Tesla -> Ready For The PumpHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla stock is about to once again retest a previous weekly support zone exactly at the HKEX:175 area.
You can also see that weekly market structure is bullish again so I am now just waiting for a deeper retest of the area before I then do expect a pump away from the support zone to retest the next resistance at $195.
On the daily timeframe you can see that Tesla stock already had a first initial rejection away from the zone, showing that there is definitely some buying pressure at the support area, so I am just waiting for a daily retest and then a rejection towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Tslalong
TSLA Future Outlook | Technical Analysis | Support & Resistance - TSLA is currently in a neutral trend, sitting close to support but also right under 186.5 range resistance
- TSLA has been performing relatively weaker than QQQ as of this week.
- Earnings seasons are coming up and there's fear of earnings recession so either earnings come in normal and the fear alleviated and we get bull moves or vice versa.
- QQQ also closed right at resistance on Friday, if QQQ dont continue moving higher its going to drag TSLA down as well.
THE BEAST HAS AWAKEN??NASDAQ:TSLA
When TSLA catches momentum, it really catches momentum!
- Inverse Head and Shoulders on the daily (bullish pattern)
- Clean break of psych level at 200 and held.
- Breaking above neckline around 210-211 could fuel more upside targeting resistances above: 217.65 - 223.80
- Playing long side on TSLA is valid above 200. If TSLA starts getting candle closes below 200, expect some retracements with a solid support at 187.00
Contract Suggestions:
TSLA 4/28 240 CALL (covers earnings)
TSLA 4/21 230 CALL
Tesla WEEKLY BULLISH Inverse H&S, 217.65 Key level- Bullish inverse H&S weekly time frame
- Bullish cup and handle pattern
- 217.65 break of that level will form weekly and monthly uptrend for the bulls
- delivery number will be key (i mentioned the wrong date its not this weekend)
- QQQ is very extended might see some consolidation next week which may effect TSLA as well
TSLA Break-Out & Fake-Out?Tsla has been consolidating and broke-out of a bullish bullish flag today with weak conviction ...
Bulls need to see a big volume break-out tomorrow and regain $200 as support.
*Call Wall Options may have prevented Tsla from advancing with a strong break-out
$197 is strong resistance + weekly resistance line just above @ $198 $198.84
If Tsla does not open above $198 we may see a drop to test bull flag break-out & gap-fill.
Close below $195 Tsla will consolidate until re-testing highs.
*Bulls: Tsla is above 8 ema, 20 ma & 50 ma -Cup & Handle on Daily w/ Bullish Flag Break-Out....
Dips are being bought up *APRIL is STRONG Month for Growth & Tech
Bears- Weakness compared to overall Bull Run in Tech & Markets - Selling volume has been larger on 1 hr, 4hr, daily. Markets are feeling pretty Frothy
Possible Bearish Wedge Pattern...this could be wave a of c in Correction Pattern - lack of testing or either Strong Rejection at $200 could begin wave b.
Bearish Divergence on MACD & RSI 1hr & likely forming on Daily if we see the move past $200.66
This could go Bullish or Bearish *Key Points of interest: Key Close above $198.84 / Ability to Test $200.66 & Rection off of that will give us a better Idea of where TSLA Plans to go for the next 3 weeks until next Earnings
Current Bias: Neutral to Slightly Bearish
TSLAUpdate! I gave you the bottom of TSLA at 100, but we're in need of an update. TSLA's gigarange, from its 420 highs to 100 lows has a 258 mid, which is confluent with a variety of open (unfilled) gaps in that vicinity. So long as it holds above its first quartile retracement of the gigarange (180-190 area) then I'd anticipate that it makes its way to range mid 258s.
$TSLA Price Action Breakdown, $QQQ Future Price Outlook- $QQQ about to break its tightening range, this will be very important for TSLA,
- currently TSLA does not have enough relative strength to hold up if QQQ breaks bear. so it will likely break bear with it.
- Bullish pattern: Daily Inverse H&S Weekly Cup & Handle
- XLF / KRE gapped up nicely but bear took over after cash open.
$TSLA Future Price Outlook, Support & Resistance Analysis- TSLA is in a healthy daily uptrend atm, we just need bulls change the hourly trend change back up.
