Tesla stock

[YouHeypiCanLiao]

Tonight looks crucial as it closed right under 200dma last night. The last time this happened was back in Mar 2020. Need a strong bounce off this support.

anyone can help to a TA ? thanks



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[coolhead]

anyone can help to a TA ? thanks



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200sma is at 584. tsla luckily closed at 589.

 

[loonybun]

200sma is at 584. tsla luckily closed at 589.

Yea very lucky. Was actually looking for a stronger bounce + higher volume. Looks like still on life support for now lol

 

[coolhead]

Yea very lucky. Was actually looking for a stronger bounce + higher volume. Looks like still on life support for now lol

indeed, all it takes is some bad news or a red day.

 

[YouHeypiCanLiao]

Yea very lucky. Was actually looking for a stronger bounce + higher volume. Looks like still on life support for now lol

indeed, all it takes is some bad news or a red day.

https://finance.yahoo.com/news/tesl...moku-cloud-for-support-analyst-121343957.html
deeply oversold but HOPE it bounce back strongly next week. can see some inflection pt(TBC) at the RSI

 

[King.Koopa]

Noob question. what is sma and dma ar?

 

[loonybun]

Noob question. what is sma and dma ar?

simple moving average. to ignore the "d", I was referring to the same thing haha

 

[YouHeypiCanLiao]

simple moving average. to ignore the "d", I was referring to the same thing haha

i got inverse head and shoulders means got chance to up?
if RSI + MACD , inflection pt high chance to bounce?

 

[gld998]

i got inverse head and shoulders means got chance to up?
if RSI + MACD , inflection pt high chance to bounce?

yup.. good eyes! I am waiting for it..

 

[loonybun]

i got inverse head and shoulders means got chance to up?
if RSI + MACD , inflection pt high chance to bounce?

haha I don't see any inverse H&S. But I sure hope you are right!

 

[YouHeypiCanLiao]

haha I don't see any inverse H&S. But I sure hope you are right!

what's your take then.. need your 5 cts

 

[loonybun]

what's your take then.. need your 5 cts

My 2 cts is short term wise, charts look weak since 10 May when it broke the 150sma and made lower lows that week. 150sma was validated as support twice in March sell-off. Looking at the weekly chart, it sort of broke down the wedge and got rejected right at the 21ema to close at the lower range that week. That said, I do think it's reaching the oversold territory, but the reversal of trend very much depend on general market sentiments shifting back into high multiple growth names.

Long term wise, I believe that inflation fears and rotation are temporary, and I have no doubt that Tesla will be the most valuable company within the next 5 years. TSLA at 600s was great, 500s is a gift, 300s to 400s if it ever comes? - I would sell a kidney (not investment advice)

 

[tasslehoffs]

Tesla may dip crazy this week. Elon go on civil war with bitcoin. Get ready.

 

[gld998]

Tesla may dip crazy this week. Elon go on civil war with bitcoin. Get ready.

really ar... ok go bank apply war chest.. if drop below 500 is all in!

 

[bwaysaikryptonite]

Patiently waiting for 499 tonight

btc 44k crypto yuppies leg shaky soon ?

 

[King.Koopa]

Tesla may dip crazy this week. Elon go on civil war with bitcoin. Get ready.

need ban papa elon from twitter again . Premarket many stocks green except tesla

 

[HappyCanOrNot]

Scalp pre-market 577 to 582....ha.

Wait until sian.. Do some scalping

 

[HappyCanOrNot]

Bought at 562..hope tomorrow can chiong

 

[bwaysaikryptonite]

No 4xx no enter..trap trap trap

 

[invisible.hippo]

Queue at 550, didnt get it. Maybe try 560