🚗 Unfolding Tesla's Plan 📉📈Everything is going according to plan at Tesla. After our two entries, with the first one at $206 still open, we are still hovering around the $242 mark. As anticipated, we find ourselves in a rather complex correction that is not yet completed on the downside.
I expect a pullback for Wave C, which could range between the 50% and 61.8% Fibonacci retracement levels. The extent of the downward move remains to be seen, but I would suggest it may not be too deep. If we manage to form Wave C, we are on the verge of the significant and lengthy Wave 3, potentially reaching up to $300. Stay tuned for the ride! 🚀✨
Teslaanalysis
TESLA I Rise Coming SoonWelcome back! Let me know your thoughts in the comments!
** TESLA Analysis - Listen to video!
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Potential Impact of Cybertruck Production Nightmare on TeslaI would like to discuss the recent production nightmare surrounding the highly anticipated Cybertruck and how it could potentially impact Tesla's overall performance.
As we are all aware, Tesla has been at the forefront of electric vehicle innovation, revolutionizing the industry and capturing the imagination of investors and consumers alike. However, recent reports suggest that the production challenges faced by the Cybertruck have the potential to cast a shadow over Tesla's otherwise impressive track record.
The Cybertruck, with its bold design and promising features, has generated significant pre-order interest, reflecting the strong demand for Tesla's products. However, it is essential to consider the potential consequences of the production hurdles that Tesla has encountered. Delays in manufacturing, supply chain disruptions, and quality control issues could lead to dissatisfied customers, tarnishing Tesla's reputation for delivering cutting-edge products on time.
While Tesla has demonstrated resilience in overcoming obstacles in the past, it is crucial to approach this situation with caution. As traders, it is our responsibility to evaluate the potential risks associated with such setbacks and make informed decisions regarding our investment strategies.
Considering the gravity of the situation, I encourage you to closely monitor Tesla's progress in addressing the production challenges faced by the Cybertruck. Keep a keen eye on any developments or announcements that could shed light on the company's ability to overcome these obstacles effectively.
In light of these circumstances, some traders may consider exploring shorting opportunities for Tesla. However, it is important to remember that shorting a stock carries inherent risks and requires careful analysis of market trends, financial indicators, and broader industry dynamics. I urge you to consult with your trusted financial advisors or conduct thorough research before making any investment decisions.
Ultimately, the purpose of this email is to highlight the potential risks associated with the Cybertruck production nightmare and emphasize the importance of cautious evaluation. As traders, we must remain vigilant, informed, and adaptable in navigating the ever-changing landscape of the stock market.
🚗Tesla🚗 will Go Up at least 🚀➕10%🚀👋Hi, today I want to introduce you to a stock that is likely to grow by at least ➕10% in the coming days or in the coming week .
🚗The name of this stock is Tesla(TSLA) .
🥇After the Golden Cross was seen in Tesla, I hope there is more for the Tesla to grow.
📚🥇 Golden Cross Signal 🥇: In technical analysis, a golden cross occurs when the 50-day Moving Average(MA) crosses above the 200-day moving average. It's a bullish sign, indicating that the market may be heading toward a longer-term uptrend or bull market.
✅Currently, Tesla reacted well to the Uptrend line and SMA(100) and started to grow with a Bullish Marubozu Candle yesterday.
🔔I expect Tesla to close the Breakaway Gap soon and grow at least ➕10% .
If you want to know about the types of Gaps , you can read the following article.👇
Tesla (TSLAUSD) Analyze, Daily time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Tesla - Bullriding 🚀Hey Tesla Enthusiasts! 👋
Today, let's revisit Tesla, where we've had two trades, and both have been remarkably successful. The first trade is still active, and therefore, the new Stop Loss is set at $212.
I believe that Wave 1 has concluded here, hitting the 127.2% Fibonacci level. The rebound has been exceptionally strong, and I don't foresee it holding or reaching new highs. My assumption is that we are now entering Wave 2, inevitably accompanied by an ABC correction. It could potentially develop into a double or triple ABC, but the specifics will unfold over time.
