NASDAQ:TSLA has formed a notable level at $235, which has been rejected multiple times since reporting earnings in July. If TSLA can reclaim and build over this key supply, it may fill in the gap on the daily chart that was created after the earnings drop.
Tesla ( NASDAQ:TSLA ) is stuck between structure: Click chart above to see the detailed analysis👆🏻 Tesla continues to consolidate in the long term descending triangle pattern. Following previous price action, a bullish breakout is much more likely but Tesla is still trading below the trendline resistance. A potential bullish breakout will be followed by an...
Bought the NASDAQ:TSLA dip on Friday at the close. CB is $210.65. $500 initial TP, but I think she could run much higher. Weekly RSI bouncing off EQ. MIL:1K TP2
First of all, the price has broken above the downtrend line, and started to moving in a uptrend market. However, according to the trading volumes, more chips are bought in the top area, meaning that there's strong resistance above the current price. Therefore, I think the price might continue to fluctuated below the resistance area in a short term period.
NASDAQ: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...
NASDAQ:TSLA is forming a potential bearish Gartley on the four-hour chart, which would result in bullish price action on the C to D leg, as long as point C on the chart holds. Point C on the chart also corresponds to the daily 200 SMA, and is right above the psychological $200 level, which adds confluence to the long entry at $202.50.
NASDAQ:TSLA has been on a strong run since the daily 50 SMA reclaim last week. If TSLA continues to build above $222 and takes out today's highs, there is room on the daily chart to $230 and $240 in subsequent days.
On the H1 chart the trend started on Aug. 8 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 248.08 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
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...
**Trade Type:** long **Ticker:** TSLA **Entry Price:** 217.99 **Stop Loss:** 215.73 **Take Profit 1:** 220 **Take Profit 2:** 225.45 **Risk/Reward Ratio:** 3.35 **Timeframe:** 4h
NASDAQ:TSLA has several daily demand zones converging below today's low. This may provide an intraday short opportunity tomorrow, followed by an opportunity to add equity long into these demand zones for a move higher in the coming days, as long as the daily 50 SMA is held.
NASDAQ:TSLA can break out soon: Over the past two weeks we saw an incredible stock market rally and also Tesla completely reversed the flash crash which we saw in the beginning of August. It is still quite possible that Tesla will break out of the long term triangle and immediately head back to the previous highs. Levels to watch: $230, $400 Click chart...
Hello Traders, I'm sharing a long position on TSLA, and I'll explain my reasoning below. Entry Price: 223 Stop-Loss: 172 1st Target: 295 2nd Target: 380 Reason 1: The price has rebounded from the lower deviation of the uptrend channel (grey), not the lower deviation of the downtrend channel (blue). It is now targeting the upper deviation resistance line of the...
TSLA (Tesla, Inc.) Stock Analysis: Key Dates and Potential Market Movements: 1. August 23, 2024 - Potential Upside: • Scenario: The chart indicates a potential bullish movement around late August 2024. This could be driven by positive earnings reports, advancements in Tesla’s technology, or an increase in market optimism around Tesla’s leadership in the EV...
Reasons for bullish bias: - DOW theory, Entry at HL - Price is at a strong support zone - 0.5 Fib level - RSI is synched(No divergence) Here are the recommended trading levels: Entry Level(CMP): 207.92 Stop Loss Level: 165.35 Take Profit Level 1: 250.49 Take Profit Level 2: 293.06 Take Profit Level 3: Open
Like we saw earlier in the past analysis, we are crawling up towards that area of strong resistance and at that point we should see a huge pullback to the bear in a moment. i will do a thorough analysis later in the day to cover things up a little better.
Hi, Some months ago I shared the Tesla idea, and it worked out perfectly! Now the second opportunity, we have seen that the price of Tesla has made a breakout from the trendline. It has seen quite a few attempts to break through it, all failed but not the last attempt, the last attempt was quite powerful and the retest area is also quite strong so these are the...
NASDAQ:TSLA weekly chart shows that it is coming into key demand areas around $205 to $215. The weekly chart shows a Wyckoff accumulation phase since the 2021 all-time high at $414.50, with a spring during Phase C at the recent lows below $140. This corresponds to the bottom of the cup, with Phase D of accumulation corresponding to the handle. A close over the...