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
Tslalong
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.
$TSLA bulls keeping the TSLA alive!$TSLA holding it own this morning, keeping the momentum up just above $200 level. tesla must stay above the $190 to $200
to continue its momentum to upside. no new catalyst for tesla except the anticipation of the new tesla model 3 which still no
further announcement. also Elon Musk face class action lawsuit from shareholders, overstating the effectiveness and safety of
the company's autopilot and full self driving technologies.
below is the price level I'm looking for $TSLA:
TGT average price move per day is $7-12 per day depending on market volatility and catalyst.
Below is the price level I'm looking for entry and exit for TSLA:
Buy call above 209.26 and sell at 211.73+ or above
Buy puts below 204.17 and sell at 201.52 or below
make sure that you set up alerts on those key level so you wont miss the move.
and always to take your profits as you see one.
Tesla Time To RetraceHere Is My Study on Tesla Chart. Is To Much Extended. I Think Its Time To Retrace a Bit.
This analysis is for informational purposes only and should not be considered financial or investment advice. The information presented in this analysis is based on my own research and is subject to change without notice. The analysis is not a recommendation to buy or sell any specific cryptocurrency Stocks Or Forex, including This Pair. Please conduct your own research and consult with a financial advisor before making any investment decisions.
TSLA setting up for a pull back?$TSLA slightly pulls back after soaring for couple of weeks. this pulls back is expected and it might setting up for another pulls back or consolidate
if needs to cools off. TSLA bulls needs to hold the 190 level or bears might gain some momentum here to break below 190.
no majors news to push the TSLA except the analyst upgrade to buy rating.
TSLA average price move per day is $7-$13 per day depending on market volatility and catalyst.
Below is the price level I'm looking for entries and exit for TSLA:
Buy call above 203.31 and sell at 205.90+ or above
Buy puts below 196.61 and sell at 194.50 or below
make sure that you set up alerts on those key level so you wont miss the move.
and always to take your profits as you see one.
Tesla’s price has doubled in six weeks, where to from here?Back in October, we made an outlandish call for Tesla to more than halve and fall from $220 down to $100. Four months later, we are both delighted and somewhat saddened to see it came to fruition almost perfectly (although technically it only fell to $101.81, leaving out bear call out of pocket by $1.81 per share). It was nothing personal against the company or Elon, but we simply looked at the data and hypothesised an idea based it. So where is Tesla to go from here?
Incidentally, the stock is almost right back where it was in October and trades at $202.35, having more than doubled and rallied 113.8% in just six weeks.
Tesla (TSLA) weekly chart :
We can see on the weekly chart that the rally from $100 has been string and in a relatively straight line, and volumes rose to a two-year high to show fresh buyers entered the market and bears closed out. However, we’re approaching the broken neckline which could potentially prompt a pullback (or a consolidation), but the strong volume and price action suggests it could eventually break above it.
And whilst a bearish hammer formed two weeks ago, it was followed by a bullish engulfing week with higher volume to show demand at these highs. Therefore, a break below 187.61 assumes a pullback, but bulls may be interested in loading above this key level for a move to the neckline around $225.
Tesla (TSLA) daily chart:
The daily chart shows a small pullback within the range of a bullish engulfing candle at the highs. A small bullish hammer formed yesterday for a potential higher low above last week’s low, and the daily engulfing candle. After-hours trade also see it trade slightly higher. Also note that the 20 and 100-day EMA’s sit perfectly on last week’s low, making $187.61 an important support level for bulls to defend. RSI (14) remain positive above 50, so we’re looking for another burst higher on the daily chart.
• The bias on the daily chart is bullish above $187.60
• We anticipated a move towards the $220 - $225 area (along the neckline, depending on how quickly it gets there), where we may then see a pullback from the broken neckline
• Keep in mind the November high around $237.4 which could also cap gains over the near-term
• A break below $187.60 assumes a deeper correction, where we’d then look for evidence of a swing low around a Fibonacci number or the ‘gap support’ zone’ (at which point reconsider longs, in line with weekly volume and momentum)
TSLA Potential to 61.8% Fibonacci Line My overall bias for TSLA is bullish as the current market price is above the Ichimoku Cloud, Looking for the pullback buy entry at 183.64 where the 38.2% Fibonacci line is. Take profit at 231.49 where the 61.8% Fibonacci line is. stop loss at 152.36.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
TSLA Squeeze $we got double top resistant at 212$ if we break it we going to test the 2 profit taking then the squeeze area around the 313$.
on the other hand if we broke our ascending support above the 190$ we going to see a bit of selling pressure to have a reversal from the support above the 165$.
$TSLA pull back is a bear trap?$TSLA soars after beating the eps couple weeks ago, along with the market bounce from inflation data and other news.
i think this pull back is a must to cool off after soaring almost 100$ in a month. daily chart rsi shows its over bought and
4hour chart show its entering the squeeze zone. but the momentum of tsla still looking strong for now until the higher time
frame breaks below moving average.
TSLA average price move per day is $7-$13 per day depending on market volatility and catalyst.
Below is the price level I'm looking for entries and exit for TSLA:
Buy call above 200.60 and sell at 204.90 or above
Buy puts below 192.09 and sell at 188.06 or below
make sure that you set up alerts on those key level so you wont miss the move.
and always to take your profits as you see one.
AW Tesla Analysis - Eventual Move Up To $700 Area...According to the AriasWave methodology, we have seen what appears to be the end of Wave (B) followed by an impulsive move up.
This suggests that Wave (C) has commenced, and I see support at $102.
I would suggest looking out for a pullback first before entering the trade.
Price may come back to fill the gap or use it as support, or it may not.
Given that I am expecting a slight pull back in the Nasdaq and Dow Jones, there is a possibility.
If there is enough interest in this idea, I could potentially do a deep dive on the waves at smaller degree.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
TSLA Re-Accumulation/DistributionTSLA price swings are signs of accumulation/distribution. Weakness in small time frame / Strength on Daily - this is either correction or liquidity grab into next move up
$190 support - Weakness under $188, $182 is LPS
*1hr support 21 EMA Resistance 8ema
*5ma Daily Support
Weekly anchored VWAP: $188
*1hr indicators are showing triple negative divergence
Powell could be the catalyst to push markets & Tesla into correction territory
*Options - $200 weekly Call Wall Wallstreet max pain will be between $188-$190 (this changes daily)
Weekly expected move: $207 high $197 low
Intraday: 2/7 (Bearish)
Trading between $198-$190 then $188-182
I was expecting an upthrust to $200-201 for a liquidity grab before correction... still possible, but 1 hr. bullishness is weakening
current bias is bearish for the short-term. *above 201.8 I can see this going to weekly highs
*Pay attention to Volume of Selling and Buying - Buying Volume is still larger* Low Volume Sell-off is a sign of re-accumulation
TSLA Opened above previous candle so I took a bullish tradeI moved my stop accordingly, the stock closed above the high from the previous candle, Got in at 10EMA bear candle closed above so i went long. I gave it the ‘newsome nudge’ after price almost hit my target but was not ‘paytient’ enough to have my holding muscle long enough. Glad i was green for the day :+1::skin-tone-4:.
2.57R:money_mouth_face: for the day.(‘if i held long enough’ i would have been up more). But I'm glad I my analysis was correct! The goal is to win more than you lose.