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Tesla (TSLA) VOL 2. | Retest After The Breakout!Hi, Some months ago I shared the Tesla idea, and it worked out perfectly! Now the second opportunity, we have seen that the price of Tesla has made a breakout from the trendline. It has seen quite a few attempts to break through it, all failed but not the last attempt, the last attempt was quite powerful and the retest area is also quite strong so these are the major reasons I would like to share this idea. Obviously, do your own work but if it is matching with mine then you are probably ready to go ;) Good luck, Vaido
NASDAQ:TSLALong
by VaidoVeek
TSLA weekly chart shows confluence.NASDAQ:TSLA weekly chart shows that it is coming into key demand areas around $205 to $215. The weekly chart shows a Wyckoff accumulation phase since the 2021 all-time high at $414.50, with a spring during Phase C at the recent lows below $140. This corresponds to the bottom of the cup, with Phase D of accumulation corresponding to the handle. A close over the weekly 200 SMA, currently at $232, will give room to the weekly 150 SMA supply. Reclaiming these weekly supply zones may lead to a break of the weekly handle, and a push up to the final weekly supply zones of the weekly upper Bollinger Band and upper weekly 100 linear regression channel ahead of $300 during Phase E, which may start at the end of this year or into next year. The trade is invalidated below the weekly 20 SMA, which is currently at $187.
NASDAQ:TSLALong
by DMT_Doctor
4
Tesla's Shocking Plunge: Is the Bubble Finally Bursting?This is a Walk through of How i Took Advantage of the Giant Move on TSLA Current Price Action: The current price is $240.89, reflecting a decrease of $7.20 (or 2.90%). Liquidity Zones (LQZ) / Take Profit (TP) Levels: There are two marked LQZ/TP levels: LQZ/TP 1 at $263.53 LQZ/TP 2 at $270.21 Support and Resistance: Multiple dashed lines indicate key support and resistance levels: $138.36, $142.18, $145.51 (support zones) $159.45, $168.98, $173.21, $175.92 (support/resistance zones) $260.27 (resistance) $300.01 (resistance) Trend Lines: A downward-sloping trend line (dashed blue) from previous highs suggests a long-term bearish trend. Price recently broke above this trend line, indicating a potential change in trend or a strong bullish move. Candlestick Patterns: Recent candlesticks show a strong upward move followed by a pullback, which is typical after a strong rally. Volume: Volume is indicated, with the latest volume bar showing 6.468 million shares traded.
NASDAQ:TSLA
by Adlercon333
TSLA ( UNDER BEARISH PRESSURE ) ( 1D )TSLA HELLO TRADERS trend line : the price trade under resistance trendline , indicates the price is under bearish pressure , if the price breakout the resistance trendline reach to resistance level . TURNING LEVEL : a gold rectangular a round 214.16 level , which indicates two cases , the first cases until the price breaking this level reach a resistance level , the second case the price trade below this level , the price reach support level . RESISTANCE LEVEL : a green rectangular , an area above the turning level , around 263.13 and 295.97 , selling have already increase at this level . SUPPORT LEVEL : a red rectangular , an area below turning level , around 152.72 , buying have already increase at this level . PRICE MOVEMENT : the price is under bearish pressure until trade below turning level at 214.16 , it will attempt to reach support level at 152.72 , then trade below this level reach next target at 125.23 , if the breaking turning level and breakout resistance trendline trying to reach resistance level 241.15 and 263.13 , then stable this level reach next target 295.97 . TARGET LEVEL : TENDENCY : SHORT 214.16 RESISTANCE LEVEL : 241.15 , 263.13 , 295.97 SUPPORT LEVEL : 152.72 , 125.23
NASDAQ:TSLAShort
by ArinaKarayi
TSLA Elliott Wave Insight: A Bullish Path AheadTechnical Analysis of TSLA Based on Elliott Wave Theory Overview Based on the Elliott Wave Theory, we observe that TSLA has commenced a fresh impulse wave from the bottom of January 2023. This new wave marks the beginning of wave I in the red cycle degree, which concluded at the peak of July 2023. Following this, wave II in the red cycle degree began moving downward and concluded at the bottom of April 2024. It is crucial to note that wave II did not retrace beyond the start of wave I, confirming that the Elliott Wave principles have been adhered to. The bottom of wave I was at $101.43, and wave II concluded at $138.86, which is within the acceptable range. Now, wave III in the red cycle degree has started its upward journey, which is expected to show significant strength and momentum. Typically, wave III can extend up to 161.8% of wave I, implying a strong bullish trend. Subdivision of Wave III Within wave III in the red cycle degree, there are five subdivisions expected, labeled as wave ((1)) to ((5)) in the black primary degree. Currently, we have embarked on wave ((1)) in the black primary degree, which itself should also subdivide into five smaller waves labeled wave (1) to wave (5) in the blue intermediate degree. - Wave (1) and Wave (2) in Blue Intermediate Degree: These waves have already been completed. - Wave (3) in Blue Intermediate Degree: We are likely in the early stages of this wave now. Characteristics of Wave III Wave III is often the longest and most powerful wave in the Elliott Wave sequence. Here are some key characteristics and signs to watch for: 1. Momentum and Strength: Wave III usually exhibits the strongest momentum and covers the most distance in the shortest time compared to waves I and V. 2. Volume Increase: There is often a significant increase in trading volume, reflecting heightened investor interest and confidence. 