$TSLA - The ONLY CHART you need to know for the long term!Monthly chart is everything long term. TSLA has finally forked off its previous rising channel since IPO. Now, it has created a new channel. This is extremely bullish since it is just the start! Squeeze mod and MACD is also curling to a bullish long term run.
Tesla
TESLA One last push possible before August correction.Tesla has started yet another week on a green opening, making a new 2023 High.
The price is approaching Resistance (1) at 315, which is a little over the Falling Resistance from the November 2021 All Time High as well as the 0.786 Fibonacci level.
Be prepared for a correction around that juncture.
Trading Plan:
1. Buy on the current market price.
2. Sell on the 0.786 Fibonacci level at 307.
Targets:
1. 307 (0.786 Fibonacci).
2. 245 (0.618 Fibonacci and Rising Support from the market bottom).
Tips:
1. The RSI (1w) just touched the overbought level (70.00). As with the Feb-Apr correction, it technically requires a pull back to the MA line in order to get normalized. That can be an additional buy signal for you.
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TESLA 300 By DECEMBER Happy 4 of july !!!!!If tesla Pulls Back Hard , good Buy Area will be 205 - 215
Be Patience , Buy and Hold until December . Until 300 . i Would Sell at this point but do your own Research and take action !!
STAY PROFITABLE !!
Next year will be a lot of competition for Tesla because the Aston Martin / Lucid Deal
and NIO already taking the Chinesse market .
Have a Great 4 of July God Bless america and enjoy the Holidays !!!
Stay humble Be a better person.
CAFE CITY STUDIO COMING SOON 2024 !!
TSLA Forms Bullish Expanding Channel, Targets Breakout above $35TSLA has formed an expanding channel on the weekly timeframe, indicating potential bullish momentum. Currently, there is a bullish rally approaching the daily resistance and the upper boundary of the channel. Once the price reaches these levels, it's crucial to monitor closely for signs of either a breakout or a reversal in the price action at these key levels.
Should TSLA manage to break out above the daily resistance and the upper boundary of the expanding channel, it could trigger a significant rally to the upside, potentially surpassing the $350 mark. Traders and investors should keep a watchful eye on these price levels to make informed decisions based on the evolving market structure and price behavior.
TSLA SMA Cross Signals Growth Opportunities - Time to Invest!Exciting News! TSLA SMA Cross Signals Growth Opportunities - Time to Invest!
As a fellow Tesla enthusiast, I couldn't wait to share the latest developments. Brace yourself for profound positivity because Tesla's future is brighter than ever!
You might have heard about Tesla's exceptional performance recently, but let me clarify the specifics. Tesla has been ramping up its production, delivering more cars than ever, and exceeding expectations. This remarkable growth has caught the attention of many investors, and rightly so!
Now, here's where it gets even more enjoyable. As Tesla continues to deliver more cars and increase its production capacity, we can expect a significant technical indicator to come into play - the TSLA Simple Moving Average (SMA) cross. For those unfamiliar with this term, it's a powerful tool to identify potential shifts in the stock's momentum.
With Tesla's expanding production, the TSLA SMA cross will likely signal an upward stock value trend. This means now is an opportune time to consider investing in TSLA stock. By taking advantage of this growth opportunity, you could be part of Tesla's remarkable journey toward a sustainable future while reaping the benefits of a potentially profitable investment.
So, my dear TSLA fan, I encourage you to seize this moment and seriously consider investing in TSLA stock. With Tesla's unwavering commitment to innovation, sustainability, and pushing the boundaries of what's possible, the potential for long-term gains is genuinely remarkable. Don't just be a fan; become an investor and be a part of Tesla's incredible success story!
If you need help getting started or need further information, please comment.
Wishing you an electrifying future with Tesla,
Tesla POPRisk assets have been getting absolutely clapped in the past few weeks. However Tesla has been moving down a bit too quickly, and might see some relief into the golden pocket.
