As per chart action we all can see that TSLA is now heading upwards journey. with TSLA now, umbrella company SPACEX is also doing good in its segment and TSLA is getting better opportunity to do manufacturing and enter in developing countries like india etc. Also with Giga Factory expansion and making New Tesla cell technology with that they can use that...
Not advice, just an observation. Price has bounced around at 233 MA on 4hr chart and looks like it's washed out. RSI has corrected from oversold and MACD cross will confirm. Next level- $217 - 264
Tesla Inc Long Trade idea Buying levels: Best Buying/Accumulation Zone between 260 to 272 Stop loss below 254 1st Target 291 2nd Target 323 3rd Target 350 Disclaimer: I do not give any tips or buy sell recommendation I only teach trading strategies. These levels are purely based on Price action/demand and supply zones & and consumed only for educational...
Hello Friends Here we had shared study of Elliott wave analysis for Tesla A bullish perspective with cautions, In the world of Elliott Wave theory, let's take a closer look at Tesla's chart. Here's what we found. On an intermediate degree, we've witnessed the completion of two waves, elegantly labeled as "Wave (1)" and "Wave (2)." Currently, the spotlight is on...
TSLA back in Stage 2 Stage 2A : - above all mas - crossing resistance - double bottom - increasing volume
US markets ( S&P 500 Index +0.3%) ended Wednesday in the green after a choppy session, perhaps exhausting the extreme sell-off sentiment from the previous day. The unexpected result from the US inflation report released on Tuesday had prompted speculation that stocks could start to head back to their June lows in reaction to a more aggressive Federal Reserve ....
Hello traders, Tesla in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. We preferred to do the logarithmic wave counting, but we left it out because the structure of the previous waves was not known. Based on the count that was done and according to the channeling, we realized that...
$TSLA is forming an ascending triangle formation after weeks of side ways movement and consolidation. Looking very bullish. Next target $1000.
Tesla is in ascending triangle which has bias to break to the upside. Good fundamentals and strong demand. RSI is also in ascending triangle. I expect the price to either retest the uptrend line or break the $460 mark and go for $500. How to play this? So either buy the break of $460 or set a long position at $415 for improved reward. Good luck! Tibor