TESLA 206 - 216 - 230 TP
Why Tesla is Poised for a Bull Run
Tesla Inc., the leading electric vehicle (EV) manufacturer, has shown remarkable resilience and growth potential, making it a strong candidate for a bull run. Here are some key reasons:
1. Strong Financial Performance
Tesla’s financial performance has been impressive. The company’s revenue reached $81.5 billion in 20221, and its stock price has seen a 5-year total return of 795.71%, placing it in the top 10% of its industry2. Despite a decrease in net income in Q3 20233, Tesla’s overall financial health remains strong.
2. Market Leadership
Tesla continues to lead the EV market. It was the most valuable automotive brand worldwide as of June 20231 and led the battery-electric vehicle market in sales1. Despite increased competition, Tesla’s market share in the U.S. and Canada is growing, heading towards 3%, while in Europe and China, 2% is within range4.
3. Production and Delivery Growth
Tesla’s vehicle deliveries reached a record 1.31 million units in 20221, showing a steady year-over-year growth. The company’s long-term target is to increase electric car sales by an average of 50% year-over-year4.
4. Expansion Plans
Tesla is expanding its manufacturing capacity with new factories in Germany and Texas5. These new facilities will help meet the growing demand for Tesla’s vehicles, potentially driving further growth.
5. Innovative Product Line
Tesla is not resting on its laurels. The company plans to launch new models, including the Cybertruck, Semi, and Roadster6. The introduction of these new vehicles could attract new customers and boost sales.
6. Charging Infrastructure
Tesla’s plans for the world’s largest Supercharger station in California7 indicate the company’s commitment to developing a robust charging infrastructure. This will not only benefit current Tesla owners but also make EVs more appealing to potential buyers.
7. Strategic Market Moves
Tesla is making strategic moves to capture more market share, such as lowering the price of its cars in China and emphasizing online sales8. These strategies could significantly impact future earnings.
In conclusion, Tesla’s strong financial performance, market leadership, production growth, expansion plans, innovative product line, development of charging infrastructure, and strategic market moves position it well for a bull run
Musk
Shrub (SHRUB): The Adorable Hedgehog Turned Crypto StarIn a world where memecoins capture the hearts and wallets of crypto enthusiasts, Shrub ($SHRUB) stands out—not just as a quirky token but as a symbol of resilience and charm. Inspired by Elon Musk’s latest family pet, Shrub the Hedgehog, this cryptocurrency is turning heads and making waves in the market. Let's explore the fundamental and technical aspects driving SHRUB’s potential.
Why SHRUB Matters
Shrub’s appeal goes beyond its spiky mascot. This memecoin combines the lighthearted nature of internet culture with the innovation of decentralized finance. With ties to the Musk family, it carries the hallmark of media attention and investor curiosity.
Key Highlights
- Celebrity Connection: Shrub’s link to Musk's family adds credibility and visibility, making it a magnet for retail investors.
- Community Spirit: Beyond the meme, SHRUB represents resilience—mirroring the tenacity of the crypto community itself.
- Growing Accessibility: SHRUB is available on major exchanges like Uniswap V2, Uniswap V3, and Gate.io, ensuring wide accessibility.
Market Data Snapshot:
- Daily Trading Volume: $6.60 million (+18% in the last 24 hours)
- Current Market Cap: $24.82M million, ranking #630 on CoinMarketCap
- Circulating Supply: 942.18 million tokens (FDV: $26.33 million)
- 24-Hour Price Increase: Up 2.4%
Technical Analysis:
Currently trading 75% below its all-time high of $0.2581 (recorded Nov 14, 2024), $SHRUB shows signs of potential recovery.
$SHRUB’s chart indicates a symmetrical triangle, suggesting a significant breakout is on the horizon. The direction—bullish or bearish—depends largely on Bitcoin’s next move.
With an RSI at 50, $SHRUB is at a crucial pivot point. If it holds its current block structure (BS), it could avoid a bearish break of structure (BOS). Strong support lies near the current levels. If the broader altcoin rally continues, $SHRUB could challenge its all-time high, potentially entering a new bullish phase.
