BEARS in controlTSLA was not able to rally enough momentum to the upside.
Friday March 11,22
TSLA expected to reach and break 780 to the downside.
With possible targets @ 767.76 and 729.44 do not want to leave the possibility of it reaching 690
What can happen before this?
A bounce from current position to 814.44
or a complete retest of the contended 850.
Tslaanalysis
Tesla (TSLA) | A great opportunity to invest🎯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.
Counting has taken on a new form and this counting wave is in a higher degree of fractal than the previous counting.
When the warning range was broken in the previous analysis, the wave count was performed and now we will explain the new count.
According to the wave count of and , has ended and there is no normal ratio between these waves.
The wave starts the correction and according to the current structure of this wave, we assume that the pattern is flat.
This plate is located in its initial wave, wave (a), and we assume that after another descent to the ceiling of the channel, an upward movement will begin for wave b, and this movement will be confirmed when the bottom of the channel is broken.
If the decline continues beyond Fibonacci 0.5, the pattern will change and there may be a correction phase for wave 4 in a shorter time.
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$TSLA - $1,500 Channel Trajectory INTACT-Stock price can trade outside of the channel,
but has in the past revert back into its channel.
-Stock Price has many times bounced off its 200MA.
The upward direction of the Channel is still well intact.
Price target herein purely based on technical channel. Fundamental target in my opinion is much higher by year end for the bull case.
TSLA Downward channel break?TSLA retesting resistance at 942 level.
If 942 level is rejected the bear trend started in January will continue downwards for possible targets @847.94 and @780.21
Also tesla can reclaim the level above 942 aiming for resistance from bear channel started on November and have 986.20 level as a target.
Tesla Analysis 13.02.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
TSLA TrendDespite the sales result in China tonight, and considering that Tesla's fundamental data is solid, and beyond the possibility of a slowdown in demand at some point, there is no doubt that this company is in financial and innovation terms super solid.
The sale of Evs is a unit in the business universe of TSLA. With this said, the technical analysis shows a clear upward trend since March 2020.
The volatility and its swing range perhaps did not allow it to be seen clearly for a moment, but now, and due to the time that has elapsed, with its financials results and congruent volume the trend It's clear, and it's on the upside.
Price zone to observe might be 880 usd, for a double reason: a) it is an important support and technical buying zone, and b) could be the limit of the upward trend.
If it loses this zone, we would be facing another scenario.
It seems to be the ideal technical chart, as the volume confirms this potential rise that is observed. That is, the price has dropped, but nobody wants to get rid of Tesla Stock, which could make it an even stronger long-term holding.
Hope you have enjoy this analysis!
This analysis is not a recommendation to buy or sell. It is based on published financial data and technical analysis. Trade at your own risk and responsibility. Namaste
Tesla Analysis 22.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!