3. Impulsive Nature: Wave III is impulsive, meaning it moves in the direction of the larger trend. This is often driven by fundamental news and investor sentiment. 4. Extension: It is common for wave III to extend, reaching up to 161.8% of the length of wave I. 5. Subdivisions: Within wave III, there should be clear five-wave subdivisions in lower degrees, following the typical Elliott Wave structure. Roadmap and Invalidation Level The roadmap for TSLA suggests a bullish trend ahead, supported by the structure of the waves and the characteristics of wave III. The key invalidation level to watch is $138.86. As long as this level is not breached, the bullish outlook remains valid. - Wave III Target: Ideally, wave III could extend to around 161.8% of wave I. - Key Invalidation Level: $138.86. If TSLA breaks below this level, it would invalidate the current wave count and necessitate a reassessment of the wave structure. Conclusion The Elliott Wave analysis of TSLA indicates a strong bullish trend with the commencement of wave III in the red cycle degree. This wave is expected to show substantial strength and momentum, with a likely target near 161.8% of wave I. As long as the invalidation level of $138.86 holds, the bullish bias remains intact. Investors and traders should watch for the key characteristics of wave III and monitor the wave subdivisions closely to confirm the ongoing wave structure. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NASDAQ:TSLALong
by RK_Chaarts
4
Can Humanoid Robots Propel Tesla to a $25 Trillion Market Cap?Elon Musk's Optimus Gambit: Can Humanoid Robots Propel Tesla to a $25 Trillion Market Cap? Elon Musk, the ever-optimistic CEO of Tesla, sent shockwaves through the financial world at the company's 2024 annual shareholder meeting. He claimed that Tesla's humanoid robots, codenamed Optimus, have the potential to skyrocket the company's market capitalization to a staggering $25 trillion – a figure exceeding half the current value of the entire S&P 500! This ambitious statement has ignited a firestorm of debate, with analysts and investors left to ponder the feasibility of Musk's vision. Tesla's current market cap sits around $580 billion, a significant achievement but a far cry from Musk's $25 trillion target. To reach that level, Tesla's stock price would need to undergo a monumental increase. For context, the entire S&P 500, a collection of the 500 largest publicly traded companies in the US, boasts a market cap of $45.5 trillion. For a single company to surpass half that value signifies a monumental shift in the technological and economic landscape. Musk's optimism hinges on the capabilities of Optimus robots. These machines, still under development, are envisioned as general-purpose humanoid robots capable of a wide range of tasks. At the shareholder meeting, Musk offered glimpses of a future where Optimus robots seamlessly integrate into human lives, performing everything from domestic chores and factory work to potentially even childcare and education. If Tesla can deliver on these promises, the ramifications could be immense. Imagine a world where tireless robots handle repetitive and potentially dangerous tasks, freeing up human labor for more creative and strategic endeavors. Manufacturing could be revolutionized, with robots handling intricate assembly lines with unmatched precision and efficiency. The potential economic benefits are undeniable, and this is likely the vision that fuels Musk's bullish prediction. However, skepticism abounds. Critics point to the numerous hurdles Tesla needs to overcome before Optimus can become a reality. Developing truly versatile and capable humanoid robots remains a significant technological challenge. The cost of production, the robots' safety and reliability, and the impact on human employment are all significant concerns that need to be addressed. Furthermore, some analysts argue that Musk's $25 trillion target is simply unrealistic. While Optimus robots hold promise, it's difficult to envision a scenario where they single-handedly propel Tesla to such an unprecedented valuation. The overall market size for humanoid robots and the timeline for widespread adoption are significant uncertainties. Despite the skepticism, Musk's vision should not be entirely dismissed. Tesla has a history of disrupting industries, and its track record in electric vehicles and autonomous driving is undeniable. If Optimus lives up to its potential, it could become a game-changer, not just for Tesla, but for society as a whole. The coming years will be crucial in determining the fate of Musk's audacious claim. Tesla will need to demonstrate significant progress on the Optimus project, effectively navigate the technical and ethical challenges, and convince investors of the robots' transformative potential. Whether Optimus becomes the key to a $25 trillion Tesla or remains an ambitious dream is a story that will continue to unfold.