- QQQs Equilibrium Pattern will be breaking with volatility on Monday, so which ever way it breaks will be effecting TSLA
- Weekly Cup & Handle forming, - daily inverse Head & Shoulders forming as well.
Check out my QQQ / SPY XLF breakdown on my previous video.
Tesla -> Time To Move HigherHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla stock is about to create a quite nice inverted head and shoulders with the neckline being exactly at the $220 area.
You can also see that market structure is currently bullish, we just had a rally followed by a healthy correction so from a weekly perspective I just expect a break above the neckline and then more continuation towards the upside.
On the daily timeframe you can see that Tesla stock is right now retesting previous daily support which is now turned resistance so I do expect a short term rejection away from the resistance area but then definitely the longer term continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
www.tradingview.com
TSLA $200's ResistanceTSLA opening above $198.5 should go up towards $204 gap fill possibly $206 retracement ...
resistance @ $$199.5-200.5 then $204 (2 sigma weekly Move)
If Fed is Dovish today with a 25bp hike this will help to push bullish narrative
Fed with 25bps and Hawkish rhetoric can stop the bull run.
Below $194, we could see Tesla go for Gap fill below and settle around $190 to finish the week
This Feels like a Bull Trap set-up- just my opinion
I bought back in @ 175
Since I plan on taking Profits for this week I will look into selling $200-$205 calls against my $175 price positions *** this is a profit taking options position,
I would not sell calls if I did not own shares at that lower price.
TSLA – Short term upsideTSLA's stock price has been characterized by a high degree of volatility, with significant price swings occurring over short periods. From a technical analysis perspective, TSLA's long-term trend has been upward, with the stock price increasing from around $20 per share in 2013 to over $1,000 per share in early 2021.
In November 2021 the stock price started a corrective trend that has been maintained until today. The low of the move was reached on the 6th of January 2023 at around $101 dollars per share. Since then the stock price jumped higher, made a correction that retraced nearly 50% of the move and afterwards it continued the trend (up).
The highest probability scenario for this stock is to move to the upside and reach the trendline marked on the chart. However we must point out that, tomorrow we have a big news event (FOMC meeting, interest rate decision) that may send the stock to the downside if the rate decision will hammer the whole stock market. The stock is very sensitive to the macro environment .
Trade with care.
TSLA Down Trend Signal: Sensitive LineTSLA (Tesla, Inc.) currently trades at a price of 179.0314 USD with a change of 0.32580555% and a change of 0.5814 USD. Over the last month, TSLA has traded between a high of 217.65 USD and a low of 163.91 USD.
The oscillators rating for TSLA is currently neutral, with an average directional index (14) of 27.54. The stock has seen a trading volume of 18,041,026 and a volume*price of 3,229,910,142.22 over the last 24 hours.
The awesome oscillator for TSLA is currently at -12.36887088, and the average true range (14) is 6.41231939. The commodity channel index (20) is at -49.63085532, indicating that the stock may be oversold. The MACD level (12, 26) is at -4.86180021, and the MACD signal (12, 26) is at -4.93418895.
The momentum (10) for TSLA is currently at -3.0186, indicating that the stock may be experiencing a short-term downtrend. The relative strength index (14) is at 42.13, indicating that the stock is trading near oversold levels. The stochastic %K (14, 3, 3) is at 50.56, while the stochastic %D (14, 3, 3) is at 48.93.
The Aroon up (14) and Aroon down (14) are both at 0, indicating that the stock is in a sideways trend. The bull bear power is currently at 0, indicating a lack of momentum in either direction. The parabolic SAR is at 165.07969112, which is currently above the stock price, indicating a downtrend.
The simple moving average (10) for TSLA is at 176.90264, and the moving averages rating is strong sell. The pivot Fibonacci P is at 180.15326667, and the Ichimoku conversion line (9, 26, 52, 26) is not provided.
Overall, based on the technical analysis provided, TSLA appears to be experiencing a short-term downtrend, with oversold levels indicated by the relative strength index and commodity channel index. The moving averages rating is strong sell, indicating that the stock may continue to experience a downtrend in the near term.
Tesla's stock price to fall below $100?!
It is reported that Tesla's vehicles are not allowed to enter government institutions in China. Recently, there have been news that some cities in China have been planning restrictions, which will limit Tesla's access to more places. If this news is true, it will be very unfavorable for Tesla.
