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TESLAWelcome to Excavo's professional analysis of the stock prices of Tesla Inc.
Tesla is up more than 91% year to date.
Fundamental Analysis and News:
Morgan Stanley raised its base case price target on Tesla (NASDAQ:TSLA) to $500 from $360 and the bull case target to $1,200 from $650.
The company has "significant addition optionality" through the truck, self-driving, battery technology, and solar markets.
Technical Analysis:
Currently, TSLA is approaching an important all-time psychological resistance level of $1000.
It should be noted that the price action flashes a bearish signal - the gaps that are in areas of the chart where a security's price either rises or falls from the previous day’s close, with no trading occurring in between. Gaps like these tend to get filled and indicates that a trend reversal is forming from bullish to bearish, and a downtrend could follow.
On the flip side, many stop-loses hold on in a $1000-1100 trading range and in case of achieve these points there will be a closing of sell positions at market prices, which opens up the gates for a further rally to target the next resistances up to $1600.
Remember to be cautious and to use proper risk management tactics to prevent any losses from unexpected market movements.
Resistance Levels: $1000, 1100, 1300, 1600
Gap levels: $655, 589, 514, 430, 255
Day's Range: 41.61 — 45.73
Market Cap: 154.068B
Stay tuned for future technical analysis, news, updates, and more from EXCAVO
TESLA WATCHING TESLA CLOSELY. We have now broken back into the region that where the market was previously trapped for a long while before heading up again. We can expect this region t once again force the market to move sideways which would then form a clear head and shoulders pattern. Once we have a breakout to the bottom side of this region, I will be expecting a shrt retest before the bearish leg forms
TESLAFriday, 21 October 2022
23:23 PM (WIB)
Kindly a little funny indeed for Tesla. Some previous years ago, we talked about the possibility to reach $1.000 and more.
In fact, the price fell with Downtrend Megaphone until now with possible to hit $70. I agree with this number.
He would don't mind at all considering to be the richest man on planet earth.
TESLAHello traders and investors!
I want to update Tesla chart, from my perspective and my insights, there is now a high tendency of TESLA hitting another high of all time.
What I'm expecting is bullish wave for TESLA to trade from 600 to hit a high of 1000 and that's 66.67% gain on your investment.
Trade smart, Invest wisely!
If you like what we do, then please like and share my idea.
Don't forget to hit the follow bottom.
#Cheers
@TONNYFOREX
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of my work is for educational purposes only.
TESLAThese are levels that I'll be keeping an eye on when dealing with Tesla, and I'll revise as price action progresses.
I adapt to the change in money flow.
Even though I can see price doing a small rally around the $1,222 level I believe that we're about to see TSLA tumble a bit. Market structure was breached in bear's favor so I would look for price action to form a new lower low (LL) after the rally I'm anticipating.
I'm projecting Tesla's valuation to decline to the $700 - $625 range per share, and I also believe that any fundamentals will only expedite the inevitable. I say that due to what I spotted from a higher perspective. 👀
Just my thought's and nothing more, nothing less. We shall see..
TESLAThursday, 29 April 2021
23:50 PM (WIB)
TESLA has everything to watch and purchase. Since the price touch $900, slowly the price fall to $550. And now is on the way to confirming of descending symmetric triangle pattern. I like this pattern.
Other way, TESLA has paid all their interest and owes. So, the management has excellent job with also input Bitcoin as their asset.
There is nothing and exceptional for moving the price more lower from the triangle.
Best regards,
RyodaBrainless
"Live to Ride and Ride to Live"
TeslaI am by no means an expert! Just a guy who is interested is stocks.
The way I see it, we have a reversal pattern. We made a higher high --> lower low --> lower high --> higher low.
I am pretty bullish on Tesla since it is earning season and a lot of good news is going Tesla's way.
A close above 720 is a bullish signal so we may retest ATH then.
What are your thoughts?
Please share in the comments!