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Tslaanalysis

1/25 Massive Tesla Red Day Recap and 1/26 Prediction From DataAfter today's price action, it is clear that investors are at disarray and uncertain for the future of Tesla. Here I will detail my analysis of today 1/25, and my predictions for tomorrow 1/26. In the graph, I plotted three possibilities pre-market 1/25 (from previous Idea, "Looking at Possible Dead Cat Bounce Levels"): Purple line-arrow (Most optimistic): A bounce of it's low and decay to $188-$190. Yellow line: Bounce off 0.618 fib line and decay to $185-$186. Red line (least optimistic): Minimal bounce, straight to $180. It looks like we went worst case scenario, hitting my $180 target faster than I expected. This confirms investor sentiment; at least until we get some good news from Tesla and guidance. For tomorrow's price action, I also have three possibilities in mind, so I will look at previous price movements in similar scenarios, as well as use what we know after today to get an some possibilities. During the last two (Q2, Q3) quarterly earnings, Tesla stock continued dropping for the two subsequent days. Q2: An additional 2.75% down from previous close. Q3: An additional 4.3% down from previous close. Today's event seems different, where the 12%-15% dip that Q2 and Q3 earnings experienced over multiple days seem to have happened in one day. I'll list the possibilities by what I believe is least probable to most probable: Blue line: bounce of $180 support and rise to $186-$188 range. I call this less probable because an increase on the day after a dip after earnings is odd (compared to Q2 and Q3 earnings.) Not impossible though, in the case that today's dip was an over exaggeration and a bulk of investors remain optimistic. (Buyers sitting on the sidelines?) Yellow line: Bounce between channel $180 - 183.50. I think this is a bit more possible because investors may be sitting in indecision, hoping to wait it out until more news is revealed (low volume perhaps?) Pink line: Dip below $180 to next fib line $176, and possibly lower. I personally think this is more likely, because it will be line with Q2 and Q3 instances (a dip of 4% from today.) Investors may begin thinking about opportunity cost in holding a stock with no guidance, expectations not met. Investors are in Tesla not because it is a value stock, but because it's a growth stock, and if there is no exciting growth, they may start looking to sell off for competitors that are showing the 100%+ quarterly growth in EV sales. I may revisit a long term analysis of the stock in the future, but for now, those are all my thoughts for tomorrow.
NASDAQ:TSLAShort
by valentine_j_
4
LONGING $TSLAI am opening up a long position on NASDAQ:TSLA for the following reasons. We are in a huge bounce area. On the 4 hour timeframe: There's a clear trendline forming which we are retesting Retesting a 4 hour order block Retesting lower band of Bollinger Bands (Nadaraya smoothed) Aside from technicals, we have earnings coming up which is our catalyst. This is a very risky trade and I'm only risking 0.25%. Take Profit 1: 225.81 Take Profit 2: 243.67 Take Profit 3: 256.65 Stop Loss: 202.07
NASDAQ:TSLALong
by fluxchart
20
$TSLA COMPLETE ELLIOT WAVE ANALYSIS According to the Elliott Wave theory, NASDAQ:TSLA has been following a corrective wave pattern (ABC) since its inception, reaching its peak during the 2021 bull run. Currently, NASDAQ:TSLA has completed both wave 1 and wave 2, entering the critical and highly impulsive wave 3 towards the downside of the Elliott Wave sequence. The fundamental outlook for NASDAQ:TSLA appears weakened due to intense competition in the market. In the long term, NASDAQ:TSLA is displaying a heavy bearish trend. While specific targets for the remaining waves are uncertain at this time, one thing is clear – NASDAQ:TSLA is not expected to surpass wave 2, which is positioned at $299.