Outlook for SHRUB: What’s Next?
The memecoin market thrives on momentum and community engagement. With altcoins already outperforming, the next surge could spotlight tokens like $SHRUB. Its celebrity endorsement, combined with solid technical support, makes it a contender in the next meme rally.
Key Catalysts:
- Media Attention: Any endorsement or mention by the Musk family could trigger a sharp rally.
- Altseason Momentum: As the broader market heats up, smaller tokens often follow, and $SHRUB is well-positioned to capitalize.
Conclusion:
Shrub ($SHRUB) isn't just another meme; it’s a symbol of charm, resilience, and community spirit. With technical indicators hinting at an impending breakout and fundamental factors driving interest, SHRUB could be poised for significant gains. Keep an eye on this spiky contender—it might just surprise the market!.
DOGE/USDt: Famous Pattern Indicates Continuation To The Upside Falling peaks and rising valleys have built famous Triangle pattern
on the hourly chart of DOGE/USDt.
It's a consolidation after a big rally, which means more upside move is ahead.
Watch the price to break out of the pattern.
The target is located at the widest part of Triangle added to the break point.
Its located at 0.533
Breakdown of Triangle would invalidate the pattern.
RSI has managed to keep above the neutral point during this consolidation.
This supports the idea of further move to the upside
THE BULLS OF BITCOIN [TRUMP+ELON] We're coming out of our corrective pattern with the chance to break into a new ATH once break our ascending triangle. This pattern is often bullish but with CME futures gap in play we can still see another correction before we're off to the 2nd phase of our pattern. Keep an eye on the altcoins and notice the money flow cycle. > > as we make our correction or we see a continuation with our ELLIOT WAVE THEORY . As we enter Q4 we can see people selling for losses or taking profits as we continue to crash upwards into 2025 with interest rates projected to fall in Dec.
Buy. Hold. Realize your profits once your PT's are hit.
With Trump taking office along with Department of Government Efficiency
The digital gold rush begins now.
TSLA Robotaxi “one for the history books” - Elon MuskIf you haven`t bought the dip on TSLA:
Now you need to know that Tesla’s Robotaxi unveiling is generating excitement with its “We, Robot” tagline, a clear signal that the automaker is about to unveil something groundbreaking, potentially bigger than what was imagined in the sci-fi classic I, Robot.
Tesla began sent exclusive invitations to retail investors, influencers, and owners, fueling anticipation around its latest innovation—the Cybercab. Drawing from the attention-grabbing design of the Cybertruck, the Cybercab could mark a significant leap forward in autonomous transportation.
Elon Musk called the event “one for the history books” in a post on X, further boosting speculation about what this could mean for Tesla's future. With heightened interest in the Warner Bros. Studio event in Burbank, California, the buzz surrounding Tesla’s Robotaxi unveiling could signal strong momentum for TSLA stock, as investors anticipate the potential long-term impact of this revolutionary technology.
Bitcoin will hit 100 000 usd in 30 days with or without you🔸So I'm tired of all the bearish BTC charts popping up on
page one and getting 500+ likes doesn't make any sense to me.
My target is 100 000 USD in 30 days or less, so in December we will hit it.
🔸Previously recommended buying low at/near 60 000 usd. trade made money.
🔸We just broke out of major trading range established since March.
This is SUPER bullish. Make no mistake about it. Also DJT won the Elections
this is another massive bullish catalyst. What else do you need?
🔸If you can't make money trading crypto next 30 days probably means
that trading is not for you, look for other opportunities. Harsh reality
and wake up call. If in 30 days or less you can't make 30% unleveraged
gain, it's time to look for other options somewhere else.
🔸Recommended strategy bulls: there will be a pullback. you got two
options. either market buy now and hold for 100 000 USD. or option2
is wait for a shallow pullback and BUY/HOLD from the BUY ZONE on
my price chart. so near 74/75K is the best reload for the BULLS.
good luck, traders!
