WAIT FOR THE RIGHT TIME TO BUY TESLAI trade Forex - but have been tracking Tesla's growth and performance since its launch and I can go on and on and on as to why we will see share prices hit big levels - but for now I would certainly wait for a better buying price point before getting in and holding out for the long term.
Teslaanalysis
Fun Time Approaching For Tesla! (TSLA)I am highly interested on tesla as we approach an edge play at all time highs!
Followed by the massive market crash tesla has ran non stop on the larger timeframes to the current position of 885.66, that is a lot of rocket fuel! 👨🚀
BEAR SCENARIO:
What your going to want to look at on the daily timeframe is to watch for the Crossover strategy take place. We want to see the green candles compress for a red doji crossover for interest on a potential massive short position. Once we ge the cross confirmation the next step is to start to see the red candles cross over the green line that it has been trending above since the bottom. That is how we will spot the Resistance pressure.
We notice on the ema dots below we have one confirmation of red dots printing, we need to see them all line up and follow. Your strongest confirmation is when the candles and the ema dots align. That is the money shot. Like we say in say in our course we always use tight stip loss in case of a reversal! 1-3%
BULL SCENARIO:
We already have green candles in motion but the current Resistance level we are watching is 910.04.
As we approach this edge we want to look for a breakout to fire long. So if we can get price to break we will fire long and apply our stoploss and continue to track tesla based off the ema dots and the Crossover strategy. Our stoploss will become 1% on a break back low then to reverse to a short and play this level till we get pull on the new long term trend. (Tight risk management on breakouts) A breakout like this your going to see a pullback to test it to see if the highs are a new level of support or just a fakeout. If bull pressure can snap it and really kick in you should be solid. If it hesitates then you know something is up.
All time highs are a great spot to look for a very long term position. 910.04 is your money level. Play the strategy to the book. We will be using the daily and the 3 day charts for this one. Will stay updated on tesla as I scout it.
Best of luck, enjoy your sunday and have a blessed day! 😁❤✌😁❤✌
⬇️ Drop some comments and let us know what you think will happen next! ⬇️
🥇MLT | MAJOR LEAGUE TRADER
TESLA Analysis .I think there are many potential moves for TSLA .
For example ,For people looking for a buy entry , I think it would be important to wait for TSLA to close in an upcoming day considerably above the 840-843 area (green rectangle ) before buying with a first target at around the 874-884 area (the first blue rectangle ) and a potential to go for the 940-970 at the secong blue rectangle If we close in an upcoming day above the first blue rectangle .
TSLA might also break and close significantly below the black line ( trendline ) , it would be interesting then to watch how price would act around the the red rectangle area .
(This is the same as the original post but with a daily timeframe because some might prefer so )
Original Post :
TESLA Analysis.I think there are many potential moves for NASDAQ:TSLA .
For example ,For people looking for a buy entry , I think it would be important to wait for TSLA to close in an upcoming day considerably above the 840-843 area (green rectangle) before buying with a first target at around the 874-884 area (the first blue rectangle) and a potential to go for the 940-970 at the secong blue rectangle If we close in an upcoming day above the first blue rectangle.
TSLA might also break and close significantly below the black line (trendline) , it would be interesting then to watch how price would act around the the red rectangle area .
Tesla Bad Candle Patterns and Fibonacci Halfway Back Short Does Fibonacci Retracements work on stocks? Yes, TSLA is in a topping pattern. Bad Candles Patterns & it's holding a daily HWB 50% short. 12 hours at it's short and it can't break it. 745 Target. Last time Tesla couldn't hold break a short, Late Feb - Early March - Target of 532.68 hit after getting no further than the sell zone.
Tesla vs. the Californian State GovernmentFirst off, please don't take anything I say seriously, as always this is on opinion based basis and not meant to be taken as financial advice. That being said, here are my few cents about this matter I have been actively monitoring. Elon Musk said he would return to his factory regardless state orders. He has already been talking about moving his factory over to Texas and a brexit style exit from the whole state of California. Now, regardless of what side of the political spectrum you are in, there are a few key points one needs to look into. 1) Lots of the Tesla employees are still factory workers. The whole portrayal of everyone working at Tesla being some Silicon Valley engineer is wrong. There are already people doing hard labor, working in factories and assembly lines who are financially struggling. 2) Tesla wanting to move shouldn't be indicative of operational problems given the time we are in. 3) Enforcing a business to stay closed and not pay workers while still expecting that business to meet earnings calls and expectations after seized production makes no sense. (It is like a double edged sword). 4) If Tesla closes Californian factories, a whole bunch of tech companies will follow Elon Musk's exit. I think there is common sense on how bad the state economy would be effected if Silicon Valley is no longer the valley. Not saying I agree or not with his decision. Infact, I am not much of an Elon Musk fan myself. However, from a non bias perspective one can see the decisions he made as a businessman and why they are likely best for his stock's growth. That is why I remain highly bullish of Tesla but still rate it a mid risk hold given its extreme hyper growth. I don't see its stock crashing too soon, but I think bearish trends could be upcoming or at least less of a stable positive correlation. That being said, the overall stock should be a bullish pattern given Mr. Musk seems like he is likely to crush the next earnings target and production quotas Tesla is expected to have (in my opinion).
