Tslaanalysis
TSLA - Is A Big Bounce In Progress??!!Technical Analysis:
- As you can see, wave (II) in blue has been completed and wave I in red is in progress
- Wave ((1)) and wave ((2)) in black have already been completed from wave I in red
- H1 & H4 right side is turning up
- Invalidation level 1 can't be crossed in short term
Technical Information:
- If you're a swing trader, wait for wave ((4)) in black to be completed to buy
- If you're a position trader, wait for wave II in red to be completed to buy
TSLA - AnalysisTSLA
W1 – Since the indices (SPX\NASDAQ) are demonstrating a noticeable slowdown in movement and reversal/downward correction patterns may already begin to form.
You can also try to consider corrective sales.
It can be seen that the 5th wave is still being worked out, but a slowdown is also visible.
Global purchase plan with a target up to 415.32.
It is also clear that a potential reversal of the movement may begin to form; if the pattern is fully formed, then you can see the target in the nearest values 212.69 - globally 101.51.
For further decline, it is necessary to consolidate at the level of 212.69.
What can you expect?
At this stage, you can consider selling with a target of up to 212.69.
Short
Targets – 245.18 – 225.58 – 212.69
Long-term perspective – goals 212.69 – 152.88 – 101.51
TSLA in Early Talks with Saudi Arabia to Open EV FactoryBrace yourselves, because Tesla (TSLA) is in early discussions with none other than Saudi Arabia to establish a groundbreaking electric vehicle (EV) factory. This announcement has sent shockwaves through the market, and I couldn't be more excited to share the potential it holds for all of us.
Imagine the possibilities! Tesla, the trailblazer in the EV industry, joining forces with one of the world's most influential nations. This collaboration has the potential to reshape the future of transportation and solidify Tesla's position as the undisputed leader in the EV market.
The Saudi Arabian government, recognizing the immense potential of electric vehicles, is keen to invest in this transformative technology. They understand that Tesla's visionary approach and groundbreaking innovations have revolutionized the automobile industry, and they want to be a part of this remarkable journey. This early-stage discussion indicates a strong commitment from both parties to drive sustainable mobility forward.
Now, let's talk about the enormous opportunities this collaboration presents for us as traders. The potential establishment of an EV factory in Saudi Arabia could translate into a significant boost in production capacity for Tesla, enabling it to meet the ever-growing global demand for electric vehicles. This expansion would undoubtedly lead to increased revenue and, consequently, a potential surge in TSLA stock value.
So, where does this leave us? It's time to seize this moment and consider a long position on TSLA. With the early talks between Tesla and Saudi Arabia underway, we have a unique chance to ride the wave of optimism and reap the rewards of this potentially game-changing partnership.
In light of this exciting news, I urge you to conduct your due diligence and analyze the potential impact this collaboration could have on Tesla's market position and stock performance. Keep a close eye on any further developments and market indicators that could influence TSLA's trajectory.
Remember, successful traders are always alert to emerging opportunities, and this collaboration between Tesla and Saudi Arabia has the potential to be a game-changer. Don't miss out on the chance to be part of this electrifying journey!
Stay tuned for more updates, and let's ride the wave of innovation together!
www.wsj.com
Morgan Stanley Upgrades Tesla Stock - Time to Go Long on TSLA!I'm thrilled to share with you that Tesla (TSLA) has just received a significant boost in its stock rating, courtesy of the renowned financial institution, Morgan Stanley! This upgrade has undoubtedly caught the attention of many investors, and I believe it's time for us to seize this opportunity and go long on TSLA!
Morgan Stanley's recent stock upgrade for Tesla is a clear indication of their confidence in the company's prospects. This positive development has already started to impact the market, with TSLA's stock showing signs of an upward trajectory. As savvy traders, we know that such upgrades often attract increased attention and can lead to substantial gains. So, let's not miss out on this potentially lucrative opportunity!