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Tesla $TSLA - Stocks versus OptionsBased on the Average True Range (ATR) of Tesla ( NASDAQ:TSLA ) stock, it can easily move $10 up or down in one day (see Green candle from today). Based on a move of $10 per share, 100 shares = $1000 gain or loss in a day. To buy 100 shares of TSLA today, it would cost about $23,000. Now consider doing the same thing with Long-term options. 1 call option gives you the option to buy 100 shares for a set price for a set period of time. A Tesla call option with strike price of $220 that expires in June of 2025 would cost about $5,425. The same $10 move in price would result in 1 option = $1000 x Delta %. Delta on this contract is .6629 or 66.3%. Thus 1 option = $1000 x 66.3% = $663 gain or loss in a day. The question is: Do you think Tesla will move $10 higher than the current price before June of next year? Or do you anticipate that TSLA will move $50 higher in the next 'year' (100 shares = $5,000 or 1 option = $3,315? Disclaimer: option Delta changes with price. There is risk associated with investing, especially with options. Also, Elon Musk's social media can impact the stock price.
Dogecoin Price Surge: Could $4 Be On The Horizon?Dogecoin ( CRYPTOCAP:DOGE ) is back in the spotlight, as we predict a potential price surge fueled by a combination of market momentum and high-profile endorsements. With speculation swirling around Elon Musk's rumored "Department of Government Efficiency" (D.O.G.E) initiative, the meme coin may be primed for a remarkable run to $4—and possibly even higher. Here’s a deep dive into the factors driving this bullish outlook.
Elon Musk’s Influence and Political Speculation
Elon Musk has long been a central figure in Dogecoin's market movements, and recent developments have reignited bullish sentiment among investors. The buzz surrounding his possible role in Donald Trump's administration—should Trump return to the White House—has crypto enthusiasts speculating on what that could mean for DOGE.
The concept of Musk heading the Department of Government Efficiency (D.O.G.E), focused on federal cost-cutting, is sparking conversations and triggering memes across the internet. Musk's active engagement with this narrative, coupled with his history of sending Dogecoin’s price upward with a single tweet, has injected new optimism into the market. Furthermore, former Congressman Ron Paul's rumored involvement adds a layer of anti-Federal Reserve sentiment, aligning with Musk’s past criticisms of the central bank. This has raised expectations of an aggressive push for financial decentralization.
Donald Trump's potential victory and his ties to Musk could amplify Dogecoin’s mainstream adoption, as both figures have hinted at major government and financial reforms. With such political developments on the horizon, some analysts argue that DOGE could experience unprecedented rallies.
Technical Analysis:
On the technical front, Dogecoin has seen a significant price action over the past 24 hours. As of the latest data, CRYPTOCAP:DOGE spiked 17%, trading at $0.1991, with a 24-hour peak at $0.2133. The trading volume has also surged by 266%, reaching $11.77 billion, reflecting strong market activity and growing investor interest.
The Relative Strength Index (RSI) currently sits at 70, indicating that CRYPTOCAP:DOGE is in overbought territory. While this suggests potential for a near-term retracement, the coin’s bullish momentum remains robust. Should the market cool off, analysts are eyeing a key support level at $0.17. A dip to this level could provide a healthier consolidation phase before another potential breakout.
On the upside, a break past the $0.2133 resistance could pave the way for CRYPTOCAP:DOGE to target $0.50 and beyond. The combination of high trading volume, a rising Futures Open Interest (up 23%), and growing market confidence is reinforcing bullish forecasts.
Market Experts Weigh In
Ali Martinez, a well-known crypto market analyst, has projected that Dogecoin could soar to $4 in the coming days. Citing historical price patterns and Musk's renewed focus on crypto, Martinez emphasized the possibility of a further rally, with some even speculating a moonshot to $23. This echoes sentiments from veteran trader Peter Brandt, who stated, “In Musk We Trust,” as he also predicted a new all-time high (ATH) for DOGE.
