TSLA bounced as expected, next? Tesla updated Support ResistanceUpdate to previous analysis looking for a bounce then leg down (click) .
Tesla bounced as expected, helped by an overall market bounce.
The market bounce was also expected, per this S&P500 plot (click) .
Dead Cat bounce or true Reversal is unclear for the overall market.
Many analysts on the news are calling for doom and gloom for Tesla.
So nothing new there, ''talking heads" have been saying that forever.
But clearly we have a major downturn in sentiment towards this stock.
The downward velocity has been increasing (accelerating).
The last wave is probably not done yet, a lower low is likely.
Looking for a "blow off" spike below supports on high volume.
193-195 is immediate resistance but should be surpassed.
203-205 is mostly likely bounce target, then a leg down.
253-256 is MAJOR resistance, I am selling there for sure.
174-178 is immediate support but will not hold another hit.
139-143 will be strong support perhaps after $150 stop hunt.
123-126 is MAJOR support that if approached is a big buy.
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See some of my other plots and trade calls below.
I also plot Forex and Crypto, take a look at my profile page .
SPX bounce
SPX top Oct 2018
FaceBook bounce
Twitter bounce
NetFlix bounce
Amazon scalp
Gold long
Silver long
Oil long
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
Teslaanalysis
CNBC and Morgan Stanley are idiots. TSLA is a buy.This is a fractal analysis of THE most undervalued and hated upon and shorted upon Tech stock of our generation.
The constant barrage of anti Tesla FUD has gotten to such an extreme level that me and my wife had to make a friggin youtube video about it on our
quite small youtube channel:
youtu.be
This analysis is quite simple, based on a fractal idea, and in early 2016 we had the same situation as now.
The chart situation looked very similar. Back then, the stock also fell by a factor of 2 over months, reaching brutal lows in early 2016.#
The same people were responsible: CNBC, Chanos, Morgan Stanley et al.
Very very similar situation back then. And we all knew what happened afterwards.
People shorting Tesla are like People who in the early 20th century said:
THIS AUTOMOBILE WILL NEVER TAKE HOLD. I'LL PREFER MY HORSE ANY DAY!
Or people who back in the 90s said: BAAAAHHH...I WILL NEVER USE THIS STUPID INTERNET THING!!
Or people who now also say: BITCOIN IS A FRAUD, IT WILL NEVER SEE MAINSTREAM ADOPTION.
People who don't understand what a paradigm shift is occuring now in the automotive sector, the transition from ICE cars, to electric cars,
need to wake up. Shorting this stock at these levels here is madness. But, it is a perfect opportunity to get in cheap for a nice long position.
CNBC and their vassals Chanos and Morgan Stanley, want to manipulate this market, because they get money from Big Oil and the old, dying, Legacy carmakers.
The ICE car is dying, and they are desperate. Sales of traditional cars stay constant at best, but tend more to the downside.
Whereas electric vehicle sales x10 folded worldwide from 2013 to 2018. They continue to do the logistics- S curve, and are growing exponentially.
And so is Tesla.
Demand for the Model 3 is huge, and the Shanghai Gigafactory 3 will soon go online. They have consistently sold x2 more cars every year than in the previous year. 2019 will be the same.
A cheap model 3 produced in China, flooding the market. Production margin will increase even more.
Would you have shorted the Automotbile in 1900?
Or the Locomotive in 1830?
Would you have shorted the Television in 1950?
Or the PC in 1980?
Then why short Tesla? WHY SHORT INNOVATION?
It doesn't make sense.
And CNBC and Morgan Stanley are idiots and manipulators.
This was my anti Tesla FUDsters and Shorters rant. Enough now ! CIAO !
What Investors Don't Consider When Bashing TSLA!
NASDAQ:TSLA Is extremely undervalued and I'll tell you why I believe the stock will be worth IMHO 15x its current value in the next 10 years.
NASDAQ:TSLA has a market cap of $34B as of market closing Friday May 24th. The brand is most known for electric Vehicles and a controversial & genius CEO.