Certainly, the price will need to dip for the Wave 2 correction, and I anticipate it finding support between the 50% and 61.8% Fibonacci levels. Time will tell. 📈✨
Bye! 🫡
Wave of the day: TSLAWave of the day.TSLA
1. Elliott Wave Perspective.
We are for now in a correction as you can see from the graph above.
I have utilized the Kennedy Channeling Technique. As long as the price stays within the parallel lines, we are experiencing a correction.
After a correction is done a motive wave always takes place. From a strict count, we could have a 1-2 1-2 to the upside or even a diagonal. Why, because wave 4 enters the price territory of wave 1 so a complete impulse wave is not permitted.
Scenario nr 1.
If the price bounces from the upper parallel line, the correction is not yet done, a minor wave down is possible.
Scenario nr2
If the price breaks decisively the parallel lines, the correction is done and we may have an impulse wave up.The key word here is "decisively".
2. MACD
The MACD Histogram on the weekly chart is rising, even though it is below the zero line. A break above zero will take us to the "summer".
Also, the MACD lines will cross. bullish signal.
3 RSI
Even though RSI on the weekly chart is rising, I want to see it breaking the 60-level to be sure that the correction is over.
For disclosure, I am in this stock from yesterday.
What do you think? Please comment below.
Legal Disclaimer: The information presented in this analysis is solely for informational and educational purposes and does not serve as financial advice.
Why TESLA is STILL heading LOWERHi Traders, Investors and Speculators of Charts📈📉
A quick analysis today on Tesla and why I'm still expecting the price of TSLA to head lower.
After a nasty Head and Shoulders Pattern on the monthly, TSLA has reached a selling climax and an automatic rally afterwards (which always follows a SC). However, if we look at the Wyckoff Method schematics, this is not yet the bottom. The bottom is expected to happen during phase B, which is the phase we're about to head into.
ST will always be LOWER than SC, therefore there will be another chance to accumulate TESLA at a lower entry.
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NASDAQ:TSLA
Tesla Ready to Invest Up to $2 Bln to Build India FactoryTesla (TSLA.O) is ready to invest up to $2 billion to set up a factory in India if the government cuts import duty on its vehicles to 15% for the first two years of operations.
The Elon Musk-led electric vehicle (EV) maker is willing to invest up to $500 million if the government approves the reduced duty for 12,000 vehicles and up to $2 billion if the concession is for 30,000 vehicles.
The government is examining the viability of Tesla's proposal to invest $2 billion but wants to reduce the number of cars imported on a lower duty, compared to Tesla's proposal.
Price Momentum
TSLA is trading near the top of its 52-week range and above its 200-day simple moving average.
What does this mean?
Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.
Tesla (NASDAQ: TSLA) Next Major ResistanceKey Takeaway
1. Tesla’s stock price climbed higher from the $195.00 support.
2. A major bearish trend line is forming with resistance near $245 on the 4-hour chart.
3. The bulls might struggle to clear the $245 and $250 resistance levels.
Tesla Stock Technical Analysis
After a steady decline, Tesla stock price (NASDAQ: TSLA) found support near the $195.00 zone. A base was formed, and the price started a fresh increase above $220.
The price started a decent increase above the $225 level. There was a move above the 50% Fib retracement level of the last main decline from the $278 swing high to the $194 low. The bulls were able to pump the price above the $235 level. However, they are now facing a major hurdle near the $245 and $250 levels. There is also a major bearish trend line forming with resistance near $245 on the same chart.
The trend line is near the 61.8% Fib retracement level of the last main decline from the $278 swing high to the $194 low. A clear move above the trend line and then a break above the $250 resistance might spark bullish moves.
The next major resistance is near the $275 level. A clear move above $275 could open the doors for a move toward the $288 level. In the stated case, the bulls could even attempt a move toward $300.
Conversely, Tesla’s stock price might face rejection near $245 or $250. If there is a fresh decline, the price might find support near $225.
The next main support on the downside is near the $215 level. Any more losses could resend the price toward $205 support. The major breakdown support reclines at $195.
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.
Tesla Stock: Buy, Sell, or Hold?Tesla's declining margins have given the bears some credence over the past year.
Tesla (TSLA 1.93%) stock has taken quite the roller coaster ride in 2023. It has been as low as $108 and as high as $293 but currently sits at around $215 after a steady decline over the past few months. But the sentiment behind Tesla stock has also changed, as the company has changed its strategy slightly in the electric vehicle (EV) market.