China is a populous country with a huge demand for vehicles, especially given the strong support from the Chinese government for new energy vehicles. By the end of 2022, Tesla's sales in China ranked first in the region. If Tesla loses the Chinese market, the consequences can be imagined, and its stock price may fall below $100!
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Tesla -> The Bulls Are BackHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla stock just recently perfectly retested and also rejected an obvious previous weekly support zone which was now turned resistance.
You can also see however that as we are speaking we are retesting previous weekly support, we are also having the potential creating of an inverted head and shoulders so from a weekly perspective I just do expect the continuation towards the upside.
On the daily timeframe I uploaded my last analysis before the recent drop, perfectly predicting this correction and now from a daily perspective everything looks quite bullish, so from here it is definitely possible that we will see the next rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
TSLA G3 DUMP? Markets bounced strong today... but will Tsla join or be the one to take the hit so the other stocks can run?
TSLA had a Rough Day I'll Keep this simple..
Here are my thoughts on Distribution Schematic:
114% Bull Run in 1 Month - Mainly Short-Squeeze Move
We could see one more move up in a Wyckoff fashion - this will burn the $200 call options along with all the puts added in past 2 days, setting up a Bear Trap and generating more FOMO for Bull Trap 3 thus providing Liquidity for "Composite Man" to make the most $$$
-I also believe that a Markdown is needed for Institutional Buyers to get back into the stock @ lower pricing.
Both Scenarios are viable, yet I'm leaning towards#1 .. but will be prepared to go with the trend.
Long-Term Bull/ Short-Term Bear
good Trading Today
Tesla -> First Drop And Then PopHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla stock is now perfectly rejecting a quite obvious previous weekly support zone, which is now turned quite strong resistance.
However Tesla stock is also approaching a previous weekly support zone, from which we could potentially also create a right shoulder, forming an inverted head and shoulders pattern, so from a weekly perspective I do expect a retest of the $170 and then a rejection towards the upside.
On the daily timeframe you can see that market structure is currently massively bearish, but as mentioned above I am now just waiting for a retest of the previous support zone at $170 from which I also do expect a daily rejection towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
TSLA Kangaroo Market 3/1VIP Day for TSLA *DUMP & PUMP or PUMP & DUMP... Manipulation is Strong at these levels
This Consolidation will end soon leading to continuation break-out or distribution
Bullish Target $221.5 + Close above $224 will show Buyer Commitment
Bearish Target: Close below $197 *POC
My Patterns & Targets are on Chart
Detailed Insight from: 2/28
TESLA is currently one of if not the Strongest Stock and is helping to hold up the Markets. I believe that the Rally is close to wrapping up at this stage of the "Mark-UP" *Wyckoff Distribution"
I can see "Pump & Dump" -Final UTAD and Possible Continuation through Wednesday with Distribution.
****TSLA is BULLISH - do not mistake my bearish insights as a short confirmation *Daily Chart is very Bullish (The best moves keep going in the same direction) I
Technical/Trend/Patterns:
200 Daily MA & 0.382 Fib are psychological zones that Bulls will want to ensure TSLA gets too ..
-^Bullish double bottom pattern places TSLA move to $220-$224 area
-^Potential Island Reversal to the bullish side
BEARISH:
-Bearish Rising Wedge on Daily- if pattern completes, measured move will go to fill gap @ $147.61 (MACRO-2-3 weeks)
--Bearish Divergences are formed on lower time frames (4hr-1hr)
-Daily Bearish Divergences are looking to follow suit if a new High is made (speculation)
-OBV & Momentum indicators are diverging to the negative (OBV is High but Momentum is low -contrary)
-Price has been moving down but A/D Line continues rising *I analyze this as Higher Distribution
_____________________________
-***TIME FRAME: Analyzing consolidation patterns and impulse moves (Mark-UP) - I am seeing Consolidation on average of 25-27 days and Impulse Moves lasting 14 days
*Tesla is going to hit 27 days of consolidation on Wednesday I can foresee the Markdown Phase Beginning for 2 weeks and moving into consolidation until before next earnings in April before the Next Mark-UP
This aligns up with Seasonal Market Trends ( Bullish in Jan - Decline mid Feb to mid March)
-
Options
Current Options info: *$200 Call Option Wall
-Contrarian view is that with High Call Options @ $200 price will close below that by end of week (Market Makers do not want to pay-out) Max-Pain is currently at 197.5
-Bullish view: amount of options could create a "Gamma Squeeze" -Squeezing Tesla to test or surpass Highs in the short-term, ***Short-term pump & Dump
Weekly Expected Move: $215 High $197 Low
Positives:
-Investor Day is Hyping up the bullish trend as everyone is preparing for Elon to showcase "GEN 3" platform -a new commodity vehicle for $25-30k before mark-up. This has retail piling into TSLA stock with an enormous $200 call Option wall again..
