Tslalong
$tsla road to $300in Elon we trust.
-twitter turned around.
-cybertruck production year
-ford can keep up with the great EV race.
-star link providing for those who can't provide for themselves
6.23.23 exp 280c
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.
Tesla -> The Bulls Are Pushing HigherHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
Just a couple of weeks ago Tesla stock perfectly tested and rejected a quite strong previous support zone towards the upside.
However this bullish move of about 80% is still not over yet in my opinion, since we still have some room towards the upside until we retest the next resistance area.
From a daily perspective I am now just waiting for a short term retracement back to the previous resistance zone which is now turned support, then I will wait for some bullish confirmation and then there is a high chance that we will see the next weekly push towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Tesla correction to $190 likely imminent. There is a strong confluence zone of Gann’s Cycles of the Inner Year between Dec 19 and Dec 22
180 bars from the April 4 swing high
144 bars from the May 24 swing low
97 bars from the Aug 4 swing high
91 days from the Sept 22 swing high
Additionally, there are significant gaps now between the bodies of the candlesticks between Dec 14 – Dec 21 and the Tenkan-Sen.
Significant and surging volume coming in while $TSLA hits new lows.
The price value of $144 itself is an important number in Gann Analysis.
Anticipated outlook: A return to $190 value area over the next 42 to 49 trading days.
TSLA Re-Accumulation to Big DistributionTopping reversal candle on the 4 hr. I see Bullish and Bearish scenarios- * Yes Tesla can go to $180 first, it has to happen before Wednesday
Bearish- pullback and double top , Rising Wedge or complete breakdown from here.
Bullish-continuation on new support trend-line past $200… to confirm V bottom recovery (Tsla is one of few stocks that will be green while Markets go red)
*** everything dependent on Markets to confirm Bull cycle or to fade the rally and begin the Final leg Down of Correction.
My Thesis,( until price action delivers a different scenario)-
I’m leaning Bearish, but with a possibility of higher high along with Bearish Divergence confirmation. Just to accumulate more retail liquidity before February selloff -Smart Money began buying in December- taking profits in February lines up with lower Tax on gains and portfolio rotation
I believe economic data or FOMC will maintain hawkishness and rug-pull the markets next Wednesday.
Macro Data:
- NYSE advance decline is supporting weakness in markets
-Retail & Smart money are completely divergent
-Put/Call ratio beginning to favor Bears
-Vix bullish divergence setup forming
-DXY, 10yr & 2yr bond yields are all rising with markets
-HYG Bonds are falling while markets advance
-Retail influx & euphoria is at highest level since 2021 & 2022 August high (LARGE SELLOFF)
- Feb & March seasonally are sell-off & Volatility spikes until April
***Everything is pointing to a Large pullback or “The Final” leg of Bearish Correction
TSLA - One possible scenario for the stock priceFor this scenario to happen we have to break an important resistance level - the $202 level. After that we will expect a retracement without making new lows, and then start to consolidate and slowly move to the upside again.
Trade with care.
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
TSLA Relief Rally *Be Careful-(Short Term Bullish)***Warning Monday Jan 2nd (Market is Closed) - Q4 EV Deliveries - good report then TSLA will complete H&S pattern and continue Bullish Island Gap Reversal
Positive:
`TSLA is Very Oversold, we could see a continuation of this bounce up too 150-180 if production release is great on Monday.
-Bullish Chart patterns show inverse H&S pattern created by Island Gap Reversal.
LARGE Buying Volume strong-sign of institutional investment - this could be accumulation phase
Beginning of January tends to be positive for the stock market
NDX & SPX showing signs of upcoming relief rally (*before we make final leg down)
HYG & JNK Bonds are showing bullish divergence
Negative:
Monday possible less deliveries than expected -if is lack luster I can see TSLA dropping 7-12% to retest the low
China Covid Cases/ Shanghai Factory Slow production
Tesla is still in a Strong Bear Market pattern
Elon and Twitter Drama
Earnings report on the 23rd - with factory issues, supply issues - it does not look promising
Macro H&S Pattern puts the measured decline to $90-$80 range
Sentiment:
Short Term -Swing /Day Trading -I am only Bullish for the Short Term* (1-2 weeks) .
