Get started

Tesla

TESLA Has Elon made his miracle again? 4 month Resistance brokenNews quickly broke out that Tesla (TSLA) has received tentative approval from Beijing to launch its driver assistance software in China. This development occurred during a surprise visit by CEO Elon Musk to Tesla's largest market outside the US. Chinese authorities have agreed to allow Tesla to introduce its Full Self Driving (FSD) solution, leveraging mapping and navigation technology from Baidu (BIDU), the Chinese tech giant. This has so far pushed Tesla's shares more than +7.00% premarket. Just 2 weeks ago (April 15, see chart below), while TSLA's price was at $166, we made a case why a potential 1D MA50 (blue trend-line) bullish break-out after laying off more than 10% of its staff, could be its 'META moment', just like the social media giant did in November 2022 and bottomed: Of course each case has its differences but as we can see, Tesla did make a similar bottom on April 22 and will most likely open above the 1D MA50 today for the first time in almost 4 months (since January 08 2024)! That is a major bullish break-out for at least the medium-term as each time the stock did that in 2023, it didn't stop there and rather went for a Lower High on the dotted trend-line. Technically it should make contact with as least the 1D MA200 (orange trend-line), in order to allow the market given the fundamentals at the time to decide upon the longer term trend. As you can see, there is a huge Bullish Divergence on the 1D RSI, which has been trading within a Channel Up against the price's Channel Down since late January. As a result we set a minimum $210.00 Target on a 6-week horizon and then we will re-evaluate the longer term on the 1W time-frame. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:TSLALong
by TradingShot
2
TESLA Set To Grow! BUY! My dear subscribers, TESLA looks like it will make a good move, and here are the details: The market is trading on 147.01 pivot level. Bias -Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 155.99 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
NASDAQ:TSLALong
by AnabelSignals
5
JP Morgan Chase & Co. Hitting The Top The JPMorgan Chase CEO's WSJ was interviewed recently with Wall Street Journal Editor-in-Chief Emma Tucker, for a range of topics. JPMorgan Chase & Co. Chief Executive Jamie Dimon ranked geopolitics as his top worry and said he's less optimistic about a soft landing than Wall Street in an interview on Thursday. While Wall Street seems to be betting of a roughly 70% chance of avoiding a recession in a so-called soft landing in the economy, Dimon said he sees the odds about half that. The green economy, the remilitarization of the world, fiscal deficits and geopolitics are all factors that could keep inflation higher for longer, he said. "When I look at the range of possible outcomes, you can have that soft landing," Dimon said. "I'm a little more worried it may not be so soft and inflation may not quite go away as people expect. I'm not talking about this year - I'm talking about 2025 or 2026." While the economy continues to do well for the majority of Americans due to low employment, rising home values and stronger stock prices, the threat of slow growth and inflation - stagflation - from roughly 45 to 50 years ago could return. "It looks a little bit like the 70s to me," Dimon said. "Things looked pretty rosy in 1972. They were not rosy in 1973. Don't get lulled into a false sense of security." Dimon said he has "enormous respect" for Jerome Powell when asked whether the Fed chairman is doing a good job as the central bank signals that it's not in a hurry to cut interest rates. "I think the Fed was probably late in raising rates," Dimon said. "They caught up. They're probably right in watching right now. We don't know what's going to happen. They might as well wait." Dimon declined to state a preference in presidential candidates and said the bank would work with whomever is in the White House. Biden's economic policies are working "partially," he said, party due to the huge amounts of economic stimulus such as the Bipartisan infrastructure bill, which Dimon praised. But the bottom 20% of wage earners in the U.S. continues to struggle. "If you go to rural America, or inner cities, I'm not sure they feel they're being lifted up by this economy," he said. He avoids social media but said he pulls up popular destinations such as TikTok once a year to see what's happening on them. "I am not a fanatic on the phone....I think people should spend a little less time on that and a little more time thinking," Dimon said. "I'm not on any social media." In technical terms, JPMorgan Chase's stock (JPM) has risen 14.43% so far in 2024 (compared to a 7.48% gain by the S&P500), hit the Upper side of Long-Term upside channel near $200 per share, able to further technical declines.