Revenues for 2019 is expected to be $30B...so it will be trading at 1x sales and revenue has been growing at a clip of approx. 60% per year.
Tesla's revenue grew 10x in 5 years...that's insane. If Tesla's revenue grows by half that compounded amount in the next 5 years it will have revenue of $75B! At 5% net margins which is typical for the automotive industry(And Tesla is far from being "Typical") profit can be $3.75B. With a p/e multiple of 10, it is a $37.5B company all day long--basically where it sits currently.
Year after year I see more and more Tesla's on the road and every person I ask who owns one says they love it--including me!
Oh ya, that's right... NASDAQ:TSLA also owns the largest Lithium battery plant in the world...the Gigafactory. I forgot about that... the vision here is to make lithium a highly used energy source for powering cities and supplying other automakers with energy units for their cars. Genius. Lithium battery sales alone can outpace their auto unit.
NASDAQ:TSLA is such a new company..it hasn't even begun to monetize on the brand and technology in other areas like Honda, Ford, and Toyota.
Tesla can come out with Motorcycles, Pick up trucks, Freight Trucks, Seadoos, Motorboats, lawnmowers, and the list goes on...and let's not forget Autonomous taxi services (UBER valued at $70B with half the revenue of TSLA).
Of course, Tesla has to get it's shit together with vehicle production first; but when it does and it will, the company will come out with a forest of other products that it's raving fans will purchase. Today at $190 a share the company is a steal and a half.
The company has such a strong world-renowned brand and is at the cusp of the worlds most crucial topic; Climate Change. The funny thing is it spends basically $0 on advertisement when other automakers spend billions.
In conclusion, NASDAQ:TSLA is a great risk:reward investment. The downside is always the most important thing to look at in comparison to the upside and IMHO Tesla has very little downside in terms of its fundamental value. Remember Apple in the 90s (www.nytimes.com).
TESLA - BEARISHTesla has broken out of the bullish channel and is now looking very bearish.
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates potential support/resistance .
Red line indicates t/p.
This is a log chart.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
This chart is made using fib channels.
$TSLA LONG | CURRENTLY ON SUPPORT LEVELHello hello hello...
It's time for a brand new analysis, today we're breaking out $TSLA.
This chart is on 1 hour timeframe. As we can see $TSLA has hit the 250 mark for 2 times already and it has bounced back to 300-340 mark. This pattern has hit already twice in a row, now we will see if it happens for the third time.
RSI9 is pretty nice indicator in downtrends and if you look at the RSI bottoms it is lining up with other dips. After these dips it everytime does a correction. Even tho Wall Street is now skeptical about Tesla's future, I still believe in chart analysis. It will get up! :)
#LONGTESLA
Breakout of falling wedge $TSLATSLA has been trading in a falling wedge since the middle of december 2018.
It perfectly touched the upper and lower trendline a few times and now broke out above the upper trendline.
Entry for this is anywhere around 292$-295$
Target = 372$
Stop loss = 235$
Risk/Reward ~ 1.4 - 1.5
+24% Tesla Long, Fully Explained Strategy.Hello guys, the chart is pretty self-explanatory.
Follow the instructions and take your profits wisely :)
Remember if the conditions for entry don't happen, don't force the trade - entry conditions are also a crucial part of the strategy.
PS: I'd bet on the #1 target since it's a shorter term analysis, if you look at the weekly candles there's a big possibility of a further move down. Therefore I'm betting on a smaller bull run for a correction.
But, we're close to the W bot, so it's worth the risk if it's the W bottom we are talking about of a possible 50%+ trade, look at the related ideas, there's a W analysis and it will make more sense.
1% Day for 300 days with Tesla - Spectro Side Trend StrategyHello everyone,
I admit this is one of the setups I like most, many people frown when they see side markets. Because most of the times they lack volatility - yet, sometimes those beautiful long range channels show up. Allowing you to "ping-pong" as long as they hold. Usually, you get 2-3 bounces before they cease to exist. Look for behavior similar to this in other assets and then just apply the strategy.
