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Tesla Motors (TSLA)

Tesla (TSLA): Long-Term Breakout Backed by Strong MomentumChart Analysis: Tesla shares have surged past key resistance at $415, marking a significant breakout with strong bullish momentum. 1️⃣ Key Breakout: The price broke above the horizontal resistance level at $415, which previously capped gains in 2021. This breakout signals renewed strength and opens the door for potential continuation. 2️⃣ Moving Averages: 50-week SMA (blue): The price is well above the 50-week SMA at $227, highlighting robust upward momentum and a bullish long-term structure. 3️⃣ Momentum Indicators: RSI: Currently at 80.96, signaling overbought conditions. While this reflects strong buying interest, traders may watch for signs of exhaustion or a pullback. MACD: Bullish momentum is accelerating, with the MACD line rising sharply and far above the signal line. What to Watch: A potential retest of the $415 breakout level as support would be a key technical development to confirm the breakout's strength. Traders should monitor RSI for signs of divergence or overbought reversals while keeping an eye on continuation patterns. Tesla has broken free from a multi-year range, driven by strong bullish momentum. The price action and breakout above $415 suggest bulls are firmly in control. -MW
NASDAQ:TSLA
by FOREXcom
TESLA: Money On Your Screen 2.0| Lock in Fully 200% & 135% gainsA little over a month ago, I shared a post on TradingView recommending to take partial profits on Tesla shares. Back then, my target was around the $280–$300 zone, which was reached in the middle of November. Now, Tesla has climbed even higher, almost touching the $500 level! This year, I shared two key ideas on Tesla: The first was in April, highlighting an optimal entry point that could yield up to +200% returns. The second came in early August, offering a chance for a +135% gain. If you followed these ideas and held through, it might now be the ideal time to close out the rest of your position - full close. The current price level is extraordinary. Remember again ;) - money on your screen won’t feed your family. Gains are only real when they’re realized! What’s Next? The $500 zone is an impressive milestone, but such levels often come with increased volatility. If you’re considering holding for the long term, have a clear plan in place. For those taking profits, congratulations on seizing the opportunity, this is the result of disciplined strategy and execution. This rally is another example, power of technical analysis, helping identify strong entry points and key exit zones. Cheers to everyone who joined in and made the most of this move! Best regards, Vaido
NASDAQ:TSLA
by VaidoVeek
Daily Watchlist (12/17/24) + Market NotesSPY - Failing attempts all over to reclaim highs and lows, so we are making new intraday Broadening Formations. The current one as seen in the chart, is looking to potentially head back through previous range if unable to continue to the upside pivots around 608.40 and 609. Given we have FOMC news Wednesday, I am not expecting too much to happen tomorrow as we are stuck in previous range and keep seeing failed attempts to reclaim pivots. Of course anything can happen, but I will strictly be watching individual names only for trades. QQQ - New ATH again today. Nothing special to note besides the fact that tech is obviously leading things this week DIA - Polar opposite of QQQ. Industrials getting slammed again this week as DIA puts in its 8th consecutive Daily lower low IWM - Green today but similar to DIA Overall market notes: Its clear that the market continues to see cyclical names move higher while more defensive and noncyclical names continue lower. In light of FOMC this week, it doesn't seem like any sectors are making too big of shifts besides financials finally seeing some buying again. Mainly just concerned with what SPY does this Wednesday as it seems like usual we are waiting for the news before making the next significant move. WATCHLIST: Bullish : NASDAQ:PLTR - Potential 3-2U daily with a potential 3-1-2U 4HR to trigger the day. FTFC green, but week is inside with lots of room to go for either side to go 2 Bearish : NYSE:UBER - Potential 2-1-2D Daily. Shooter inside day to put week 2D and confirm Q attempting to go 3 after hitting hammer revstrat upside magnitude earlier this Q NYSE:PFE - Potential 3-2D daily to put week 3-2D. Weekly reversal occurred at Q exhaustion, but failed 2 upside attempts now. "Fail one side, target the other" NYSE:PINS - Potential 3-2D Daily to confirm Weekly 3-2-2D in force with magnitude left Notable winners from weekly watchlist (posted Sunday 12/15): ETSY, RBLX, RKLB, OXY, WMT
AMEX:SPYShort
by Alanger17
