Get started

Tslaanalysis

$TSLA - MOMENT OF TRUTH! Bullish pattern forming$TSLA is in a moment of truth here. #TSLA formed a bullish pennant after hitting all time highs. Pennants are considered continuation patterns (in this case a continuation of the violent uptrend). The volume is also declining in typical fashion during these types of continuation patterns. The Stoch RSI is oversold which TSLA responds well to on the 1D chart. The yellow arrows are when TSLA reported delivery numbers too. These have typically been the launch point to new breakouts. If TSLA can break out of the pennant, the expected mid term move is towards $616 where the 1.272 Fib extension is. This would also coincide with its inclusion in the S&P 500 at the end of the year or the beginning of 2021. Bullish pennants aren't a guaranteed bullish continuation though. They break to the upside a little more than half the time so prudent traders will want to watch for the breakout first. Like & share! 👍🏼📣
NASDAQ:TSLALong
by TheTravel1ngTrader
Tesla bullish patterns + ideas Three major bullish indicators: - Purple: Descending triangle - Orange: Ascending triangle (was my most prominent idea until it broke below) - Blue: symmetric triangle My predictions: (1) Once Tesla passes the apex of the symmetric triangle I can see support begging to form, climbing up the blue support line, following this I am looking for a breakout above the orange resistance line. (2) Alternatively, Tesla can be exhausted as seen on the MACD, lower volume levels, and volatile charts (longer candles on the 1D chart), following this idea Tesla must break below the purple support level and then slowly climb down the old blue resistance line. The thick red line will act as heavy support, if this level is broken we might be witnessing a triple top and shoulders formation (variation of head and shoulders). Price targets (3-4 month): under scenario (1): $536 under scenario (2): $285 Notes: This week is very crucial for price action and TA, I believe the apex of the symmetric triangle is the most critical point. I am bullish and believe scenario 1 is the most possible. I also believe we will see further price volatility which might cause a fake breakout either above the orange resistance or below the purple support. I will update this chart throughout the week!
NASDAQ:TSLALong
by RaftoO
2
Should we buy TSLA ? Where is it headed ?@HTEEZY, @Nathan_Black, Hi Guys This is my TSLA Full analysis 500$ is all time high - this is a very strong resistance. 52 week high, 10 year high, all time high all are STRONG resistance. If you closely analyse TSLA it hasn't broken that for the last 2 months. Besides 52 week low was around 60$ Stock has gone up 10X and has gone for a split. TSLA might not go 10X in the next year from this price point. Highly unlikely. Still the technical indicate it has juice upside as the trend line is upwards - Higher lows every time. When a stock keeps coming back to a the same price many times it's a sign of weakness, when it tries to break a resistance many times it's a strength. TSLA has not gone anywhere near it's old peak. When you use price predictions always sell a few % below your target prices as this is a more realistic exit. Good luck ! P.S: If your looking to make 10X you need to look at alternatives. e.g Google- has a subsidiary called WAYMO. They own it 100 %, this self driving tech company will be spun off soon. Each share holder gets a free stock of WAYMO when it sins off GOOGLE .
NASDAQ:TSLA
by Bafiq
TSLA anticipated move to $540 then $600? Medium termTSLA has been the center of attention for the bulls and volatility for quite some time and it is forming a very interesting pattern that I cannot ignore. There are die hard TSLA fans there that believe in the company, there no real reason not to, and there are swing traders that love swinging it because it moves. It is due for a volatile move once again, should we break resistance we'll see a pop that could take up through the high once again. The technicals are building up for it, higher lows, EV potentially, a strong bull market its all coming together, just volume needs to come on board to the upside. We need to see a drastic increase in volume as we break the $460 threshold for the next leg higher. With the S&P 500 potentially hitting 3,600 and the Nasdaq futures led by tech about to make a new high. It just seems likely that TSLA is about to make a leg up pop that we've been waiting for. The targets to the upside are based on Fib extension lines and the volatility that TSLA is associated with could bring us there no problem. The prior TSLA idea we had, the market was forming a symmetrical triangle that could have sprung either way, the more recent price action is expecting a pop higher! this idea is for educational purposes only, any trade or investment is taken and the traders personal risk.
NASDAQ:TSLALong
by TRADEPROAcademy
4
TSLA under pressure from rise of EV! Coiling for a break. UorD? The EV space is growing really fast! With TSLA at the helm so far it's seniority is not being questioned as the stock price stays very much afloat. Tesla so far is the leader and holds true to its product on the streets and continued delivery of cars. However, there are some car makers in the industry that are making a push like Chinas NIO. TSLA has been feeling the pressure from the incoming new "EV" space like SPI. We will have to see a physical product for those companies and the ones to come to be a real threat. Otherwise, it's just like the DotCom boom. Throw EV in your company and the stock price rises 1000%. Due to that TSLA has been coiling. We saw a recent lower higher that suggests some of these bears are coming into this market for a slight push lower. We are coming into that same area and if we print yet another lower high we are going to see some downside pressure come into this market. The key support is at $335-340 should that support break we are going to see $280 on TSLA fairly quickly. Some of the downsides could be attributed to the recent market and economic downside as well. To the upside for the TSLA bulls and the optimistic traders, we are also seeing higher lows. The volume is a little weaker on the upside but the bull side can easily break a new high and TSLA could be headed for the $500 level yet again. It's just a matter of buy pressure. The downside target would be the 100-day moving average which could be around $300 should the price consolidate. Under that level should the market spill TSLA's volatility will cause the stock to plunge.
NASDAQ:TSLA
by TRADEPROAcademy
Tesla bulls and bears will battle on battery day.Tesla, where anything goes and volatility is crazy. Battery day will be an interesting battle ground. A key bounce of the 50 day moving average has kept hope alive for tesla bulls. The massive sell off could spark a snowball sell off into the a.m., on the other hand the sell off landed at a key support level. This keeps it in a bullish overall trend, but it is at a critical level where a move to a certain direction could set the tone for the rest of the month possibly into November. Bears have had some fun recently, but theres no reason to believe investors give up on tesla after hearing some big news. The end of day sell off could be perfect for the bull case that this runs, because the selloff due to Elons tweet could have baked the underwhelming news into the price at close, as it rebounded slightly after hours. Battery day will be a test on its own. 1 metric used in this chart is the RSI stretch. If you look, you can see patterns and dates noted where the Rsi runs " hot" for multiple days.
NASDAQ:TSLA
by king806
6
$TSLA Short wave 3 From a broad perspective, $TSLA has just completed its corrective abc pattern wave 2 from it's initial wave 1 impulse drop. At the end of the trading day Friday 9/18 the market is looking like a sell-off. If Tesla follows suit with a gap down on Monday, we could be in the Cycle wave three and expect another impulse wave down below the initial wave 1. I am targeting below $325 for wave 3. This will happen fast. My theory would be invalidated if we break above $460. This wave 2 that just ended looked like a major rally so expect something similar, though more flat for Wave 4. Ultimate wave 5 target could reach sub $200 or $195. Good Luck.
NASDAQ:TSLAShort
by Harry_Hood
21