Wicked Stocks on TSLA

“I do think the market is likely to chip away at this level today.”

“Despite the strength that we've seen here over the last few days, this is still a market to sell if given the opportunity. And I'm talking long-term.”

“this is still a market to sell if given the opportunity at 392.09. And I'm talking long-term.”

“I do think you can aggressively play the short side of the market. In other words, you don't want to be long Tesla on an overnight basis.”

“We still remain in a long-term sell signal having closed two months ago below this channel bottom.”

“you're buying strength above 40865 and under that scenario I'm expecting the 540s 550s over the following 3 to 5 months.”

“I see no compelling reason to be long Tesla through the rest of the year unless we close back above 38975.”

“Until then, we are anticipating longerterm bearish rotation through the rest of the year.”

“we are still, at least long-term, over the next three to five months, bearish Tesla, anticipating ultimately 228.63 over the next two to three months.”

“we settled below this 18-month channel bottom that set off a long-term sell signal that is still in effect.”

“The emphasis remains to the upside.”

“that set off a longer term sell signal and we're a solid month into that now 22824 likely let's just call it by the end of the year that is what we're anticipating”

“I don't see a reason to go long Tesla long-term which for me is a 3 to 5 month time horizon unless we close also above this descending channel top.”

“I would expect the market to fall within 2 or 3 weeks back into the low 290s.”

“I do think over the next couple of weeks, we can push onward and upward.”

“that shouldn't come as a great surprise given our overall bearish framework that exists below 37805 anticipating the 220s by the end of the year essentially.”

“In our view, the current advance remains a counter-trend rally within a broader bearish structure unless Tesla can reclaim key long-term resistance.”

“This former channel bottom can contain buying for the week and even through the rest of August we can fall away from here.”

“This is by definition a counter trend rally. Counter trend rallies are prone to fail prior to reaching their obvious objective.”

“I'm not comfortable doing it until we test our objective at 227.85, and then I think you can scale into a long position that could play out long-term.”

“We could fall away from here for the rest of August back into the 290s again.”

“Unless we close below 338.27 on Friday, and that would need to be by a 1% margin of 334.87 or lower, then we enter another significant 3-to-5-month sell signal. And then we would expect 224.55 over that time horizon”

“if we close back below 361.59 today, we should see a retest over the next 3 to 5 days of 338.27”

“we should then see 432.90 by the end of May”

“386.93, which remains a 2-to-3-week target above 338.27.”

“I would like to say that we closed in a buy signal anticipating 386.93 now over the next 3 to 5 days.”

“if we close the week Friday at 33487 or lower, we enter another significant sell signal that should within 3 to 5 months, possibly sooner, yield the 220s”

“43290 remains our 2 to 3 month roughly objective. Could take 3 to 5 months before reaching it when it's then in the 450s essentially”

“what I also see as a 2 to 3 week likelihood above 33827 is this upper 380s 38816 descending channel top and it does become a 3 to 5 day target with a settlement today above 36406”

“holding above 34966, a level that can be bought on an intraday basis and I'm talking to day traders now or 1 to 2 day swing traders above 34966, we should over the next day or two quite possibly today test 36406”

“That would come on weakness with a settlement below 334.87, expecting 299.29 within 2 or 3 weeks.”

“If, however, we happen to push or open, especially, above 349.13, we just might see 366.54 today.”

“Holding above uh 338.27, that long-term channel bottom I just showed, will keep uh 389.39 to 390.12 in reach as a 2 to 3 week target. And yes, I am calling it a target now.”

“If we were to close below 338.27 by at least a 1% margin of 334.87, so a Friday settlement of 334.87 or lower, we have another significant sell signal... expecting then to 224.55. 2 to 3 months, 3 to 5 months, something like that.”

“But longer term, having tested this channel bottom, and this does span uh about a year of activity, um we can round up into the 530s.”

“The market can now for staying with this chart over the next 2 to 3 months rally back to 432.90.”

“You're holding out for the low 390s where profits can be taken on a long position”

“within 3 to 5 months or sooner 224.16”

“If we close at 332.57 or lower this week, I would expect 299.29 within 1 to 3 weeks”