Tesla: Wave [iii] Impulsive Move!Over the past two weeks, Tesla’s stock saw a sharp uptrend followed by a sell-off. We consider the low of the magenta wave as settled and now anticipate a five-part impulsive movement during the magenta wave . Regarding the subwave count, there is more room on the downside for the blue wave (ii), before the subsequent wave (iii) should surpass the resistance at $271. However, in our 30% likely alternative scenario, renewed selling pressure could push the stock below the $167.41 mark and thus toward a new low of the blue wave alt.(II).
Teslaforecast
Tesla on the Verge: Breakout to $275+Morning, trading family! Let’s dive into what I’m seeing with Tesla (TSLA) right now. We’re sitting in an interesting spot between 262-263, and the next move could set the tone for where we’re headed. Here are the scenarios I’m watching.
Scenario 1:
If Tesla can break above this 262-263 zone with some momentum, we could see a strong push toward 275. If buyers keep piling in, I’ll be watching 281, 287, and maybe even 304 as potential targets down the line.
Scenario 2:
But if things get shaky and we break down by 20 points or so, that would shift the narrative a bit. We’d probably need to re-test some lower levels before making another attempt at higher prices.
Mindbloome Trading / Kris
Trade What You See
TESLA (TSLA) Stock Rockets: Short-Term Long Trade AnalysisTESLA (TSLA) Stock Chart Analysis
Time Frame: 15-minute
Trade Type: Long setup, entry already achieved
Entry Price: $246.76
Stop Loss: $229.43
Take Profit Levels:
TP1: $268.17 (Hit)
TP2: $302.82
TP3: $337.46
TP4: $358.88
Key Insights
Volume Surge: Current volume at 161.61 million, nearly doubling the 30-day average of 82.11 million, indicating strong buying momentum.
Earnings Catalyst: Recent Q3 earnings report boosted investor confidence, leading to a 26% stock price surge over two days. Elon Musk’s holdings rose significantly, adding approximately $38 billion to his net worth.
Next Catalyst: Earnings report expected in 87 days, maintaining potential investor interest.
Tesla's recent earnings report has catalyzed a bullish breakout, achieving TP1 with a clear path towards higher targets. Given the elevated volume and positive momentum, this trade aligns well with the current market sentiment.
Tesla Weekly to 4 Hour Deep Analysis EVERYTHING YOU NEED TO KNOWMorning Trading Family
Tesla broke out of the zone we expected it would with a quick fake for the bears then the positive news punched Tesla up like no tomorrow.
Today I break Tesla down into the nitty gritty using all the tools to give you levels to look out for in the coming days.
Overall Tesla can hit 300 and beyond but we have a few levels to hit before we get there.
Enjoy the video
If you liked this content, follow, like, share and boost: truly grateful for your time and your comments
Mindbloome Trading
Trade What You See
TESLA (TSLA) Plummets: Short Trade Hits Key TargetsTesla has shown a strong downward movement, breaking below key support levels. The entry point was established at 247.34, and since then, the price has declined rapidly, confirming the bearish momentum.
Key Levels
Entry: 247.34 – This level marked the beginning of the short trade as Tesla broke down below the Risological dotted trendline.
Stop-Loss (SL): 253.24 – Positioned slightly above the resistance formed by the recent highs, this level provides sufficient protection in case of a reversal.
Take Profit 1 (TP1): 240.03 – Already achieved, confirming the initial bearish move.
Take Profit 2 (TP2): 228.22 – The next level of profit where further downside pressure see sellers locking in profits.
Take Profit 3 (TP3): 216.40 – Tesla has reached this point, reflecting strong bearish momentum, possibly heading towards the final target.
Take Profit 4 (TP4): 209.10 – This is the final support level where the trade could conclude, given the sustained bearish sentiment.
Trend Analysis
Tesla has broken below both the Risological Dotted trendline (red line), indicating a solid downtrend.
The steep sell-off suggests the stock may continue its downward trajectory unless there is a strong reversal or news event that shifts market sentiment.
The bearish momentum is well in play for Tesla, and with TP3 already hit, the stock is moving towards the final profit target at 209.10
Tesla 4 hour-5 min: Are we going up to 272??Good morning traders
alright what is Tesla doing??? From what my thesis is are we finishing our 4th wave down or do we have some more correcting down to do before we reach for the goal of 272 that is the question.
