🤣 Yo! Elon! Whatchu Wanna Do? (TSLA)💰 LET'S GET INTO SOME TESLA ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
- Most of the market is bleeding currently. Zoning in on a 2 day chart for tesla entry.
- Look for the compression on the Crossover strategy and align the red ema dots for a long term play.
- No confirmation just yet.
Best of luck to you and all of your trades this week! 🤜
Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
Teslalong
🤔 Compression Shows signs Of Potential Tesla Selloff. (TSLA)💰 LET'S GET INTO SOME TESLA ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🤷♂️ Neutral
- We are seeing 2 compression candles known as dojis relativity towards the top of previous Resistance. This is where we would like to look for distribution. We do not have 100% Crossover confirmation on the Crossover strategy. It's not a confirmed play just yet. Need a little more time.
- Only 1/3 ema dots are firing red as of now. This also does not show a trade confirmation.
- We are playing in a nice size range, if we get a Crossover and selloff we could play a short for up to 10% for a potential test on support. If we were to collapse and break old support, chances are that this break to the upside was just a fakeout.
Thanks for checking out our analysis! ✌😁✌
🥇MLT | MAJOR LEAGUE TRADER
💥 The Highs Are On High Alert! (TSLA)🤔 Just looked at amazon, facebook and now tesla all show correlation to testing the highs.
Look for it to play the red upward support and squeeze in the compression point. Break below look for a short back down. I think we are still evaluating if the breakout at 902 to the new highs is a fakeout or going to see if support can hold. You see that we did drop all the way back down but bounced right back up off that old major Resistance level.
The larger timeframe like the daily and 3 day are still green so I don't have that long term confirmation yet.
My main concern is how I'm seeing the Resistance levels across the board be tested right now.
Have an awesome trading day and weekend. ❤❤
🥇MLT | MAJOR LEAGUE TRADER
Tesla Searching For Support. (TSLA)🚨 Very critical price action move for the next big tesla play.
We did get our breakout to attempt to push up, but fakeouts can happen.
You're going to look for 926-930 to test for support. We are pretty much testing it now!
If this was a fakeout expect a big selloff. You can play aggressive here if you wanted to catch this as a level support only if the Crossover strategy plays and the ema dots line up for a curl back up. Otherwise for a longterm position you will want to look for 1024 to breach to shoot for a new bull trend.
Good luck! 🎲🎲
🥇MLT | MAJOR LEAGUE TRADER
Told You Play $910 Level, Look What Happened. (TSLA)June 7th , we approached a very key level of $910 and I alerted you to play this edge on breakout. Now Tesla has printed around a %12 gain in just 3 days! 💰💰 Congratulations if you played it.
All indicators from the ema dots to the Crossover strategy candles showing strong green pressure.
Best of luck,
🥇MLT | PRO TRADERS
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 (TSLA) to trade at 1,426 $Big bullish call on Tesla. OVS squeeze pattern on the 4HR timeframe giving us a projected price of 1,426 $ for Tesla before the end of July. Our entery was at 816.35 $ with a SL at 798.60 $
First projected target is around 894 $ and we expect the market to 'stall' and take a little break there before moving on the the second projected key level at around 995 $ before we expect a little further 'rest' and a pullback before heading on to our full target price of 1,426 $ for a R/R ratio of 33.8/1.
This comes quite a bit later then when we entered a trade, but better late then never.
If you have questions on what the OVS is and how it is traded feel free to post your questions.
Remember; Trade smart & Trade safe
What is Tesla Waiting for?A few days ago I mentioned that I exited my Tesla position. My reasoning was somewhat based on what I went over yesterday. That there was a historic divergence taking place within the markets. The second is based on how price looks. As a trader I have come to realize that price is king above all indicators. No matter how positive indicators may look, if price is showing signs of breaking down why risk it? Same goes to assets that look bullish at the lows. Remember, normally indicators are lagging price.
