Tesla Shares Up 6.3% on Model Y Price Hike in US, EuropeIn a strategic maneuver to bolster sales and navigate shifting market dynamics, Tesla ( NASDAQ:TSLA ) recently announced price hikes for its Model Y electric vehicles across select regions, triggering a surge in its stock price amidst a backdrop of evolving challenges and opportunities.
Seizing Momentum Amidst Price Adjustments:
Tesla's decision to increase Model Y prices in both Europe and the United States has sparked a flurry of investor interest, propelling its shares by nearly 7%. The move, which includes a $1,000 hike for U.S. customers and a 2,000 euros increase for European buyers, underscores Tesla's agility in responding to market conditions while seeking to optimize revenue streams.
Navigating Market Sentiments:
Despite the immediate market enthusiasm, analysts remain cautious, citing concerns over persistently high Model Y inventory and interpreting the price adjustments as a short-term sales stimulus rather than a reflection of robust demand. Goldman Sachs analysts, in particular, have revised their 12-month price target downward, highlighting challenges in Model 3 production ramp-up and operational disruptions at Tesla's Berlin gigafactory.
Evolving Market Landscape:
Tesla's strategic maneuvers unfold against a backdrop of evolving market dynamics, including reduced electric vehicle subsidies in Europe, intensifying competition in China—the company's second-largest market—and signs of slowing demand. While analysts acknowledge Tesla's strong position in the electric vehicle and clean energy sectors, they caution that near-term market conditions could impact earnings and growth trajectories.
Strategic Outlook:
Despite near-term headwinds, Tesla ( NASDAQ:TSLA ) remains well-positioned for long-term growth, leveraging its market leadership and technological prowess in the electric vehicle and clean energy sectors. The company's ability to navigate market challenges while sustaining innovation will be pivotal in shaping its trajectory in the competitive landscape of the automotive industry.
Tesla
NVIDIA 1000 SOON ?NVIDIA Corporation (NASDAQ: NVDA), a leading player in the technology sector, has been showing promising signs that could potentially drive its stock price to reach the $1000 mark. Here’s why:
Strong Financial Performance
NVIDIA’s financial performance has been impressive. In 2023, NVIDIA’s revenue was $60.92 billion, an increase of 125.85% compared to the previous year’s $26.97 billion1. Earnings were $29.76 billion, an increase of 581.32%1. This strong financial performance indicates a healthy and growing company.
Positive Analyst Ratings
The consensus rating for NVIDIA stock from 41 stock analysts is "Strong Buy"23. This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Future Growth Prospects
According to forecasts, NVIDIA’s revenue for the year 2025 is expected to reach $136.09 billion, representing a growth of 21.67% from the current year1. The EPS for the year 2025 is forecasted to be $30.41, representing a growth of 22.03% from the current year2. These growth prospects could potentially drive the stock price higher.
Dominance in AI and Gaming
NVIDIA’s pivotal role in the artificial intelligence market and its dominance in the gaming industry are key factors that could drive its stock price. The company’s GPUs are widely used in data centers, gaming, and AI, sectors that are expected to grow significantly in the coming years1.
Bullish Technical Indicators
Based on technical indicators, the current sentiment is bullish and NVDA could hit $2,813.93 in 20254. This might be a good time to open fresh positions on NVDA, as trading bullish markets is always a lot easier4.
While the road to $1000 may have its ups and downs, the combination of NVIDIA’s strong financial performance, positive analyst ratings, future growth prospects, and dominance in key sectors makes a compelling bull case for its stock.
$TSLA recovery sooni expect a recovery from NASDAQ:TSLA in the next weeks.
But currently MACD, KDJ and Vortex Indicators show oversold levels but no reversal signs yet.
Tesla needs to show a structure of reversal first (higher low, higher high)
For long-term accuulation this is a good entry level also for dollar cost averaging.
TESLA: Long Trade Explained
TESLA
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long TESLA
Entry Point - 163.56
Stop Loss - 152.38
Take Profit - 186.82
Our Risk - 1%
Start protection of your profits from lower levels
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Institutional purchase at $165 : I hope I'm not mistaken.I bought earlier because I couldn't manage my emotions hahaha. Since it was at 210 or 215, I had placed my orders at $165, but I couldn't resist FOMO during the drop lol.