I break it down for you in the video nice quick and short one for you
If you found the video helpful: like boost comment give me your thoughts in the comments below
Happy Trading
MB Trader
Tesla Full Analysis Weekly to 30 minute Must Watch Good afternoon everyone
In this video I give you in full detail a full analysis of Tesla where it is going and why and the tools I use to see everything in between.
If you have any questions or comments I am an open book and want to make the best videos I can for everyone.
MB Trader
Happy Hunting
Tesla Wave Analysis: Key Weekly to 30-Minute Projections to WatcHey traders, here’s a quick Tesla update! We’re sitting around $238, and here are the key scenarios I’m watching:
Scenario 1: If we hold here, we could see a move up to $250 before a deeper correction.
Scenario 2: We might break down to $235-$233, then potentially rebound from there.
Worst Case #1: If a deeper correction happens now, Tesla could drop to $222, but eventually head toward $260.
Worst Case #2: If we break below $222, then $210 is imminent. This would be a major red flag, so we need to be careful—it could lead to further breakdown in the market.
What do you think? Agree with these levels? I’d love to hear your feedback on what you like, don’t like, or any thoughts you have. Let’s stay sharp and safe out there!
MB Trader
Tesla Four Hour how far is this market going up ???????Good morning Traders
I created a video for you all in relation to how far this market for Tesla is moving up along with 4-5 scenarios I can see possibly playing or to watch out for.
Any questions, thoughts, comments send them my way or comment below
We dont predict the market we follow it
MB Trader
Happy Trading
Tesla 30 Min Correcting up now !!!!!!Good morning traders
Here is your 30 minute view of what the market looks like its doing:
Currently we have some strong resistance at 220-223 area: my best thesis is we hit here and then fall back down.
However we follow the market not predict it therefore if those levels break then I would not be surprised we go back to the top correct a touch and then break through and head up to the 280 range.
Any questions, what you like and dont like let me know happy to help where I can
MB Trader
Tesla 4 hour- Daily are we correcting up if so how high ? Good afternoon traders
Currently basing on my thesis I see a correction of some sort how high this correction will go I am unsure however we do have some levels in place that will allows to understand where this market can go to.
Currently right now lets see how the market opens and see which levels hold which levels break.
Watch the video and let me know if you like it, hate it or want me to create more videos on how I trade and why in more specific detail.
Happy trading everyone
MB Trader
Tesla Video Analysis on the Monthly and Weekly Bearish ? Good morning everyone MB Trader here
Hopefully everyone is gearing up for a great week of trading:
Based on what we are currently seeing some current levels we will be hitting lower down to 150 range possibly lower if this market breaks down further.
Let me know what you think of the video; hate it , love it , want me to make more videos on something in particular let me know
Happy Sunday
MB Trader
Tesla Four Hour surprising correction but how far will it go up?So Based on previous analysis the thesis is we would drop down however this did not occur.
With the new thesis we are seeing possible 5 scenarios take shape plus one which is Tesla takes off like a rocket and makes higher highs: however unless confirmed on the Weekly I dont see that being likely as of yet.
Currently the 235-238 area is what I am more leaning towards: however that being said the market can drop at one of those five levels shown in the image. So please be beware of it.
Any thoughts or questions? What do you like and dont like? Always open to feedback
MB Trader
TSLA Tesla Options Ahead of EarningsIf you haven`t bought the dip on TSLA stock:
nor sold the regional top:
Then analyzing the options chain and the chart patterns of TSLA Tesla prior to the earnings report this week,
I would consider purchasing the 220usd strike price Calls with
an expiration date of 2024-2-16,
for a premium of approximately $7.05.
The stock is also oversold on the Daily timeframe. Looks primed for a rebound!
TESLAPair : TESLA Index
Description :
Bearish Channel as an Corrective Pattern in Long Time Frame and Bullish Channel as an Correction in Short Time Frame with the Breakout of the Lower Trend Line and Retracement. It has Completed " 12345 " Impulsive Waves and " A - wxy " Corrective Waves
Entry Precaution :
Wait for the Proper Rejection