NASDAQ:TSLA
by bryandowningqln
Tesla: Leading the Charge in Autonomous Driving TechnologyTesla is making significant strides in autonomous driving technology, with its Full Self-Driving (FSD) system and Hardware 4 (HW4) leading the charge. Nvidia’s Endorsement: Nvidia CEO Jensen Huang recently praised Tesla’s dominance in the self-driving sector, highlighting the revolutionary capabilities of Tesla’s latest FSD version 12, powered by Nvidia’s advanced chips. Despite being a Level 2 system requiring supervision, Tesla’s FSD has logged over 1.3 billion miles since its 2021 launch. Nvidia’s Automotive Ambitions: Tesla’s reliance on Nvidia’s chips underscores the growing synergy between the tech and automotive industries. Nvidia’s automotive revenue, though a small fraction of its data center business, is expected to become its largest enterprise vertical. The future of autonomous cars demands vast computing power, exemplified by Tesla’s expanded FSD training AI cluster using 35,000 Nvidia GPUs. Tesla Hardware 4: HW4 represents a significant upgrade over HW3, featuring new sensors and a more powerful FSD computer. The sensor suite includes high-resolution cameras and potentially a new radar unit, while the FSD Computer 2 boasts 20 CPU cores and improved neural network accelerators, enhancing performance to 50 TOPS. Rollout and Future Prospects: Tesla began equipping its vehicles with HW4 in early 2023, with plans to integrate it across its lineup, including the Model 3 and Cybertruck. Although retrofitting older models is not planned due to complexity, Tesla assures that HW3 will achieve full self-driving capabilities. Looking Ahead: Hardware 5: Reports suggest that Tesla is already developing Hardware 5 (HW5), expected to support Level 5 autonomous driving, further cementing Tesla’s leadership in the industry. Conclusion: Tesla’s continuous innovation in autonomous driving technology, supported by partnerships with tech giants like Nvidia, positions it at the forefront of the automotive revolution. With HW4 rolling out and HW5 on the horizon, Tesla is paving the way for a future of fully autonomous vehicles, integrating advanced computing with automotive engineering for safer, smarter transportation solutions.
NASDAQ:TSLALong
by signalmastermind
TSLA - UniverseMetta - Analysis#TSLA - UniverseMetta - Analysis The price is near the lower border of the channel in which the price has been for almost a year, which makes it possible to enter from the borders and take away movements of 15-30%. There was a rebound from the border, which formed the 1st wave, and was able to correct to the area of ​​50%. Now an ABC structure has formed, which may suggest the beginning of a 3-wave structure or the 3rd wave; when the trend line is broken, you can try to gain Long positions. With targets towards the upper border of the channel, around $236 per share. If there is a retest of the border, it will be possible to hold it up to levels 300 and beyond. Local target 194 - 236 Target 194 - 236
NASDAQ:TSLALong
by Trade-U-Metta
$TSLA Might be About to Make a Big MoveTSLA has been compressing into a multi-year squeeze on the charts. Whether it's the global economy going into a rough patch, the uncertainty of the 2024 US presidential election, or multiple wars happening in the East there seem to be a lot of potential market forces possibly pushing high multiple stocks down for the near future. But Tesla as a company is on track for 50% YoY growth, completely dominating the global EV market while traditional OEMs pull back their EV efforts, Chinese OEMs struggle with margins, and other pure EV companies struggle to turn a profit at all. Personally, I think TSLA will have a rough winter as the market hedges their bets on a market level, after which it will be primed for a huge upward breakthrough once the dust settles on the other side.