-Berlin Higher production levels
--QQQ Potential Island Reversal to the bullish side - Help to continue Rally
Analysis: Short-Term Neutral/ Bearish (Long-Term Bullish )
My bias is Bearish with a possible pump & dump scenario in play ...
$200 Daily MA & 0.382 Fib are psychological zones that Bulls will want to ensure TSLA gets to .. If Tuesday shows strong Commitment and closes at the highs.. We could see Bullish continuation to $234.
Tomorrow is VERY CRITICAL - Monthly close above $200 shows strong buyer commitment - if there is a sell-off and we see a close below $197, I feel confident that Tsla will retrace to $145 area to fill gap ( 0.618 retracement )
Tsla Closing strong tomorrow will lead me to believe that consolidation may continue through next week until we get March Payroll Data (this puts my target price to $232-$234 before we see "Mark-Down"
*watch how TSLA reacts to Weekly Expected high at $215 area
-I am staying away from Options except for "Day-Of"
-Day Trading has been exceptional - waiting 15min after market open has proved beneficial
TESLA BUY the Rumor Sell the FactTESLA is currently one of if not the Strongest Stock and is helping to hold up the Markets. Strong Move today on Lower Volume. I believe that the Rally is close to wrapping up at this stage of the "Mark-UP" *Wyckoff Distribution"
I can see Possible Bullish Continuation through Wednesday.
Technicals/Indicators/Patterns:
$200 Daily MA & 0.382 Fib are psychological zones that Bulls will want to ensure TSLA gets too ..
-^Bullish double bottom pattern places TSLA move to $220 area
-^Potential Island Reversal to the bullish side
BEARISH:
-Bearish Rising Wedge on Daily- if pattern completes, measured move will go to fill gap @ $147.61
--Bearish Divergences are formed on lower time frames (4hr-1hr)
-Daily Bearish Divergences are looking to follow suit
-OBV & Momentum indicators are diverging to the negative (OBV is High but Momentum is contrary)
-Price has been moving down but A/D Line continues rising *I analyze this as Higher Distribution
_____________________________
-***TIME FRAME: Analyzing consolidation patterns and impulse moves (Mark-UP) - I am seeing Consolidation on average of 25-27 days and Impulse Moves lasting 14 days
*Tesla is going to hit 27 days of consolidation on Wednesday I can foresee the Markdown Phase Beginning for 2 weeks and moving into consolidation until before next earnings in April before the Next Mark-UP
This aligns up with Seasonal Market Trends (Bullish in Jan - Decline mid Feb to mid March)
-
Options
Current Options info: *$200 Call Option Wall
-Contrarian view is that with High Call Options @ $200 price will close below that by end of week (Market Makers do not want to pay-out) Max-Pain is currently at 197.5
-Bullish view: amount of options could create a "Gamma Squeeze" -Squeezing Tesla to test or surpass Highs in the short-term, ***Short-term pump & Dump
Weekly Expected Move: $215 High $197 Low
Positives:
-Investor Day is Hyping up the bullish trend as everyone is preparing for Elon to showcase "GEN 3" platform -a new commodity vehicle for $25-30k before mark-up. This has retail piling into TSLA stock with an enormous $200 call Option wall again..
-Berlin Higher production levels
--QQQ Potential Island Reversal to the bullish side - Help to continue Rally
Analysis: Short-Term Neutral/Bearish (Long-Term Bullish)
My bias is Bearish with a possible pump & dump scenario in play ...
$200 Daily MA & 0.382 Fib are psychological zones that Bulls will want to ensure TSLA gets to .. If Tuesday shows strong Commitment and closes at the highs.. We could see Bullish continuation to $234.
