Get started

Tesla

TESLA Bullish long-term if this level breaks, targeting $365.We have presented our short-term view on Tesla (TSLA) 3 weeks ago (see chart below) when we issued a buy signal on the Inverse Head and Shoulders (IH&S) bottom pattern that transitioned into a Channel Up, similar to the Aug 18 - Sep 15 bullish leg, that is very near to hit the $250 target as part of the Lower High formation on the 4-month Channel Down: On the 1W time-frame, we see that the bullish trend of 2023 is still restricted by a long-term Lower Highs trend-line that started on the week of November 01 2021, which was the All Time High for the stock. If this Lower Highs trend-line (can be also viewed as the top of a Channel Down that only broke during the Dec 2022 - Jan 2023 market bottom formation) breaks, then Tesla most likely restores the bullish trend on the long-term. It is very likely to do so immediately in the coming weeks as the correction since July can be interpreted as the Right Shoulder of a very wide Inverted Head and Shoulders (IH&S) pattern. If symmetry indeed exists between the two Shoulders, then Tesla aims at $365 long-term. Since however we like to minimize risks at Tradingshot and take one target at a time, we will initially target $295, which would make a +52.28% rise from the October 30 Low, the lowest registered rise since the Bear Cycle started, and then buy after a pull-back. Note that the 1W RSI already bounced on the Buy Zone that only failed once to give a rally, during the Dec 2022 - Jan 2023 market bottom formation, while the 1W MACD is close to forming a Bullish Cross, when all previous (three in total) occurrences delivered rallies of over +50%. ------------------------------------------------------------------------------- ** 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
9
Nasdaq - A Black Friday Blowout Sale?Using the SPX as a reference for ease of use, at the beginning of the November rally I asked whether or not manipulation would come after we saw a 5% rally in 3 days just because the U.S. Treasury decided to spam bonds at a lower, but still already highly inflated, rate in Q4 than they did in Q3. SPY - Did We Bottom, Or Is Manipulation Coming? The week before last, I cautioned bulls who believe in the "Santa Rally" thesis that we may just see sideways and manipulation back down with the end of year target being merely 4,600 and not 4,900. SPX - Santa Ralliers: You Better Keep Your Eyes On The Clock And for the record, I haven't cared about this rally because I haven't had a position, since there was never a retrace I never went long and shorting has looked bad, and turned out to continue to be bad. But Friday the 17th marked the monthly Options Expiry (OpEx), and we predictably spent the day sideways. The next week ahead is U.S. Thanksgiving on Thursday, where the markets will be closed for the last time before Christmas, and then Black Friday the day after. Although there is little news drivers this week, except for Employment on Wednesday and PMI on Friday, I posit that since the Nasdaq set a double top with its July high, we may very well see a 1,000 point "Black Friday blow out sale" this week that sets up a December rally that takes out the All Time High. Keep in mind after this week, starting with "Cyber Monday," we still have four trading days to complete the November candle, and so we most certainly can dump an awful lot and rally an awful lot to finish the month some 2 or 3% away from where we closed on Friday. The dangers in the markets are exceptional at the moment, however. Xi Jinping visited San Francisco for the climate theatre conference, where he met with the Biden Administration. What this event indicates to us is that the International Rules Based Order is extending Xi, who is a Chinese nationalist, an olive branch to cede his control of China and form a critical hub in the coming One World Government. But the IRBO has never been so intelligent as to understand that it cannot out maneuverer the Red Dragon of the Chinese Communist Party, for the Devil Red is a scourge who has come to ensure that humanity and all of its related souls are totally annihilated. At the root of the conflict is the 24-year persecution of Falun Dafa, originally started by former Chairman Jiang Zemin on July 20, 1999. The campaign has targeted 100 million spiritual believers, even going so far as to commit the unprecedented sin of live organ harvesting. Although Xi has been killing the Jianglings for more than a decade in his Anti-corruption Campaign, Xi is still the head of the CCP, the Red Dragon and Destroyer