Channels within a 10-30% range offer around 0.2~0.5%/day avg profit
Channels within a 30-60% range offer around 0.5%~1.5%/day avg profit
For this strategy, I'm only using one indicator: Spectro M2
The only features I'm using on the indicator is the main Spectro Oscillator with the aggressive preset and one of the pivotal leveling tools offered.
I'm not using any other confirmations but since it's a W chart, you can use XConf Algo with aggressive settings(you'll notice a small green arrow, that's the extra reversal confirmation that appears less often)
Tesla analysis:Limited upside potentialTesla motors stock analysis (TSLA) for today is presented on a Daily timeframe that shows over 2 years of price action for the automotive and energy company.
June 27, 2017 to current date has seen Tesla’s stock price remain range bound between ~$387.70 and $246.55, with price currently trading near the top of the range and closing on Friday, December 14, 2018 at $365.71.
The range bound market since June 27, 2017 is identified in this Tesla analysis as a rectangle top pattern, which is ideally bearish.
Also important to keep in mind is the long term bullish trendline which is anticipated to provide support if bearish momentum picks up to the downside or the bottom of the range ($246.55) as mentioned above.
Point of invalidation (POI) of this analysis is price closing above the top of the current range. A consolidation of price after a breakout above the upper range of the rectangle would argue for further bullish bias in Tesla (TSLA), while a breakout alone could result in a bull trap = fake out breakout.
Tesla Weekly Under 200MA - Investment opportunity.Tesla stock is currently under its 200MA on the weekly chart, trend line keeps the stock in a uptrend. 2 Yellow zones for targets as we go towards 2019. 20 & 50MA are acting as resistance and stock is currently trading in-between 20 & 50MA and 200MA.
TESLA Long Term (DAILY)Simple Analysis
- Tesla has found support here at $260
- RSI is currently oversold at 27.
- Bull Volume is greater than the previous bear candles.
If you're looking to go LONG this zone will be your entry point with $390 as a target. I feel like it'll range here for a bit before breaking out later on next year.
Tesla Analysis + PredictionsTesla is going to be trailing with some negative correlation at around a $315 price point. Tesla as a whole has been undervalued lately though as a stock due to short bets against Tesla's company. Numerous Wall Street analyst don't seem to be seeing positive growth for Tesla. This is likely the reason the company is transferring to private ownership. With many people concerned over Tesla's stock price and all the news surrounding shortening, it likely prevents Elon Musk from continuing growth or increasing morale for its corporate culture.
TESLA STOCK ANALYSISJust straight up looking at the chart, we can tell that the trend is clearly upwards. As the ADX and PVT are positive (even after the recent dip), it might be a smart idea to invest. However, at the same time, the fall in ADX could lead to a gigantic drop as traders sell in order to prevent a loss, especially after the recent news
Currently, Tesla stocks are trading and the stock could go either way. Mostly, I believe that the fame behind Elon's name will drive the stock upwards. Heck, the stock jumped after he predicted that shorts are going to lose billions.
It might be a smart idea to wait for a bit but this stock should be one to keep an eye on.
In my amateur analysis, I believe that the recent drop in stock was due to the 'sensitive information' stolen and the recent fire in the supply lines. Elon delivering on his Model 3 promises will drive the stock upwards if he succeeds and downwards if he fails.
It might be smart to watch for news on Tesla. They have to hit a quota of 5000 cars a week to drive up the stocks and well you guys can decide if you all believe he'll reach it or not. Do decide to short or buy stocks of Tesla respectively.
For me, however, I'll be buying stocks of Tesla mostly cause I love the idea of clean energy and actually hope it works!
Thanks for reading!
Tesla Stock: $300 Short TargetPeople love to be overwhelmingly critical of Tesla Motors, especially given yesterday's analyst call. However, Tesla is seemingly going to expand throughout 2nd quarter 2018. Even given how much money they burnt, they still technically surpassed revenue expectations and are a growing car company. Given where electric cars are heading as well as the moderate success of the Roadster and Model S, it is unreasonable to consider Tesla a failing company. The continuous bidding against it shows some short biases.