Tomorrow is VERY CRITICAL - Monthly close above $200 shows strong buyer commitment - if there is a sell-off and we see a close below $197, I feel confident that Tsla will retrace to $145 area to fill gap (0.618 retracement)
Tsla Closing strong tomorrow will lead me to believe that consolidation may continue through next week until we get March Payroll Data (this puts my target price to $232-$234 before we see "Mark-Down"
*watch how TSLA reacts to Weekly Expected high at $215 area
-I am staying away from Options except for "Day-Of"
-Day Trading has been exceptional - waiting 15min after market open has proved beneficial
TSLA DAY TRADING 2/28 FOLLOW PRICE ACTION & KNOW S&R
Bullish Target $221.5
Bearish Target:$197
I will use this to track Day trading Price Action
Detailed Insight: 2/28
TESLA is currently one of if not the Strongest Stock and is helping to hold up the Markets. Strong Move today on Lower Volume . I believe that the Rally is close to wrapping up at this stage of the "Mark-UP" *Wyckoff Distribution"
I can see Possible Bullish Continuation through Wednesday.
Technicals/Indicators/Patterns:
$200 Daily MA & 0.382 Fib are psychological zones that Bulls will want to ensure TSLA gets too ..
-^Bullish double bottom pattern places TSLA move to $220 area
-^Potential Island Reversal to the bullish side
BEARISH:
-Bearish Rising Wedge on Daily- if pattern completes, measured move will go to fill gap @ $147.61
--Bearish Divergences are formed on lower time frames (4hr-1hr)
-Daily Bearish Divergences are looking to follow suit
-OBV & Momentum indicators are diverging to the negative (OBV is High but Momentum is contrary)
-Price has been moving down but A/D Line continues rising *I analyze this as Higher Distribution
_____________________________
-***TIME FRAME: Analyzing consolidation patterns and impulse moves (Mark-UP) - I am seeing Consolidation on average of 25-27 days and Impulse Moves lasting 14 days
*Tesla is going to hit 27 days of consolidation on Wednesday I can foresee the Markdown Phase Beginning for 2 weeks and moving into consolidation until before next earnings in April before the Next Mark-UP
This aligns up with Seasonal Market Trends ( Bullish in Jan - Decline mid Feb to mid March)
-
Options
Current Options info: *$200 Call Option Wall
-Contrarian view is that with High Call Options @ $200 price will close below that by end of week (Market Makers do not want to pay-out) Max-Pain is currently at 197.5
-Bullish view: amount of options could create a "Gamma Squeeze" -Squeezing Tesla to test or surpass Highs in the short-term, ***Short-term pump & Dump
Weekly Expected Move: $215 High $197 Low
Positives:
-Investor Day is Hyping up the bullish trend as everyone is preparing for Elon to showcase "GEN 3" platform -a new commodity vehicle for $25-30k before mark-up. This has retail piling into TSLA stock with an enormous $200 call Option wall again..
-Berlin Higher production levels
--QQQ Potential Island Reversal to the bullish side - Help to continue Rally
Analysis: Short-Term Neutral/ Bearish (Long-Term Bullish )
My bias is Bearish with a possible pump & dump scenario in play ...
$200 Daily MA & 0.382 Fib are psychological zones that Bulls will want to ensure TSLA gets to .. If Tuesday shows strong Commitment and closes at the highs.. We could see Bullish continuation to $234.
Tomorrow is VERY CRITICAL - Monthly close above $200 shows strong buyer commitment - if there is a sell-off and we see a close below $197, I feel confident that Tsla will retrace to $145 area to fill gap ( 0.618 retracement )
Tsla Closing strong tomorrow will lead me to believe that consolidation may continue through next week until we get March Payroll Data (this puts my target price to $232-$234 before we see "Mark-Down"
*watch how TSLA reacts to Weekly Expected high at $215 area
-I am staying away from Options except for "Day-Of"
-Day Trading has been exceptional - waiting 15min after market open has proved beneficial
TSLA Continuation into investor day? TSLA continues upside auction leading into investor day on 3/1/2023. Hit 211.16 (completion of EOD 3bar play) target in overnight session and breached 212.49 (VPOC during intraday session. Overnight high was 212.60)// New target is 217.20, 221.27 if conditions persist//KLs <210.52: 209.23, 207.40, 205.16// ATR:11.40, Beta: 2.09, IV: 73.89%// Bias: Neutral- Risk on// Economic events has potential to invalidate technical setup.