Earnings are forecast to grow 10.62% per year
Earnings grew by 19.2% over the past year
TESLA The time to buy is NOW. Huge +40% upside.Tesla / TSLA hit the Falling Support today, which is the bottom of the Bearish Megaphone started after the July 19th 2023 High.
On top of that, the 1day RSI turned oversold, entering the Support Zone that has priced all 4 bottoms and buy opportunities since the April 27th 2023 Low.
That Low was at 152.40, marginally under the current price.
As you realize, this is technically the strongest buy opportunity of the year and in price action terms, looks very much like the April 2023 bottom.
Keep a medium term perspective, buy and target the 1day MA200, near the Falling Resistance and just under the 0.786 Fibonacci at 230.00.
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Tesla - Confirmed BreakdownHello Traders, welcome to today's analysis of Tesla.
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Explanation of my video analysis:
For more than three years, Tesla stock has been trading in a bullish flag formation. Two months ago Tesla once again retested the upper resistance trendline and failed to break out towards the upside. There are two major support levels below current market price which I do expect Tesla to retest. Then you can absolutely consider long setups again on Tesla stock.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Worldwide misunderstanding for Polestar 😄Trading at 87.5% below our estimate of its fair value
Revenue is forecast to grow 35.64% per year
Trading at good value compared to peers and industry
Risk:
Negative shareholders equity
Has less than 1 year of cash runway
Currently unprofitable and not forecast to become profitable over the next 3 years
Volatile share price over the past 3 months
Polestar has tried everything. Collaboration with Renault to "sublet" production plants (future plant in South Korea). Breakaway from Volvo. Lower prices for Polestar 3 and 4 cars. But nothing worked. The stock continues to sleep, brain-dead.
The shorts keep piling up, day after day after day...
As a huge investor in this stock, I myself look away. I start buying a China ETF, Porsche, European stocks like Nestlé or Swatch or Zalando or Kering... no one in my entourage can hear about Polestar anymore haha
TESLA just set the new target down to $100 - Problems for EVsTechnically we see an M Formation on Tesla.
The price broke below the neckline and the price is both below the 20MA and the 200MA.
The nature of this analysis is HIGH probability.
We, can set the first target to $100 and then next to $80. And if it breaks further we are talking $60....
But let's see.
There is fire in the EV space. With crashes, glitches, malfunctions, issues with snow, unable to track correctly objects on the streets and identifying.
There are also issues with having parts reordered when they breakdown.
And Elon is focussing more of his attention on X and SPace X. So this is not convincing and promising to shareholders to keep holding.
Is this the end?The support at 200 has been broken and confirmed in the monthly timeframe. Now bears are going after the 165 support (neck) level. We will see a lot of bouncing and pull backs. If it loses the 165 the only thing that can prevent a total collapse is the uptrend line. Also the 100 level is very strong. But doesn't look good in long term. I might take advantage at the support levels selling CSP but I definitely wouldn't be a holder.
Tesla Faces Headwinds: Analysts Downgraded TSLA StockTesla ( NASDAQ:TSLA ), the electric vehicle (EV) pioneer, finds itself at a crossroads as analysts' sentiments diverge on the company's prospects. Recent downgrades and contrasting opinions reflect uncertainty surrounding Tesla's ( NASDAQ:TSLA ) delivery expectations, pricing strategy, and the viability of its next-generation vehicles. Let's delve into the nuanced landscape of Tesla's stock analysis and the divergent views shaping its trajectory.
Downgrades and Concerns:
Wells Fargo's downgrade of Tesla ( NASDAQ:TSLA ) to underweight, with a reduced price target, highlights concerns over disappointing first-quarter deliveries and ongoing price cuts. The firm's skepticism extends to Tesla's next-generation offering, particularly the economics of the anticipated Model 2. Everscore's projection of delayed ramp-up for Tesla's cheaper vehicle further compounds apprehensions, indicating potential challenges ahead.
Optimism Amidst Uncertainty:
Despite the prevailing skepticism, Wedbush Securities' analyst Dan Ives maintains an outperform rating for Tesla, albeit with reduced Q1 delivery expectations. Ives remains bullish on Tesla's long-term prospects, emphasizing a positive outlook for deliveries throughout the year. His optimism stems from observations during a recent trip to Asia, suggesting a slowdown in price cuts and potential stabilization in demand, benefiting Tesla and the broader EV industry.