of Worlds, and this is a problem for him that he will either solve by overthrowing the CCP in a coup Gorbachev-style, or Heaven will solve it for him by sacking the Emperor's Bedroom in Zhongnanhai and Beidaihe. For the IRBO, the problem the whole world faces is that the supposed "International Police" (and its Wall Street financial vanguard) have been staining their hands sanguine crimson with the Jianglings in Shanghai-Babylon all these years. The sins are so extremely massive that they can never be fully paid for, and they still aren't doing their part to wash their hands and social distance from the Devil Red. Instead, they're doing everything they can to expand the CCP's Zero-COVID Social Credit system worldwide. And this is going to cause a Dark Winter for humanity. When that day comes, your indexes and your memestocks, your "Magnificent 7," even, will all trade like crypto dumpstercoins because no market making algorithm will be available to pump and dump, and at the same time everyone will be desperate to sell, with no buyers available. But the good news is that when that day comes, you won't be paying attention to money anymore. Instead, what is unfolding in this world will be the only thing notable, and you won't have any interest, or any need of, following CNN and NYT and Xeeeeeeeeeeter for updates. The information will come from a combination of your own eyes and another platform, one pure and clean. Lord Jesus once told his followers: "Whoever has eyes, let them see. Whoever has ears, let them hear." The blind and the deaf will be culled, and such is the nature of the trial all souls face.
CME_MINI:NQ1!Short
by LordWrymouth
9
Tesla's Technical Tale: Unveiling Patterns, Bulls on the HorizonDiving into NASDAQ:TSLA chart, the past few months have been a wild ride. However, we spotted a Higher lows and higher highs on the 2-week candles signal a strong upward trend since January 2023. Now, the current week is like a suspenseful moment. We've got this bull flag about to make its move, following the script of a previous successful bull flag. It's like the market is saying, "Hey, history might repeat itself." Zooming out to September 2022, there's this massive cup and handle formation in play. Think of it like a cup of optimism, and the handle is a breather before potentially soaring higher. And there's more drama with an inverse head and shoulders pattern hinting at a trend reversal. It's like the market whispering, "Watch out for the comeback kid." Now, let's talk RSI. It's been dancing near a downtrend line, kind of like it's testing the waters. But, here's the twist – the RSI is perking up, getting ready for a potential bullish move by crossing its moving average. The big question: Can the RSI break free this time? If it does, especially with a nod from the moving average, it could be the green light for the bulls. But, hey, lessons from the past – previous attempts didn't quite make the cut. So proceed with caution. And, oh, don't forget to listen for volume signals. A breakout with strong volume could be the cheer from the crowd for the bulls. In this market story, where surprises are the norm, having a simple game plan and keeping an eye on the bigger picture is the secret sauce. Because, in the end, even the slickest strategies can't predict every turn in this market tale.
NASDAQ:TSLALong
by Sniper29x
Technical Analysis: Tesla (TSLA) Signals Upcoming Bullish PhaseThe MACD analysis for Tesla (TSLA) indicates that its price has crossed above its signal line, suggesting an upcoming bullish phase. Despite facing resistance around 216.78, Tesla experienced sustained selling pressure, causing it to retreat by 4.79. However, the recent price action crossing over the signal line is a positive sign for the stock. Tesla continued its upward trend with a 0.66% gain in this session. It also managed to recover most of its losses from the previous session, where it dipped down to $218.4. Over the past 5 days, Tesla has gained 5.1%. In comparison to the Nasdaq, Tesla has outperformed by 89.74% so far this year. The stock currently has a market cap of $699.24 billion. On the day, there were 119.53 million shares traded, slightly higher than the average daily volume of 118.21 million shares. Despite its strong performance in the current session, Tesla's stock remains a "Strong Sell" according to market analysis. In other news, Walt Disney closed at 85.07, up 2.14% in the previous session. Starbucks gained 2.65, or 2.64%, finishing at 102.65 after closing at 100 on Thursday. Toyota also saw a 1.63% increase, ending the session at $189.59.