Tesla has consistently demonstrated its innovation and dominance in the electric vehicle industry. With their groundbreaking technology, impressive product lineup, and global presence, Tesla is poised for remarkable growth in the coming years. Morgan Stanley's upgrade serves as a validation of Tesla's strong fundamentals and its ability to deliver on its promises.
Now, you might be wondering, "What's the next step?" Well, my fellow traders, it's time to take action! I encourage you to consider going long on TSLA and take advantage of this positive momentum. By going long, we can potentially benefit from the expected rise in Tesla's stock price and maximize our returns.
Remember, investing in the stock market always carries some level of risk, but with careful analysis and a well-informed approach, we can minimize those risks and increase our chances of success. Conduct your due diligence, review the latest market trends, and consider consulting with your financial advisor to make an informed decision that aligns with your investment goals.
So, let's ride the wave of optimism surrounding Tesla's stock and capitalize on this exciting upgrade from Morgan Stanley. Together, we can make the most of this opportunity and aim for profitable outcomes!
Wishing you happy trading and abundant success!
Oh Ok I See You $TSLA...After yet another monster move for TSLA, I am not moved. Today's move confirmed a bullish break of the smaller wedge with the much larger wedge (signified by the red and green trend lines). Long story short, I see a move into the gap above which should bring TSLA to around $285 before it starts its fall down to at least $235 . Still unclear whether it will break out of this wedge anytime soon but these are the price targets I am expecting for now. I could be completely wrong but Only Time Will Tell ...
TSLA A+ Setup Left Me.Here is an example of an A+ Setup according to my system. Sometimes things like this happen, price leaves your entry without giving you a chance to enter and you have to be okay with that. How can I be okay with that you might ask? If you have trust and confidence in the longterm performance of your system then you know for a fact there will be many many more opportunities to profit from it.
TESLA to Continue HigherTesla has been moving as expected ever since the last public update(find link attached).
We are not looking for a potential triangle in wave iv to then resume higher.
Please leave a like if you enjoy the content, let me know in the comments what you think about the count and feel free to ask question. Trade safe!
TSLA D.B. or Next Leg Down?Here is both a bullish and bearish perspective of TSLA. Momentum is currently bearish right now but so ill be more keen to to taking puts at open BUT if price where to break the green level it will stop many bears out and there will be plenty liquidity for an explosive move to the upside for Calls. Be patient because nothing is ever 100% in the market.
TSLA bear channel + I.B.Simple 4h Inside bar pattern with a supporting 10m bear channel with previous days reacting similarly you can expect a strong bearish move into the lows but nothing is ever 100% in the market. First low is a majority trim, Second low is a remainder close runners up to you but I wouldnt due to the macro position of TSLA as it sits right above a weekly level.
Tsla, looks like battery drain... If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
Followed green path, but looking like a ZZ up.
Still think the reaction to this 238.40 area could be a good clue. A bounce to another ZZ at the lower degree, would be looking for some further downside.
TESLA MONTHLY UPDATES
This idea still valid for me.
Not changing the analysis.
Im still looking below.
I made a predictions way back july.
Trade at your own risk
This is not a financial advice.
As you can compare on SPY/SPX500 same scenarios.
If we break the SPY 456 then tesla can go higher.
If SPY falls or failed to break the 456 then we see my idea on TEsla would be right.
10% Gain Predicted on TESLAWe have reached equality of potential iii vs. i and we are close to the 61.8% retracement of the previous downmove. As we could still fall back lower I am considering closing my longs that I originally opened when I first shared my previous forecast on TSLA(find the link attached)
If you enjoy the content please leave a like and drop a comment. Feel free to ask questions!
Trade safe.
Tesla at Key Resistance on earnings dayTesla NASDAQ:TSLA
Earnings today Wednesday 19th July (AFTER close)
A reminder that prior to a similar major megaphone breakout in 2019 resulting in 161% increase in 32 days, we FIRST had a 10% pull back off the upper megaphone resistance.
I believe this resistance at the $300 - $314 level for Tesla (See Chart). I am expecting a pause or pull back here of c.10% or more.
