Warning: file_exists(): open_basedir restriction in effect. File(/var/www/vhosts/youtubersblog.com/public_html/wp-content/db.php) is not within the allowed path(s): (/var/www/vhosts/youtubersblog.com/:/tmp/) in /var/www/vhosts/youtubersblog.com/public_html/wp-includes/load.php on line 549
Tesla is moving into a massive new market // one analyst is calling for tesla to crash 50% – Matt Kohrs

Surplus electronic parts : https://epartsconnect.com
Stock and Crypto AI Prediction : https://stocksignalslive.com

Tesla will be expanding its reach in 2021! BIG things to come!
This video explains what the analysts are saying, maps out the key price levels, and covers everything else you need to know. Enjoy!
Let me know your thoughts on Tesla Stock in a comment below!
🚀 Join the MoonGang: http://bit.ly/MattKohrs
🌎 Trading Group: http://bit.ly/SMDTrading
✅ Charting Software: http://bit.ly/TradingViewChartingSoftware
Want FREE stocks? Once you deposit money, we both get free stocks!
Checkout these brokerages:
💰 Webull: http://bit.ly/MKohrsWebull
💰 Robinhood: http://bit.ly/MattKohrsRobinhood
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Performance results are hypothetical and all trades are simulated. Past performance is not necessarily indicative of future results.
#Tesla #TeslaStock #TeslaPricePrediction
Video Topics:
tesla stock, tesla, tesla stock prediction, tesla stock analysis, tesla stock today, tesla stock news, tesla stock analysis today, tesla stock price prediction, tesla stock predictions 2020, tsla, tsla stock, tesla s&p, tesla s&p 500, tesla s&p 500 inclusion, tesla s&p 500 impact, tesla s&p 500 inclusion analysis, tesla s&p inclusion, tesla s&p 500 news, top stocks, best stocks, best stocks to buy now, best stocks to invest in 2020, investing, how to make money, trading, kaswrp

What's up moon gang, i hope you're having an awesome day today, i will be sharing an update on tesla and its stock. First i'll be going over a recent announcement related to tesla's expansion into india, then i'll be covering some pretty bearish comments from wells fargo and, finally, i will be doing a technical breakdown of tesla stock, so we know what price levels to pay attention to over the Next few trading days, but before i get into all that fun stuff as a quick reminder, don't forget to drop a like and hit the subscribe button. All that support is truly appreciated and now without further ado, let's get started well. This is something that should get the bulk camp excited.

Tesla is once again looking to expand its reach tesla to make india debut early next year. According to a top indian minister, tesla will begin operating in india. In early 2021., tesla's operations will begin with sales. In early 2021 and then maybe look at assembling and manufacturing vehicles in the country, there are some rumblings about a new gigafactory in india, but none of that has been confirmed quite yet.

Overall, i do think this is a pretty smart move. India is a pretty considerable market, it's the largest solar power market and it was announced by 2030. India will only be selling evs, it seems, like things are aligning pretty nicely for tesla. However, not all analysts are so bullish on the stock.

It was just reported that wells, fargo's top predictions for 2021 include a warning for tesla investors. Chris harvey of wells fargo released his 10 predictions for next year and his number one prediction was tesla becomes the new aol when he was talking on trading nation. He said it reminded us so much about 1998. The late 90s aol similar to tesla had a game-changing technology, incredible performance and it goes into the s p 500 index late in the year in december, after an amazing run, but it was a seminal event.

Here's mr harvey's reasoning, aol the former king of media, saw its influence unraveled because it failed to keep up with the rapid pace of technology. Harvey warns that the electric automaker could suffer a similar fate after 1999. Many tech and growth companies lost 50 to 100 percent of value, we're thinking in 2020. Everything happens much faster, so if it took 12 months for the end to begin now, it's going to take 6 months now.

Obviously, everyone is entitled to their own opinion. It's what makes the world go round, but i personally believe that chris harvey is dead wrong. First of all, he was talking about failed to keep up with the rapid pace of technology. Tesla is literally on the cutting edge of automotive, autonomous and ev technology, and i really don't see a world in which, over the next six months, that tesla loses 50 to 100 of its value.

