10% Gain Predicted on TESLAWe have reached equality of potential iii vs. i and we are close to the 61.8% retracement of the previous downmove. As we could still fall back lower I am considering closing my longs that I originally opened when I first shared my previous forecast on TSLA(find the link attached)
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Trade safe.
Tslalong
Tesla: Low in Place?I have been anticipating this pullback for a while now. Looking upside confirmation, even if we already have some interesting signals that could identify the resumption of the uptrend.
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Trade safe!
TESLA An opportunity to buyHi, according to my analysis of Tesla stock, there is a great long-term investment opportunity. Especially with a downward channel break. With a very green positive candle on the daily timeframe. outside the parallel channel. good luck for everbody .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
Tesla -> