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Tesla Motors (TSLA)

Tesla (TSLA): Expecting a Pullback Before the Next RiseIn our livestream a few days ago, we talked about the impressive rise in Tesla's stock. Since our last analysis on June 13th, the stock has jumped 38% in just 19 days. This was somewhat expected because there was a lot of negative sentiment towards Tesla, which often leads to a significant rise. Congratulations to everyone who believed in Tesla with us. Our position is currently profitable, and the stock looks very strong. Current Situation: The current situation shows that Tesla has risen 40 % in less than 25 days, even though there was a lot of negative sentiment. The stock is very strong right now, but a pullback is likely. We think the stock could go up to $256, finishing the sub-wave 3. After hitting this level, we expect a Wave 4 correction, which will give us a chance to make more entries. Strategy: We plan to enter between $217 and $200. We will set the stop-loss at about $198 to protect against a failed Wave 4 scenario. Our strategy involves expecting the Wave 4 correction to close follow-up gaps and retest important levels. Even though the performance is strong, we should be careful as this could still be a temporary rise before another drop (a dead cat bounce). In conclusion, Tesla has shown impressive strength, but we expect a pullback before it goes up further. We are targeting the $256 level for the completion of Wave 3 and plan to enter more between $217 and $200, with a stop-loss at $198. We remain cautiously optimistic and will keep a close eye on the situation.
NASDAQ:TSLALong
by freeguy_by_wmc
6
LIVE Technical Breakdown of GOLD/XAU/USD || TESLA || DXY/USDSummary of Technical Breakdown for GOLD/XAU/USD (as of July 8, 2024) Overview: Instrument: GOLD/XAU/USD Chart Type: 1-hour timeframe Key Technical Points: Price Levels: Current Price: 2,361.315 High: 2,362.045 Low: 2,359.935 Trend Analysis: The chart displays a series of higher highs and higher lows, suggesting an uptrend in the short term. The price appears to be respecting a channel, with clear upper and lower boundaries. Support and Resistance: Resistance Levels: 2,450.370 (4HR LQZ) 2,387.683 Support Levels: 2,350.670 2,278.175 (LQZ 4HR) Chart Patterns: A flag pattern is visible, which typically indicates a continuation of the previous trend. The bottom of the flag is marked, suggesting potential support if the price retraces. Several consolidation phases are visible, indicating periods where buyers and sellers are balanced before a breakout. Recent Price Action: The price recently tested the upper boundary of the channel and faced resistance around 2,387.683, causing a slight pullback. The current support level at 2,350.670 is being tested, which could indicate a potential bounce back if the price holds this level. Conclusion: The technical analysis of GOLD/XAU/USD shows a generally bullish trend within a well-defined channel. Key support and resistance levels are identified, and the price is currently testing a significant support level. Monitoring these levels, along with typical indicators, can provide further insights into potential price movements.
OANDA:XAUUSD
by Adlercon333
DON'T SLEEP ON TSLA ON A THURSDAY or you might miss out on the runup to 191. Potentially higher, but likely into next week. 154 is looking likely should we break under trend. Basically per this chart, either tesla is ready to make a move to the upside, and it looks like a quick move pre earnings. If TSLA drops today into that support zone, it can trigger a run up to 184, and then possible 191. Hard to say exactly when or if it even hits 167.99, but at some point during a move like that, if it should occur, there will be time to grab some options and make a few decent trades. Depending on your style. If you're just investing to hold long, you want to buy pretty much sub 169. Lowest price I see atm is 109, but it might actually hold the levels at the 150 range. Good luck!!
NASDAQ:TSLALong
by nicktussing77
44
TRADE BTC/TSLA Pair and Grow your bagsBeen working on something. trying to make swing trades and longer term holds more efficient by trading in a non correlated pair. Such as BTC/TSLA As I want to stay in the market I can move allocation to the horse with the best momentum. Over time this rolls into more shares of TSLA or More BTC when timed correctly. I'm mainly using the yellow 21 EMA vs The Blue/Red Linear Regression Line and their position in relation to the 200 EMA. Still dialing in and will track over next few months. I can almost churn the longterm with this method. but for now I'm just giving it some gas to cook with and see how it works for me. Example today I purchased more TSLA since BTC's relation to TSLA is in a down swing as the 21 day (yellow) crossed down over the Linear regression line (blue/red) and now dipping below the 200 day ema. today TSLA is up 2.19% and BTC is up .38%. This combines both my TSLA holdings and BTC holdings into one big pool where I shift the bulk of the holdings to the Ticker with the best juice making profit on the margin between the 2 tickers while increasing total position size and still participate in capital appreciation.
