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Teslalong

Tesla! 420 next year?Hi guys, Tesla just came down to long term support and held, and then came up and reject resistance so it looks as if we are in the same range as from 14-16. We are currently sitting in the middle of the range, I believe that the next big break will set the trend for the next 6-12 months. Fundamentals: For Tesla to succeed and see enormous growth they need to achieve full self-driving, I think they are still a few years away. The second thing is battery production and having access to the largest EV market which is China. This is coming with the gigafactory being built this year. Overall I am bullish on innovation so I'm bullish on Tesla, this doesn't mean we can't lose support and test lower :).
NASDAQ:TSLALong
by MaxxCharts
3
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. . 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.
NASDAQ:TSLA
by EuroMotif
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 !
NASDAQ:TSLALong
by SebastianofMoon
17
Tesla Rare Buying OpportunityIn this monthly chart of Tesla you can see that we've reached a supporting trendline that goes back to May 2014. I believe the fundamentals of Tesla are stronger than they were in 2014 so I expect the trendline to hold, but if it doesn't, I have a stop loss prepared right below the 50% retracement level. The first conservative area for taking profit gives us a risk reward of 4x. For the more aggressive investor, you can use the upper-most trendline which would give you a risk reward of 8x or greater. Please see my previous TSLA idea to see how well my last TSLA prediction worked out. To be clear, I'm not sure if this trade is going to work nor do I assume any trade will work, the important thing here is the risk reward.
NASDAQ:TSLALong
by ttrending
2
$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
NASDAQ:TSLALong
by UnknownUnicorn3848732
TESLA (TSLA) WEEKLY TIMEFRAME LONGThe price chart for Tesla seems to be stuck in a range ever since price broke the 275.74 level, which had previously acted as resistance and now is support. The current resistance is at the 370.63 level and history shows that whenever price gets stuck in a loop (range), the support normally holds at least for three touches. Hence, now price has actually bounced off the 275.74 support level and we expect it to creep towards the 370.63 resistance level before we can see if the level holds or price breaks through and continues on a bull run. A trendline on the weekly timeframe also confirms the bullish momentum, as prices have already tested it four times, giving a pretty clear confirmation that the trendline holds. For those traders who might have missed this trade, a good place to enter a trade would be on the breakout of the counter-trendline which can be drawn on the lower highs on the daily timeframe. We just hope that Elon Musk is not caught smoking a joint again or rambling nonsense on Twitter.
NASDAQ:TSLALong
by munyaelliott
Tesla TSLA american stock buy opportunities off weekly demandTesla TSLA american stock buy opportunities with weekly demand zone at $260 per share is in control. Very sharp reaction this week on Tesla stock, price kissed weekly demand imbalance and rallying strongly, almost $20 this week. As supply and demand traders, we do not need to pay attention to the news, fundamentals or any earnings reports. Once a big timeframe imbalance has gained control, earnings do just the opposite and reacts strongly to those imbalances. Why is it that you see positive earnings and then the underlying stock drops like a rock, or a negative earnings announcement and the stock rallies like a rocket out of control? You are probably missing the fact that there are big imbalances gaining control.On Tesla american stock we had earnings last 30th January 2019, it was 25.41% worst than expected, 0.78 over estimated 1.05. What happened after a few days, price dropped to weekly demand level at $260 and rallying strongly. Earnings? What for? Unless you are doing very short term trading and scalping, you should not worry about fundamentals or earnings announcements.You can use these imbalances to plan your trades in lower timeframes. There are several ways of buying stocks. When trading stocks, you can buy shares of the underlying stock or use options strategies to go long or short at these specific supply and demand levels, long calls or long puts or spreads.
NASDAQ:TSLALong
by AlfonsoMoreno
Tesla Monthly TrendsIMO , Tesla's has a nice support area from the 270$ to the 250$ price level. Those trend lines were tested multiple time on the monthly timeframe + psychological level of 250$. Earnings are coming up in less than 2 months, the downtrend we are currently seeing might be the market pricing in that it won't be profitable. If the purple trend doesn't hold at the end of the month, a good entry could be around the middle blue descending trend. I'm not following the narrative around Tesla a lot, but from a monthly trend perspective, it seems to be respecting those trends so far. Also, it's always good to pay attention to the general market and other indicators. This is a really general trend, and a lot can happen in a monthly candle.
NASDAQ:TSLALong
by The_Agent_K