ev-enthusiast
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Just putting the 52wk low here as a number a lot of people might have kept in mind: $176.99.
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TSLA Technical Analysis
- Thread starter Robert.Boston
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- elon is an ass TSLA
ev-enthusiast
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Dow Jones got the Death Cross, meaning a bottom is approaching in a short time span:
A bearish ‘death cross’ has appeared in the Dow’s chart
Tesla is approaching fast the same point, where the 200 day average (red) crosses the 50 day avg. , so the bottom could be somewhere next week:
A bearish ‘death cross’ has appeared in the Dow’s chart
Tesla is approaching fast the same point, where the 200 day average (red) crosses the 50 day avg. , so the bottom could be somewhere next week:
Yahoo's graphing and simple moving average SMA calculation are messing with you. The moving average uses the number of data points based on your time view, it is not always in days (daily moving average DMA).
You have a 5 day chart with 5 minute time intervals so you are really showing a 250 minute and 1000 minute moving average or something close to that.
Either zoom out to 3 months or, better yet, select 1 day intervals to get the correct values of 200:372.83 and 50:654.41
See also the slightly stale results at Tesla, Inc. (TSLA) Valuation Measures & Financial Statistics
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anthonyj
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Gap at $500 gets filled and makes a beeline for $265 imo. Bounces there and then bottoms at $140
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anthonyj
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Just looking at support and resistance levels. This is possible if we are in a global recession, slowing demand with negative free cash flow, weak longs selling, margin calls, shorts piling in at the lows like usual. Also Tesla is still up YTD while almost all other stocks aren’t. Long term I’m super bullish though. If we can see a miracle bounce to the $500s next week I will sell 10% of my position, need to hoard more cash
Technical analyst Tim Ord was a regular guest of mine on my old TV show. Below is what he wrote shortly after the close yesterday regarding his latest opinion change for the S&P 500 ETF (SPX).
For monitoring purposes: Long SPX on 3/23/20 at 2237.40.
All the Best,
Tim Ord
Ord Oracle - Home
For monitoring purposes: Long SPX on 3/23/20 at 2237.40.
All the Best,
Tim Ord
Ord Oracle - Home
Here's is a portion of what Ord wrote after the market close today:
Today’s rally produced a “Sign of Strength” both in the Advance/Decline line and the Up/Total volume indicators. This may be the best setup for the market to continue higher short term. On previous large decline like in 2010, the SPX retraced over 61.8%, the 2011period retraced near 38.2% and the first decline off of the top in 2008 retraced 38.2%. If tomorrow is up, will be the first time since February 19 the market was up two days in a row and would imply a change of character.
Ord Oracle - Home
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anthonyj
Stonks
Classic bubble that will settle back into the $300s for a while
btw you’re using log for Apple and not for Tesla (NVM I need coffee)
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Tesla sure isn't linear...
Compare 200-300 to 800-900
The Y axis is offset from 0 which may be throwing you off.
200-400 is the same distance as 400-800, it's log.
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You'll wonder if you do the same things, as far as general trends (not %) are concerned, with Nasdaq or Dow Jones charts. Which says something. That is, TSLA stocks did'nt rised for the superduper performances, nor went to hell for just FUD by shorters. It will be unpopular but that's facts.
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we got the miracle.. thanks
when you make bold predictions - pls post whether you made or lost money - it helps define your credibility or lack thereof
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