NYSE:JPM
by Pandorra
⭐️ XAU/USD : First LONG, Then a huge SHORT (READ THE CAPTION)Upon reviewing the gold chart on a weekly timeframe, we observe that after closing at $2393 last week, the price began a steep decline and even corrected to $2295! After constructing bullish candles for five consecutive weeks, this week we are witnessing the formation of a bearish candle, and it remains to be seen how far this decline will continue. If the price closes below $2344, we can expect further declines in gold next week. The $2344 mark is significant as it was last week’s opening price. This analysis will be updated, and we will discuss it further. Finally, I must mention that if we have a bearish candle next week as well, we could anticipate a medium-term decline in gold to $2225. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
FOREXCOM:XAUUSDShort
by ArmanShabanTrading
101
TESLA $TSLA | TESLA MOMENTUM AFTER EARNINGS - Apr. 24th, 2024TESLA NASDAQ: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 - $160.00 Weekly: Bearish Daily: Bearish 4H/2H: DNT, lean bullish NASDAQ:TSLA earnings report yesterday had price move around 16% to the upside. Currently price has pulled back to around only a 10% gain. I tightened the new DNT zone so bears and bulls can have early entries in their respective directions. Bulls should be looking for a close above 165.00 and bears should be looking for a close below 160.00. I did not label every level of importance because I didn't want to make the charts too messy and I used the 2H timeframe today instead of the 4H because I wanted to show the extra price action. Linked below are the two previous ideas from this year! This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, tesla, NASDAQ:TSLA , tsla, teslaearnings, teslatrend, teslamomentum, teslalong, teslashort, teslatrade, teslaidea, tesladirection, teslaearningsreport, teslareport, teslarelease, teslamodel2, teslamodel3, teslamodel3performance, teslaconference, teslanews, teslacall, teslaput, teslaoptions, teslapatterns, teslachartpatterns, teslasupport, tslatrend, tslamomentum, tslatrade, tslalong, tslashort, teslabuy, teslasell, elonmusk, elon, nasdaq, ndx, ndq, qqq, us100, nas, tech, techstocks, ev, evstocks,
NASDAQ:TSLA
by TonyAiello
TESLA ready to start it's run? Long with a 300$ TARGETTesla has been one of the worst performing NASDAQ100 listed stocks for the past year. Now its the time for the trend to change. In our humble opinion of course. We finally have an actionable set up with a falling wedge and the completion of a bullish 886 harmonic. The trade set up is standard and what really were looking for, for a long term run, is a break and confirmation of 180$, as shown below. The 4h targets are traditional targets for the 4h set up.
NASDAQ:TSLALong
by SynergyTradingSetups
⭐️ EUR/USD - Amazing Bullish move , What's Next ? (READ)By checking the #Euro_Dollar chart in the 2-hour time frame, we can see that the price moved to higher targets exactly as we expected, and we have seen +90 pips yield up to this moment! As you can see on the chart, the price has currently reached a supply range and that is why the initial reaction to it was negative! Therse is a possibility of price correction up to 1.067 and after that, by stabilizing the price above this level, we can enter another LONG position again! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
4
TESLA $TSLA - April 8th, 2024TESLA NASDAQ:TSLA - April 8th, 2024 BUY/LONG ZONE (GREEN): $181.00 - $208.50 DO NOT TRADE/DNT ZONE (WHITE): $162.00 - $181.00 SELL/SHORT ZONE (RED): $135.00 - $162.00 Weekly: Bearish Daily: DNT - Lean Bearish 4H: DNT NASDAQ:TSLA has been trading through a clean range for about a month now. There was strong bearish momentum that ran through my DNT zone and into my bearish zone before creating the range. There have been four tests to the bottom level of the zone @ 166.00/162.00 and three tests to the top level of the zone @ 177.50/181.00, currently approaching a potential fourth test of the top of the zone. For early entries for bulls and bears all of the zones can be adjusted as follows (shortening DNT zone, extending bearish and bullish zones): Bullish: $177.50 - $208.50 DNT: $166.00 - $177.50 Bearish: $135.00 - $166.00 The weekly timeframe has strong bearish structure, the daily timeframe has the range shown but still holds bearish structure, and the 4H timeframe most recently has developed bearish structure but has created the range so I have labeled it as DNT as there is no clear direction that price is following. There have been slight level adjustments compared to my previous post that better fit the current structure price has created. I have drawn arrows on the range for easier distinction for what I am looking at, combined with potential breakout arrows and potential breakdown arrows. Both the bulls and the bears have roughly a 15% +/- price change as the targets I have shown. 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! tesla breakout, tesla range breakout, tesla range, tesla breakdown, tesla range breakdown, trendanalysis, trendtrading, priceaction, priceactiontrading, technical indicators, support and resistance, tesla target, tesla sales, teslaprice, teslatrade, teslaidea, tesla, NASDAQ:TSLA , solareclipse, april8solareclipse, teslalong, teslashort, teslabuy, teslasell, teslaoption, teslacall, teslaput, nasdaq, teslanasdaq, us100, techstocks,