More Tesla Drama over the Weekend- Tesla in a battle to reopen with California government. Elon tweeted he may move Tesla out of California as a result ! That would be a big financial hit and cost big $$ to initiate if this eventuated.
- Technically the chart is pretty clear - the battle lines between the bulls and bears have been drawn. We like Tesla but are not buyers at these prices and would consider the stock at the below demand zones.
- Expect prices to remain choppy until the outlook is more clear with the company fundamentals / operations.
Tesla Bulls Getting Punk'd!Today U.S. equities squeaked out nominal gains on the major indices, led mostly by tech and a strong rally by Tesla. With the unemployment rate being announced on Friday, this week could be setting up the next sharp move to the downside, as it is suspected that the unemployment rate is going to increase substantially from the the 4.4% reported in April. To dampen matters for the bulls, the Fed announced further cuts to its QE bond purchasing...hmmm. Today, we go over Tesla and why I believe bulls should be concerned.
Tesla Bulls Punk'd!
The stock that stood out today was Tesla, Inc. which posted an 8.54% gain as it attempts to break overhead resistance. This resistance level is not joke and may actually take a few attempts to break through. Why the "big" rally? Technicals. Tesla, was oversold on lower time frames and if more downside is to come sometimes price must return to a median. On the chart below you see the Tesla 4-hour chart and I highlight two key points on why I believe the Tesla rally will be short lived.
During the Tesla parabolic run-up, notice how the volume differs to the current volume on a similar rally. The volume is currently descending. This should provide pause to the bulls. Although eh true direction of the Tesla stock is to be determined for the long term, there are clues that this rally is part of a larger consolidation. Furthermore, proof that the short term rally could be short lived is Chaikin Money Flow (in green). Currently in the negative, the last time it remained at neutral, a -45% ensued. I would be careful building any bullish positions at these levels. Levels I am watching for buying begin at $450. Bias: Bearish .
Going Forward
Going forward I will be selecting one chart to review and it'll be a bear or bull call. It'll be one post a day until I can can figure out my schedule. I am also experimenting with the kind of content that people will enjoy. Thank you if you have been following me the past few weeks. I will be providing more content one my website goes live! If you have any suggestions pleas feel free to post in the comments.
Tesla: In-Depth Fundamental Analysis 1M (Apr. 29)X FORCE GLOBAL ANALYSIS:
Tesla is an American Electric Vehicle (EV) company with a disruptive presence in the automotive industry. TSLA is one of the most hyped stocks of NASDAQ, with avid supporters of the company itself, as well as its leader - Elon Musk. Due to the nature of the stock, technical analysis can be used to identify strong support and resistance zones, but fundamental insight is required in order to grasp the tremendous value this company has to offer. Thus, in this analysis, we take a purely fundamental approach in analyzing this stock.
Fundamental Analysis
- Despite the Corona Virus (COVID-19), Tesla has managed to manufacture and deliver record-high number of vehicles for Q1 2020
- Tesla ended 2019 with 6 Billion Dollars, and early this year, they raised an additional 2 Billion through stock offering
- This indicates that Tesla has enough money to go endure the chaos caused by the viral outbreak
- Tesla is one of the biggest beneficiaries of the Zero Emission Vehicle (ZEV) credit regulations, racking up huge ZEV credits that other automotive companies pay billions to purchase
- In March 2020, Tesla has taken up 25% of the Chinese EV market, and further domination in arguably one of the most important markets is anticipated.
Arguments against Tesla
- Tesla has a negative Earnings Per Share (EPS). Negative earnings are a red flag for value investors
- Tesla's operating margin is arguably too low, and not enough to be profitable for the long term
- Tesla's Debt to Equity ratio is quite high, and is a reason for concern, as it suggests that Tesla is a higher risk investment
- While gross income growth of Tesla for the past three years have been great, these are not sustainable numbers
- There are arguments against Tesla's management; some argue that Elon Musk gave himself too big of a compensation package
- This is concerning to investors, as the company has still not turned an annual profit.
