Tslashort
$TSLA RECESSION LOW FORECASTOriginally I thought around $111 would be the bottom, and it turned out to be at least a local bottom. However, I think we may run up to around $165 and then one final dump, potentially putting $TSLA at around $65. If this ends up being the case I think it will mark the "actual" bottom, and it would be wise to start buying heavily, NFA, just my opinion and what I am paying attention to.
TSLA To 0$ ?NASDAQ:TSLA
Tesla is a great company, I don't think it will collapse, by fundamentals breaking each Q's Rev and Profits, Best selling car.
But as FED keeps raising the interest rate, it will go lower but for now:
Trade for a short timeframe . Tesla Looks great.
Over Sold, Close to Support Level, Sellers Vol Decreased, Far a Way from MA'S, confluence AREA!
I taking it for a long With 2 TP at Fibs Level.
Bought for 124.
Have fun.
TP1 139
TP2 149
SL 110
Let's talk about Elon & Tesla...Happy New Years people! 🎇 🎉
Starting 2023 off with another one of our Nostradamus style predictions. 🔮
Since Elon's massive selloff, speculation around Tesla has heated up.
So we figured we'd throw in our two cents...
Looking at the Tesla and SP500 daily charts here, we can see a few potential scenarios playing out.
We've mapped some key levels; the major 2020 support of $60, the $80-$120 zone it recently dipped into, and the bounce zone of $130-$160.
After the Elon-induced selloff, we saw a very nice bounce with 3 green candles last week. Definitely some short-squeezing taking place before years end.
This bounce can easily make a run back up towards $130 if we see a sustained pump across equities. 📈
Of course, which direction Tesla will move in the short-mid term depends on the stock market as a whole. That's why we included (as always), the SPX.
We can see a clear bounce off the top of the channel on the SPX that took place in early-mid December.
We've crabbed along the last week or so, and our gut tells us a broader sell-off might be incoming in Q1. 📉
If you're a long-term older of Tesla, setting up a dollar-cost average grid on the way down in that $80-$120 zone, might not be a bad idea. 💪
Especially if we really nuke down towards the $60 major support.
Long term we are VERY bullish on Tesla and all things Elon, but we might see some great buying opportunities here in 2023.
Eyes peeled.👀
-TucciNomics
Chief Overlord, AlgoBuddy
Some Recovery Expected Price have broken the channel ( Support ) some recovery from here is expected till about 146.00 area and then a drop - lower low till about 90s. Over all trend is still to the down side. Shorts in play, any rise is shorting opportunity for now.
Hit like & follow for more updates ;)
TSLA BULL TRAP Immediate BEARISH IDEA : Distribution Pattern
Look for drop then *UT to 198-200 area then failure with bearish divergence confirmation on RSI & MACD
Close below 178 cancels inverse H&S pattern to fill gap at 170 (we may find support at 173 for false rally and rejection at 178
Bullish then Fail set-up - Push up to 208-213 to grab liquidity then major rejection to complete 5th wave down with Bullish Weekly Divergence.
Resistance: 201 210 222
My Targets:
tP1 $160 -
tp2 $130
tp3 $120 Begin Accumulating
Just Ideas, Let me know if you have different idea or Bullish setup to share.