TSLA : Looking for Long opportunity!TSLA is looking for long opportunity to take the move to the upside.
Trade ideas
SellEWT count is marked on chart. TSLA in 4th wave of corrective wave. Ideally it should stop at 38.2-50% of wave 3 but it can stretch to 61.8% ( can't take out low of 1). Price can retrace to 745-750 and then reverse for 350-380 zone. 777 is the GAP resistance which should not be taken out if this wave count is right.
Disc : it's not an investment advice to buy or sell
TESLA ON HOURLY CHARTTesla has been trading below 200 MA for good period of time & has formed Bearish Pennant price action pattern which indicates a Bearish continuation trend signal. Using Fibonacci we also plotted that, Tesla is not able to break its 50% retracement level which infact is exactly at the price level where 200MA is standing. It’s a double & strong reversal sign. Also if we look at the resistance level we can observe that every time stocks comes near resistance price there was a good reversal with good volumes.(Red Volumes bars more).
Reason for shorting setup because-
1)Sustaining below 200MA indicating major downtrend.
2)Fibonacci levels retracements.
3)Selling pressure up, red candle in volume increasing near resistance area.
4)Bearish Pennant pattern.
Trade safe.
Buy TSLA SL 700 target 720 Buy TSLA SL 700 target 720 /640/762/820. Keep revise the stop loss once price moving up. MACD and VWAP giving confidence to buy this stock
Buy Tesla around 520-560 with SL 480$Tesla can head to $900 with Strong support at (480$-520$). Should
Short TSLA around 620 with stop of 625Short TSLA around 620 with stop of 625 an dif it sustain above 625 then buy with SL of 620 for target of 657
Live Challenging Market Analysis Buy TESLA @ 511.12Market Analysis
Live Challenging Market Analysis Buy TESLA @ 511.12
Target @ 780.37
Entry 2 @ 333.72
Target Buy 1 & 2 @ 511.12
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Forex Tamil
Tesla Quasimodo PatternDid Tesla Topped out ??
Tesla formed a Quasimodo Pattern
Disclaimer : For educational purpose only
Tesla at buying level.Tesla Motors is already oversold in February. Swing trade setup buy at current levels 650-725, stop loss as per your risk profile for targets 777/829. Less risky traders can buy March 05 700 call option.
SellRecovery towards 750-790 can't be ruled out where 4th wave may end of corrective A pattern of ABC. Then again next down leg may start for 450 to complete of 5tg wave.
I don't have basic knowledge of EWT and not an expert.
TESLA is a buy again!!!Tesla completed an ABC zigzag. Wave C hit the 100% extension of A perfectly which is our most likely target. Maybe the last time we're seeing prices like this.
Tesla to Start Making Cars in India, Targeting Vast MarketTesla could be at a good technical buy area, and bolstered by the news of potentially beginning production in India - a MASSIVE market - could bode well for the stock.
RSI also at a good value area. If it starts moving up - especially through the RSI (14) 55 level it would be a good indication of bullishness returning to the stock now that it has spent some time consolidating.
Well worth a watch.
Its Time to buy tesla !! :)Dont miss the chance !!
ITs time to buy some tesla !! Long term !!
NASDAQ:TSLA
Tesla crashes to 500$High probable Tesla crashes to $500 level
People be cautious if try to hold long position at this level
