Tslastock
TSLA 3/day and weekly Trend ReversalOn the weekly for tesla, we are seeing a trend shift on the trend bricks and all 3 trend meters. This is a good confirmation for an entry on a short position.
We will have a 3-day close also in the red.
I would look for an entry on a weekly close confirmation.
Great long-term potential setup.
TSLA LONG on the Daily algorithmTSLA S3XY algorithm initiated a long position on the daily time-frame on June 23. The weekly signal remains neutral and if both daily and weekly are long then we have a potential price explosion for tsla that could retest and break thru $1000. Daily Long position is very bullish and likely the early signs of TSLA making another attempt to run up to $1000. Before $1000, there are three psychological levels - 700, 800 and 900. There are two time aggregation periods that suggest the price level of 700 will be taken out this week based on the famous BLT candlestick combination. These combo candlestick setup can be viewed on the 2D and 3D aggregation period. We have opened two positions and likely to continue to add more for July and august monthlies. S3XY on the 30min time frame is long and we also have a full position using common shares.
TSLA - Elliott Wave Analysis - CorrectionHi All,
I'm a long term Tesla Bull, but bearish short term, the price action suggest short term bearish price action.
Reasons
- No Catalyst until July Delivery Numbers
- No S/X Deliveries yet
- Nasdaq still in correction mode and has a room to come down, pressure on tech/growth stocks.
- Elon's tweets about FSD subscription(impacts financials) and FSD V9 release dates(impacts no financials on short term, helps perception which is good) are still in the air with no factual date of release.
- Elon's sudden move on BTC adoption, then again sudden reaction on it's rejection, creates only confusion and markets don't like it, but this will have only short term ~1 day impact on trading.
PS: This is just my opinion based on price action and macro level economics. Please be careful picking your trades.
$TSLA Perfect Bounce! Target Lock on $750 Next WeekIf you find these charts or video breakdowns useful be sure to leave a like and follow for more daily breakdowns.
We got our bounce today! and it was STRONG! Heavy pockets unloading on this bounce giving us a bullish engulfment.
Going into next week I am setting my first target at 750 for the EOW
Monday I would like to see $TSLA above the 9MA (white line) or 720. The 9 MA is only confirmation that we will see continuation and a stock will ride that MA during a bull run
After seeing the strength that was exhibited today and looking back at similar movement we could see a 3 bar play here on the daily time frame up to resistance around 765-755
But getting past 725 is our first challenge
WHY $TSLA BOUNCED TODAY! T&A, PREDICTIONS, AND BREAKDOWN!Make sure to like and follow if this video helps you for more daily content.
Its a great feeling when your technical analysis hits, but the dms I have gotten on my social media are the best! Glad you guys caught my previous breakdown on $TSLA If you didnt make sure to follow!
Today was a perfect example of the lucrativeness of options. Some options opening up at .50 and closing over 15.00 (or $50 to $1500) and I saw a lot of people in their bag today!
But moving on into next week we could see 750 action with the right market conditions. In this video ill be giving a brief explanation on what I expect going into next week!
More within! Have a great weekend!!!
$TSLA Post Earnings (Update 4/29)So as posted before $TSLA has followed that downtrend set in my last $TSLA Idea published.
Market conditions have been an added damper but $TSLA appears to be making way down to our daily support in the 675-665 range. I expect a bounce up to resistance tomorrow (purple line) perhaps 692 if we bounce at the bell tomorrow.
Ill be waiting for the bounce off support and a bullish daily candle for confirmation. (See previous video and idea post below)
Good trading
$TSLA Pre-Earnings Price Targets (Technical Analysis)We Ended Friday under resistance (purple line) and relatively low volume. Going into earnings which good earnings could be crucial for holding up a bull market. Based on the structure of this daily pattern, if earnings does not go well, we could see a trip to support (not immediately)
Support (RED TREND LINE) for $TSLA would be in the $645-$660 Range if we do see a drop. If we bounce off said support bullishly then I will take a starter position with an anticipated break of downtrend (purple line)
Resistance (GREEN TREND LINE) is around $765 and if earnings goes well and investors react positive we could see an initial push to $788 and in trend move up to $835 as a second target. Price targets are high and the bull are waiting for this earnings to step up. This weeks earnings will more than likely dictate where we trend for the rest of April and May. I will link my previous video breakdowns below, if you haven't seen those, I give an in depth look on the setup going into earnings. Good luck traders and if you like this content make sure to leave a follow and a like!! I will be posting a video breakdown on Monday as well. Stay tuned!
$TSLA Update And Breakdown (Both Sides of The Coin)Video breakdown on $TSLA going into 4/12. Needing to see abounce on the 200 ema 1hr or we may see a head and shoulders play out and $TSLA return back to that support around $625! If you like this video please leave a like and make sure to follow for more breakdowns!