Brandt and Martinez are not alone in their optimism. The broader crypto market has seen a surge, with Bitcoin and altcoins rallying amid positive developments, adding fuel to Dogecoin's bullish momentum. With the meme coin market enjoying a revival, Dogecoin appears well-positioned to ride this wave.
Community Strength and Market Sentiment
Dogecoin’s loyal community continues to play a pivotal role in its market dynamics. The combination of Musk's influence and the anticipation of his initiatives has further galvanized support. The meme coin's fans remain optimistic, sharing rally cries across social media platforms, which has historically proven to be a potent catalyst for DOGE’s price movements.
However, market participants are advised to approach with caution. While the hype is undeniable, DOGE’s price history suggests that sudden swings and retracements are not uncommon. Monitoring key support levels and watching for confirmation of bullish patterns will be crucial for traders.
Conclusion
Dogecoin is once again at the center of the crypto world, buoyed by a perfect storm of bullish technical indicators and speculative fundamental drivers. The prospect of Elon Musk’s D.O.G.E initiative and its political ramifications could propel DOGE to new heights. While short-term volatility is expected, the long-term outlook appears promising as market enthusiasm builds.
With the potential for a major price rally and historical ATHs within reach, Dogecoin’s next moves could be transformative. Whether it’s Musk’s plans or the market’s evolving dynamics, DOGE remains a cryptocurrency to watch closely. As always, investors should stay informed and consider both the opportunities and risks in this ever-volatile market.
TSLA to $600Ahh finally we have new president. With Trump as a president Elon Musk will get financial position in goverment and Trump fully supports him.
I do expect the TSLA price to do something way more insane than $600. I'm expecting from TSLA moves similar to NVDA or some of the ".com" bubble stocks.
We're pre-rich.
Gold after U.S. election : Since rising tensions have played a significant role in the recent increase in gold prices, let’s look at each U.S. presidential candidate’s approach to handling these tensions and their future plans.
Kamala Harris, representing the Democratic Party, is focused on diplomatic efforts to reduce conflicts in the Middle East. She generally follows the Biden administration's approach, aiming to ease hostilities through aid and international agreements, including a two-state solution for Israel and Palestine. This approach may help stabilize markets by reducing the volatility tied to prolonged conflicts.
Donald Trump, the Republican candidate, takes a more aggressive stance. He supports a strong alliance with Israel, endorses military responses to threats from Iran and its regional affiliates, and prioritizes U.S. strength and independence. Trump's “America First” stance could lead to continued or heightened tensions, which historically correlates with higher gold prices due to investor flight to safe-haven assets.
In summary:
Kamala Harris: Diplomatic de-escalation, which may stabilize gold prices.
Donald Trump: Military strength and strong alliances, likely to keep prices high in case of increased tension.
These policy differences could significantly impact markets depending on which candidate wins.
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DOGECOIN MAJOR BUY ZONE INCOMING AND POTENTIALLY LOWER?Here's the important numbers for doge at the moment.
You can adjust them a bit for your needs.
There is some really short term indicators that, when reset, put everything in alignment to see a lot of bullish movement coming into DOGE.
Again, because the market is the market it can easily break through this strong trend it's about to hit.
Good news is it falls to support at .0888
Even better news, should it fall more, there is support at an even lower level, likely.
I'd be looking to see if I can get my position set soon.
I think there is a bullish future for this good dog.
Watch SHIB for a bigger move to the upside, with a drop that would be to basically zero.
Doge has the support to take it up to .29 and maybe even .45, and as quick as dogecoin can confirm a jump like that, you'll see it at probably $10.
I've been consistently super bullish on this coin, and currently, I'm liking the look of the chart.