Contrasting Views on Earnings and Performance:
Analyst consensus for Tesla's 2024 earnings paints a mixed picture, with projections below 2023 levels, indicating another year of negative growth. Morgan Stanley's Adam Jonas echoes concerns, lowering earnings projections and envisioning potential losses for Tesla in 2024. Despite trimming his price target, Jonas maintains an overweight rating, underscoring the complexity of Tesla's performance outlook amidst evolving market dynamics.
Market Response and Outlook:
Tesla's ( NASDAQ:TSLA ) stock performance reflects investor uncertainty, with recent declines and contrasting analyst opinions shaping market sentiment. As Tesla ( NASDAQ:TSLA ) navigates through delivery challenges, pricing adjustments, and the development of next-generation vehicles, stakeholders remain vigilant for signs of sustained growth and profitability. With Tesla's position in the EV landscape evolving, market watchers await clarity on its strategic direction and execution in the coming quarters.
TESLA: Long Trade Explained
TESLA
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long TESLA
Entry Point - 175.34
Stop Loss - 168.70
Take Profit - 191.02
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
TESLA What Next? BUY!
My dear friends,
Please, find my technical outlook for TESLA below:
The price is coiling around a solid key level - 175.34
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 195.09
Safe Stop Loss - 165.33
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
TESLA: Bottomed and has huge upside potential.Tesla got almost oversold technically on the 1D timeframe (RSI = 36.047, MACD = -6.760, ADX = 34.229) as it made a new 10 month Low trading under both the 1D MA50 and MA200. The 1D CCI though is reversing, being traded inside a Channel Down. The previous two times this pattern emerged, Tesla formed a bottom. In November-December 2023 , the price rallied by +35.91% and in May-July 2023, by +97.38%. This gives us a buy opportunity with a huge upside potential, a short term target (TP = 235.50) and long term (TP = 340.00).
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EURUSD KEEP FOLLOWING BULL MOVE LONG TERM The EUR/USD currency pair has been making waves recently, and it’s currently dancing around the 1.1150 mark. Here’s what you need to know:
Recent Highs: The pair has been on a bullish streak, reaching its highest level since March 2022 after convincingly breaking above the 1.1100 mark. Bulls are flexing their muscles, and the euro is strutting its stuff against the US dollar 1.
US Dollar Weakness: The greenback has been feeling a bit under the weather. The latest US inflation data showed signs of easing inflationary pressure, causing the US Dollar Index (DXY) to hit its lowest point since April 2022, hovering just above the 100.50 area. Odds of further rate hikes by year-end have also declined significantly 1.
ECB’s Hawkish Stance: Across the pond, the European Central Bank (ECB) remains hawkish. Persistent inflationary pressure in the euro area is pushing them to consider raising policy rates by a quarter percentage point later this month 1.
Upcoming Data: Keep an eye out for more US inflation data. The Producer Price Index (PPI) is estimated to drop from 6.6% to 6.1% annually, while the core figure is expected to decline from 5.3% to 4.8%. Additionally, the ECB will release the minutes of its latest meeting 1.
Technical Levels to Watch
Resistance: The immediate resistance lies near 1.1150.
Support: On the downside, watch out for the previous daily low at 1.1005.
Psychological Levels: The psychological levels of 1.1100 and 1.1200 are crucial battlegrounds
Why I technically feel, Tesla is ready to build 30X againKeep It Simple and Trade With the Trend.
As a trader, you have probably heard the old adage that it is best to "trade with the trend." The trend, say all the pundits, is your friend. This is sage advice as long as you know and can accept that the trend can end. And then the trend is not your friend. There are multiple ways to spot trends, direction, and momentum.
So how can we determine the direction of the trend?
Let's take a look on the KISS rule, which says, "Keep it (as much as possible) simple, stupid!" Here is a method of determining the trend, and a simple method of anticipating the end of the trend.
