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Teslalong

Tesla -> The Bulls Are BackHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Tesla stock just recently perfectly retested and also rejected an obvious previous weekly support zone which was now turned resistance. You can also see however that as we are speaking we are retesting previous weekly support, we are also having the potential creating of an inverted head and shoulders so from a weekly perspective I just do expect the continuation towards the upside. On the daily timeframe I uploaded my last analysis before the recent drop, perfectly predicting this correction and now from a daily perspective everything looks quite bullish, so from here it is definitely possible that we will see the next rally towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:TSLALong
by basictradingtv
47
Tesla -> First Drop And Then PopHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Tesla stock is now perfectly rejecting a quite obvious previous weekly support zone, which is now turned quite strong resistance. However Tesla stock is also approaching a previous weekly support zone, from which we could potentially also create a right shoulder, forming an inverted head and shoulders pattern, so from a weekly perspective I do expect a retest of the $170 and then a rejection towards the upside. On the daily timeframe you can see that market structure is currently massively bearish, but as mentioned above I am now just waiting for a retest of the previous support zone at $170 from which I also do expect a daily rejection towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:TSLALong
by basictradingtv
31
Tesla’s price has doubled in six weeks, where to from here?Back in October, we made an outlandish call for Tesla to more than halve and fall from $220 down to $100. Four months later, we are both delighted and somewhat saddened to see it came to fruition almost perfectly (although technically it only fell to $101.81, leaving out bear call out of pocket by $1.81 per share). It was nothing personal against the company or Elon, but we simply looked at the data and hypothesised an idea based it. So where is Tesla to go from here? Incidentally, the stock is almost right back where it was in October and trades at $202.35, having more than doubled and rallied 113.8% in just six weeks. Tesla (TSLA) weekly chart : We can see on the weekly chart that the rally from $100 has been string and in a relatively straight line, and volumes rose to a two-year high to show fresh buyers entered the market and bears closed out. However, we’re approaching the broken neckline which could potentially prompt a pullback (or a consolidation), but the strong volume and price action suggests it could eventually break above it. And whilst a bearish hammer formed two weeks ago, it was followed by a bullish engulfing week with higher volume to show demand at these highs. Therefore, a break below 187.61 assumes a pullback, but bulls may be interested in loading above this key level for a move to the neckline around $225. Tesla (TSLA) daily chart: The daily chart shows a small pullback within the range of a bullish engulfing candle at the highs. A small bullish hammer formed yesterday for a potential higher low above last week’s low, and the daily engulfing candle. After-hours trade also see it trade slightly higher. Also note that the 20 and 100-day EMA’s sit perfectly on last week’s low, making $187.61 an important support level for bulls to defend. RSI (14) remain positive above 50, so we’re looking for another burst higher on the daily chart. • The bias on the daily chart is bullish above $187.60 • We anticipated a move towards the $220 - $225 area (along the neckline, depending on how quickly it gets there), where we may then see a pullback from the broken neckline • Keep in mind the November high around $237.4 which could also cap gains over the near-term • A break below $187.60 assumes a deeper correction, where we’d then look for evidence of a swing low around a Fibonacci number or the ‘gap support’ zone’ (at which point reconsider longs, in line with weekly volume and momentum)
NASDAQ:TSLALong
by CityIndex
TSLA $TSLA #TSLA Tesla, Inc. Congratulations team members and all who have an entry point of $107-$114.42! We have a decent cushion here to let the QUEEN run smores. She can reach levels of $234.91 before this weeks end on the weaklies* expiration date A safety net was built throughout the struggling trials and tribulations. Current near term showing signs of pure glory potentially and convincingly BREAKING OUT. $219.35 $226.87. Stay safe out there. CAUTION: The QUEEN is notorious for having superior volatility. About the highest BETA on the entire board of stocks available to trade or invest in. PLEASE BE CAREFUL: THIS HORSE HAS NEVER BEEN BROKEN OR TAMED AND IS THE WILDEST RIDE ON WALL STREET Short term trend looking to breakout above the $214.55 trigger line level =stikstockitslive
NASDAQ:TSLALong
by moonstreetone
2
Future daily inverse H&S in TESLA? CPI reading could be decisiveThe recent rally of Tesla could be unstoppable. At least, until $316.10 level. A formation of an inverse head and shoulders could be underway should inflation lay low next Tuesday 14th of February CPI reading. However, in the context of high tensions between China and the US and Russia and Europe; other variables may affect the market destroying any prediction based on Chart Patterns. That is why, the support level of $166.47 should not be lost to continue believing in the beautiful bullish figure of the inverse H&S. The level $258.58 could act as a resistance after the figure is completed, dragging TSLA down following the downtrend channel since Nov 3, 2021. Let's see how it develops!