NASDAQ:TSLA
by TonyAiello
Tesla - Don't get caught up!Hello Traders and Investors, today I will take a look at Tesla. -------- Explanation of my video analysis: In 2020 Tesla stock created a beautiful break and retest of the previous all time high which was followed by significant continuation towards the upside. After this pump Tesla stock entered a long term consolidation phase, forming a bullish flag formation. Considering that Tesla just retested and rejected the upper resistance, there is a quite high chance that we will retest the next support at $120. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLA
by basictradingtv
1
Musk LoveI am looking for potential pivot points near any of the drawings. I marked some examples from the past price action. You can look at this like at a project created by something similar to artificial intelligence. Let's just sit back and wait and see what happens, if any potential signals for pivot points or bounces appear at the shapes. This has been done before in previous ideas that I have provided and the concept is pretty straight forward. Sometimes the price can just follow a shape and not bounce from it, but I consider that to be an interesting occurrence as well. The purple zone is a zone where no drawings were simulated/required. Marked letters of ABC are potential time zones of interest with interesting events.
NASDAQ:TSLA
by nen
1
TESLA 130 AFTER EARNINGS !! High Valuation: Tesla’s market capitalization has skyrocketed in recent years, leading some to argue that its current valuation is not justified by its earnings or sales figures. If these critics are correct, Tesla’s stock could be overpriced, and a market correction could be on the horizon. 2. Competition: The EV market is becoming increasingly crowded. Traditional automakers like General Motors and Ford are ramping up their EV production, and newcomers like Rivian are making waves as well. Increased competition could erode Tesla’s market share. 3. Regulatory Risks: Tesla operates in a highly regulated industry. Changes in policies related to EVs, self-driving technologies, or environmental standards could have a significant impact on Tesla’s operations. 4. Production and Delivery Challenges: Tesla has faced criticism for production delays and quality control issues in the past. If these problems persist, they could harm Tesla’s reputation and bottom line.
NASDAQ:TSLAShort
by NYRUNSGLOBAL
Tesla Stock in Limbo: A 43% Plunge Leaves Investors Wary Ahead oTesla, once the undisputed champion of the electric vehicle (EV) market, finds itself in a precarious position. The company's stock price has been on a downward spiral, tumbling nearly 43% in the last month. This dramatic decline has left investors apprehensive as Tesla prepares to report its earnings. Several factors are contributing to the bearish sentiment surrounding Tesla. Firstly, concerns are swirling about the company's business strategy. Sales of electric vehicles have dipped, raising questions about whether Tesla can maintain its growth trajectory. The much-anticipated Cybertruck has yet to materialize, and delays in the rollout of the cheaper electric vehicle have further dampened investor enthusiasm. Elon Musk, Tesla's enigmatic CEO, hasn't helped matters. His focus on ventures outside of Tesla, coupled with his penchant for making controversial pronouncements, has sown seeds of doubt among some investors. They worry that Musk's attention is divided, potentially hindering Tesla's ability to navigate the increasingly competitive EV landscape. Adding to the woes is the overall market correction. Rising interest rates and inflation have dampened investor appetite for growth stocks, a category Tesla once dominated. Tesla's lofty valuation, currently sitting at nearly 47 times forward earnings, also makes it a prime target for a sell-off. This high valuation is particularly concerning given the recent sales slump and the uncertain outlook for the EV market. However, there is a silver lining. The recent plunge has pushed Tesla's stock price into what some analysts call "no man's land." This means there's a significant gap between the current price and potential downside. While the stock could fall further, the dramatic decline has already priced in a considerable amount of negativity. This could pave the way for a "relief rally" if Tesla's earnings report isn't a complete disaster. Some analysts believe the negative sentiment has been overblown. They argue that Tesla's brand recognition and technological prowess still position it well for the future. The upcoming launch of the Robotaxi service in August could be a game-changer, generating new revenue streams and reigniting investor confidence. The coming weeks will be crucial for Tesla. The earnings report will be a watershed moment, determining whether the company can regain its footing or succumb to the current headwinds. Investors will be keenly watching for any signs of a turnaround in sales, updates on the Cybertruck and the cheaper EV rollout, and any concrete plans for the Robotaxi service. Tesla's story is far from over. The company's future hinges on its ability to navigate the current challenges, deliver on its promises, and adapt to the evolving EV market. Only time will tell if Tesla can emerge from this "no man's land" and reclaim its pole position in the electric vehicle revolution.
