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Tslalong

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
SP:SPX
by QuantVue
2
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 :)
NASDAQ:TSLALong
by CryptoScripts
4
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!
NASDAQ:TSLALong
by FR_Ambrosius
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 $24 respectively. If you enjoyed my TA, please send a boost my way and comment below. Thanks :)
NASDAQ:TSLALong
by CryptoScripts
8
3D daily wolfe wave setup in TESLA$TSLA The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. There is a massive setup for a gap fill 261 which it left open in September 2022. This setup is identified in the previous post using the 2D time-frame and it is also appearing on the 3D time-frame. The weekly setup was triggered the last week of November 25. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is around 600 with estimated time of arrival sometime last week of March 2024. Short term wise, look to target the 261 gap or 200 day ma. Long term wise, dollar cost averaging on the dips would not be a bad investment for child's education fund.
NASDAQ:TSLALong
by TOSOPTION
TSLA 2D wolfe wave setup into January Run up$TSLA The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. There is a massive setup for a gap fill 261 which it left open in September 2022. The weekly setup was triggered the last week of November 25. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is around 524 with estimated time of arrival sometime last week of January 2024. Short term wise, look to target the 261 gap or 200 day ma. Long term wise, dollar cost averaging on the dips would not be a bad investment for child's education fund.
NASDAQ:TSLALong
by TOSOPTION
Tesla Analysis 28.11.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
NASDAQ:TSLA
by basictradingtv
4
Is TSLA setting the tone!Bulls found some sort of solidarity in the FEDs minutes today. And showed it with a strong stance by buyers closing the day with strength and displaying the majority will of todays retailers. And their desire to reap profit from this shopping season . We need to consider that the big institutions where not actively trading today. And yet Volume on some stocks did not decline by much. Question can this be a definitive stance? Or a retest of resistances in $184 and $187 since we are still in a macro Bear trend. Bear will attempt a stance at $183 but if a Daily open is above this price they will not be able to hold and I would be looking for $187 and $190 for next targets. A rejection of $183 will be decided between $181 and $180 with potential selloff if Buyers are unable to keep price above $180
NASDAQ:TSLALong
by JP_Tru