NASDAQ:TSLALong
by NomolosAI
TESLA Its biggest do or die moment is now.Tesla / TSLA is on a non-stop rise since the October 31st bottom. Today it crossed over the 1day MA50. The biggest obstacle lies on the Falling Resistance itself which rejected the price the last two times. The Resistance becomes even stronger as it is exactly on the 0.786 Fibonacci level, which was the rejection point on September 15th of the previous rise sequence. As you realize, a crossing over this double Resistance cluster will be a long term buy signal. The 1day RSI has already crossed over its Falling Resistance, potentially giving an early warning. Buy either if the price closes a 1day candle over the 0.786 Fibonacci level or if rejected, after a 1day MA50 pull back. If it breaks over the 0.786 Fibonacci then, keep the buy and target 299.00 (Resistance A). If it closes under the 1day MA50, dump it. Follow us, like the idea and leave a comment below!!
NASDAQ:TSLALong
by TheCryptagon
1
Tesla entered the Golden ZoneTesla is ready for another leg up: - NASDAQ:TSLA Technical Reasons: Tesla has entered the golden zone - between the 0.5 and 0.18 Fib retracement Money Flow Divergence on the daily Commodity channel index divergence on the weekly Stochastic Momentum switch on the daily Already +- 5% off the lows which shows buyer are stepping in RSI is exiting oversold territory Fundamental Reasons: Tesla had a +- 35% correction after missing expectations - This has now been priced in Tesla Cyber Truck rollout commencing this quarter Growing EV penetration vs Ice vehicles Growing demand and margins in the energy storage side of the business Continued expansion of production capacity (Mexico factory has the go-ahead Continued investment and breakthroughs in real-world AI Overall robust financial performance and cashflows Obviously the potential for infinite returns due to Tesla's Optimum humanoid robot** Trade setup Pending a confirmed breakout Entry between $204 to $209 Take Profit 1 - $230 - which will start filling the gap Take Profit 2 - $242 - which will complete the gap fill Take Profit 3 - $267 - previous swing high Once TP1 hits - move stop-loss to break even for a risk free trade Good Luck
NASDAQ:TSLALong
by TraderMagz
TESLA Strong bullish break out.Tesla crossed today over the Falling Resistance of the Bearish Megaphone. This is a strong bullish break out for the short term, especially as long as the MA50 (1h) holds. The Bearish Megaphone may transition to a Channel Up, so this is a buy opportunity. Trading Plan: 1. Buy on the current market price. Targets: 1. 240 (+16.77% rise like the first bullish leg of this potential Channel Up pattern). Tips: 1. The MACD (1h) formed a Bullish Cross, like October 31st. A technical bullish signal. Please like, follow and comment!! Notes: Past trading plan:
NASDAQ:TSLALong
by TradingBrokersView
Tesla Inc. (NASDAQ:TSLA) Concerned Over Its FutureAfter plunging in 2022, Tesla (NASDAQ:TSLA) stock gained more than 70% year-to-date. The rally can be attributed to better-than-expected fourth-quarter results, efforts to boost production, and improved sentiment for growth stocks. However, based on technical indicators, TSLA is a Sell near its current levels.. Tesla stock’s 50-Day EMA (exponential moving average) is 185.75, while its price is $185, making it a Sell. Further, TSLA’s shorter duration EMA (20-day) also signals a bearish trend. The company’s move to slash prices for its vehicles in order to spur demand is expected to impact its profit margins in the upcoming first quarter. Moreover, excess production over deliveries and increased competition raise concerns over its future stock price movement to some extent. Overall, Wall Street is cautiously optimistic about Tesla, with a Moderate Buy consensus rating based on 19 Buys, 10 Holds, and three Sells. The average TSLA stock price target of $219.57 suggests nearly 19% upside potential.
NASDAQ:TSLA
by DEXWireNews
1