NASDAQ:TSLAShort
by bryandowningqln
TSLA → Daily analysishello guys... based on my previous analysis of #tesla: the main trend in the daily time frame is bearish so far! I believe the trendline of the pattern will be breakout after retesting the S&D! meanwhile, the price made a head and shoulders pattern and broke it out! so in a shorter time frame the price will fill the gap to touch the target of the pattern, then we can expect another downward movement! ______________________ always do your research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comment
NASDAQ:TSLAShort
by melikatrader94
7
Where Does TSLA Land? Trend - Downtrend confirmed. - Components of the channel chart: The original downtrend channel plus a 100% extended channel. Both channels divided in half by blue dotted lines. The shaded zones furthest from the center represent "overbought/oversold forces," which counterbalance each other. - Currently, the price is descending into the extended channel, suggesting a chance of reaching the lower band of the extended channel. - Note that when the price enters the orange shaded zone, it could move rapidly in one direction, as there is minimal previous support and resistance. - The trend lines serve as potential support and resistance levels. 100% Symmetrical Projection: Downtrend “N” Patterns - A 100% Symmetrical Projection of the previous swing (from A to B) and then projected from C. As a result, D is the initial target price on the short side. - The 0.5 level from C to D serves as a clear support, enhancing the value of this projection. N Pattern’s Target Price & Fibonacci Price Cluster - The target price of $116 at level D aligns with a major prior low on the weekly chart. - Levels 1 & 2 are significant due to the price cluster effect, demonstrating the validity of the extension of the prior major swing. - Consequently, Level 3 has a good chance of becoming a critical support and a potential target price. Conclusion - In comparison with symmetrical analysis, TSLA's trend channel chart provides higher reference value. - The dynamic target price is the lower band of the extended channel. - The fixed target price (strong support) could be $122, followed by $116. Not Financial Advice The information contained in this article is not intended as, and should not be understood as financial advice. You should take independent financial advice from a professional who is aware of the facts and circumstances of your individual situation.
NASDAQ:TSLAShort
by stock_adelie
TESLA: Oversold. Can the price cuts stop the bleeding?Tesla announced aggressive price cuts globally on their main model lines as well as its FSD and is reported that a 20% headcount reduction is pushed. Further decline on today's opening has pushed the 1W technical outlook to the brink of oversold territory (RSI = 32.105, MACD = -19.430, ADX = 47.504) and bottom of Channel Down that started last July. So can these brave measures to a dismal Q1 delivery report counter the declining global demand and price competition from Chinese EV producers and restore the stock price to where it was earlier this year? Well one thing's for sure, TSLA has been in this situation before. The growth pattern from 2019 to today is very much like the one from 2012 to 2017. Both started with immense parabolic growth that peaked and declined towards the 0.382 Fibonacci and rallied again after forming a bottom. We are now at the stage where Tesla founf support in late 2016 near the 0.786 Fib of the corrective wave. The 1W RSI patterns are similar as well. As long as the 0.786 Fib holds we expect at least $500 by mid 2025. It is very likely that tomorrow's earnings report coupled with the price cuts will be the fundamental base that the company needs to restore investing appetite back. On the long term this appears to be a worthwhile low risk entry for the undisputable leader of the EV market. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:TSLALong
by InvestingScope