We have a few potential catalyst's coming up, earnings being one, but most importantly the interest rate hike decision which may help propel risk assets to get some relief.
Last time Tesla dumped aggressively, it pumped right into the CC before heading lower.
Only time will tell.
Tesla -> What About This?Hello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Tesla stock perfectly retested and already started to reject a major previous weekly structure area roughly at the $260 level.
You can also see that Tesla didn't retrace all the way back to the 0.382 fibonacci retracement level which is always the first strong support level after the recent massive pump so there could be a chance that we will see another short dip and then even more bullish continuation.
On the daily timeframe you can also see that Tesla just created bearish market structure by breaking the previous low towards the downside, however Tesla stock is still looking strong so I am also waiting for a short term daily drop before I do expect another bullish impulse leg.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
TESLA Has one last pullback before the 2021 Resistance testTesla is rising today but remains on a pull back sequence after it hit the top (Rising Resistance) of the 2023 'Recovery' Channel Up.
This sequence can be extended until either of the two following conditions are met: the 1day RSI reaches 50.00 or the price hits the 1day MA50.
In either case buy and target the Falling Resistance (that dates back since November 4th 2021 and has two rejections registered) at 285.00.
You can extend buying only after the 315.00 Triple Top Resistance breaks.
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GRIMACE/USDT 4H. New doge incoming. Idea + Chart.Hello everyone, in this idea i will try to share the ideology of Grimace and also we will look at chart. LFG.
Grimace is the new coin which was recently listed on MEXC. The ideology of the project is very promising and here's why:
1) Big community(over 30k people community).
2) Potential Hype with McDonalds(Think about it).
3) New project(big potential for pump).
Now let's move a bit to the fundamentals of the token. Once upon a time McDonalds had a "beef" with Tesla, in which it was decided, that McDonalds starts to accept Doge as a payment only if Tesla starts to accept Grimace.
From that moment on people started to create Grimace Tokens, chasing the hype, but no one treated it as serious as Odyssey...
This is the only Grimace token with over 2 millions $ capitalization. The huge work is being done in social networks. And the CEO is building hard. It's an open information.
Now let's move to the chart. The full chart can be found on dexscreener. Mexc contains only part of the full chart.
At the start of trading history we saw a little pump, after which the correction started. The price dropped down 66.14%(66/4) and reached 4.666$ price(exact numbers on MEXC).
Something similar was on Apt chart at the listing. Pump at the start, then drop 66%, a little accumulation, final capitulation and then pump 500%+ in 30 days.
After reaching 4.666 mark accumulation channel started to form, exactly as it happened on APT chart. Now, on Grimace, the channel is forming for 12 days. The amplitude is 72% for the "wide" channel and 42% for the "inner" channel.
You might also consider that there might be a manipulation to collect the liquidity. In this case, as almost on every coin, it's about 25% potential drop below support zone - this will be enough to collect the paper hands. Hence it's about 3.5$ to be reached potentially(shown on chart).
But it might also not happens. Only if market gives an opportunity to do so. Though at the beginning of trading history you, as MM, ain't interested in dropping price too low and giving people the opportunity to enter the market at cheap prices.
You might also notice on chart that the downtrend line was formed at the start. Recently it was broken up and now the retest is taking place(shown on chart). The volume is starting to come in right now.
Potential Double bottom might form with the base of 72%.
Consider also the next thing - MM moves the price according to the market cycles(best case scenario), so he's not interested in pumping price "tomorrow". And probably he is not interested in giving money away just for free. So be patient and use ur own head. DYOR.
Thanks for reading till the end guys. Long time no post, but coming with fresh thoughts. Profits to all.
The potentials here might be taken conservatively. ATH as the potential target. 13-15$ range. Then it's an open space, but relying on Fib, the target of 23-25$ zone might be also mentioned.
Potential support zone also shown.
