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Tslaanalysis

Robotaxi day coming! Tesla is about to go bullish again? Tesla started a short-term pullback after be rejected by the resistance level of previous highs and the upper edge of the bullish channel, exactly followed what we have predicted on 25 sep. so will tesla stop drop and go bullish again? once point will need our attention is that tesla has been promoting their upcoming “Robotaxi Day” presentation, set for October 10 at Warner Brothers Studios in Los Angeles. if it could meet market expectations, the price could be supported above the lower band of bullish channel. It probably will start to go bullish again!!!
NASDAQ:TSLALong
by xugina78
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!
NASDAQ:TSLA
by Mindbloome-Trading
Tesla Stock Slips as Deliveries Miss ExpectationsTesla (NASDAQ: NASDAQ:TSLA ) saw a notable decline of 5% in early trading Wednesday following the release of its Q3 2024 delivery and production numbers. While the electric vehicle (EV) giant reported 462,890 deliveries—slightly above analysts' predictions—investors had anticipated higher performance, leading to a sell-off. This drop brings NASDAQ:TSLA down to $244.86, reflecting the ongoing battle between Tesla’s robust market presence and increasing competition from global automakers. Q3 Delivery Report: Falling Short of the Hype Tesla (NASDAQ: NASDAQ:TSLA ) delivered just under 463,000 vehicles in Q3 2024, surpassing the 461,000 estimate, but investor sentiment seemed to have set loftier expectations. The production numbers were similarly positive, with Tesla (NASDAQ: NASDAQ:TSLA ) producing 469,796 vehicles, up from the 430,488 vehicles produced a year ago. Despite this growth, the stock slipped as the market had expected a more substantial increase to sustain the company’s valuation, which had already jumped 32% in the previous quarter. Analysts from Wedbush described the report as "a step in the right direction" but also noted that some investors may have been looking beyond these delivery figures, anticipating the October 23 earnings report and the unveiling of Tesla’s much-discussed "robotaxi." Still, Tesla faces ongoing headwinds, especially in the competitive EV landscape. Competition Heats Up Tesla’s dominant position in the EV market is increasingly challenged, especially by Chinese automakers like BYD and Geely, as well as emerging rivals Li Auto and Nio. In the U.S., Rivian, Ford, and General Motors are all making headway into the EV space, with GM recently reporting a 60% year-over-year increase in EV sales. Even with Tesla maintaining a significant lead in the U.S. market, these rising competitors are placing pressure on its growth trajectory. Tesla’s lack of specific delivery guidance for 2024 raises additional concerns. Although the company’s sales are growing, its ability to maintain such momentum amid fierce competition is in question. Analysts will be closely watching Tesla’s October 23 earnings report, with a particular focus on profit margins and how Tesla navigates the balance between maintaining its market share and controlling production costs. Technical Analysis: The Chart Speaks Volumes On the technical side, NASDAQ:TSLA ’s stock is showing signs of weakness. As of the time of writing, the stock has dropped 3.57%, with a Relative Strength Index (RSI) of 57.43—an indicator that the stock is losing its buying momentum and moving closer to a neutral or selling zone. While Tesla (NASDAQ: NASDAQ:TSLA ) remains above its 50-day and 200-day moving averages, suggesting underlying strength, the dip in RSI indicates potential volatility. Tesla’s ability to stay above key moving averages amidst such market pressure will be critical in determining its next moves. Investors should keep an eye on whether the stock can sustain levels above its moving averages or if further selling pressure will drag it down into a correction territory. As the market awaits the earnings report later in the month, these technical patterns could provide a roadmap for short-term traders. Tesla’s Future: More than Just Deliveries Tesla’s long-term growth story remains intact, bolstered by innovations like self-driving technology and upcoming projects like the robotaxi. However, the EV maker must continue to outpace competitors and reassure investors that it can meet growing demand without sacrificing profitability. As the global EV market matures and competition ramps up, Tesla’s ability to innovate while maintaining healthy margins will be the key to its future success. In conclusion, while Tesla’s Q3 delivery numbers met expectations, they fell short of the hype, leading to a sell-off. The stock remains technically strong, but investors should be cautious as it approaches critical RSI and moving average levels. With earnings just around the corner and Tesla’s next big product reveal on the horizon, the coming weeks will be pivotal for the company’s stock performance.