Eventually we should breach the $300 level and find support above $314. The trade becomes much safer then.
The 200 day is far away from price atm and we will revisit it at some stage. In 2019 we had a massive breakout of 161% and came all the way back down to the resistance level.... patience is king. If you intend on sitting through such a move, fine. If not and you want to pick a less stressful entry keep these things in mind and use my chart as helpful guide.
PUKA
Does Tesla Lowering Car Prices Concern Among Traders?Introduction:
In recent news, Tesla, the renowned electric vehicle manufacturer, has made headlines again by announcing a significant reduction in the prices of their car models. While this move may seem appealing to consumers, it raises concerns within the trading community regarding the potential implications for Tesla's stock value. In this article, we will explore the reasons behind Tesla's decision, examine the potential impact on the car market demand, and discuss a call-to-action for traders considering shorting TSLA amidst this situation.
Understanding Tesla's Price Reduction Strategy:
Tesla's decision to lower car model prices can be attributed to several factors. Firstly, as the electric vehicle market becomes increasingly competitive, Tesla aims to maintain its market share and attract new customers by offering more affordable options. Secondly, the company's ongoing efforts to streamline production and reduce manufacturing costs have allowed them to pass on these savings to consumers. Lastly, Tesla's long-term vision of revolutionizing sustainable transportation involves achieving economies of scale, which can be facilitated by lowering prices and increasing sales volume.
Potential Impact on Car Market Demand:
While lower prices may initially spark interest and boost sales, considering the broader implications for the car market demand is crucial. As Tesla reduces its car model prices, other manufacturers may be compelled to follow suit, leading to a potential price war. This scenario could decrease profit margins across the industry and impact the overall demand for electric vehicles. Moreover, with the global economic uncertainty caused by the ongoing pandemic, consumer spending patterns may be more cautious, further dampening the demand for higher-priced electric vehicles.
Call-to-Action: Shorting TSLA Amidst Dropping Car Market Demand
Traders, it is essential to closely monitor the evolving situation in the car market and consider the potential impact on Tesla's stock value. As the demand for cars, especially higher-priced electric vehicles, faces potential challenges, shorting TSLA could be a prudent strategy. By shorting TSLA, traders can profit from the anticipated decline in Tesla's stock value.
However, exercising caution and conducting thorough research is crucial before making any investment decisions. Analyze Tesla's financials, monitor market trends, and stay updated with the latest electric vehicle industry news. Remember, shorting a stock involves risks, and it is advisable to consult with a financial advisor or professional trader to determine the best course of action based on your individual risk tolerance and investment goals.
Conclusion:
As Tesla lowers car model prices, it is natural for traders to express concern about the potential impact on the company's stock value. By closely monitoring the evolving car market demand and considering shorting TSLA as a possible strategy, traders can capitalize on the anticipated decline in Tesla's stock value. However, it is crucial to approach this decision with caution and seek professional guidance to mitigate risks and make informed investment choices.
Tesla Slashes Model 3 and Model Y Prices in ChinaIntroduction:
In a surprising move, Tesla recently announced a significant price reduction for its Model 3 and Model Y vehicles in China. This strategic decision aims to boost sales and maintain Tesla's stronghold in the world's largest electric vehicle (EV) market. However, as traders, it is essential to exercise caution and carefully evaluate the current stock outlook before making any investment decisions. Let's explore the details and why a pause on Tesla might be prudent until the stock outlook turns up.
The Price Cut:
Tesla's decision to reduce prices for its Model 3 and Model Y vehicles in China has undoubtedly captured the attention of consumers and investors alike. The price reduction, ranging from 8% to 20%, reflects the company's ambition to remain competitive in China's rapidly evolving EV market. By aligning its prices more closely with domestic competitors, Tesla aims to attract a broader customer base and maintain its regional dominance.