NASDAQ:TSLA
by rhaphazard
$TSLA Contrarian Bounce Against the Market Grain.$TSLA:1D Price breaks out of downtrend at +3SD (190.79). Potential ‘gap-fill’ up to 206. Bullish price to RSI divergence. (yellow lines) Pearson’s R^2 is extremely high and I don’t believe this level of trend strength can be maintained at these levels of elevation for a very extended period of time. Significant inverse correlation to relevant index ETF ( NASDAQ:QQQ ) makes NASDAQ:TSLA a theoretically contrarian trade for me assuming I have a bearish sentiment on broader tech sector as represented by $QQQ. Given how beaten up the stock has been I believe it could rise against a falling tech sector, at some point over the next 90 days. First target is 198 level, second target is filling the gap up to 206 and the third and final ‘reach target’ would be the 0.5 retrace at 222.60. I would be happy with 2/3 of these being completed. If the trade went against me, I see the worst case, downside, scenario as a further spill to the 1.382 (147.56) with a drop to the mid 160’s as more likely in the event of a downturn. My thesis is long but outlining the downside scenario is an important part of managing risk for me. Happy trading.
NASDAQ:TSLALong
by Firewalker_Charts
Tesla - Clear flag formation!Hello Traders and Investors, today I will take a look at Tesla . -------- Explanation of my video analysis: After the triangle breakout and the bullish break and retest on Tesla stock back in 2020, we saw a significant rally of 1.500% towards the upside. For 3 years Tesla has now been trading in a decent bullish flag formation and just broke an important support area towards the downside. However at the moment Tesla is literally in no man's land so it is better to wait for the next retest of structure. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLALong
by basictradingtv
10
TESLA MOTORS UPDATEDHello Traders and stocks holders. its been a while since my idea got doomed, but timely it will make a perfect decisions on buying this stock or you're doing a DCA, like buying the stock every Paychecks received. This idea can be perfect or can be doomed again, lol. But still preferred on buying for longterm. This is not a financial advice, you either trade it options or holding the real stock.. Final words all ideas are not perfect, "Only Gods and the dead can seem perfect with impunity" Law 46
NASDAQ:TSLALong
by D1GITALTRADES
Tesla Takes Flight: Is China's Approval Enough to Go Long? Tesla's stock price recently soared after receiving "in-principle" approval from Chinese authorities to deploy its driver-assistance system in the world's largest auto market. This news undoubtedly fueled investor optimism, but is it enough justification to take a long position on Tesla stock (TSLA)? Let's delve deeper into the implications and weigh the risks before making a call. China's Green Light: A Major Tailwind China's tentative approval for Tesla's driver-assistance system is a significant development. China represents a crucial battleground for electric vehicle (EV) manufacturers, and Tesla has faced stiff competition from domestic players like BYD. Gaining official sanction for its advanced driving system removes a potential hurdle and paves the way for increased sales in China. This could significantly boost Tesla's revenue and profitability in the long run. Beyond China: A Broader Growth Story Tesla's appeal extends far beyond China. The company remains a leader in the EV revolution, continuously innovating and expanding its product line. With the Cybertruck launch and the ongoing success of Model 3 and Model Y, Tesla is well-positioned to capitalize on the growing global demand for EVs. Additionally, Tesla's focus on autonomous driving technology positions it at the forefront of a potentially transformative industry shift. Risks to Consider: Not All Sunshine and Self-Driving Cars While the China news is positive, there are factors to consider before going all-in on Tesla. Regulatory hurdles remain, with the final details and limitations of the driver-assistance system approval in China still unknown. Additionally, competition in the EV space is fierce and constantly evolving. Established automakers are rapidly entering the fray, and new startups are nipping at Tesla's heels. Furthermore, Tesla faces ongoing challenges related to production issues, battery supply chain constraints, and potential safety concerns surrounding its Autopilot technology. These factors can lead to stock price volatility and production delays. Beyond the Headlines: Look at the Fundamentals Making a sound investment decision requires looking beyond just the latest headlines. Here are some key metrics to consider for Tesla: • Valuation: Tesla currently trades at a high valuation compared to traditional automakers. This implies that the market has already priced in a lot of future growth potential. • Overall Market Conditions: The broader stock market can significantly impact Tesla's share price. Investors should be aware of potential economic downturns that could affect growth stocks like Tesla disproportionately. The Verdict: A Calculated Approach, Not a Blind Leap China's approval for Tesla's driver-assistance system is undoubtedly positive news. However, it's just one piece of the puzzle. Investors considering a long position on Tesla should conduct thorough research, understand the inherent risks involved, and carefully evaluate their risk tolerance. A diversified portfolio with exposure to other EV players and established automakers might be a prudent strategy. Tesla is a company with immense potential, but its future success is not guaranteed. A well-informed and measured approach is crucial before taking a long position on TSLA.
NASDAQ:TSLA
by bryandowningqln