"Bitcoin to $100K by 2024? Here’s Why $270K by 2030 Isn’t Far OfBitcoin is dancing around the $61K mark with intense volatility, but here’s where it gets exciting. I predict BTC will skyrocket to $100K by the end of 2024, riding the wave of bullish momentum from the upcoming halving event. Looking even further ahead? With institutional adoption ramping up, we could be staring at a jaw-dropping $270,593 per Bitcoin by 2030. This could be the start of something huge—what do you think? Let’s spark the conversation!
Tesla Long - Elon for President?Hello everybody.
Storyline: Elon for President? You can bet that Tesla will pump if Trump wins the elections. Besides of that, rising china sales, unveiling the robotaxi etc. pp. There are many things imo which speaks for Tesla while the masses brag about his political views.
Market: Decreasing rates, good looking economic data for the US at least.
Chart: Keep it simple! Did we create lower low on the weekly? No? Why shouldn't we attack the top 25% of the weekly swing then to confirm that we "really" do wanna go further down. I don't know and it's not in my interest to know if Tesla might even break that prior weekly high, but I do know that we logic wise should attack the top of the swing to either confirm the bearish idea or create even a higher high. Additionally, just as an idea, think of laddering. Look at the higher timeframes how we bounced off major weekly / daily levels and slowly steady climb up.
Best of luck!
Musk's Warning to Gates Backfires: Tesla's Mixed Q2 ResultsApproximately a week ago, Elon Musk cautioned Bill Gates against shorting Tesla stock, suggesting potential negative consequences. However, the situation has shifted, with Tesla's stock price experiencing a significant $20 drop following the release of its earnings report in the aftermarket.
Tesla's Q2 2024 results were a mixed bag, leaving many questions unanswered. While sales increased by 7% compared to the previous year, overall revenue from car sales declined. This news is concerning for investors who primarily view Tesla as a car manufacturer.
Additional points of interest for investors include the timeline for the release of Tesla's new range of affordable vehicles designed to compete with aggressive Chinese manufacturers, which is expected in the first half of 2025. Moreover, the company has postponed plans for increased factory productivity and the unveiling of self-driving vehicles until 2025 and October 2024, respectively.
The lack of clear communication from Elon Musk and his team regarding these developments has contributed to investor uncertainty and subsequently impacted the share price.
Key takeaways from Tesla's Q2 2024 results
Earnings per share (EPS) : $0.61, down from $0.91 in Q2 2023 but up from $0.45 in Q1 2024.
Revenue : $20.16 billion, a 5% decrease compared to the same period last year, but a 16% increase from Q1 2024's $17.38 billion.
Deliveries : 444,000 vehicles, exceeding expectations but still 5% lower than the same period last year.
Several factors have contributed to a decrease in demand for Tesla vehicles, including high-interest rates, which make financing vehicle purchases more expensive for consumers. Additionally, the impact of Tesla's aggressive price cuts from the previous year is diminishing, and competition is intensifying, particularly in the Chinese market. In the domestic market, Tesla is losing ground to competitors like General Motors and Ford.
Despite these challenges, Tesla's share price had experienced a 33% increase in the first eight days of the month, adding $209 billion to the company's valuation.
Looking ahead
The weekly chart indicates that Tesla's share price has rebounded from its April 2024 low of $140, surpassing the 200-day simple moving average (SMA) and the falling trendline from November 2021. Buyers will aim to reclaim the September 2023 high of $278 before targeting the 2023 high of $300. Immediate support levels are at $230 (200 SMA) and $223 (falling trendline). A drop below these levels could lead to the 100 SMA at $210 becoming a potential downside target.
Meme Coins Up Next? Doge DogecoinWill Elon lean into Dogecoin like Roaring kitty(Keith Gill) leaned into GameStop( NYSE:GME )? Meme Stocks are taking off again. What about the meme crypto coins? Is it time to start looking into crypto trades? Doge is finding support at the 200 and 100 EMAs. Doge just needs to breakout to the upside. Doge is one to watch. If you are not into direct crypto, look into Coinbase( NASDAQ:COIN ) stock, bitcoin ETFs or Meme crypto miner stock.
