Tesla Motors (TSLA)
Analyzing NVDA's Breakout Patterns and Strategic Trading InsightDuring the last breakout, NVIDIA (NVDA) surged by 300 points before experiencing a sharp decline of 134 points within two days. This current situation bears a striking resemblance to the previous occurrence. Reaching 1282 would position NVDA as the most valuable company globally, contingent upon Microsoft's valuation. I possess additional market capitalization levels for comparison with Microsoft. I anticipate NVDA's final ascent towards becoming the world's most valuable company, followed by a significant pullback.
This scenario echoes Tesla's (TSLA) behavior when it announced its first stock split: a substantial run-up leading into the split date, followed by a rapid 30%+ decline over a few days.
Currently, I hold long call options for the upcoming day. I purchased 1200C on Monday, sold the majority, and retained one position overnight. My plan is to transition to put options when NVDA reaches the 1282-1300 level.
Trade Idea: 1200P 6/14 at 1282.
Musk Prioritizes Other Ventures Over TeslaMusk Prioritizes Other Ventures Over Tesla: AI Chips Diverted to X and xAI
A recent leak from internal Nvidia emails obtained by CNBC has raised questions about Elon Musk's leadership of Tesla. The emails reportedly show Musk directing the chipmaker to prioritize shipments of thousands of artificial intelligence (AI) processors originally reserved for Tesla to two of his other companies, X and xAI. This move has caused delays in Tesla's receipt of these crucial components, potentially impacting the company's AI development goals.
This news comes amidst Musk's ambitious push to establish Tesla as a leader in the AI and robotics space. Tesla has significantly increased its purchases of Nvidia's flagship AI chip, the H100, aiming to grow its active chip count from 35,000 to 85,000 by the end of 2 024. To support this growth, Tesla reportedly allocated a significant portion of its budget to AI training and inference, estimated at $10 billion for the year.
Diverting these chips to X and xAI throws a wrench into Tesla's plans. The delay in receiving over $500 million worth of processors could potentially slow down Tesla's AI development initiatives. This raises concerns about potential conflicts of interest and the prioritization of Musk's various ventures.
Here's a deeper dive into the implications of this situation:
• Impact on Tesla's AI Development: The delayed arrival of AI chips could hinder Tesla's progress in areas like autonomous driving and other AI-powered features planned for its vehicles. This could lead to delays in the rollout of new features or impact the performance of existing ones.
• Investor Confidence: Tesla's investors might be wary of Musk's leadership if they perceive a lack of focus on Tesla's core business. Diverting resources to other ventures could raise questions about his commitment to Tesla's success.
• Conflict of Interest: Some may question the ethical implications of a CEO prioritizing chip allocation for his other companies over the one he leads. This could raise concerns about Musk's use of his position for personal gain.
• Transparency and Communication: The lack of transparency surrounding the chip allocation decision could further erode investor confidence. Tesla shareholders deserve clear communication regarding the rationale behind this move.
While the exact purpose of X and xAI remains unclear, some speculate these companies might be involved in ventures related to Neuralink, another of Musk's ventures focused on brain-computer interfaces.
The situation warrants further investigation. Here are some key questions that need answers:
• Justification for Chip Diversion: What is the rationale behind prioritizing X and xAI over Tesla for these crucial AI chips?
• Impact on Tesla's Roadmap: How will the delay in receiving the chips affect Tesla's AI development roadmap and the rollout of new features?
• Disclosure and Transparency: Were Tesla shareholders made aware of the potential delays caused by chip allocation to other companies?
Only time will tell how this situation unfolds. However, one thing is clear: the decision to divert AI chips away from Tesla has raised serious concerns that demand proper explanation and a commitment to Tesla's continued success in the AI race.
