Tesla
Updated

TESLA $TSLA | TESLA MOMENTUM AFTER EARNINGS - Apr. 24th, 2024

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TESLA TSLA | TESLA MOMENTUM AFTER EARNINGS - Apr. 24th, 2024

BUY/LONG ZONE (GREEN): $165.00 - $181.00
DO NOT TRADE/DNT ZONE (WHITE): $160.00 - $165.00
SELL/SHORT ZONE (RED): $141.25 - $160.00

Weekly: Bearish
Daily: Bearish
4H/2H: DNT, lean bullish

TSLA earnings report yesterday had price move around 16% to the upside. Currently price has pulled back to around only a 10% gain. I tightened the new DNT zone so bears and bulls can have early entries in their respective directions. Bulls should be looking for a close above 165.00 and bears should be looking for a close below 160.00.

I did not label every level of importance because I didn't want to make the charts too messy and I used the 2H timeframe today instead of the 4H because I wanted to show the extra price action.

Linked below are the two previous ideas from this year!

This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!

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TSLA has rallied out of the DNT zone and into the bullish zone.

1H View:
snapshot

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