BITSTAMP:BTCUSD
by AngryBuhda
TSLA FALLING WEDGE - EASY $250, $TSLAThe Falling Wedge is a bullish formation that starts with a wide top and narrows as prices decline. This movement creates a cone shape that slopes downwards as the reaction highs and lows come together. Unlike symmetrical triangles, which lack a clear slope and bias, falling wedges unmistakably slope downwards and exhibit a bullish bias. -The buy signal has been received. -Big Hands are buying NASDAQ:TSLA despite the bad earning= BOTTOM -MODEL 2 (EV Euphoria), FSD (Subscription & Licensing Income), INDIA GIGA FACTORY (cheaper and easier Production), OPTIMUS/ENERGY (Future & Growth) Buy now and hold until the EOY! NASDAQ:TSLA
NASDAQ:TSLALong
by sej4974
1
Tesla Rebounds From Multi Year Key SupportTesla's shares rose after the announcement of new models. Tesla shares (TSLA) rose 12 percent in post market trading on Tuesday, tracking gains in the U.S. market after the electric vehicle maker promised new, more affordable models. Tesla said on Tuesday it would introduce new models by early 2025 using its current platforms and production lines, while backing away from more ambitious plans to produce an all-new model expected to cost $25,000. The rise in Tesla shares provided a much-needed boost after Tesla struggled for months with tough competition and declining sales. In technical terms, Tesla shares are supported by a multi-year uptrend. In addition, resistance trend line is also pointed out.
NASDAQ:TSLA
by Pandorra
TSLA - UniverseMetta - Analysis#TSLA - UniverseMetta - Analysis The price after the previous review fulfilled local goals. Now you can observe a breakout of the global trend line with possible consolidation behind the line, which may suggest the beginning of a 3-wave structure; you can try to continue holding or gaining Long positions. the most likely option is a correction after a strong impulse, where you can buy at the best price. If a retest of the border occurs, it will be possible to safely hold it up to levels 300 -460. Target 300 - 380 - 460
NASDAQ:TSLALong
by Trade-U-Metta
Tesla's Stellar Performance Ignites S&P 500 The U.S. stock market reached a new milestone on Tuesday, July 2nd, 2024, with the S&P 500 closing above 5,500 for the very first time. This historic achievement was fueled by a powerful surge in Tesla's stock price, coupled with positive signals from the Federal Reserve regarding potential interest rate adjustments. Tesla, the electric vehicle (EV) leader, emerged as the star of the show. The company's stock price skyrocketed by over 10%, propelled by exceeding analyst expectations for their second-quarter deliveries. This impressive feat marked Tesla's second consecutive day of strong gains, solidifying investor confidence in the company's future prospects. The positive momentum surrounding Tesla not only propelled its own stock price but also had a ripple effect on the broader market, particularly the Nasdaq Composite. The tech-heavy index followed suit, closing at a record high itself, exceeding the 18,000 mark for the first time ever. Beyond Tesla's individual performance, another significant factor contributed to the market's bullish sentiment. Federal Reserve Chair Jerome Powell, in a much-anticipated speech, hinted at the possibility of future rate cuts. This dovish stance from the Fed was met with enthusiasm by investors, as lower interest rates are generally seen as a positive catalyst for stock prices. Chair Powell's comments suggested that the Fed is cautiously optimistic about progress made in combating inflation, potentially paving the way for a more accommodative monetary policy in the near future. The confluence of these events – Tesla's dominance, the Nasdaq's record highs, and the Fed's softening stance on inflation – created a perfect storm for the S&P 500 to breach the coveted 5,500 barrier. This milestone signifies a period of exceptional growth and resilience for the U.S. stock market. It's important to remember, however, that market triumphs are rarely linear. While the current outlook appears optimistic, there are always external forces that can influence market direction. Looking Ahead: Sustainable Growth or Market Correction? The question now on everyone's mind is whether this record-breaking rally can be sustained. Analysts hold varying perspectives. Some believe that the market's current momentum is a reflection of a robust and growing U.S. economy, with factors like strong corporate earnings and continued technological advancements fueling the rise. They argue that the S&P 500's ascent above 5,500 represents a new chapter in market history, and further growth is possible. However, others express caution. They point to potential risks, such as ongoing geopolitical tensions, potential supply chain disruptions, and the possibility that inflation might not be definitively tamed. These factors, they argue, could trigger a market correction in the future. Investor Takeaways: Navigating the Evolving Market Landscape Regardless of one's specific viewpoint, this historic event serves as a crucial reminder for investors. It underscores the importance of conducting thorough research, maintaining a diversified portfolio, and having a long-term investment strategy. Investors should also stay informed about economic developments and adjust their strategies accordingly. The S&P 500 breaching 5,500 is undoubtedly a significant milestone. It reflects a period of exceptional growth for the U.S. stock market, fueled by a combination of strong corporate performance, optimism about inflation, and potential adjustments in monetary policy. However, as with any market rally, there are always underlying risks to consider. By staying informed, maintaining a diversified portfolio, and adhering to a well-defined investment strategy, investors can navigate the evolving market landscape and potentially benefit from the current economic climate.
NASDAQ:TSLALong
by bryandowningqln
TSLA To The Moon?Tesla has had an amazinf rally in recent sessions. We are now into major resistance. Hitting the weekly 200 MA Hitting major downsloping trendline. If we break this trendline a major bullish pattern is on watch. A weekly inverse head and shoulder pattern that could yield a 100% return. If we reject here, a major bear pattern could take hold. This level is so fascinating as it hinges on a major business milestone approaching in August. The ROBOTAXI could be a game changer! Buy the rumour sell the news?
NASDAQ:TSLA
by Trading-Capital