$EA Going to tank within the next 6-18 monthsAsAs I continue to study the market, I can't help but notice so many stocks are in outrageous ATH Levels, in such a way that I can't help but believe the market will undergo a Price Correction that will in fact catch many off guard. Who am I to say though? Just an average man with an average brain. As far as levels, If we cannot hold above May Highs, Price should retreat to below May Lows. This could be a once in a lifetime opportunity to grab long puts , Leap puts are extremely safe here imo. Good Luck.
Elon Musk Faces $7.5B Insider Trading Allegation From Tesla SharTesla ( NASDAQ:TSLA ) CEO Elon Musk has been accused of insider trading after selling shares worth over $7.5 billion in the last two months of 2022. The lawsuit, filed by shareholder Michael Perry in the Delaware Chancery Court, claims that Musk sold a total of over $7.5 billion worth of Tesla ( NASDAQ:TSLA ) shares in late 2022 before the disclosure of disappointing fourth-quarter production and delivery numbers. Perry alleges that Musk, using his access to real-time data, was aware of the lower-than-expected numbers when he sold shares worth $3.95 billion in November 2022 and $3.58 billion in December 2022. Tesla's stock ( NASDAQ:TSLA ) fell to $108.10 on January 3, down from the $123.18 it closed on December 30, and the lawsuit pegged Musk's "insider profits" for the aforementioned share sales at about $3 billion. The lawsuit also accuses then-Tesla directors of breach of fiduciary duty of loyalty for allowing Musk's sales and is seeking a directive from the court that all profits obtained from these share sales be returned.
The lawsuit is the latest of legal hurdles for the EV giant, as Musk's 2018 pay package, worth $56 billion at the time of award, was rescinded by a Delaware court earlier this year. Tesla's board is trying to have it reinstated by a shareholder vote again in June.
Tesla stock ( NASDAQ:TSLA ) closed Friday's trading session down 0.4% with a Relative Strength Index (RSI) of 52.21 which is moderate. Tesla is in a consolidation zone for the past 3 weeks.
$TSLA Might be About to Make a Big MoveTSLA has been compressing into a multi-year squeeze on the charts.
Whether it's the global economy going into a rough patch, the uncertainty of the 2024 US presidential election, or multiple wars happening in the East there seem to be a lot of potential market forces possibly pushing high multiple stocks down for the near future.
But Tesla as a company is on track for 50% YoY growth, completely dominating the global EV market while traditional OEMs pull back their EV efforts, Chinese OEMs struggle with margins, and other pure EV companies struggle to turn a profit at all.
Personally, I think TSLA will have a rough winter as the market hedges their bets on a market level, after which it will be primed for a huge upward breakthrough once the dust settles on the other side.
TSLA (Tesla) Technical Analysis and Trade Idea Upon analyzing TSLA (Tesla), we can see that it has been in a sustained downward trend. Notably, price has entered a critical support zone, exhibiting a double bottom pattern on the chart. Additionally, there has been a downward move beneath this double bottom, tapping into liquidity.
Given the significance of this support zone, I anticipate a reaction, potentially leading to a substantial retracement. Another noteworthy aspect is the imbalance above the current price range, which could serve as a target. Furthermore, I acknowledge the influence of seasonality in stock markets, a topic I delve into within the accompanying video. In the video, we explore trends, price action, market structure, and other essential elements of technical analysis.
TSLA (TESLA) falling continue. Target 150.Hi friend. So we have bears accumulation channel "1" between 166.4 - 186.5. I think in next few weeks price will fall to 150. On a road price have two transit levels 166.4 and 158.7 (there can be correction). Volume analysis based on my author indicators. Levels thanks to X-Lines script.
Follow me;)
TSLL is Telsa with a boost of steroids LONGTSLL is an ETF of TESLA instruments leveraged 50% - while TSLA has its own range
percent from its volatility TSLL does this even more at a lower per share price.