Long Term Investing: I am Bullish for Long Term (5 yrs) ....over-all I would choose the $109 area as 1st pt accumulation / $80 area second point / $60 area 3rd pt (TSLA will Grow 25% Sales YoY for next 5yrs) PEG ratio looking good
TSLA $ SQUEEZE we about to have huge test around this level (180$/200$) if we break that level we have a bullish reversal for Tesla and going towards the 230$ and then 313$, if we got rejected we have to hold above the 150$ in order to confirm that we dont have a sell off then bounce from our ascending line and try again to break that level .
LONG TSLAWe are entering demand zone. I'm building a grid into Tesla. If demand will be too low We're heading into $60's
Short-term Bullish Breakout attemptTSLA broke out of the falling channel with back test today-and could be attempting a 16% measured move up to fill the gap around $137.
*There will be resistance between 124-128.
If..IF Markets maintain bullishness we could see Tsla Move Towards $161-168 area, which coincides with: ~ Previous Support + 200WMA + 0.618 Golden Fibonacci Retracement, before moving back down to complete accumulation bottoming pattern.
Data to keep in mind:
THURSDAY: **CPI data expectations where just changed this morning - expectations of -0.1 instead of 0.0
JAN 23rd. *Earnings expectations are bearish
Protection Ideas:
if bullish pattern plays out - sell Early Feb $140 Calls to protect position
Pattern Failure: Close Below $108 (you could set a stop loss at $117 - Tsla may want to fill gap at $114 first or test 110 area
*** I do not believe the Markets are primed for THE Bull run yet (soon.. not yet) ... New Lowes are coming in Feb. Just an opinion..
Good luck & let me know what you think or if you have any good trade set-ups you want to share or discuss.
TSLA 1H SUPPORTTSLA 1H support is now at ~$129
Enter 50% at the current price
and try to set some BUY orders near the support zone
If TSLA stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
Retrace to -OB for more downwardIMO at weekly tf tesla stock can upward to $166~$178. after that we might see more downward to $68.
NFA
TSLA retest establishedThis beautiful Reverse H&S pattern breakout and retest could only mean one thing! UP ONLY.
These short time frame Reverse H&S's that happen at bottom levels like this are known to create harsh upwards patterns between %50 and %70. An occasion like this would also cause the S&P to rally and give it strength. Good luck friends. Have a great week.
NASDAQ:TSLA
TSLA - Triple Bottom then Flat Top TriangleTSLA has had a long down trend from macro factors including China , a recession as well as a unique
situation tying it to Twitter and Musk liquidating large blocks of stock.
From the technical side of things a recent triple bottom has evolved to a flat top triangle pattern.
Both of these are bullish suggesting a reversal is real. The setup is for a breakout above
the flat top ( black line drawn on the chart) I will add TSLA back to the waitlist and watch
it also with a small position in leverged TSLL. Once it is above the breakout level of 124.75
call options with 2 weeks expiration strike of 130 will be entertained.
Tesla Test & Holds Fib Confluence, What Next?In this update we review the recent price action in Tesla and identify the next high probability trading opportunities and price objectives to target
TSLA buy @ 100 and sell @ 120 for a 20% gainLooking to buy at 100 hopefully today ... this is a key level because i remember back in august 2020 all the craziness started about TESLA becoming the Apple of cars but yet charts are pretty clear at 100 there will be a big bounce for sure until 120 maybe even 140, but in the bear market better to be safe than sorry so i will get my 20% gain at 120. Midterm more pain is coming to and TSLA should find the ultimate bottom at 60. Note: This is not financial advice, consult your financial advisor.
TSLA To 0$ ?NASDAQ:TSLA
Tesla is a great company, I don't think it will collapse, by fundamentals breaking each Q's Rev and Profits, Best selling car.
But as FED keeps raising the interest rate, it will go lower but for now:
Trade for a short timeframe . Tesla Looks great.
Over Sold, Close to Support Level, Sellers Vol Decreased, Far a Way from MA'S, confluence AREA!
I taking it for a long With 2 TP at Fibs Level.
Bought for 124.
Have fun.
TP1 139
TP2 149
SL 110