Previously, Tesla's margins were the best in the business, which provided shareholders with a one-two punch of strong growth and superior profits. With Tesla's change in strategy to sell its vehicles at a lower price (and thus lower margins) to secure its EV market share as the legacy automakers launch their products, some investors are rethinking their position.
Tesla May Not Be Earning Its Premium Valuation Anymore
Much of the argument around Tesla's stock price boils down to its valuation. It's hard to argue about Tesla's U.S. EV market share, but the question is, is the company worth nearly $700 billion when legacy automakers like Toyota, Ford, and General Motors are worth less than half of that combined?
Previously, the buy side's argument of superior gross margins held some water, as no other automaker (besides premium ones like Ferrari) had nearly the level Tesla did. But with rising input costs and cutting vehicle prices, Tesla no longer holds this crown.
Tesla has aspirations to be much more than an EV maker
In addition to what it's already doing, Tesla also has other projects like full self-driving (FSD), robotaxis, and additional car models aimed at different audiences. On the buy side, these are mostly legitimate products that could change the world if done correctly. It's hard to value something like FSD, as how many people would adopt it and at what rate is unknown. The same goes for robotaxis or Tesla's artificial intelligence (AI) investments.
While many buy-side Tesla investors prefer to think about the future, the sell-side isn't convinced any of these products will become a reality and believes that investors should consider the products Tesla has now, as there are no future guarantees.
So, what do I think investors should do with Tesla stock? I'm in the middle at a "hold." While the short-term margin decline concerns me, I'm confident in Tesla's product versus the legacy automaker's and that price hikes will go over fine once interest rates decline. Additionally, I think Tesla has some promising products in the pipeline, but none are anywhere close to implementation, so they shouldn't be considered now.
Tesla's stock has always been divisive, and with the bears scoring a few points in 2023, it has evened the argument a bit more. The key to Tesla's stock price lies within its gross margins, as any more decline in that metric will likely send the stock down further. On the flip side, if it improves throughout 2024, don't be surprised if Tesla knocks on the door of becoming a $1 trillion company.
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.
Short more Tesla - TSLATesla monthly is disgusting. Adding to shorts from $273. All the "share holders" on twitter talking about earnings, and margins and whatever. They are getting fleeced by traders. Everything in the chart. Diagonal line resistance held, abysmal monthly candles, target at least $217. Monthly RSI cross and topped. Definitely a 1hr/4 hr pop going to happen probably tomorrow, but I will add shorts on the spike. Good luck, be safe. Not advise.
TSLA | Tesla | General atmosphere in the markets?Looking to short Tesla if price should push against the red area (Sell area 1).
Reason beeing its a former, engulfed supply zone that stopped the previous uptrend before beeing taken out. It also served as Support for a short period of time.
In general if this trade should work out i see other major stocks going down.
S-L (Stop- Loss): I dont want to see a close of a weekly candle above the green line.
Target: A former resistance area that is in confluence with the 50% of the range of the recent uptrend.
Additional: The last uptrend swing of Tesla (See blue Fib levels) followed a correction to the 23% Fib before starting with the current uptrend. The 23% Fib of the current uptrend is marked with a green rectangle.
Good luck
Disclaimer:
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
Disturbing News: TSLA Reveals Multiple DOJ SubpoenasI must admit that the news I have to share today is rather disheartening. It is with a heavy heart that I bring your attention to the recent revelation by Tesla Inc. (TSLA) regarding multiple subpoenas from the Department of Justice (DOJ). This development has cast a shadow of uncertainty over the company's future, leaving us with a sense of sadness and concern.
As traders, we have witnessed the rise and success of Tesla over the years, marveled at their groundbreaking innovations, and even celebrated their achievements. However, the recent disclosure of multiple DOJ subpoenas has raised serious questions about the company's practices and ethics. While we cannot jump to conclusions or pass judgment prematurely, it is essential to acknowledge the potential ramifications of such investigations.
In light of these developments, I feel compelled to share my concerns with you, my fellow traders. It is crucial for us to evaluate our positions and consider the potential risks associated with holding Tesla stock. While it is not my intention to dictate your investment decisions, I believe it is essential to be aware of the potential downside risks that may lie ahead.
