Dont Bet Against Tesla while Bullish Strength ExistsHi guys. This is a Technical Analysis on Tesla (TSLA) on the 3 Day chart.
BRUH.......I was aspecting prices to be around the FIB retracement levels i pointed out in my previous ideas (200-220 range) a little longer. Though its still possible we can retrace back down from this current area. BUT Some bullish signs exist, therefore in my opinion we are Bullish until Proven Otherwise.
Jumping in, our current move is fueled by our Major bounce from a Critical Confluence of Supports.
We have the RED ZONE
We have the Black trendline
We have the 50 SMA
We are also ABOVE the 21 EMA, which when support is Confirmed it indicated UPTRENDS. As long as we respect the 21 EMA and stay above it.
Volume is picking up as well. WHich is also indicative of the current move. To break ABOVE resistance lines, we need to continue to see VOLUME increase.
MACD is also showing signs of waning Bearish Momentum, with Light Red histobar prints and flattening of the Blue line.
We need to avoid printing a Dark Red Bar. Instead see print of Green bars with a Bullish Cross.
RSI is also getting close to testing the Black moving average i have added. The way i use this is: Usually if RSI is ABOVE the Moving AVerage, it signifies UPtrends.
But do note: This current candle closes on the 8th of September.
And note that we are hitting some Major Resistance Area. There is always a risk of sell off. BUt as long as we continue the current trends in volume, stay above the moving averages, and maintain patterns in indicators Uptrend will continue.
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Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on TSLA in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
Teslaanalysis
Concerns over Tesla's Volume and Margins DropConcerns over Tesla's Volume and Margins Drop: Can the Cybertruck Compensate for Losses?
As you may already be aware, Tesla has experienced a noticeable drop in both its volume and margins in recent times. This decline has raised questions regarding the company's ability to sustain its profitability and meet investor expectations. While Tesla has been a frontrunner in the electric vehicle market, this recent downturn has given rise to uncertainties about the company's financial stability.
In light of these concerns, it is crucial to evaluate the potential impact of Tesla's upcoming product, the Cybertruck. With its futuristic design and promising features, the Cybertruck has garnered significant attention and anticipation from both enthusiasts and investors alike. Tesla has positioned this groundbreaking vehicle as a potential game-changer, capable of revolutionizing the pickup truck market.
Given the current circumstances, it is plausible to consider whether the Cybertruck can compensate for the losses incurred by Tesla's declining volume and margins. The success of this highly-anticipated product could potentially help restore investor confidence and provide a much-needed boost to the company's financial performance.
However, it is important to approach this situation with caution. While the Cybertruck holds significant potential, it is vital to remain objective and critically analyze the possible outcomes. As a result, I would like to encourage you to consider a temporary short position on Tesla (TSLA). By doing so, we can potentially capitalize on the current market sentiment and potential risks associated with Tesla's performance.
Please note that shorting TSLA should only be undertaken after conducting thorough research and analysis, as it carries its own inherent risks. It is essential to consult with your financial advisor or conduct your own due diligence before making any investment decisions.
As fellow traders, it is our responsibility to stay informed, remain vigilant, and adapt our strategies accordingly. By actively monitoring and discussing these developments, we can collectively navigate the ever-changing landscape of the stock market.
Long DCFC - Tritium AgainHad a long a few weeks ago at around $1 that got stopped out. Relooking at it here and have been building a long last 2 days, ave price .$70. Real company apparently doing real stuff. Not advise, good luck.
#TSLA LONGTERM TRADE IDEA SETUPGreetings Folks,
today i have prepared a setup of TSLA on NASDAQ
the analysis is as follows
- the price is following a popular triangle pattern
- i am neither bullish or bearish right now, the market structure is choppy
- have mentioned 2 outcomes in the chart
dont play with fire, always use a predefined stoploss
Tesla 12/10 MovePair : TESLA
Description :
After Corrective Waves " abc " it has Completed Impulsive Waves " 1234 ". Symmetrical Triangle as an Corrective Pattern in Short Time Frame. Impulse Correction Impulse with Divergence
Entry Precautions :
Wait Until it Breaks the Upper or Lower Trend Line and Retest
Tesla (TSLA) -> 300% Is The GoalMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Tesla.