TSLA - Detailed PlanNever thought that my previous idea was going to be much appreciated by many. It was just a bird-eye view of what's expected to happen according to Fibonacci tools. Therefore, I thought of sharing the micro level of it and how I action my big plans.
Hope it helps..
Monday 26-Jun: Took short position as the trend is bearish. Took profit around $242.
Tuesday 27-Jun: Depending on Opening Price, highly likely going to take Short Position as explained in Chart
Wed: far future.. I will worry later..
Thu: far future.. I will worry later..
Fri: far future.. I will worry later..
TSLA Outlook 06/26-30/2024Technical Analysis:
NASDAQ:TSLA currently is forming a bull flag on the daily timeframe with a golden cross setup (50MA crosses the 200MA on the daily).
I lean bullish on NASDAQ:TSLA as long as price action can defend the gap made from 235-242. If w can break out of the bull flag above 277, we could move towards 295. Bears will look to short this level.
Bears will want the bull flag consolidation to fail and fall below the gap. Bears could also target the pennant breakout at the 200 level, which would also signal the long GP. If we somehow fall down the the 200 level, I’d expect bulls to step in and buy it up.
Upside Targets: 267.40 → 276.99 → 293.58 → 300 → 307.25
Downside Targets: 242 → 235 → 229.15 → 217.24 → 204.06
Ninja Talks EP 23: Useless ToolsWhen it comes to analyzing price charts, simplicity is often the key to success. Overloading your trading chart with numerous tools and indicators can lead to confusion and hinder your decision-making process. In this post, we will explore the benefits of removing unnecessary and useless tools from your chart, enabling you to focus on the most crucial aspects of your trading analysis.
The Power of Minimalism:
In trading, less is often more. By decluttering your chart and removing unnecessary tools, you create a clean and focused environment that allows you to concentrate on key price action and market trends. A minimalist approach helps you identify patterns and signals more effectively, reducing distractions and improving your overall trading performance.
Eliminating Redundant Indicators:
Take a critical look at the indicators on your chart and ask yourself: Do I really need all of them? Many traders tend to overload their charts with multiple indicators that often convey similar information. By removing redundant indicators, you simplify your analysis and avoid conflicting signals. Stick to a few key indicators that align with your trading strategy and provide meaningful insights.
Prioritize Price Action:
Price action is the foundation of technical analysis. Removing unnecessary tools allows you to focus primarily on price movements, support and resistance levels, and chart patterns. By honing your skills in interpreting price action, you gain a deeper understanding of market dynamics and can make more informed trading decisions.
Clean Up Chart Overlays:
Chart overlays, such as moving averages, Bollinger Bands, or Ichimoku clouds, can be helpful in certain situations. However, having too many overlays can obscure the underlying price action. Consider removing overlays that you rarely use or those that add little value to your trading analysis. Stick to the ones that truly contribute to your strategy and trading style.
Simplify Trendlines and Support/Resistance Levels:
Trendlines and support/resistance levels are powerful tools for identifying key price areas. However, an overcrowded chart can make it challenging to distinguish significant levels from minor ones. Remove unnecessary trendlines and cluttered support/resistance areas to focus on the most critical levels. This allows for clearer visualization and enhances your ability to identify high-probability trading opportunities.
Conclusion:
Streamlining your trading chart by removing unnecessary and useless tools is a crucial step towards improving your trading performance. Embrace minimalism and prioritize price action analysis to develop a deeper understanding of the market. By simplifying your chart, you can gain clarity, reduce distractions, and make more informed trading decisions. Remember, the goal is not to completely eliminate all tools but to remove those that don't contribute significantly to your trading strategy. Start decluttering your chart today and unlock the power of simplicity in your trading journey.
Tesla: Assessing Resistance and Potential DownsideIn this idea, I will provide an analysis of Tesla's stock using simple language and concepts. I'll focus on Tesla's historical consolidation phases, recent performance, and the technical factors that suggest potential resistance and a possible downside move.