Currently, that is how I am feeling with Tesla. In fact as I write this, the indicators are beginning to catch up to my sentiment on Monday. Let's take a look at some Tesla, Inc. (TSLA) charts.
Once Upon a Time
Once upon a time TSLA was a leader off the March lows. If you check the chart below, you will notice that TSLA actually bottomed out before the Nasdaq-100 ETF QQQ did. I am comparing the charts to further put into perspective how divergent the Nasdaq-100 truly is even compared to the most talked about stock by the public. Perhaps there are too many people on one side of the trade?
Another way at looking at this chart is in relation to time and destination. The stock markets tend to move together on average. I say on average because stocks do not move together all at once. Some stocks peak before other do but that does not mean the index (the average) peaks. Tesla, may have peaked and other stocks are supporting the index make new highs.
On the chart above I compare the CMF and MACD. Both of which looked a lot better earlier this week. Both indicators are confirming my sentiment, slowly trending lower as price grinds sideways. Not shown here are the 10 EMA and 20 SMA. Both of which are still supporting price. Quite frankly, that is the only bullish thing about the TSLA chart. I have one more chart below to show how perhaps the market is getting closer to a top.
The S&P 500 ETF SPY chart above illustrates the divergence within the market. Note the declining CMF and divergence on MACD as price makes a new high. Bull strength is waning. For TSLA, unfortunately...$1000 may have to wait. Bias: Bearish .
Talk of S&P 500 inclusion
As you all are aware there has been talks of TSLA being including into the S&P 500. This would surely be quiet the accomplishment for Mr. Musk and company. Though, in order for inclusion TSLA needs to be profitable in Q2. If TSLA dips I'll be buying heading into next earnings season as there will be plenty of hype heading into it.
Until next time. Happy trading!
Tesla Climbs The Highside. (TSLA)Symbol: TSLA
Massive size swings with the wild beast Tesla.
Late 2019 and 2020 have been a crazy ride from lows of $340 to the $905 range to only follow up with a drop to the mid 300s.
This one has the Volatility that you need as a trader. Awesome stock.
The breakout was around the $500 mark where the Crossover has been green since and with a fakeout to the downside 6 days ago.
As we approach and test these highs it's quite simple to understand that the 905.72 level is Resistance and we must break out. A break on 842.77 could be a nice breakout to play for a move up to the 905.72, than the test.
As we approach these levels we will pay close attention to the Crossover strategy for a signal of weakness to fire short.
If we fail to breach up, I than think a short to 672.64 for a test as support than a break down I think we go to 540.54.
Very high Volatility and lots of opportunity with tesla.
I will stay updated on this post for further tesla updates below.
Have an awesome trading week! ✌😁✌
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.
$TSLA : This Is An Update From My Previous PostI originally made my initial publish on this website on the 13th of April.
This publish is just a magnified look at that one.
As you can see, the theory is holding pretty fair right now.
Earnings still seem to be expected between the 22nd, and the 29th. Most seemingly expect it on the 22th.
I believe as long as many maintain the belief that earnings will be on the 22nd, there will be continued strong resistance at around $750.
There is mounting evidence that PUT options have and continue to increase on $TSLA, so i don't see it break that $750 threshold.
In my opinion, i'm not looking to short until it goes below $700. At that point i will inspect how it moves from there and holds to the resistance of $700. If it continues at or about that range, the longer it does, the more confident I will be to short it after the 22nd.
However, if it falls below $680, i don't see BULLS regaining control, in fact, most should be struck with fear and sell out to maximize profits. They wouldn't want to get caught in that free fall. After that free fall I'm looking to buy long term (depending on where I have 3 possible support zones) between the ranges of $415 and $350. I don't expect it to go lower than $350 with Tesla being a leader in its industry.
Please like and let me know what you guys think.
Again this is an update to my last publish, for more information please review my previous posts. I do not give away my personal signals.