TSLA Technical Analysis

[cluster]

TSLA has decisively penetrated the previous head-shoulder neckline and is now also above 200 MA. Very bullish. Next target 260-265.

BTW, why are the recent replies embedded in a particular post? Can the moderator do something?

 

[allz]

Your reply looks OK

 

[austinEV]

Your reply looks OK

The formatting for this thread has been crazy for a while. Someone posted something with html or css that is being read.

 

[EldestOyster]

The post that caused it put everything following it into a frame. All we needed to do was get off that page. Thank you guys for posting and getting us to a new page. Folks who have increased their messages-per-page setting may still have to look at it a little longer.

 

[austinEV]

The post that caused it put everything following it into a frame. All we needed to do was get off that page. Thank you guys for posting and getting us to a new page. Folks who have increased their messages-per-page setting may still have to look at it a little longer.

insert pointless reply here

 

[Robert.Boston]

TSLA has decisively penetrated the previous head-shoulder neckline and is now also above 200 MA. Very bullish. Next target 260-265.

BTW, why are the recent replies embedded in a particular post? Can the moderator do something?

I know which post was doing it, but the HTML was so complex (and our tools to edit tags on this forum so crude) that I was sure I'd make the post unreadable by tinkering. We've now got enough posts past it that you should be good if your post-per-page setting is 20 or less.

 

[InTheShadows]

Can you screenshot it then delete the post and place the image in its place? I just went back through to read some of the latest TA since we moved so big today and it even crashed tapatalk, which is usually immune to those sorts of things.

 

[FluxCap]

Can you screenshot it then delete the post and place the image in its place? I just went back through to read some of the latest TA since we moved so big today and it even crashed tapatalk, which is usually immune to those sorts of things.

As someone with a lot of posts per page, I second that emotion.

 

[austinEV]

As someone with a lot of posts per page, I second that emotion.

As someone who also has a lot of posts per page I third that. Any fourths?

 

[EnergyMax]

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keeeep pushing

 

[austinEV]

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keeeep pushing

I find your post interesting and felt compelled to reply.

 

[MikeC]

I find your post interesting and felt compelled to reply.

That got me to the next page, thanks.

Can someone post a nice chart now that things have picked up again? I don't really believe in TA but I still love it when it's bullish.

 

[austinEV]

That got me to the next page, thanks.

Can someone post a nice chart now that things have picked up again? I don't really believe in TA but I still love it when it's bullish.

Me too, what a relief.

We closed above the 200 day MA. ADX very bullish. MACD very bullish. Maybe a bit overbought...

 

[FluxCap]

Do most people use 20-day interval for drawing Bollinger Bands? Curious, as it's not a metric I've watched that closely.

 

[InTheShadows]

Do most people use 20-day interval for drawing Bollinger Bands? Curious, as it's not a metric I've watched that closely.

I use the default, 20 days.

 

[austinEV]

I use the default, 20 days.

Yeah being outside of the Bollinger band like that does not bode well for tomorrow actually. TSLA has definately had weeks where it rode up the high side of that line but it is pretty uncommon.

 

[maoing]

RSI (14) is above 75 now, this is the signal of overbought if not top. @ 265 and @ 291 top, each came with above 80 RSI just a couple of days. Unless some magic happen, I think TSLA will pull back and consolidate around 230, then prepare for post ER pop to 250 if the price can stay ~230 before ER. If the pre ER run up is too high, then my post ER pop opinion might change.

 

[Twiddler]

RSI (14) is above 75 now, this is the signal of overbought if not top. @ 265 and @ 291 top, each came with above 80 RSI just a couple of days. Unless some magic happen, I think TSLA will pull back and consolidate around 230, then prepare for post ER pop to 250 if the price can stay ~230 before ER. If the pre ER run up is too high, then my post ER pop opinion might change.

TSLA has been well above 70 for extended periods of time on multiple occasions. Based on precedence, I doubt that anyone who has been following this stock for the last few years would give too much credence to RSI as a stand alone metric to project movement over the next few weeks

 

[maoing]

You are talking about the huge run from 50s to 190s. After that, most recent two tops hit after RSI above 80 and won't stay long for above 75.

TSLA has been well above 70 for extended periods of time on multiple occasions. Based on precedence, I doubt that anyone who has been following this stock for the last few years would give too much credence to RSI as a stand alone metric to project movement over the next few weeks

 

[Twiddler]

You are talking about the huge run from 50s to 190s. After that, most recent two tops hit after RSI above 80 and won't stay long for above 75.

Um, no. The RSI was also in that range during both runs from the low 200s into the 260s. It has not been reliably predictive with TSLA at all.

Yes, will the stock price eventually stop going up and RSI fall, sure. But if you sold every time the RSI was above 70 for the past 2 years, those would have been pretty stupid moves.