The Rationale:
While Tesla's price cuts may initially appear concerning to traders, it is essential to understand the underlying rationale. China's EV market is becoming increasingly saturated, with numerous domestic manufacturers offering competitive alternatives. By adjusting its prices, Tesla seeks to solidify its market share and continue its growth trajectory in this crucial market. This move demonstrates Tesla's agility and willingness to adapt to market dynamics.
Evaluating the Stock Outlook:
As traders, it is crucial to remain cautious and evaluate the stock outlook before making investment decisions. Tesla's price cuts in China signify a potential shift in the company's profitability and future earnings. While the move may lead to increased sales volume, it could also impact Tesla's profit margins and overall financial performance. Therefore, monitoring the stock's performance closely and analyzing the long-term implications of this strategic decision is prudent.
A Cautious Call-to-Action:
Considering the current circumstances, traders should exercise caution and pause on Tesla until the stock outlook turns up. Traders can make more informed investment decisions by taking a step back and thoroughly assessing the market's response to the price cuts. This pause allows for a comprehensive evaluation of Tesla's financial performance, market positioning, and the potential impact of the price cuts on long-term profitability.
Conclusion:
Tesla's recent price cuts for the Model 3 and Model Y in China highlight its determination to maintain its dominance in the world's largest EV market. While this move aims to boost sales and adapt to market conditions, traders should approach the situation cautiously. Evaluating the stock outlook and considering the long-term implications of this strategic decision is essential. By exercising patience and prudence, traders can make informed investment choices that align with their financial goals.
TESLA An opportunity to buyHi, according to my analysis of Tesla stock, there is a great long-term investment opportunity. Especially with a downward channel break. With a very green positive candle on the daily timeframe. outside the parallel channel. good luck for everbody .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
Tesla -> Two Bullish Scenarios Now!Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Tesla💪
After Tesla stock retested the last strong support zone for bulls, the 0.786 fibonacci level at the $100 level, the recent pump over the past couple of months of more than 100% was no surprise at all.
With Tesla stock retesting the 0.382 weekly fibonacci retracement level we could already see a weekly bullish rejection away towards the upside from here.
However I am still waiting for bullish confirmation at the currect $245 support level - if we drop below the zone then I do expect a rejection at the next support which is sitting around the $215 level.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
Tesla Cybertruck: A Game-Changing Pickup That Will RevolutionizeAs traders, we are always on the lookout for groundbreaking innovations that have the potential to captivate markets and change the game. Well, my friends, the Cybertruck is precisely that—a game-changer. With its futuristic design, unmatched performance, and remarkable capabilities, this pickup truck is set to revolutionize how we perceive electric vehicles in the truck segment.
You might be wondering, "Will pickup fans actually buy the Tesla Cybertruck?" The answer is a resounding YES! Here's why:
1. Unparalleled Power: The Cybertruck boasts an astonishing towing capacity of up to 14,000 pounds, making it a force to be reckoned with. This electric beast can handle it all, whether hauling heavy equipment or towing a trailer.
2. Impressive Range: Tesla's cutting-edge battery technology ensures the Cybertruck can travel up to 500 miles on a single charge. Say goodbye to range anxiety and hello to endless adventures!
3. Unbreakable Exoskeleton: Built with ultra-hard 30X cold-rolled stainless steel, the Cybertruck is designed to withstand the most challenging conditions. Its exoskeleton offers unparalleled durability, making it a true workhorse that can tackle any challenge head-on.
4. Mind-Blowing Performance: Accelerating from 0 to 60 mph in under 2.9 seconds, the Cybertruck will leave even the fastest sports cars in its dust. This pickup is not just about power; it's also about delivering an exhilarating driving experience.
Here comes the exciting part: I urge you to consider buying more Tesla stock and seize this golden opportunity! With the Cybertruck's imminent release, we can expect a surge in demand and an unprecedented shift towards sustainable transportation. By investing in Tesla, we support a company that is shaping the future and position ourselves at the forefront of a transportation revolution.
