Tslalong
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.
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
Let's talk about Elon & Tesla...Happy New Years people! 🎇 🎉
Starting 2023 off with another one of our Nostradamus style predictions. 🔮
Since Elon's massive selloff, speculation around Tesla has heated up.
So we figured we'd throw in our two cents...
Looking at the Tesla and SP500 daily charts here, we can see a few potential scenarios playing out.
We've mapped some key levels; the major 2020 support of $60, the $80-$120 zone it recently dipped into, and the bounce zone of $130-$160.
After the Elon-induced selloff, we saw a very nice bounce with 3 green candles last week. Definitely some short-squeezing taking place before years end.
This bounce can easily make a run back up towards $130 if we see a sustained pump across equities. 📈
Of course, which direction Tesla will move in the short-mid term depends on the stock market as a whole. That's why we included (as always), the SPX.
We can see a clear bounce off the top of the channel on the SPX that took place in early-mid December.
We've crabbed along the last week or so, and our gut tells us a broader sell-off might be incoming in Q1. 📉
If you're a long-term older of Tesla, setting up a dollar-cost average grid on the way down in that $80-$120 zone, might not be a bad idea. 💪
Especially if we really nuke down towards the $60 major support.
Long term we are VERY bullish on Tesla and all things Elon, but we might see some great buying opportunities here in 2023.
Eyes peeled.👀
-TucciNomics
Chief Overlord, AlgoBuddy
TSLA Bounced Off Support! What Next?The last time we made our Tesla chart, we were in a downward channel and expecting a bounce off support. It has since fell through that but looks to have found support at the $111 level.
Looking at the weekly RSI, we can see TSLA is at the same level it was at in May 2020 before it had its huge run (oversold). This, combined with the bounce off weekly support at $111 leads me to believe we could be at a reversal point for TSLA.
The next major resistance points are $128 and the bottom of the channel at $138. If we can break back into the channel, I believe $190 is highly likely. If we break back below support, then $92 is the next major level I'll be buying at.
If you enjoyed my TA, please send a boost my way and comment below :)
TSLA Reversal $we broke from our bullish flag , which gave us a change from our bearish trend, we've got a resistant to over come to continue that bullish momentum around the 123$+, to go towards the first poi taking 136$, and then the 167$.
on the other hand if we didn't over come that resistant around the 123$, we going to test our support above 114$, if we didn't hold it , we going to see continuation for the bearish momentum till the bottom price above the 91$.
Is TSLA coming back on track?NASDAQ:TSLA
My TSLA forecast was a bounce from 159 and, if failed, from 108. I started to collect a long-run position at 159 and bought the 2nd batch of stocks at 108. My risk plan includes the possible price fall to 50.50 with 90 in between Itechnically) - Jan'02-23 will showcase which direction TSLA will move next Q1'23.
Overall, I think TSLA is bottoming. I placed my 2 general visions of next TSLA price moves based on my TA.
$TESLA - BIGGEST MONTHLY DROP IN YEARS $TESLA - BIGGEST MONTHLY DROP IN YEARS
We hit the first target! - $112
It is a nice place to take profit on shorts.
The 2th Target: $70. This is where I would really be loading up on $TSLA for the long term.
I expected it to bounce from here but eventually likely get to $70.
$TSLA on 1hour 12/21 Pump$TSLA on 1hour 12/21 Pump.
For my analysis, $TSLA will try to pump in the morning and I expect a small pullback there after after morning rush.
I will wait to see a confirmation on the candles in the morning of it's intended direction.
However, if TSLA does fall but does "consolidates". I expect TSLA to attempt reaching higher highs there after.
Please note:
>>Support is $134.16 and 1st Resistance is $144.95.<<<
What are your thoughts?
Thanks,
Kelly
TESLA Hightime Frame Analysis - $TSLA - Long term Buy Zone.Tesla may finally continue downtrend,
i would personally enter after a sweep of those lows (mentioned in chart) around 100's might take few weeks/months to reach though.
Long term buy zone = 92-120 levels.
Potential targets = 200+ mid term, long term would like to see a double top rejection @400 , until then it's level to level play.
No guarantees we get it anytime soon, just my HTF plan.
Cheers.
TSLA Will weekly support hold - Trading Ichimoku levelsHere we trade Tesla stock using 1W Ichimoku levels.
What do we observe?
Price dipped below the base of the green cloud at aproximatly $161. The market kindly urged weak hands to let go of their shares, so we look for long opportunities. I.e. trade the correction, get everyone bullish before continuing our way down.
The first two support levels on the 1W Ichimoku chart are shown. We're trading around the first level at $147.45. Excellent, we'll take it! Profit targets orange levels and zones. Stop somewhere below the level of $132.63.
Remember: this is just an idea, NOT financial advice in any form. Please do NOT take this trade, as it might run into a loss. Only take trades that fit YOUR plan and/or risk tolerance. If you do like this idea consider giving it a boost. Happy trading!
TSLA at Support! Will it Bounce?Looking at TSLA on the weekly, we can see it's still in a downwards channel but has a high possibility of bouncing here. Let's look over a few things:
1. It's at the bottom of the channel which it's been in since Oct 2021
2. It's also at horizontal support of $150 that was a key level back in Sep/Oct 2021
3. The weekly RSI is almost oversold and hasn't been this low since June 2020
All of the above signs show a good R/R level for buying or at least starting to DCA here. If TSLA bounces here, I'm looking at taking profit at the $190 level. If it continues to fall, I'm looking to DCA more at the $129 level (next area of major support), followed by $111, $92, $62, and $24 respectively.
If you enjoyed my TA, please send a boost my way and comment below. Thanks :)
Tesla TSLA Update TechnicalTesla TSLA Technical
TSLA has been getting hammered past week, it is down almost -15% from $180 to $169
What do I see on the technical side?
- Reached new lows
- Strong support at 170.00
- If support breaks we are coming towards 166.00
- We SHOULD see a retracement towards $188
- We are forming a double bottom which is great news
- Fib retracement should hold at 0.5 at least to 0.618
Do you agree we will retrace to Fib level 0.618?