To me, it's just an impossibility. As of now, tesla is the leading ev company and over the next decade the ev wave will continue to get bigger and bigger because of the current social and political push, i'm in no way guaranteeing that tesla will gain another 700 next year. But i strongly believe that it will be positive on the year and it will most likely not even get close to losing 50 percent no less 100. I'm really starting to think that wall street analysts come out with headlines and opinions like this just for clickbait, because when it comes down to it the bears have been absolutely destroyed by tesla's stock alrighty.

The market is now closed. For the first day of the last week of the year and three of the major indices were all in the green and so was tesla tesla stock managed to gain 0.3 percent, which puts it just below 664 dollars from the start of the year until right now, Tesla's up an incredible 700: this is the current technical situation that tesla stock is in for those of you who are new to the channel. Here's a quick summary of what's been going on the last major relative high came at the start of september, and that was just above 500. This happened right after the company's five for one stock split after this point, tesla ended up, selling off and eventually found support at 330 dollars.

Then the stock ping pong back and forth a bit and it formed this triangle, which is also referred to as a bullish. Pennant, it gets its name because it commonly breaks upward and that's exactly what happened, and this led to a double top rejection, just above 460 dollars from mid-october until the start of september, tesla, the ev sector and really the overall market sold off and tessa eventually found A new higher low at 380., this led to two weeks of pretty boring action, which is a word. You really don't hear that, often in reference to tesla and then in mid-november it was announced that tesla would be included in the s p 500 and this absolutely skyrocketed tesla stock. From the point of the announcement to right now, tesla is up 62 and at its all-time high it was up 70, as you can see.

Most recently tesla was rejected at this trend line, which is formed from that last relative high at 500, and then the most recent relative high from mid-december. It is worthwhile to note that this rejection is coming on the back of some bearish divergence. What i mean by that is from mid-december up until december 17th. The stock did make a new relative high, but the rsi didn't.

This divergence is referred to as bearish divergence, because it's commonly assigned that the buyers are starting to get a bit exhausted. And it's common to be followed by a period of consolidation or potentially even a decline. If this bearish momentum were to continue, the next support would come at 654, which is where the stock was rejected on december 9th past that i would recommend watching 607, which is where tesla bounced on two occasions and was also rejected in late november and from there. It is a bit of a reach target, but i would recommend paying attention to this bottom trend line.

On the flip side, though, if these five trading days is all the consolidation that tesla stock needs and today's rejection was more of a fake out just a screw with the bear cam's head, it can be argued that the rsi does now have enough room to run And if that were to happen, the first resistance would come at 695 and past that we would have to let price discovery play itself out to understand the new technical levels of resistance in more of a general sense. I'm in no way saying that this has to happen, but i would personally be very interested in investing in more shares of tesla around 600, which could potentially align with this trend line and the previous support of 607. Now, to get a better idea of what tesla stock might do over the next few training days, let's check out the four hour chart when you include pre and post market trading, you can better see this upward channel that tesla stock was caught in from mid-november up Until the start of december, these channels are referred to as bear flags and that's because they commonly break downward and that's what tesla stock ended up doing and eventually support was found at 541 from there the bulls tried to get tesla back into this channel on three Separate occasions and on the third failed attempt, tess was then knocked down to 566. from there.

The stock didn't really do much as we were waiting for it to be put into the s p, 500, and then the day before inclusion, there was a fake out breakout, which led to an undershoot of the support at 608. From a technical perspective, this was not a good breakout to buy one of the reasons we know that is because check out this bearish divergence from the last relative high on december 8th compared to this new all-time high. Clearly, the stock was a greater value, but the rsi wasn't this divergence led to a sell-off and a bit of consolidation, which is what we've been battling with most recently, whether tesla decides to bounce at 658, 645, 620 or even 608. The main thing we want to watch for moving forward is as tesla breaks out and hits a new all-time high.