Therefore, I encourage you to carefully assess your exposure to Tesla and consider the option of shorting TSLA. By taking a short position, you have the opportunity to profit from any downward movement in the stock price, should these investigations lead to unfavorable outcomes for the company. As traders, it is our responsibility to stay informed and make well-informed decisions to protect our portfolios.
Please understand that I do not take pleasure in sharing this information or promoting a bearish sentiment. However, as traders, it is our duty to adapt and react to the changing dynamics of the market. I believe that by being proactive and considering the potential risks associated with Tesla's recent disclosures, we can safeguard our investments and navigate through these uncertain times.
Remember, knowledge is power in the world of trading. Stay informed, stay vigilant, and make decisions that align with your risk tolerance and investment objectives. If you require any further information or would like to discuss this matter further, please do not hesitate to reach out to me by commenting below,
TSLA's Recent Disappointments and the Challenging Road AheadAs an avid follower of the company, it pains me to share the disappointing news that TSLA has fallen short of investor expectations, leaving us with a heavy heart.
One cannot ignore the challenges that Elon Musk and his team are currently facing, particularly the unveiling of the highly anticipated Cybertruck. While the Cybertruck's unique design may have captured attention, it has also sparked skepticism among investors and industry experts alike. The unconventional design has raised concerns about its mass-market appeal and potential impact on Tesla's overall sales.
As investors, it is crucial for us to carefully evaluate the situation and make informed decisions. In light of these recent developments, I believe it is essential to consider the option of shorting TSLA, as it may present an opportunity to mitigate potential losses. By shorting TSLA, we can capitalize on the current challenges the company is facing and potentially benefit from a decline in its stock value.
However, I urge you to conduct thorough research and consult with your financial advisor before making any investment decisions. While shorting TSLA may seem like a viable option, it is essential to consider the inherent risks associated with this strategy. Market volatility and unforeseen developments can significantly impact the outcome, so it is crucial to exercise caution and prudence.
In these uncertain times, it is essential to remember that the market is ever-changing, and opportunities can arise even amidst disappointment. By staying informed and making well-informed decisions, we can navigate these challenging waters with resilience and adaptability.
I encourage you to keep a close eye on Tesla's future developments, as they may offer insights into potential investment opportunities. Stay vigilant, analyze the market trends, and consider your risk tolerance before taking any action.
[EN] Tesla. Medium-term bearish signal // GaliortiTradingOn the 1-month chart NASDAQ:TSLA has lost its 10-session average , a chart widely followed by large traders, which may condition a bearish momentum in the medium term .
1 Month
Since November 2021 the price has been immersed in a counter-trend bearish channel with a final target at the floor of the long-term bullish channel ($100). Before that, it will have to previously exceed the medium-term bullish guideline (June 2019) in the vicinity of $175.
1 W
In the short term, prices present a series of supports that will initially stop the falls. The important liquidity zone between $200-220 and the 200-session average ($196) will help to contain the falls and will probably enter a sideways phase that will last a few weeks . It will then most likely attack the June 2019 bullish trendline.
1 D
In June of this year there was a bearish gap ($280 to $290) not yet covered that will act as a strong resistance in the future. A new bearish gap has been experienced during the day which has determined the loss of the 200 session average .
4 h
In the very short term the bullish gap from mid-August will contain the price decline. The large liquidity zone in which the price is starting to enter and the large oversold conditions will push prices to perform a pullback on its lost 200-session average. Even in this situation, the bearish gap may not be completely covered. This would open an important medium-term bearish trading window with stop loss above the gap and a first target at the uptrend line ($175) and a second target at the floor of the long-term channel ($100).
We must be very attentive to if the value fails to overcome the 200-session average on 4-hour charts. If it performs the pull-back and fails to restructure above it, it would trigger our bearish trade.
Pablo G.
TESLA ANALYSIS Boost and follow, Comment for signal, more.
There is no good situation to trade.
After the correct analysis of the chart in the previous idea, now we see the chart update. There is a possibility of further price decline, but there is good support for the end of this trend in the limit of 200-220 dollars.