Let's join forces and make a bold move together! As traders, we have the power to influence markets and drive change. Don't miss out on this chance to be part of something groundbreaking.
To learn more about the Tesla Cybertruck and explore the remarkable range of products offered by Tesla, visit their official website or reach out to your dedicated Tesla representative. Embrace the future; embrace the Cybertruck!
Thank you for your time, and let's embark on this electrifying journey together!
TESLA - Evidence of a Correction and BUY AREAS to look atHello guys!
This idea is shown on the 1 Week Timeframe. This weeks candle HAS NOT YET CLOSED.
We have currently interacted and have been REJECTED by a powerful RESISTANCE line (in BLACK).
If we look back into the HISTORY of TESLA interacting with this line, we can see that:
1. Nov. 1st 2021, it pushed price down for about a 23% correction, which took about 49 days to complete
2. On Jan 3rd, 2022, after another attempt to test -> it pushed price down for an almost 42% price drop, which also took about 50 days.
3. On April 4th, 2022, for the 3rd time we tested this line causing a price drop of about 45%, taking about 49 days. This one however would ignite the price drop to 100$ TESLA.
My targets for this correction are associated with the FIB RATIO
Note currently: Our current weekly candle is below the 0.786 level of $258.42. If we close below and CONFIRM in the next couple weeks, it strengthens the idea that we go down further. We would need to STAY ABOVE this level for us to see another attempt to test BLACK LINE.
From the BLACK LINE and the price level we hit of around $298, we have to date dropped roughly 16%.
We also have some SUPPORT at $240.
Our next targets are:
1. 0.618 level, which is at $225 (Which is about a 15% drop, from current TOP)
2. 0.5 level at $201 (Which is about a 3% drop from current TOP)
So basically my POTENTIAL BUY ZONE would be a range between $225 - 200.
NOTE ALSO: the 1W 200 MA, moving up fast to converge at the 0.5 FIB level. This would be a critical SUPPORT zone.
Though the current price action DOES NOT have to follow this at all, other clues are seen that makes me think we are now in a similar corrective mode. Particularly in the indicators i have shown.
Firstly, RSI -> Here notice looking back in history every time ORANGE RSI line moves below the BLACK MA and into the RED RECTANGLE ZONE, it coincides with a PRICE CORRECTION.
CURRENTLY -> We have peaked our head below but have not yet CONFIRMED. Need to keep an eye.
Next is STOCH RSI -> this shows momentum, crossing above 20 level is BULLISH, BUT crossing BELOW the 80 level is indication that BEARISH momentum is coming in, With the BLUE LINE crossing below the ORANGE. Notice though, the ORANGE line has not caught up with BLUE yet. So if this is seen, Days end Friday means we have further downside.
Lastly, is the MACD which is also a momentum indicator. Here notice how the GREEN histograms are getting smaller and lighter. This is an indication of decreasing BULLISH momentum, with the present of the flattening BLUE line. If it continues to get smaller and lighter, and in a couple of weeks we see RED with a CROSS of the BLUE line go under ORANGE, this is BEARISH.
CONCLUSION:
In my opinion, we are currently in the beginning stages of a CORRECTIVE move in TESLA. If confirmations occur where price is below the 0.786 FIB level, and within the indicators we may have further downward action. It is then important to continously monitor this and in the coming weeks it will become clearer.
Thank you! For updates on TESLA and on other ideas in the market, FOLLOW me! If you liked this content, please do boost, follow and comment!
DISCLAIMER: This is by no means financial advice, i am NOT a financial advisor. The content here is my opinion and for TA educational purposes. When trading do work out your own strategies and focus on risk management.
4HR: $TSLA - Bullish Divergence; ContinuationTSLA!
Looking very promising, as momentum is turning positive ie. Class A bullish divergence on the RSI on the 4HR. Local swing high to swing low has retraced to the .786, which is the golden fib if one is looking for a potential reversal to the upside. This along with the beautiful bullish cypher paired with bullish divergence, checks all the boxes for continuation.
Cyaaaaa