TESLA – Slippery Slope to 208 or a Drop All the Way to 191?Alright, traders, here’s the lowdown on Tesla (TSLA). Things are looking a bit dicey as the price slips through key zones. If the bulls don’t step in soon, we could see TSLA sliding down to the 208-207 range (black box). But if that level doesn't hold, we’re in for a deeper pull toward the 191-188 zone (orange box).
Key Levels to Watch:
Current Price: 218
First Support: 208-207 (black box) – Bulls need to show up here, or it’s more downside.
Deeper Target: 191-188 (orange box) – If sellers keep control, this could be the next landing zone.
The sellers seem to have the upper hand for now, but a bounce from 208 could shift things in the bulls' favor. Keep an eye on lower time frames to catch any early signs of a reversal.
If this analysis helped you, drop your thoughts in the comments—do we hold 208, or are we heading for 191? Follow, share, and spread the word if you found this valuable. Stay tuned for more updates.
Mindbloome Trader
Teslamotors
Tesla at a Crossroads: Breakout to $271 or Breakdown to $191Good morning, Trading Family!
Tesla’s price is idling in neutral, stuck between a potential breakout to $271 or a breakdown to $191. It’s like watching Elon flip a coin—will it blast off like a SpaceX rocket, or will the bears run out of juice and send it rolling downhill?
This kind of consolidation feels like the calm before the storm. Traders, keep your seatbelts fastened—whether it’s full throttle to the upside or a hard brake toward lower levels, this chart promises some action ahead.
Stay patient and focused. Trade what you see, not what you hope for.
– Mindbloome Trader
Tesla at a Crossroads: Will It Bounce to $275 or Slide to $202?Tesla’s at a make-or-break moment—are we looking at a nice correction back up to $275, or is it about to drop through the floor to $213, $208, and maybe even $202? If that $208 level doesn’t hold, we’ve got a strong 50% Fibonacci support around $203-$202—but whether it’ll catch Tesla or not is anyone’s guess.
Let’s dive into the key levels to watch and figure out if Tesla’s going to rebound or if we’re in for a deeper slide.
If you found this useful, give it a like, share your thoughts in the comments, and hit follow for more updates. Your support means a lot—after all, I need something to hold me up when Tesla can’t hold $208!
Mindbloome Trader
TESLA: 4 Hour DOWN TO THE 5 MINUTE MUST WATCH FOR WHATS NEXTMORNING TRADERS
currently this video is an extension of my last Tesla video I did we are are still trying to go to: will be break up and hit our 272 target or will need a bit more correcting to do before we can try our hands at the long trades.
I break this video down for you to give you the best insight into the best levels to look for if you trying to trade Tesla and why
Enjoy
MB Trader
Happy Trading
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 Wave Trading Unlocked: Easy 30-Minute BreakdownI was all set for Tesla to move downward, but things didn’t go as planned. Now, I’m switching gears and ready to explore an exciting potential rally instead! I’m keeping a close watch as Tesla inches closer to those crucial resistance levels, especially the $272-$278 zone. Every resistance level is a new chance for us to take action, and I’m right here with you for each twist and turn. Together, we’ll see how Tesla responds—will it break through or meet resistance? Let’s dive into this thrilling market journey, because I’m fully committed to helping you stay ahead and make the most of every opportunity!
Tesla - Breakout After Almost 4 Years!Tesla ( NASDAQ:TSLA ) is finally breaking out of the triangle pattern:
Click chart above to see the detailed analysis👆🏻
After a 4 year consolidation, Tesla is finally attempting to break out of the long term bullish triangle pattern. The monthly candle still needs to close but everything is pointing towards a major move higher, with the first target being the previous all time high from 2022.
Levels to watch: $250, $370
Keep your long term vision,
Philip (BasicTrading)
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 on the Rise: Can We Hit $350Hey traders! MB Trader here—hope everyone had a great week of trading. Let's dive into Tesla and talk about two potential scenarios I'm watching closely. There are some key levels in play, so here’s a quick breakdown of what could happen next:
Scenario 1: Correct and Push Higher
-We could see a correction, but Tesla might still head upwards toward the $250 range.
-This means a short-term pullback followed by a rise to $250 before any bigger correction hits.
This is the scenario I’m leaning toward until we get more data confirming the move.
Scenario 2: Deeper Correction Before Rebound
-If the correction goes deeper, Tesla could drop to $223-$228 before rebounding.
-This range is a crucial support level to watch—if it holds, we correct back up.
But, if that level doesn’t hold, we could break down toward $200 or even lower.
What I'm Thinking:
Right now, I’m more inclined toward the idea of hitting $250 first, then seeing a deeper pullback.
However, I'm staying cautious until we get more data, as Tesla’s moves can be unpredictable.
Let’s see how this plays out—stay sharp and keep those key levels on your radar. Talk soon!
Tesla 4 HOUR Are we Going to 234???? Good morning Traders
In this video I speak on Tesla and doing a quick break down on which levels to look for if we are breaking up with a target of 134 and beyond.
Enjoy the video
If you have any questions, comments, tell me what you like , dont like and what videos you want to see.
Happy Hunting
MB Trader
TESLA is looking to make a run for $345 during the 5th wave.Tesla looks like it might make a run to $345 in the 5th and final Elliott Wave over the next 2 to 3 months. This identical pattern appears to have already played out in an earlier instance, which makes it slightly more likely that the pattern will repeat itself.
Good luck, and always use a stop loss.
Tesla Part 2 Video Monthly - 5 Min : Where are we GOING & WHY Good evening Traders
Part 2 of my video I just created for Tesla:
In this video we get into the nitty gritty where this market is going and and some possible scenarios we can go.