On the 4H chart, TSLL can be seen pivoting down in a VWAP breakdown from a high
about July 19th. It is now in deep oversold territory supported by the redline of the
second standard deviation line below the thick black mean VWAP. On the ZL-MACD,
the cross under the histogram and the ascent of the lines toward the zero line shows
in my opinion bullish disvergence. Upside to the target just below the POC line of
the volume profile is about 15%. I will go long taking call options as :
1. contracts striking $ 16.00 for an expiration of 8/25 and,
2. contracts striking $ 17.00 for an expiration of 9/1.
I am anticipating overall profits of 100% as a goal in this trade. I avoid time decay
and in risk management I will close a position when it hits 100% or not less than
two days before the expiration. Good luck on this trade if you take it. DYODD !
🔴 TSLA : BIG Fall Ahead ? (READ THE CAPTION)By diving into the #Tesla stock chart, we can observe that the price has reached a critical supply zone. The pattern emerging on the chart suggests that a significant downturn in Tesla's stock could be imminent. However, keep an eye on the crucial resistance at $199—if the price breaks and holds above this level, it would invalidate this bearish outlook. Should the decline unfold as expected, we are looking at potential targets of $168, $139, and $119. Stay tuned for updates as the situation evolves!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Dell Technologies boosts outlook with Tesla partnershipDell Technologies Inc. has seen a significant uptick in its market valuation following an upgrade by Evercore ISI, which raised its target price for Dell shares from 140 USD to 165 USD. This positive re-evaluation stems from Tesla’s decision to source most of its artificial intelligence server capacity from Dell Technologies. This partnership positions Dell advantageously within the rapidly growing AI sector, which is expected to expand as AI tools become increasingly integral to various industries.
Through its collaboration with Tesla, a leader in the electric vehicle industry, Dell not only penetrates the competitive AI technology market but also sets a precedent that could attract additional partnerships with other automakers.
Given this backdrop, let’s examine the potential trading opportunities for Dell Technologies Inc. (NYSE: DELL):
On the Daily (D1) timeframe, Dell’s stock has recently surpassed the resistance level at 150.30 USD, establishing support at 145.00 USD. The stock is in a stable uptrend, indicating the possibility of reaching new price highs. If there is a trend reversal, a potential downside target could be 130.05 USD.
The continuation of the uptrend offers a short-term target of 165.00 USD upon a rebound from the existing resistance. For a medium-term investment strategy, the stock price might ascend to 170.00 USD if the positive momentum is sustained.
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Members Daily Analysis - May 22 2024Markets Sold off: IWM (Small caps) underperformed.
Most commodities hit on the downside: Gold, Silver, Copper, Oil
Natural Gas surging & squeezing
NVDA pumping on earnings: Our SOXL calls will print.
SemiConductors i'll be trading tomorrow. NASDAQ:ON , NASDAQ:SMCI , NASDAQ:ARM
TESLA My Opinion! SELL!
My dear followers,
This is my opinion on the TESLA next move:
The asset is approaching an important pivot point 177.57
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 174.77
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Tesla's kangaroo still hopping. 20/May/24TSLA kangaroo still boxing/ hopping inside the ring (triangle) since end of 2021. Strong support if there was a pullback toward 186 +/-. Which is confluence zone of 1) POC of Volume Profile (red horizontal line) 2) 233 weekly EMA (white MA Line) 3) Pitchfork lower channel (blue).
TSLA LONG - May 24 (MATREND v1.6)v1.6
Calibrated entry specs, to slightly loosen up the Stoploss
atr_x = 2.5
entry_atr_xfactor = 3.7
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This is a simple systematic Trend strategy where entry is based on two conditions
1. Price crossing over the EMA
2. The present ATR is less than an ATR multiple
The ATR condition allows us to enter trades that has not gapped too much as that usually results in a price pullback
Risk
Fixed & tight SL based on ATR multiples closes trades fast
Closing of the trades is a simple price cross over the daily SMA
This strategy only has a 34.38% win rate. So most trades will end up as losers until we hit a strong upswing.