TSLA Earnings Report Price Action breakdown | Weekly Support |- NASDAQ:TSLA Weekly support $163.91
- currently a 15m bear flag after hours after earnings.
- now in a daily down trend
- next strong support zone in the $166s
- im currently not in the stock my after breaking out of the equilibrium (teal looking wedge) its favoring the bears at the moment.
TSLL
TSLA Future Outlook | Technical Analysis | Support & Resistance - TSLA is currently in a neutral trend, sitting close to support but also right under 186.5 range resistance
- TSLA has been performing relatively weaker than QQQ as of this week.
- Earnings seasons are coming up and there's fear of earnings recession so either earnings come in normal and the fear alleviated and we get bull moves or vice versa.
- QQQ also closed right at resistance on Friday, if QQQ dont continue moving higher its going to drag TSLA down as well.
Tesla WEEKLY BULLISH Inverse H&S, 217.65 Key level- Bullish inverse H&S weekly time frame
- Bullish cup and handle pattern
- 217.65 break of that level will form weekly and monthly uptrend for the bulls
- delivery number will be key (i mentioned the wrong date its not this weekend)
- QQQ is very extended might see some consolidation next week which may effect TSLA as well
$TSLA Price Action Breakdown, $QQQ Future Price Outlook- $QQQ about to break its tightening range, this will be very important for TSLA,
- currently TSLA does not have enough relative strength to hold up if QQQ breaks bear. so it will likely break bear with it.
- Bullish pattern: Daily Inverse H&S Weekly Cup & Handle
- XLF / KRE gapped up nicely but bear took over after cash open.
TSLL 1.5 Leverage TSLA PLAY LONGNASDAQ:TSLL
TSLL has risen 16% above a double bottom this week. Minor Resistance will be support
once broken. Rising Relative Strength on the RSI shows no divergence.
Inflow volume is consistent with the price action.
I see this as a cheap play on the TSLA uptrend with multiple shares able to
scale in and take partials on the way out. TSLA is in a cup and handle approaching
a bullish breakout.