NASDAQ:TSLAShort
by thekidtrader11
TESLA - IF THE SHOW MUST GO ON, IT IS NOW! (TARGET $315)The markets are starting strong this year except for one late bloomer: TESLA! But I thinks it is time for Musk's prodigy to go fourth to new heights. Here's my perspective on things: What is on the chart? 1) An attractive liquidity level that will be our swing target of $315 (oh no spoiler alert). 2) We have not only a bullish gap but also a bullish weekly FVG that accompanied the break of structure (high taken out that shifted the market structure from bearish to bullish). 3) Huge accumulation structure which clearly to me is bullish but who knows maybe a Cybertruck will drive into a playground (jk). 4) This is the biggest driver (vroom vroom) of this analysis. A huge weekly wick in a weekly bullish GAP. What else do you want? 5) Our last chance to enter. If we're bullish, this is where you want to enter. Price is giving you a gift. Take it. 6) This would mark the continuation of the bullish price action. A higher high is often under looked and can provide enough info for a strong reliable bias. 7) This is our primary target. Nothing else to say here. As always, happy trading and enjoy your weekend!! ;)
NASDAQ:TSLALong
by Lexi_Is_Trading
13
$TSLA's $207.50 Price Target for a BounceIt's not looking too good for NASDAQ:TSLA holders right now. TSLA has 6 rejections off the yellow resistance line and has been dropping rapidly after the most recent rejection. The green trendline ($207.50) is a key support level on the way down, and there is likely to be a dead cat bounce there before further decline. For now, $207.50 is my short term price target for a bounce. I think NASDAQ:TSLA would be a bit oversold, so there is some potential for a long trade setup. However, TSLA is likely to underperform with its upcoming Jan. 24 earnings report. The forecast is higher than the previous forecast, which TSLA missed. I think there will be more pain ahead after a bounce off the green support line with some more downside in 2024.
NASDAQ:TSLALong
by realchartchamp
Will Tesla test 300 again soon?There has been a very good year for Tesla with the stock starting the year at 100 and reaching a high of 300 in summer. A correction followed, but even if the ascending trend line was broken with a gap in October, Tesla found a very strong floor in the 200 region and rebounded, giving us a very nice bullish chart for the year. Technically, the drop from 300 is clearly corrective in nature, and with the stock consolidating between 230 and 250 for 3 weeks now, we can expect a break to the upside. This consolidation break will also coincide with a break of the falling trend line and, in such an instance, we can expect acceleration to the upside. The most obvious target for bulls is the 300 figure and technical resistance and, considering a stop loss under consolidation's support we can achieve a more than 1:2 risk: reward.
NASDAQ:TSLALong
by Mihai_Iacob
5
Potential Impact of Cybertruck Production Nightmare on TeslaI would like to discuss the recent production nightmare surrounding the highly anticipated Cybertruck and how it could potentially impact Tesla's overall performance. As we are all aware, Tesla has been at the forefront of electric vehicle innovation, revolutionizing the industry and capturing the imagination of investors and consumers alike. However, recent reports suggest that the production challenges faced by the Cybertruck have the potential to cast a shadow over Tesla's otherwise impressive track record. The Cybertruck, with its bold design and promising features, has generated significant pre-order interest, reflecting the strong demand for Tesla's products. However, it is essential to consider the potential consequences of the production hurdles that Tesla has encountered. Delays in manufacturing, supply chain disruptions, and quality control issues could lead to dissatisfied customers, tarnishing Tesla's reputation for delivering cutting-edge products on time. While Tesla has demonstrated resilience in overcoming obstacles in the past, it is crucial to approach this situation with caution. As traders, it is our responsibility to evaluate the potential risks associated with such setbacks and make informed decisions regarding our investment strategies. Considering the gravity of the situation, I encourage you to closely monitor Tesla's progress in addressing the production challenges faced by the Cybertruck. Keep a keen eye on any developments or announcements that could shed light on the company's ability to overcome these obstacles effectively. In light of these circumstances, some traders may consider exploring shorting opportunities for Tesla. However, it is important to remember that shorting a stock carries inherent risks and requires careful analysis of market trends, financial indicators, and broader industry dynamics. I urge you to consult with your trusted financial advisors or conduct thorough research before making any investment decisions. Ultimately, the purpose of this email is to highlight the potential risks associated with the Cybertruck production nightmare and emphasize the importance of cautious evaluation. As traders, we must remain vigilant, informed, and adaptable in navigating the ever-changing landscape of the stock market.
NASDAQ:TSLAShort
by bryandowningqln
Why TESLA is STILL heading LOWERHi Traders, Investors and Speculators of Charts📈📉 A quick analysis today on Tesla and why I'm still expecting the price of TSLA to head lower. After a nasty Head and Shoulders Pattern on the monthly, TSLA has reached a selling climax and an automatic rally afterwards (which always follows a SC). However, if we look at the Wyckoff Method schematics, this is not yet the bottom. The bottom is expected to happen during phase B, which is the phase we're about to head into. ST will always be LOWER than SC, therefore there will be another chance to accumulate TESLA at a lower entry. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck NASDAQ:TSLA
NASDAQ:TSLAShort
by CryptoCheck-
58