With the Covid19 Crash in March of 2020 Tesla stock perfectly entered a solid rising channel and and pumped more than 1000% towards the upside before retracing 70%.
Following this bullish trajectory I do expect another short term pullback to retest the $200 level before we could see a pump at least back to the previous all time high at $400.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
Tesla -> Will Hisory Repeat ItselfMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️
I am trading the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Tesla.
All the way back in 2020 Tesla stock broke out of a monthly triangle formation and pumped more than 1.500% towards the upside. You can see that at the moment Tesla stock is once again creating a monthly triangle formation and there might be another breakout coming soon.
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When the market moves where, and how, and if - these are all unknown.
The only thing which you can control is your risk.
- Philip Basic Trading -
Keep the long term vision🫡
Analyzing RIVN's Outperformance Over TSLA Amidst Cash BurnToday, I would like to draw your attention to an intriguing market trend that has caught the attention of many investors - the outperformance of RIVN stock compared to TSLA, despite RIVN's ongoing cash burn. While this phenomenon may raise eyebrows, it is essential to approach it with a cautious and analytical mindset. Let's delve into the reasons behind this unexpected market behavior and explore why some investors are considering a long position on RIVN.
1. Dissecting RIVN's Outperformance:
a) Market Sentiment: Investors are drawn to RIVN's potential as a disruptor in the EV industry, which has fueled a positive market sentiment.
b) Growth Prospects: RIVN's innovative technologies, such as its autonomous driving capabilities and unique battery technology, have garnered attention for their potential to revolutionize the EV market.
c) Competitive Advantage: RIVN's focus on the luxury EV segment, along with its strong brand image, has positioned the company as a formidable competitor to TSLA.
1. Understanding RIVN's Cash Burn
2. A Cautious Call-to-Action
a) In-depth Research: Dive into RIVN's financial reports, growth projections, and competitive landscape to gain a comprehensive understanding of the company's position.
b) Risk Assessment: Evaluate the risks associated with RIVN's cash burn and weigh them against the potential rewards of its growth prospects.
c) Diversification: Ensure that any investment in RIVN aligns with your overall investment strategy and risk tolerance. Diversify your portfolio to mitigate potential risks.
d) Expert Opinions: Seek insights from trusted financial advisors or industry experts who can provide informed opinions on RIVN's prospects.
In conclusion, RIVN's outperformance over TSLA, despite its cash burn, has sparked interest among investors. However, it is vital to approach this opportunity with caution and conduct thorough research before making any investment decisions.
Remember, the stock market is inherently unpredictable, and it is crucial to make informed choices based on a well-rounded analysis of the available information.
TSLA in Early Talks with Saudi Arabia to Open EV FactoryBrace yourselves, because Tesla (TSLA) is in early discussions with none other than Saudi Arabia to establish a groundbreaking electric vehicle (EV) factory. This announcement has sent shockwaves through the market, and I couldn't be more excited to share the potential it holds for all of us.
Imagine the possibilities! Tesla, the trailblazer in the EV industry, joining forces with one of the world's most influential nations. This collaboration has the potential to reshape the future of transportation and solidify Tesla's position as the undisputed leader in the EV market.
The Saudi Arabian government, recognizing the immense potential of electric vehicles, is keen to invest in this transformative technology. They understand that Tesla's visionary approach and groundbreaking innovations have revolutionized the automobile industry, and they want to be a part of this remarkable journey. This early-stage discussion indicates a strong commitment from both parties to drive sustainable mobility forward.
Now, let's talk about the enormous opportunities this collaboration presents for us as traders. The potential establishment of an EV factory in Saudi Arabia could translate into a significant boost in production capacity for Tesla, enabling it to meet the ever-growing global demand for electric vehicles. This expansion would undoubtedly lead to increased revenue and, consequently, a potential surge in TSLA stock value.
So, where does this leave us? It's time to seize this moment and consider a long position on TSLA. With the early talks between Tesla and Saudi Arabia underway, we have a unique chance to ride the wave of optimism and reap the rewards of this potentially game-changing partnership.
In light of this exciting news, I urge you to conduct your due diligence and analyze the potential impact this collaboration could have on Tesla's market position and stock performance. Keep a close eye on any further developments and market indicators that could influence TSLA's trajectory.