Before we've started, it should be mentioned the importance of time frames in determining the trend. Usually, when we are analyzing long-term investments, the long-term time frame (one-week or larger) dominates the shorter time frames. However, for intraday purposes, the shorter time frame could be of greater value. Trades can be divided into three classes of trading styles or segments: the intra-day, the swing, and the position trade.
Large commercial traders, such as those companies setting up production in a foreign country, might be interested in the fate of the currency over a long period of such as months or years. But for speculators, a weekly chart can be accepted as the "long-term".
Averages Moving in Pairs
With a weekly chart as the initial reference, we can then go about determining the long-term trend for a speculative trader. To do this, we will resort to two very useful tools that will help us determine the stage of the trend. These two tools are the simple moving average and the exponential moving average.
Going further and keeping in mind all the mentioned above rules, lets build the trend.
Darlings, well graphed Tesla stocks trend is still the same as in 2019, where it started 30x gain.
Anybody tried to get all the path at those times? There's a chance you'll miss it again!
NIO BACK TO 10 BY 2025 !!NIO’s stock has potential for growth in the coming years due to several factors:
Analyst Predictions: The 8 analysts with 12-month price forecasts for NIO Inc. stock have an average target of 11.31, predicting an increase of 95.67% from the current stock price1.
Earnings and Revenue Growth: NIO is forecasted to grow earnings and revenue by 55.5% and 22.4% per annum respectively2.
Competitive Positioning: NIO is a significant player in the electric vehicle market, which is expected to grow rapidly in the coming years. It has been able to position itself as a strong competitor, even causing disruptions for established players like Tesla
a weekly price action market recap and outlook - tesla #2Good evening and i hope you are well.
I did not adjust my wave outlook since 2024-02-11 and so far it's pretty perfect. My thesis is we are in w3 and this will be a treat. Late and perma bulls are still long and or will buy 180/175. So if this bear channel breaks down, the short covering will be epic.
Market was/is at the strongest and this stock is in a broad bear channel. The next months the earnings will deteriorate and then we will see where the market thinks this stock is fairly priced. All bubbles pop or deflate, this is deflating. Elon won't even save it with 69 new AI announcements for the reminder of the year. If sh** really hit's the fan, he will be margin called because of x financing and this will fuel the sell off further.
bull case: Bulls pray that 175 will hold and they buy the double bottom. If it holds, they want to touch the upper bear channel line around 240 again but i would expect 200 to be bigger resistance then.
bear case: Price action wise was this a wedge bear flag which broke down and now market will test 175 if there are more buyers than sellers. Not rocket science so far.
short term: wait for market reaction at 175 and follow the trend there. we might go sideways first but i think the general market sell off will accelerate over the next weeks
medium-long term: down - what would change that? trading above 270
Tesla is looking very bad. 150 is my targetIn mid-December of last year, NASDAQ:TSLA broke above the falling trend line. At that point, I predicted a continuation upward to the next resistance level at 300.
However, after initially rising to 263, the price began to reverse and what initially appeared to be a resumption of the upward trend turned out to be a major false break.
In January, despite prevailing optimism in the stock market, Tesla's price trajectory remained bearish, diverging from broader market trends.
Moving closer to recent days, the 200 support level was broken with a gap, signaling another major bearish sign. Currently, the gap has been filled, and Tesla is testing this support level as new resistance. Considering the imminent correction for US indices, we may witness a significant drop in Tesla's case.
I anticipate a target of 150 for this drop, although, to be honest, the 100 zone is not out of the question.
$TSLA wants higher. $230-260 targetEveryone is bearish TSLA and has been for weeks, which makes me like this idea as a long.
Once TSLA breaks $204, we should see a strong move higher. I've marked off key resistance levels to the upside that I think TSLA could make a move to.
Let's see what happens over the next couple of weeks.
TESLA Under Pressure! SELL!
My dear friends,
Please, find my technical outlook for TESLA below:
The instrument tests an important psychological level 202.66
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 196.76
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
✅TESLA BEARISH WEDGE PATTERN BREAKOUT|SHORT🔥
✅TESLA was going up in
A bearish wedge pattern
But after the stock retested
The horizontal resistance
Of 208$ it broke out of the
Bearish wedge pattern and
The breakout is confirmed
So we are bearish biased
Now and we will be expecting
A further move down
SHORT🔥
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