TSLA's triangle just broke—can it reclaim or will it slide?NASDAQ:TSLA reported quarterly earnings after hours. The initial reaction has been negative but that can sometimes change during the volatility that continues during the conference call and later the next few days.
This post will not delve into the fundamentals as a some prior posts have done. After all, markets are presumably efficient and discount all new information very rapidly, and surely algorithimic programs have already processed the report and its ramifications for the future. So the following charts will look at technical analysis alone.
From a technical perspective, TSLA had been in a large triangle that appears to be breaking over the last couple of weeks. This is true on both logarithmically scaled charts and linear / arithmetic charts. The log-scaled chart shows a somewhat bigger break so far than the linear scaled chart.
Supplementary Chart A shows a logarithmically scaled chart of this triangle.
Supplementary Chart A (Log)
Supplementary Chart B (Linear)
TSLA has been in an uptrend since its bear-market lows in early January 2023. But as prior posts have discussed, the next larger degree of trend is surely sideways, going back to the all-time highs. A simple box drawn around price on a monthly or weekly chart since even somewhat before the all-time highs shows this sideways range.
Next, consider that since the all-time high was reached, TSLA retraced to its 61.8% Fibonacci retracement and failed on its first attempt at cracking that level as shown in the next chart.
Supplementary Chart C (61.8% Fibonacci retracement)
Furthermore, TSLA has struggled mightily at its all-time high anchored VWAP. At least six major breakout attempts above this VWAP have failed since TSLA formed its all-time high. See Supplemental Chart D below, showing the all-time-high VWAP in magenta. So have the failures to succeed in a break above this VWAP exhausted themselves so that next one or two will surely succeed as the bulls might want to argue? Or have the failures only reinforced the bears' case? Until price can recover this $234 area, it's tough to be bullish on TSLA.
Supplementary Chart D
More recent anchored VWAPs also make the bull case difficult to see for the time being. These are shown in the next supplementary chart. The key levels from these VWAPs are $241.72 and $214.62.
Supplementary Chart E (Other Major VWAPs)
And price hasn't been able to poke a head above the YTD anchored VWAP either the last 3 weeks as shown in Supplementary Chart F.
Supplementary Chart F (YTD VWAP)
Finally, consider that the major 61.8% Fibonacci retracement of the current uptrend from January 2023 lies at $177.25. This is an all-important support level for bulls who think TSLA is merely consolidating its uptrend from January 2023 lows.
Supplementary Chart G (Another 61.8% Fibonacci retracement from the January 2023 lows to July 2023 highs)
These technicals don't present a trade idea or attempt to reinforce a bear or bull case for anyone who is so positioned. But it does attempt to read the technical landscape as it now stands, without any sort of bullish or bearish bias from fundamentals or macro environment. The overall case isn't bullish until key levels can be recovered. Until then, lows might be tested if price can't quickly find its way back into the consolidative safety of the triangle shown.
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Author's Comment: Thank you for reviewing this post and considering its charts and analysis. The author welcomes comments, discussion and debate (respectfully presented) in the comment section. Shared charts are especially helpful to support any opposing or alternative view. This article is intended to present an unbiased, technical view of the security or tradable risk asset discussed.
Please note further that this technical-analysis viewpoint is short-term in nature. This is not a trade recommendation but a technical-analysis overview and commentary with levels to watch for the near term. This technical-analysis viewpoint could change at a moment's notice should price move beyond a level of invalidation. Further, proper risk-management techniques are vital to trading success. And countertrend or mean-reversion trading, e.g., trading a rally in a bear market, is lower probability and is tricky and challenging even for the most experienced traders.
DISCLAIMER: This post contains commentary published solely for educational and informational purposes. This post's content (and any content available through links in this post) and its views do not constitute financial advice or an investment or trading recommendation, and they do not account for readers' personal financial circumstances, or their investing or trading objectives, time frame, and risk tolerance. Readers should perform their own due diligence, and consult a qualified financial adviser or other investment / financial professional before entering any trade, investment or other transaction.