Tesla has shown a strong downward movement, breaking below key support levels. The entry point was established at 247.34, and since then, the price has declined rapidly, confirming the bearish momentum.
Key Levels
Entry: 247.34 – This level marked the beginning of the short trade as Tesla broke down below the Risological dotted trendline.
Stop-Loss (SL): ...
Tesla ( NASDAQ:TSLA ) is almost back below resistance:
Click chart above to see the detailed analysis👆🏻
Last month, Tesla finally managed to close above the resistance trendline of the long term descending triangle continuation pattern. However over the past couple of days, Tesla stock then tumbled and is now trading below the trendline, potentially...
My dear friends,
TESLA looks like it will make a good move, and here are the details:
The market is trading on 217.76 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 234.79
About Used Indicators:
Pivot points are a...
SKILLING:US100 : NASDAQ:MBLY BUY THESIS: I LIKE THE STOCK! 🚀🌑
(MY MONEY IS WHERE MY MOUTH IS!)
15K SHARES💎👐
✅ Symmetrical Triangle breakout incoming
✅ MACD & Stochastic Curling Upward
✅ RSI Oversold to Higher Highs and up trending
✅ 34% SHORT VOLUME RATIO
✅ 17.39% SHORT-FLOAT
✅ $19 INTRINSIC VALUE (ANALYSIS BELOW)
✅ .48 PEG RATIO (>1 IS GOOD)
✅ 30%+ GROWTH...
I believe at least 5 stocks from these 6 stocks will offer more than 100% return in 2 to 3 years. Regarding TSLA I will be waiting for better entries.
Disclaimer: Not a financial advice. Do your own analysis.
A week ago, I provided a weekly long-term view of QQQ (link below):
I annotated that by looking at the weekly time frame, we can note that QQQ has been bouncing off the weekly trendline (TL) that started back in JAN 2023.
It has touched and bounced off that trendline 3x so far:
-MARCH 2023
-OCTOBER 2023
-AUGUST 2024
We started OCT 7th week around 487 and...
Tesla's recent event showcased the Cybercab and Robovan, advancing its vision of autonomous transport, but it left investors questioning the practicality and timelines. This skepticism led to mixed reactions and a drop in Tesla's stock. But is the media framing this as purely bearish news to trigger a reaction, or does it present a strategic buying opportunity?...
Tesla (TSLA) just broke below a critical level, and now all eyes are on the $213 support. 📉 If bulls defend this zone, we could see a strong bounce toward $236 and beyond. However, if we lose this support, expect a drop to the next target at $207 and possibly down to $189. 📉
⚡ Stay alert, traders—this could go either way! Watch for volume and price action around...
NASDAQ:MBLY IS 31% SHORTED AND HAS A SHORT FLOAT OF 16-17% ON THE SHARES OUTSTANDING!
WE ARE GEARING UP FOR A MASSIVE SHORT SQUEEZE ALONG SIDE SYMMETRICAL TRIANGLE BREAKOUT!!!
Mid-September Playout = Mid-October 11 DAY SETUP!
- Bounced off 25/50 SMA AND started a Symmetrical Triangle.
- Ran 17.8% into 200MA Resistance
- Pulled back 7.05%
- Bounced off...
TESLA
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy TESLA
Entry Level - 217.76
Sl - 204.89
Tp - 240.31
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
TESLA NASDAQ:TSLA | TESLA ROBOTAXI EVENT DISAPPOINTS!? - Oct 11 '24
BUY/LONG ZONE (GREEN): $232.00 - $263.50
DO NOT TRADE/DNT ZONE (WHITE): $208.50 - $232.00
SELL/SHORT ZONE (RED): $177.50 - $208.50
NASDAQ:TSLA Trends:
Weekly: Bullish
Daily: Bearish
4H: Bearish
NASDAQ:TSLA and Elon Musk disappoint with 10/10 Robotaxi event? I was personally a fan of the...
Tesla (TSLA) plummeted on opening today following yesterday's Robotaxi event, dropping as much as -10% intra day below its 1D MA50 (blue trend-line) and touching the 1D MA100 (green trend-line) for the first time since August 05.
The market clearly considered the Robotaxi and the other aspects of the event a disaster fundamentally and the early impression is...
Highly-anticipated Robotaxi event offered a glimpse into what Elon Musk touted as “the future” — a driverless almond-shaped Cybercab robotaxi with no steering wheel or pedals and a Robovan that can ferry up to 20 people (but looks like a giant sliding toaster ). Both are futuristic and flashy. But can they generate revenue and keep Tesla churning out profits?...
I've sold $250 and $255 covered calls recently. Obviously huge gap down because of SELL THE NEWS style event... ;-)
I really am not concerned. This is a buy the dip opportunity. I am happy to capture the premium from the call sale which is 1% and IF I sell at $255 in two weeks... amazing...
:-)
