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Teslaanalysis

Analysis on Tesla Stock RallyMany people are looking at Tesla's stock currently because from March till now, within a period of 4 months, it went up approximately 5x which is rarely seen in the stock market. Tesla is a huge company but it has never yet made profits for four quarters in a row, and thus isn’t eligible for inclusion in the S&P 500, the world’s most tracked index. If it manages to show a profit for the second quarter, then it will have passed that threshold, and the committee that oversees the S&P 500 would probably add it to the index sooner rather than later. Tesla's market cap is currently at $275 billion. With only having less than 10% of Toyota's revenue, Tesla market cap is currently approx $50 billion higher than Toyota's. I feel Tesla is probably overvalued now and is primed for a crash soon. Think it will hit support at around $1,000 price point.
NASDAQ:TSLAShort
by Trader_hao
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
NASDAQ:TSLA
by UnknownUnicorn2319099
35
TESLA Analysis .I think there are many potential moves for TSLA . For example ,For people looking for a buy entry , I think it would be important to wait for TSLA to close in an upcoming day considerably above the 840-843 area (green rectangle ) before buying with a first target at around the 874-884 area (the first blue rectangle ) and a potential to go for the 940-970 at the secong blue rectangle If we close in an upcoming day above the first blue rectangle . TSLA might also break and close significantly below the black line ( trendline ) , it would be interesting then to watch how price would act around the the red rectangle area . (This is the same as the original post but with a daily timeframe because some might prefer so ) Original Post :
NASDAQ:TSLA
by StockAnalystPro
4
TESLA Analysis.I think there are many potential moves for NASDAQ:TSLA . For example ,For people looking for a buy entry , I think it would be important to wait for TSLA to close in an upcoming day considerably above the 840-843 area (green rectangle) before buying with a first target at around the 874-884 area (the first blue rectangle) and a potential to go for the 940-970 at the secong blue rectangle If we close in an upcoming day above the first blue rectangle. TSLA might also break and close significantly below the black line (trendline) , it would be interesting then to watch how price would act around the the red rectangle area .
NASDAQ:TSLA
by StockAnalystPro
Tesla vs. the Californian State GovernmentFirst off, please don't take anything I say seriously, as always this is on opinion based basis and not meant to be taken as financial advice. That being said, here are my few cents about this matter I have been actively monitoring. Elon Musk said he would return to his factory regardless state orders. He has already been talking about moving his factory over to Texas and a brexit style exit from the whole state of California. Now, regardless of what side of the political spectrum you are in, there are a few key points one needs to look into. 1) Lots of the Tesla employees are still factory workers. The whole portrayal of everyone working at Tesla being some Silicon Valley engineer is wrong. There are already people doing hard labor, working in factories and assembly lines who are financially struggling. 2) Tesla wanting to move shouldn't be indicative of operational problems given the time we are in. 3) Enforcing a business to stay closed and not pay workers while still expecting that business to meet earnings calls and expectations after seized production makes no sense. (It is like a double edged sword). 4) If Tesla closes Californian factories, a whole bunch of tech companies will follow Elon Musk's exit. I think there is common sense on how bad the state economy would be effected if Silicon Valley is no longer the valley. Not saying I agree or not with his decision. Infact, I am not much of an Elon Musk fan myself. However, from a non bias perspective one can see the decisions he made as a businessman and why they are likely best for his stock's growth. That is why I remain highly bullish of Tesla but still rate it a mid risk hold given its extreme hyper growth. I don't see its stock crashing too soon, but I think bearish trends could be upcoming or at least less of a stable positive correlation. That being said, the overall stock should be a bullish pattern given Mr. Musk seems like he is likely to crush the next earnings target and production quotas Tesla is expected to have (in my opinion).
NASDAQ:TSLALong
by gamer456148
More Tesla Drama over the Weekend- Tesla in a battle to reopen with California government. Elon tweeted he may move Tesla out of California as a result ! That would be a big financial hit and cost big $$ to initiate if this eventuated. - Technically the chart is pretty clear - the battle lines between the bulls and bears have been drawn. We like Tesla but are not buyers at these prices and would consider the stock at the below demand zones. - Expect prices to remain choppy until the outlook is more clear with the company fundamentals / operations.
NASDAQ:TSLALong
by Tuhi_Capital