Anticipated 5-impulsive wave C for TSLAIn this weekly timeframe Elliot wave analysis, we created a channel for the corrective phase of Tesla where price had already began its minor impulsive wave c drop after got rejected at the zoned area of supply.
We then can execute a short when 973.10 will be broken down and target at 639-643, the 0.5 fibonacci retracement of the entire motive phase wave 1.
Our invalidation for this short idea is the origin of wave c at 1152.
#elliotwaveforecast
@marketpainterPH
Teslashort
TSLA - TESLA Run - GAP - CRAP PatternThis seems too obvious to be true.
But the facts are the facts.
Besides the Run-Gap-Crap pattern, there is much more to recognize:
Watch the grey up-sloping pitchfork:
Price ran above the CL and now is pulling back, even closed below. This is a clear short signal. And it's in line with the yellow Mini-Pitchfork's CL too.
Another tool I use often are the sloping A/R lines, also in grey. I use them for timing, and even they intersect the confluence point at the pitchforks CL and the yellow downloading Trend line.
And even oscillators are telling their story too.
LEAP options are my favorite instrument in this case to play this move.
TESLA $6000 or $400 ( Which will hit First .? )#TESLA Technical Analysis:-
$TSLA currently trading at $985
As per 3 Week chart looking Bearish Divergence.
So I am expecting Mid term Downtrend in #TESLA
Its can give Some Upward move before downside move.
$800 level is very Important support level.
I am expecting $400 Target in mid term.
Its Not mean I am bearish in Long term.
I bullish On #TESLA In long term.
After this Downtrend $TSLA will recover very fast IMO.
Long term My Target for #TESLA is $1925/$3200/$6000
So If hit $400 and $275, don’t miss to grabs at Dip.
Support:- $800/$409/$275
Resistance:- $1100/$1500
TSLA - TESLA & Whale PigsSo, here we have it once again.
There's a TESLA whale, manipulation the stock higher and higher. Of course, the SEC lies in a coma since months (...borrowed from TheMaverickOfWallstreet on YT).
How hard the stock is manipulated, it's a moving stock. And with anyhting that's moving, it underlies the rules of our world.
One rule states, that everything fluctuate.
And so do markets. They move from one extreme to another, passing the center in between.
We as trader can profit from this knowledge, if applied wisely. As we see, TSLA is at the U-MLH (Upper-Medianline-Parallel) of the orange pitchfork.
And it interscts perfectly with the KillZone...which is not part of a physical law §8-) But it's a observation from over 30 years of trading, invented by my former Mentor.
However, physic's or observation, everything could go wrong when shorting TSLA. And this brings me to the main rule in trading: Risk small and let it run.
Let's see if gravitation is the master of the manipulator. If not: "Huston, our world has a problem"...
#whatgosupmustcomedown #greedypigswhales #secincoma
Tesla : Watch out for the Trendline breakoutTSLA Have been holding the trendline in the daily timeframe for more than a year. The trendline looks to get week and breakdown of the trendline can take the stock's price to the green Zone supports..
Note : Setup will only get active after trendline gets broken
TSLA Stock Is set to EXPLODE Soon? | Must Watch Options/TAHi everyone, Technical Analysis can often be associated along with options strike analysis to help justify large moves in the markets. TSLA is currently coiling between a tight range and when it moves we have some great ideas of the next target prices.
TESLA SHORT TO $650 Following is the analysis of Tesla Inc coming in for the next few weeks/months.
1) Wave 1 started low at $70 in Dec 2019
2) Wave 2 is a symmetrical triangle that finished correcting W1 at 38.2% correction at $407
3) Wave 3 started on Sep 2020 and had a good run-up of FIB 127% from $407 to $900 ending on Jan 26, 2021
4) Wave 4 is a sharp zig-zag correction but sine Wave 2 is a longer correction, Wave 4 is a shorter and sharp correction ending around $555
5) Wave 5 went ended at 1235 last November
Now we are in a correction (A-B-C) that's going to correct the whole 5 impulse waves
I believe we are only in Wave A and this might come down to 50% or 61%, since Tesla had a huge run-up in a very quick time I expect it to correct at 61% in the next coming months so those values are $789 and $650 that needs to be closely watched.
Appreciate feedback and omments, please share
Biggest fall for TESLA to come! In way to 640$ per share.Will Tesla fall??
No metter how long the day, the night is sure to come. Tesla have reached the higher prices in the few past months. No matter how much people hold a share they have to take profit, because every successful investor knows that after a sunny summer there is a hard winter..
We may not see the winter in the next few weeks, months. But, if TESLA start to buy it shares, in order to show that the inflation doesn't affect it, TESLA is going to lose a lot. The same situation happened with the Nasdaq a few months ago, now it went down Below 14K.
Some time it's hard to accept the reality, but i believe that: "A step back, can take you three steps forward".
Tesla Inc., called Tesla Motors until 2017, is an automaker of electric cars headquartered in Austin, Texas on the Colorado River in the United States. The name of the company is chosen in homage to Nikola Tesla, an American inventor and engineer of Serbian origin.
TSLA earnings in 2 daysIf you haven`t sold the double top:
Then considering the bearish market conditions, Tesla should reveal some amazing quarter earnings to justify its high PE Ratio of 308.
Meanwhile Elon Musk sold more than $15 billion worth of shares in the company since early November and said that he was "almost done" with his stock sales.
And most of the shares were sold above $1000.
Looking at the charts, i think that TSLA has entered a descending channel with a price target of $860 for this year.