Daily Watchlist (12/17/24) + Market NotesSPY - Failing attempts all over to reclaim highs and lows, so we are making new intraday Broadening Formations. The current one as seen in the chart, is looking to potentially head back through previous range if unable to continue to the upside pivots around 608.40 and 609. Given we have FOMC news Wednesday, I am not expecting too much to happen tomorrow as we are stuck in previous range and keep seeing failed attempts to reclaim pivots. Of course anything can happen, but I will strictly be watching individual names only for trades. QQQ - New ATH again today. Nothing special to note besides the fact that tech is obviously leading things this week DIA - Polar opposite of QQQ. Industrials getting slammed again this week as DIA puts in its 8th consecutive Daily lower low IWM - Green today but similar to DIA Overall market notes: Its clear that the market continues to see cyclical names move higher while more defensive and noncyclical names continue lower. In light of FOMC this week, it doesn't seem like any sectors are making too big of shifts besides financials finally seeing some buying again. Mainly just concerned with what SPY does this Wednesday as it seems like usual we are waiting for the news before making the next significant move. WATCHLIST: Bullish : NASDAQ:PLTR - Potential 3-2U daily with a potential 3-1-2U 4HR to trigger the day. FTFC green, but week is inside with lots of room to go for either side to go 2 Bearish : NYSE:UBER - Potential 2-1-2D Daily. Shooter inside day to put week 2D and confirm Q attempting to go 3 after hitting hammer revstrat upside magnitude earlier this Q NYSE:PFE - Potential 3-2D daily to put week 3-2D. Weekly reversal occurred at Q exhaustion, but failed 2 upside attempts now. "Fail one side, target the other" NYSE:PINS - Potential 3-2D Daily to confirm Weekly 3-2-2D in force with magnitude left Notable winners from weekly watchlist (posted Sunday 12/15): ETSY, RBLX, RKLB, OXY, WMT
AMEX:SPYShort
by Alanger17
Watchlist (12/16-12/20) Using TheStratSPY Analysis: Month is 2U but back under previous M high and close to flipping red. Last week was 2D but failed to get to magnitude and closed red, but above the reversal trigger at previous week lows. Daily was 2D on Friday, so the daily actionable signal would be a 2D-2U reversal if buyers were strong enough to make a higher high on the daily come Monday. To get us lower, we have a 3-1 4HR setup as well as a shooter 2U Hourly candle. Trigger and target levels can be seen on the chart. Overall, we have some confliction as the D and W are red while the M is still green. This shows an attempt to flip the month red and we must view it this way until we see a daily higher high. If that were to happen, then we look to see the week flip red and then possibly make a higher high on the week for the weekly reversal back to the upside, which would re confirm the month being 2U and green. Traditional TA traders will see a wedge or bull flag on the daily/4HR, but as Strat traders, we know this is just a lack of strength from either side as we continue seeing failed attempts to make HHs and LLs. Although unconventional, if you check the 3 Day TF through the 8 Day TF, you will see they are all currently inside bars in formation still. We also know that inside bars restart the process of making broadening formations, so now its just a waiting game. We see the current attempt is to make lower lows on the daily since we failed to take highs out after the daily reversal, so we now either take out lows, or fail and move back through previous range to the upside. With conflicting situations like this, you just have to rely on timeframe continuity. Until the M, W, D, and 60 are all the same color, simply fall back on top down analysis and timeframe continuity to see what's really going on regardless of how the charts may look Weekly Watchlist: Bullish: ETSY - 2-1 Week, Failed 2D Day. FTFC Green, so looking for BF expansion on the weekly CRWD - 2-1 Hammer Week. 4HR inside bar. Monthly 3-2-2 still slowly compounding 2Us to Mag RBLX - MoMO Hammer 2U week. 2-1 Daily to trigger week RKLB - 3-2D Hammer Week. Relatively large ATR and high rVol Bearish: MCD - 3-1 Week, Shooter 2U Day PINS - 3-2U failed Week, No Daily AS. Weekly Motherbar issues so caution here PDD 1-2U failed week (Revstrat). No Daily AS. Going for large weekly BF magnitude ROKU - Failed 2U Week. At Monthly exhaustion risk. Daily PMG and gap fill potential OXY - 2-1 Shooter Week. Not much range, but clean weekly AS and all big oil names deep red DDOG - 2-1 Week (Huge red week), Daily 1-3. 2 Daily gap fills, and some weekly lows to target LVS - 2-3 Week. At Q exhaustion. Will be FTFC Red before W triggers the 3-2D Neutral: WMT - 2-1 Week, Daily 3-2D failed. Daily AS could send it back into ATH. Alternatively there is an 11 pivot PMG to the downside + a small gap to fill
AMEX:SPY
by Alanger17
Tesla Hits New Highs! Will Santa Bring a $500 Gift for Xmas?Tesla’s stock is delivering holiday cheer, hitting an all-time high of $436 just in time for the season. Analysts are buzzing about where Santa might steer this EV sleigh next. Using the Fibonacci retracement tool, the 161.8% extension suggests a gift-wrapped target of $571.93 , while the trendline forecasts a cozy $490-$530 range by New Year’s Eve. But wait, there’s more in the stocking! Tesla’s breakout was accompanied by high trading volume, like elves working overtime in the workshop. Meanwhile, the RSI is sitting at a frosty 78, suggesting Tesla might need a pullback before flying higher. Analysts are chiming in, with some predicting $472 and others dreaming of even higher targets for 2025. If things go the other direction, keep an eye out for the $390-$400 range for key support. A break below this could mean Christmas is canceled. Will Tesla soar like Rudolph or will Jack Frost be nipping at investor's hopes? Only time will tell, but one thing’s for sure: Tesla is the star atop this year’s stock market tree. Keep your eyes on the chart for more festive moves! Let's sleigh the stonk market together! For more analysis and chart trends subscribe and launch that 🚀 to new all time highs!