Future Projections
- While the Electric Vehicle ( EV ) Market continues to grow, Tesla's market share remains at 17~18% of a rapidly growing industry
- Tesla's gigafactories have shown unprecedented progress in terms of how fast the factory was built, as well as the automated manufacturing process
- Tesla has 2billion miles of autonomous driving data, which is more data than any other player in the market for self-driving cars
- Based on the vast amount of data, Tesla's self driving cars will allow the company to generate software-company-like margins
- Tesla has better battery efficiency compared to combustion engine cars, and can still benefit from economies of scale
- According to EV experts, Tesla's vehicles are at least 4-5 years more advanced than those of its competitors.
- They have been hit with the coronavirus, slowing down production in their gigafactories, but their fundamentals remain strong nonetheless
What We Believe
In summary, Tesla is not for the average Warren-Buffet-style fundamental investor, seeking to purchase stocks at an undervalued price. It is, however, for the Masayoshi-Son-style investors who values the company by future expectations. We believe that Tesla is an automotive company to the same degree as Amazon is a bookstore. There is a lot more potential in the fundamentals of this company that many fail to recognize, and despite the short term hardships it may face, the innovative values that Tesla prioritizes can take this company to record highs.
Trade Safe.
Cybertuck Go Crash? (TSLA)Woah, woah, woah hey now!
It's ya big homie coming at you with another one of these fire TA 🔥
I got the daily pulled up on the big wild beast TESLA.
Elon could be calling up his A.I. hedge fund from Mars right now telling them to go short.
Or is Elon hoping in his Cybertuck to go fuel up the rocket?
We got the compression showing indecision.
Let's factor in the run from the recovery process.
Lots and lots of green.
When the compressed doji crosses over the green brick under it. Strong sign of a short.
We at the indecision stage.
I say fire short here at $725
With roughly a 3 - 5% stop 750 - 760 / Reverse target hit than go long
A break above $760 I think would lead to a massive surge.
Crack $700 I think it sells off
Based on the fact that if you look at like a 6 hr chart. It's overall pattern on these style of timeframes look like a massive cup. Which is bullish. I just think we are a little to overextended and could cool a little bit.
If I had to put price targets.
If it goes short I think next we can shoot for the $640
If it broke long than really the only next level is $900.
Break those targets, well than you are looking at a strong trend continuation
Those will be very important levels.
Right now we are at that sweet spot. Zone in on it.
Why TSLA will make New HighsHi Traders! Hope everyone is just as excited as I am with the opportunities the markets are giving swing traders these days.
Today, we are going to begin analyzing TSLA and its bullish case and how TSLA may be the trigger that leads to true capitulation in the stock markets.
Above you see the long term weekly view of TSLA. It is creating a rising channel that we can start to take seriously. If you had this channel drawn out you would have perfectly timed out the low the week of June 3, 2019.
The next image I examine instances when TSLA stock was at extreme overbought conditions. These are common during wave 3's. Wave 3's are typically the longest/strongest waves during a cycle. The wave that preceding impulsive wave 5 normally undergoes a divergence, signaling the trend is slowing.
What is happening now?
A wave 5 ending diagonal. Currently TSLA maybe consolidating into a wave 4 that could propel it to $1200 - $1500. The reason why I am beginning to think this may be an ending diagonal is the manner in which wave 4 has overlapped wave 2. You only see that in diagonals.
What am I looking for next?
If TSLA begins making new highs, there is a risk price is getting out of control and I'll be looking at this as a wave 5 extension and aiming at the top of the channel range for exhaustion. On the other hand, if TSLA continues consolidating in waves of 3, it is conceivable that it could be within a triangle consolidation.
Short term bullish on TSLA. Thank you for reading my analysis. Like, comment and follow if you enjoy this analysis and would like more content!
$TSLA Increase until EarningsOn April, 2nd 2020 $TSLA reported that they had delivered a little over 88,000 vehicles.
This has been strong support for BULLS entering into Q1 Earnings season.
$TSLA is expected to report earnings on or about April 22nd (maybe as far out as April 29th).
The general consensus for the EPS is $-1.31.
I'm seeing $TSLA continue to rise until then with the strong BULL support with 3 possible resistance levels.
$675
$700
and
$750
After that the BULLS (and anyone covering their SHORTS) will begin to sell:
Tesla continued to work through most of the start of the lock-downs, but eventually had to oblige to lock-down orders.
They have put many of their sales and delivery staff on furlough and slashed employee pay since.
I believe Tesla stock will feel the BEARISH consensus following earnings.
Looking to buy in long then.
The shaded box is the range I am giving for their Earnings, however general expectations would be April 22nd.