NASDAQ:TSLA
by DEXWireNews
Tesla Trades That Hit The Mark: 75% and 30% Gains Explained! Two successful Tesla trading ideas, one from April and one from August. April entry would now be around 75% up, and August entry around 30%. Both ideas show how technical analysis can accurately time the market and generate returns. Future resistance levels could indicate potential price consolidation. This year, I shared two ideas about Tesla: The first idea in April. The second idea in early August. If you bought Tesla stock in April and still hold it, you should be up about 75%. If you entered in August, your position should be up around 30%. Both ideas played out exactly as predicted, proving once again that technical analysis helps to time the market and put your money to work as quickly as possible. While fundamental analysis tells what should happen, technical analysis shows what actually happens. April Idea Criteria: Strong area, confirmed by powerful candles in late 2022 and early 2023. Mid-round number of $150. Small liquidity zone around $150. Smooth descending price movement into the zone I shared. August Idea Criteria: Break above $200 with a powerful candle. Break above a long-term trendline, again with a strong candle. Price pulled back to the breakout area: 3.1 Retest of $200, now acting as support. 3.2 Trendline retest. 3.3 Historically strong area around $200 – several rejections before. What’s Next? If you are still holding, the next target could be around $280–$300. This is the next strong resistance level. As you can see from the chart, this area has multiple rejections in the past. It might be a good idea to take some profits, as the price could get stuck here for a while, and it’s uncertain how and when it will break through. Summary: This is a great example of how technical analysis can guide you to better price entries, potentially leading to higher returns in the future. It does take some experience, but these criteria are not hard to spot once you know what to look for. It’s definitely not rocket science to master the basics. All the best, Vaido
NASDAQ:TSLA
by VaidoVeek
3
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
NASDAQ:TSLA
by Mindbloome-Trading
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!
NASDAQ:TSLALong
by Mindbloome-Trading
4
TSLA / UNDER BEARISH PRESSURE - 4HTSLA / 4H TIME FRAME HELLO TRADERS Currently, prices are trading below the turning level at 250, which indicates a potential for downward pressure. If prices remain below 250, it suggests a potential decline towards 214. Should prices stabilize below this level, further declines towards 194 could be expected. However, if prices break above 250, confirmed by a 1D or 4H candle close, the market may shift to an upward momentum, potentially reaching 264 and 277. Breaking the channel at these levels would indicate the activation of an upward trend zone. Turning Level : 250
NASDAQ:TSLAShort
by ArinaKarayi
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
NASDAQ:TSLA
by Mindbloome-Trading
TSLA forecastDescending Trendline (Yellow Line): The stock appears to be in a downtrend, as shown by the yellow descending trendline. This line indicates a resistance level that the stock has tested multiple times but hasn't yet broken through. Support and Resistance Levels (Red and Orange Horizontal Lines): Several horizontal lines, likely key support and resistance levels, are drawn. Red Lines: These represent support zones where the price has bounced in the past (120.48, 154.22, 167.21). Orange Lines: These are resistance levels (257.67, 302.74) that the price may struggle to break through. Current Price and Movement: Tesla’s price is at $226.13, which shows a gain of 4.56% for the day. The blue and red boxes to the left represent the current bid and ask prices. Future Price Projection (Blue Path): The zig-zag blue path seems to be an anticipated price movement. It shows the price possibly breaking above the yellow trendline (resistance) and moving upwards towards the next resistance level near 257.67. After potentially retesting the breakout, the price might continue its upward movement as suggested by the upward arrow. Measured Move (Orange Vertical Line): The orange vertical line on the right highlights a potential price gain of 136.69 points (112.03%) if the stock were to move from the low point (around 120.48) up to the higher projected level (possibly above 257.67). Overall Interpretation: The chart suggests that Tesla’s stock is currently testing a key descending resistance. A breakout above this trendline might lead to a significant upward move, potentially targeting the 257.67 or even higher levels. However, if the breakout fails, the price might retest lower support zones around 185 or even 167.
NASDAQ:TSLAShort
by alemicihan
TSLA cybertruckin' it to $243-$258 price range - 4-5 Elliot WaveNASDAQ:TSLA drawing a 4th to 5th Elliot Wave potentially all the way to the $243-$258 price range Moving averages consolidating around that area too. I track the 20, 50, 100, and 200, but mostly the 50 and 200 for confirmation, and trendlines, but mostly the Elliot Wave when I see it straight out of Ralph Nelson Elliots playbook.. Invest smart, invest hard. Boost my post if you like this idea 💡 Also follow and subscribe for more uproars. Let's spread the word together. Roaring Puppy 🐶 out. NASDAQ:TSLA
NASDAQ:TSLALong
by St0ckWr4ngl3r
TSLA daily chart shows clean channels for trading this week.NASDAQ:TSLA has clean channels on the daily chart, both to the upside and downside, for trading this week. TSLA closed just below the daily 10 SMA, which is the next key supply it must reclaim before going higher and potentially testing the daily 325 SMA and daily 50 SMA just above that. If it can reclaim the daily 50 SMA, along with NASDAQ:QQQ building a strong base above its own daily 50 SMA, then TSLA will be in a strong position to push higher to the daily upper Bollinger Band, while continuing higher on the C to D leg of the Gartley harmonic discussed previously. Alternatively, if QQQ continues to reject the daily 10 SMA and loses the daily 50 SMA demand, TSLA may lose its daily 200 SMA. This would invalidate the Gartley harmonic and TSLA would trade down to the next daily demand, which is the rising daily 100 SMA. I continue to be positioned long into next week, because I believe the upside potential is stronger on this name; however, it is important to always be prepared for both bullish and bearish scenarios in order to execute with confidence during the trading day.
NASDAQ:TSLALong
by DMT_Doctor
2