We take this video from the 4 hour time frame and bring it down to the five minute chart for you all to see which levels to look for and why
Any questions, comments, what do you like ? What do you hate and why?
Lastly which countries is everyone from? I'm from Canada myself
Happy Hunting Traders
MB Trader
Tesla - This Is Still Not Bearish!Tesla ( NASDAQ:TSLA ) is stuck between structure:
Click chart above to see the detailed analysis👆🏻
Tesla continues to consolidate in the long term descending triangle pattern. Following previous price action, a bullish breakout is much more likely but Tesla is still trading below the trendline resistance. A potential bullish breakout will be followed by an incredible rally and new highs.
Levels to watch: $160, $230
Keep your long term vision,
Philip (BasicTrading)
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 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 Daily: Correcting up but how high will it go? So based on our previous analysis Tesla didn't break down which then allowed us to change our thesis that we are still correcting.
Based on what we see 235-238 range is what I see however it breaks that we can go to 252 which is not out of the question either
Currently I have given 4 analysis on the chart on where we see this market moving to.
Using technical analysis with fibs the probability for me hitting 235 and going down is high however we dont control the market our job is to follow it.
What are your thoughts on this analysis ? Like it ? Hate it? What more lower time frames or something else let me know
MB Trader
Tesla’s China-Made EV Sales Rise Amid Strong CompetitionTesla Inc. ( NASDAQ:TSLA ) continues to make significant strides in China, the world’s largest electric vehicle (EV) market. According to the latest data from the China Passenger Car Association (CPCA), sales of Tesla’s China-made EVs rose 3% year-over-year in August. Deliveries of the Model 3 and Model Y surged by 17% from July, driven by Tesla’s aggressive strategies to attract local buyers. As the company expands its influence, a closer look at both the fundamental and technical aspects of Tesla’s stock reveals an intriguing narrative for investors.
Rising Sales Amid Fierce Competition
Tesla’s growth in China is particularly impressive given the fierce competition it faces from domestic EV makers like BYD, Leapmotor, and Li Auto. BYD, Tesla’s biggest rival in China, reported a staggering 35.3% year-over-year increase in sales, reaching a record high of 370,854 units in August. Despite this, Tesla’s consistent performance indicates that it is holding its own, thanks to several strategic moves:
1. Extended Incentives and Financing Options: Tesla has been offering zero-interest loans of up to five years since April, catering to cautious buyers amid a sluggish economy. This strategy has proven effective, especially in smaller cities, where Tesla saw a 78% year-on-year increase in deliveries in tier-three cities and a 47% rise in second-tier cities like Hangzhou and Nanjing.
2. Government Endorsement: Tesla has gained significant government backing, with several local authorities recently approving Tesla models for official car purchases. This endorsement helps Tesla penetrate segments of the market previously closed off due to regulatory restrictions, boosting both its sales and brand credibility.
3. Expanding Product Line: Looking to keep its offerings fresh, Tesla plans to produce a new six-seat Model Y in China starting in late 2025. This move is seen as an effort to appeal to family-oriented buyers and differentiate Tesla from other competitors in the market.
Despite a global downsizing of its sales force, Tesla’s China operations have maintained strong sales momentum, thanks to these strategic adjustments. Analysts project that if the current trend continues, Tesla could hit a record quarterly sales volume in China for Q3 2024.
Navigating a Mixed Market Environment
Tesla’s stock has shown a mixed performance recently, with technical indicators presenting both opportunities and cautionary signals for traders:
1. Price Action and Chart Patterns: Tesla’s stock was up 3% in Friday’s extended trading session but dipped 0.18% in premarket trading on Tuesday. The chart shows a bullish engulfing pattern, a positive signal suggesting that buyers are stepping in at current levels. This pattern, coupled with a moderate Relative Strength Index (RSI) reading of 50.21, indicates a potential uptrend in the near term. If the RSI dips to 40, near the one-month low pivot of $183, a rebound could be expected.
2. Support and Resistance Levels: Tesla’s stock is poised to hold its current levels, with analysts maintaining a “Hold” rating on the stock. Key support lies around $183, while resistance levels hover near $200, indicating that Tesla could be gearing up for a potential breakout if buying pressure increases.
3. Investor Sentiment and Volume: Trading volume and investor influx are critical factors. A surge in these could further propel the stock upward. With the introduction of Tesla’s Full Self-Driving (FSD) feature in China expected by year-end, sentiment could turn increasingly positive, leading to higher trading volumes and bolstered prices.
Outlook: A Balanced Perspective
Tesla’s ongoing success in China and strategic initiatives point to a promising future, but investors should also be mindful of the broader market conditions. With high competition, economic pressures, and evolving consumer preferences, Tesla’s path forward in China will be closely watched. Technically, the stock shows signs of resilience, but maintaining its trajectory will depend on continued strong sales performance, positive regulatory developments, and the successful execution of new product rollouts.
For traders, Tesla offers a balanced risk-reward profile at current levels. The fundamentals provide a strong backdrop, while the technicals suggest that the stock is at a critical juncture. Whether you’re looking to hold for the long term or capitalize on short-term price movements, Tesla remains a key player in the evolving EV landscape. As always, keep an eye on macroeconomic trends and market signals to navigate this dynamic market.
TSLA (Tesla), growth after accumulationHi friends, Tesla want to growth in friday and monday time ... We have more then 1,5 million contracts to long position, also bearish solds come to finish label. So my opinion growth to 218.1 (x-lines level) in near time and maybe target 229 is optional for next week .. will see..
Have a nice trading day ;)
TSLA (Tesla), monday starts with short position.Hi everybody. Monday starts with short position. I think short-term target is 209.1 (x-lines level). We have more then 300k bears contracts from friday now. After that ofcourse another market process coming but now - downward (just my opinion ofcourse). Have a nice trading day and goodluck.