Threee reasons why. I bought Tesla (TSLA) Today: 1. It's cool 2. Uptrend on Daily chart 3. Growing volume on Daily Chart (As you can see down on the linked picture)
Tesla Elon Musk Good humanity to helping Just in my analysis using my snake band.
Tesla 3800$ target Pattern shown is taken from November 2019 - march 2020
$TSLA is forming an ascending triangle formation after weeks of side ways movement and consolidation. Looking very bullish. Next target $1000.
TVSMOTORS CMP 579 BOUNCING FROM 200 DMA WITH STRONG VOLUMES CAN INITIATE LONGS
Buying Point are 604, 740 and 800... Target is 1400
Tesla is in a good position to buy , Take Profit on 50MVA. If it crosses 50 MVA on Day TF , it may touch 673.95 . Tesla is launching a new luxury model , retail investors are optimist about the news. IMPORTANT : It is not a financial advice . Just for education purpose.
26-May-21 NASDAQ:TSLA Breakout Failure on top. The chart structure is shifting towards consolidation and test of supports. Sustaining and closing below 601 in the coming weeks may well take Tesla to break the low of 546 & then proceed to achieve 450-36 to 420 range. The Down move scenario gets invalidated on successive closing above 670
Tesla stock predictions based on Wyckoff Distribution Pattern. Bullish long term. Planning to sell at $720 and accumulate again along downward consolidation phase.
If it holds 50% as resistance then it is likely to fall to 412-380 to complete (v) of 5. 665-670 should hold as resistance if wave count is right. 636 -640 is also resistance and counter may reverse from here. Not an expert on EWT. Just a random guess on wave count.
As we can see on the daily timeframe, starting from April 14, the price has been moving in a downward channel and Tesla has dropped by 30% from its highs that were in January of this year. Now the price has bounced off the support level and growth is possible, but most likely the price will continue to fall and may drop to $ 500 or $ 450, which will already be 50%...
#TSLA at a crucial level consolidating for a brakeout.#INVERTED HEAD AND SHOULDER #GO LONG
if 600 is broken then it may can go 580 NASDAQ:TSLA
Price forming perfect head and shoulder pattern and it is trading near the trend line. Good to enter if breaks the trend line and move further up. Target given !!
TSLA is looking for long opportunity to take the move to the upside.