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Tslaanalysis

TSLA oversold and ready for Bounce This could be an infamous dead cat bounce but if history rhymes then we should see everyone start talking about TSLA towards earnings and media coverage means meme stock action that defies fundamentals. Bears are in a lot of profit and market makers may be ready pull it up towards the longer term MAs real quick to screw both calls and puts expiring this week. "Bespoke Investment Group took at look at prior periods when Tesla stock fell more than 20% over a seven-day stretch. It found 23 instances since 2010 and found that big declines are a set up for big gains. Tesla stock typically rises about 37%, 84%, and 238% over the next month, three months, and six months, respectively, after a the rapid 20%-plus drop."
NASDAQ:TSLALong
by efbomb
1
Upside weakening or consolidation?The last two days of this week we have seen a hesitant push with a bullish sentiment. Hesitant because of the sluggish price movement to the upside. Friday retailers were waiting a pullback in price that did not materialized further squeezing shorts and yet the squeeze did not have the necessary strength to force the bears to cover. My expectations for Monday morning as price action stands now would be for a continuation of the upward movement or even a fake out to the upside. TSLA can climb as high as 303 and this might encourage buyers to push to the 314 mark. I'm speculating on what might happen here, price action will tell us what really is going to happen. If we do se the rejection or expected pullback for healthy continuation expect price to drop to 290 and maybe a bounce at this level. If we are unable to hold this level then 284 and 279 will be our targets.
NASDAQ:TSLA
by JP_Tru
2
Buying the Tesla breakout!Tesla - Intraday - We look to Buy a break of 315.11 (stop at 302.98) The primary trend remains bullish. Short term bias is bullish. Daily pivot is at 314.67. Short term momentum is bullish. A break of the recent high at 314.61 should result in a further move higher. There is no clear indication that the upward move is coming to an end. Our profit targets will be 344.98 and 349.98 Resistance: 315.00 / 320.00 / 330.00 Support: 305.00 / 300.00 / 290.00 All of our stock trade idea expires in 30 days. Daily chart for context Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses
NASDAQ:TSLALong
by Saxo
1
Sell-off Exhausted | TeslaUS 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.  Tesla (+3.4%) was one of NASDAQ’s best performers on Wednesday. TSLA’s rise places it back above $300 per share, a territory the stock fell below after Tuesday’s broad-market rout. Helping TSLA fend off broad investor pessimism is the company’s improving supply chains. On Monday, Tesla’s vice president of investor relations Martin Viecha spoke at the invite-only Goldman Sachs tech conference. Viecha noted that the company’s battery supply chains are the best they have ever been, and Tesla can now buy all the cells it needs, for both its vehicles and energy-storage products.
NASDAQ:TSLA
by BlackBull_Markets
2