Remember, successful traders are always alert to emerging opportunities, and this collaboration between Tesla and Saudi Arabia has the potential to be a game-changer. Don't miss out on the chance to be part of this electrifying journey!
Stay tuned for more updates, and let's ride the wave of innovation together!
www.wsj.com
10% Gain Predicted on TESLAWe have reached equality of potential iii vs. i and we are close to the 61.8% retracement of the previous downmove. As we could still fall back lower I am considering closing my longs that I originally opened when I first shared my previous forecast on TSLA(find the link attached)
If you enjoy the content please leave a like and drop a comment. Feel free to ask questions!
Trade safe.
Tesla has never been so simple Tesla's trajectory is remarkably aligned with specific Fibonacci levels. A straightforward yet potentially effective strategy emerges: A decisive breach beyond 240 would pave the way for an upward progression towards 264. Conversely, a breach below 240 would likely trigger a descent towards 210. Be patient and act accordingly.
Tesla: Low in Place?I have been anticipating this pullback for a while now. Looking upside confirmation, even if we already have some interesting signals that could identify the resumption of the uptrend.
If you enjoy my work please comment down below and leave a like.
Feel free to ask questions,
Trade safe!
Long DCFCLong DCFC last few days, average price around $1.00. Pretty heavy. Chart is beautiful.....massive H and S reversal pattern. If Daily closes like this epic hammer candle. Electric vehicle narrative only going to heat up. TP is retirement (just kidding lol). Not advise, good luck.
Tesla's stock has plummeted and broken the limit Tesla's stock has plummeted and broken the limit
This chart shows the weekly level candle chart of Tesla stock in the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, Tesla's stock has plummeted and broken the limit for three consecutive weeks, falling below the 2.000 level of the top to bottom golden section in the figure, and is about to hit the strong support of 2.382 level! For a period of time in the future, Tesla's stock will be judged by the top to bottom golden split of 2.382 ($185.2) as the long short divide, with a strong range above it and a weak range below it!
$TSLA -The Best to Ever Race (Supports) -Taking in to consideration an investor's POV of positioning,
aswell the point of view of Swing Trader who like to keep positions opened.
You should know that NASDAQ:TSLA is not out of the woods yet !
Here the Strong Zones of Supports to provide you with discounted Buys and high probable long opportunity outcomes for Swing Traders
TA speaking;
-First Support push occurred today at the previous High, a key level (dashed white line)
-Support Trendline should play a key role on maintaining the price to proceed
heading lower in to South direction at S/R and 166.7$ marked key level.
These Support are very great Buying Zones for investors and as-well market speculators
so called traders.
Losing these support, would put NASDAQ:TSLA on a huge pressure position despite stock's share
price decline.
TRADE SAFE
*** Note that this is not Financial Advice !
Please do your own research and consult your own Financial Advisor
before partaking on any Trading Activity based Solely on this Idea.
Does Tesla Lowering Car Prices Concern Among Traders?Introduction:
In recent news, Tesla, the renowned electric vehicle manufacturer, has made headlines again by announcing a significant reduction in the prices of their car models. While this move may seem appealing to consumers, it raises concerns within the trading community regarding the potential implications for Tesla's stock value. In this article, we will explore the reasons behind Tesla's decision, examine the potential impact on the car market demand, and discuss a call-to-action for traders considering shorting TSLA amidst this situation.
Understanding Tesla's Price Reduction Strategy:
Tesla's decision to lower car model prices can be attributed to several factors. Firstly, as the electric vehicle market becomes increasingly competitive, Tesla aims to maintain its market share and attract new customers by offering more affordable options. Secondly, the company's ongoing efforts to streamline production and reduce manufacturing costs have allowed them to pass on these savings to consumers. Lastly, Tesla's long-term vision of revolutionizing sustainable transportation involves achieving economies of scale, which can be facilitated by lowering prices and increasing sales volume.
Potential Impact on Car Market Demand:
While lower prices may initially spark interest and boost sales, considering the broader implications for the car market demand is crucial. As Tesla reduces its car model prices, other manufacturers may be compelled to follow suit, leading to a potential price war. This scenario could decrease profit margins across the industry and impact the overall demand for electric vehicles. Moreover, with the global economic uncertainty caused by the ongoing pandemic, consumer spending patterns may be more cautious, further dampening the demand for higher-priced electric vehicles.