Tesla's Consolidation Phases
Tesla has experienced two significant consolidation phases in its history. The first occurred from 2011 to 2013, and the second lasted from 2014 to 2020. Interestingly, during the COVID-19 crash in 2020, Tesla remained resilient and has continued to be strong ever since.
Current Situation
Currently, Tesla's stock price is facing a crucial challenge . It is trading within a large channel, where I see strong support levels around the mid-line and significant resistance at the upper rail of the channel. On two occasions, Tesla found support at the lower rail, with the most recent occurrence near $100 after reaching an all-time high near $415.
Price Movement and Recovery
After reaching its all-time high, Tesla's stock price dropped approximately 75%. However, since January 2023, it has made a significant recovery, rising by about 170% from the lows.
Resistance and Potential Downside
These impressive recoveries often surprise those who have a pessimistic view (BEARS) on the stock. Nevertheless, with the recent recovery of 170% and the current stock price of around $255, it is crucial to assess the potential resistance levels that lie ahead.
Technical Analysis
From a technical perspective, Tesla is facing resistance both from the channel's upper rail and the resistance created in January 2021. While other major players such as AAPL and MSFT have broken out and reached new highs, Tesla remains at this resistance level.
Potential Factors for a Downside Move
If Tesla fails to break out in the coming months, it is likely that the stock will drop back to levels below $100 . This could be due to increased competition or potential poor sales. Regardless of the specific reasons, the technical setup suggests the possibility of a multi-week or multi-month rejection. While dropping below $100 might be extreme, there is potential for a decent risk/reward setup for a downside move.
Tesla's stock has experienced significant consolidation phases and has shown resilience during market downturns. However, the current technical analysis indicates potential resistance at its current price level. If Tesla fails to break out in the near future, there is a possibility of a downside move, potentially leading to levels below $100. As always, it is important to consider multiple factors and conduct thorough research before making any investment decisions. Invalidation of this idea would be a breakout in the next 1-2 weeks in which case a move back to all time highs are very likely.
$Tsla, pull up for a recharge?If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Hitting some #Elliottwave ZZ most likely targets.
A break and higher up the fib ladder the better.
Even if it is done, a corrective retrace to
206 would be a good spot to add.
314 is the next major level I see.
262 needs to hold PA.
Cheers
Tesla BULLISH OUTBRAKE Tesla CEO Elon Musk expressed his intent to invest in India as soon as possible after a meeting with Indian Prime Minister Narendra Modi in New York. Modi's support and push for investments in India have encouraged Musk, who confirmed that Tesla plans to enter the Indian market but did not provide a specific timeline. Tesla's entry into India has faced delays due to negotiations with the Indian government over import duties. The government is requesting Tesla to produce cars locally before considering tax breaks. Musk had a positive meeting with Modi and is optimistic about India's future. Currently, Tesla has a gigafactory in Shanghai, China, and is considering India as a potential location for a new factory. Both China and India are actively seeking to attract investments and promote the electric vehicle (EV) industry. China recently announced the extension of tax breaks for new energy vehicles (NEVs) until 2027. During his visit to China, Musk discussed EV development and Tesla's operations in the country with government officials and praised the quality and efficiency of the Shanghai gigafactory.
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Tesla Up 34% This Month!Tesla, under Elon Musk's leadership, is spearheading an automotive revolution with its focus on vehicle autonomy, which significantly influences its market value. Even though full self-driving capability hasn't been achieved yet, this prospect alone has powered Tesla's value, contributing to a remarkable 130% increase in its stock this year, with a notable 34% surge in June alone.
Though the company's stock is yet to surpass its all-time high of $414 from November 2021, its current trajectory points towards this possibility, provided it can overcome challenges such as the significant $300 resistance level.
Tesla's commitment to innovation and sustainability, along with the potential for future breakthroughs, has boosted its stock performance. While full autonomy remains uncertain, Tesla's current course holds promise for investors as it pushes toward new highs, reinforcing the view of an electric and autonomous future for the automotive industry.
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