NASDAQ:TSLALong
by alexinve
3
AW Tesla Analysis - Eventual Move Up To $700 Area...According to the AriasWave methodology, we have seen what appears to be the end of Wave (B) followed by an impulsive move up. This suggests that Wave (C) has commenced, and I see support at $102. I would suggest looking out for a pullback first before entering the trade. Price may come back to fill the gap or use it as support, or it may not. Given that I am expecting a slight pull back in the Nasdaq and Dow Jones, there is a possibility. If there is enough interest in this idea, I could potentially do a deep dive on the waves at smaller degree. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research. ***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
NASDAQ:TSLALong
by AriasWave
3
Tesla (TSLA) Stock Price Analysis Hello and good day to all! As of now Tesla just broke out of its downward trendline and wants to push to the upside.. as you can see in this chart the price needs to push through the red portion on the Ichimoku cloud and make the 135.59 lVL of Resistance into Support in order to move up. If we can change this LVL into support, we will be looking at testing the 141.28 LVL. If Tesla continues up our next lvl to watch out for will be the 149.46 - 151.95 LVL AND then the 155.87 - 160.85 LVL from here.. Let me know what you guys think! I love hearing everyone's opinion! Have an amazing Friday everyone :)
NASDAQ:TSLALong
by owenNations
Tesla -> The Bulls Are Pushing HigherHello Traders, welcome to this free and educational multi-timeframe technical analysis . Just a couple of weeks ago Tesla stock perfectly tested and rejected a quite strong previous support zone towards the upside. However this bullish move of about 80% is still not over yet in my opinion, since we still have some room towards the upside until we retest the next resistance area. From a daily perspective I am now just waiting for a short term retracement back to the previous resistance zone which is now turned support, then I will wait for some bullish confirmation and then there is a high chance that we will see the next weekly push towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:TSLALong
by basictradingtv
41
TESLA: Buy the dip Strategy in short-medium termHi everyone! At the moment the Tesla's main trend is bearish, but at the same time, if we look at intraday charts, such as 1h time frame, we see a clear bearish structure (12345) under development. After its completion we expect an important technical rebound which should push the price into the $140 area. From next week we will go looking for wave 5 level and start taking long positions. 💖 Support our idea with your Like & Comment, thank you! 💖
NASDAQ:TSLALong
by TheAnonymousBanker
8
Let's talk about Elon & Tesla...Happy New Years people! 🎇 🎉 Starting 2023 off with another one of our Nostradamus style predictions. 🔮 Since Elon's massive selloff, speculation around Tesla has heated up. So we figured we'd throw in our two cents... Looking at the Tesla and SP500 daily charts here, we can see a few potential scenarios playing out. We've mapped some key levels; the major 2020 support of $60, the $80-$120 zone it recently dipped into, and the bounce zone of $130-$160. After the Elon-induced selloff, we saw a very nice bounce with 3 green candles last week. Definitely some short-squeezing taking place before years end. This bounce can easily make a run back up towards $130 if we see a sustained pump across equities. 📈 Of course, which direction Tesla will move in the short-mid term depends on the stock market as a whole. That's why we included (as always), the SPX. We can see a clear bounce off the top of the channel on the SPX that took place in early-mid December. We've crabbed along the last week or so, and our gut tells us a broader sell-off might be incoming in Q1. 📉 If you're a long-term older of Tesla, setting up a dollar-cost average grid on the way down in that $80-$120 zone, might not be a bad idea. 💪 Especially if we really nuke down towards the $60 major support. Long term we are VERY bullish on Tesla and all things Elon, but we might see some great buying opportunities here in 2023. Eyes peeled.👀 -TucciNomics Chief Overlord, AlgoBuddy
SP:SPX
by QuantVue
2
TSLA Bounced Off Support! What Next?The last time we made our Tesla chart, we were in a downward channel and expecting a bounce off support. It has since fell through that but looks to have found support at the $111 level. Looking at the weekly RSI, we can see TSLA is at the same level it was at in May 2020 before it had its huge run (oversold). This, combined with the bounce off weekly support at $111 leads me to believe we could be at a reversal point for TSLA. The next major resistance points are $128 and the bottom of the channel at $138. If we can break back into the channel, I believe $190 is highly likely. If we break back below support, then $92 is the next major level I'll be buying at. If you enjoyed my TA, please send a boost my way and comment below :)
NASDAQ:TSLALong
by CryptoScripts
4
Tesla huge technical and sentiment buy signalsTesla hit its target on log chart from head and shoulders pattern. Also huge deviation out of down wedge channel. Tesla bulls getting margin calls, people calling for 20-50$ targets. Hundreds of bulls with tsla cash tags in their twitters selling last few days vowing to never return. Best time to buy an asset is from forced sellers. I 50% deployed at $123-130. Monthly RSI is at zero. Flipping this trade a year from now for long term cap gains advantage Not advise, good luck.
NASDAQ:TSLALong
by A5gamakatsu