NASDAQ:TSLA
by StonkMarketParty
TSLA to $420?TSLA has been on a tear over the past month or so. Using the Magic Linear Regression Channel indicator we look at the chart of TSLA and see that it has blown through a lot of the parallel channels, making it seem difficult to pinpoint. But, by adding an outer Fibonacci band to the Magic Linear Regression Channel, and selecting starting pivot highs followed by the biggest drops, we can form a channel that has an upper Fibonacci channel that coincides with the all-time high. However, since TSLA didn't get to Elon's favorite number, 420, last time around, I think it will make it there this time before correcting or consolidating. And, it could make it there before the end of the year.
NASDAQ:TSLALong
by mwrightinc
2
Tesla (TSLA) Shares Surge to a New All-Time HighTesla (TSLA) Shares Surge to a New All-Time High The chart for Tesla (TSLA) shares reveals: → At the beginning of December, the price was around $350; → Yesterday, the trading session closed above $420, surpassing the previous all-time high near $410 set in 2021. The primary driver of this bullish sentiment appears to be the partnership between Elon Musk and Donald Trump. Since the 5 November election, Tesla shares have broken through a key resistance level near $265, rising approximately 69% and adding around $555 billion to the company’s market value. Additional positive factors include: → Investor expectations that Tesla’s planned affordable new model could become a bestseller in 2025; → The company’s plans to launch self-driving taxis and other innovations. Can the Bullish Momentum Persist? According to Barron’s, Tesla shares might be overvalued from a fundamental perspective. Currently, TSLA trades at roughly 125 times the expected earnings for 2025, a ratio reminiscent of the previous peak when the stock dropped by about 50% in 2022. Technical Analysis of Tesla (TSLA) Shares → The November consolidation around $350 (marked by a thick blue line) may indicate the median of the long-term upward channel (shaded blue). → Throughout 2024, the lower boundary of this blue channel has provided strong support. In the most optimistic scenario, TSLA shares could rise toward the channel’s upper boundary near the psychological $500 level. → The RSI indicator is above 80, suggesting the price is vulnerable to a pullback, as observed earlier this year. In this scenario, a test of the $400 psychological level cannot be ruled out. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:TSLA
by FXOpen
2
TESLA option play planFirst of all thanks to papa E and orange toasty for becoming besties, we getting the mad pump. Second of all it was a reasonably easy bet to take. Why take 2x on vanilla trump vs harris when you can slap on some out of the money option calls? its a full win/lose bet but the options get you 5-10x average for this one. Risk - Reward ratio is everything. If your taking the risk make sure the reward pays for it. Putting this one down so I can reference going forward. Yeh we might go flat for few months.. or dump because of tarrifs and xyz blah blah,, but This is just the strong bull option which is the scenario im aiming to hopefully play. Euphoria/blow off phases tend to have two main features 1. its velocity/momentum is faster than you think (its over before you know it; just when your getting really excited) 2. it tends to go higher than you thought PE ratios, valuations etc are hinting at top energy here. lets ride it and hopefully jump ship in time.
NASDAQ:TSLALong
by Crypto-Quantum-Fox
Sliding In December: Is Tesla (TSLA) Losing Its Spark? As always, we like to keep it clean and simple, with technicals and analysis that's easy to see and understand. Let's get into it: Losing all its spark? Nah. But, we see a correction for TSLA happening this December, starting within the next 1-2 days. Why? - It’s currently bumping into price levels we last saw in 2022, which served as a strong ceiling back then and might trigger profit-taking now. - It's well into a Wave 5 Elliott Wave, signaling exhaustion in 4h/8h/1D timeframes. - Overbought. Additionally, many are noting that Tesla’s valuation feels stretched compared to its earnings and growth prospects. Analysts point out that its current price may rely on overly optimistic assumptions about future market share, tech breakthroughs, and profitability. Some also highlight that competitors are catching up, which could eat into Tesla’s premium valuation. Meanwhile, skeptics argue that the stock’s recent run has simply gotten ahead of fundamentals, and a correction might be due as more realistic expectations set in. We see a 10% slide to the $360 range. Let's see what December brings. Be Alert. Trade Green.
NASDAQ:TSLAShort
by JC7USA