Call-to-Action: Shorting TSLA Amidst Dropping Car Market Demand
Traders, it is essential to closely monitor the evolving situation in the car market and consider the potential impact on Tesla's stock value. As the demand for cars, especially higher-priced electric vehicles, faces potential challenges, shorting TSLA could be a prudent strategy. By shorting TSLA, traders can profit from the anticipated decline in Tesla's stock value.
However, exercising caution and conducting thorough research is crucial before making any investment decisions. Analyze Tesla's financials, monitor market trends, and stay updated with the latest electric vehicle industry news. Remember, shorting a stock involves risks, and it is advisable to consult with a financial advisor or professional trader to determine the best course of action based on your individual risk tolerance and investment goals.
Conclusion:
As Tesla lowers car model prices, it is natural for traders to express concern about the potential impact on the company's stock value. By closely monitoring the evolving car market demand and considering shorting TSLA as a possible strategy, traders can capitalize on the anticipated decline in Tesla's stock value. However, it is crucial to approach this decision with caution and seek professional guidance to mitigate risks and make informed investment choices.
Tesla Pullback Targets + Major Bull Signal NearingHi Guys! This is a Technical Analysis on Tesla (TSLA) on the 3 Day Timeframe.
So we are continuing the move on Target from our Rejection, our Downtrend held by the Resistance Trend Line.
A break and confirm above the Resistance Trend Line will indicate a "Trend Change".
Till then we are being pushed DOWN in track on hitting our Targets:
1. 0.618 FIB level, around $224
2. Blue Moving Average, the 100 SMA
3. Green Moving Average, the 50 SMA
4. 0.5 FIB level, around $200
Our 1st target is the 0.618 FIB level, but notice how the 100 SMA is hovering just below it. So its likely that we test both.
So the natural order of things is that when Price moves above a Moving Average, we need to test it as SUPPORT before moving higher. So this is why i believe we test both 0.618 level and 100 SMA, since we have not yet tested SUPPORT.
Watch how we interact with this moving average.
Depending on when momentum comes in (indicated by indicators), we may have a strong bounce here due to convergence of 100 SMA & 0.618 FIB and continue upwards.
For this reason, this would be my 1st BUY ZONE.
Also Note the 50 SMA:
We are currently curved upwards, indicating further movement UP. So this line is continuosly changing. Since currently its ABOVE 0.5 FIB level, this area would be my 3rd target to watch.
If we end up breaking the 50 SMA, we may go to the 0.5 FIB level. But for now its less probable.
A Major event is also nearing. The 50 SMA/ 100 SMA GOLDEN CROSS.
Notice on your own charts, how everytime this occurs, TSLA explodes in price.
This cross may also prevent TSLA from reaching the 0.5 FIB level.
We would need to keep an eye out on the Macro timeframes for further specifics as well.
To get details on the Momentum lets look at the MACD.
We have recently crossed BEARISH on the MACD. With increasing size and number of RED histogram bars.
We need to see lighter colored RED bars. Eventually seeing GREEN bars for momentum to change BULLISH.
Also NOTE -> I'd prefer the BLue/Orange lines stay ABOVE the 0 level, indicating the continuation of the overall BULL trend in TSLA.
The STOCH RSI -> Also a momentum indicator. We have moved below the 20 level. It's crucial to watch out for the BULLISH cross (Blue line over Orange line) back above the 20 level. This will indicate injection of momentum back into TSLA.
The RSI -> Notice our current pattern where the Orange line has CROSSED below the Black line. Normally this indicates Price Declines.
So watch where the downward curve of the Black Line and downtrend of Orange line stops
Look for a Bullish cross of Orange line getting ABOVE Black line.
And just to give perspective, the Price we are at right now while i post this idea. We are 20% cheaper from th current highs.
TSLA has out performed many stocks in 2023. So this pullback presents great opportunity. Continue to watch these levels. Take action accordingly.
__________________________________________________________________________________
Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
***Read my Previous Analysis BELOW From 08/03/23 For More Context!
Stay tuned for more updates on TSLA in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.