We wanted to bring the rsi with it, so there is no divergence moving forward. I would highly recommend paying attention to how tesla stock reacts to this trend line on attempt number four and also be prepared for a pretty sizable move. As you can see, these swings from high to low and back again have been getting smaller and smaller and in the world of trading periods of consolidation are followed by expansion, as things continue to develop with tesla from both a fundamental and technical perspective. I'll make sure to keep you updated in future videos so make sure you have your notifications turned on.

I would love to get your thoughts on tesla. What do you think about the company's expansion into india and do you think it's realistic that tesla's stock price could get cut by more than 50 percent over the next year? Because i surely don't think so. Also, as a quick side note, i'm thinking about starting a new series where i actively trade an account and share all those moves with you. If that's something that you'd be interested in, let me know by dropping a like and leaving a comment thanks for watching and until next time best of luck in the markets, you.


15 thoughts on “Tesla is moving into a massive new market // one analyst is calling for tesla to crash 50%”
  1. Avataaar/Circle Created with python_avatars Roger Tent says:

    Great content definitely interested in your future endeavors

  2. Avataaar/Circle Created with python_avatars Big D says:

    Wells Fargo is full of crap and should go out of business. I would not spend a dime of the money I have made off TESLA with Wells Fargo ever. Pure Trash Analysis. Tesla is the innovator of all innovators. Chris is a dumb ass, big O powered idiot. in my opinion, allegedly stupid crap.

  3. Avataaar/Circle Created with python_avatars youssef makki says:

    bla bla bla

  4. Avataaar/Circle Created with python_avatars flordeliz120 says:

    Great informative video. Subscribed your channel as well, I like the entry targets you advise on the videos. Thanks for your work and dedication in helping us all.

  5. Avataaar/Circle Created with python_avatars Can'tStopWon'tStop says:

    I will bet my house against wall street analyst about TSLA… Oh wait I already did.

  6. Avataaar/Circle Created with python_avatars Passive Journey says:

    Tesla is going to trend down in 2021. Every single good news has been priced in. sold all my position, up 1200%

  7. Avataaar/Circle Created with python_avatars Colibri Travel says:

    Elon Musk said that taking Tesla private is impossible. What does that mean? Does that have anything to do with the proposed holding company X?

  8. Avataaar/Circle Created with python_avatars TFC says:

    Thank you Matt. I would very much appreciate you starting an account that we could follow and mimic, particularly if you could include some option trades, which are still a mystery to me.
    I have one share of TSLA and a weekly $25 buy for the purpose of dollar cost averaging. I also own a bunch of NIO, and APPL as well as supporting EV stocks.
    I think the India news is great, but the Germany news was disappointing (an injunction against cutting more trees at the factory site).
    The half million cars delivered this year (if they actually make that goal) is great news and should help the stock break out. I think we’re just resting for a while.

    Thank you again, and all my best. Again, I love the idea of sharing stock buys.

  9. Avataaar/Circle Created with python_avatars TMF Motivation says:

    Who will do better in 2021 TSLA or NIO???

  10. Avataaar/Circle Created with python_avatars vrm2008 says:

    INDIA- hardly anyone can afford a Tesla there- roads are trashy and EV charging is non-existent. Honda Civic is considered a luxury car- good luck selling Tesla's there- what a JOKE!

  11. Avataaar/Circle Created with python_avatars Seth McCutchen says:

    I believe Tesla will continue to be an industry leader. Elon Musk is highly focused on his product development and less focused on bringing awareness through marketing. He knows the quality of his work speaks for itself. All the extra noise is rubbish, there’s a pool of money waiting to get in even in a little drawdown. Tesla is a bullish market, number one rule of trading is to trade with the trend.

  12. Avataaar/Circle Created with python_avatars John Bridge says:

    Why are these analysts so bearish on TSLA??? Haven't they learned their lesson?!

  13. Avataaar/Circle Created with python_avatars Penny Stocks says:

    Thanks for the update and a public account would be awesome!

  14. Avataaar/Circle Created with python_avatars Alpha Trades says:

    This was great!

  15. Avataaar/Circle Created with python_avatars Seth McCutchen says:

    This is a high quality video. I appreciate the professional presentation and transparency of thought. Excellent video! 🥶

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.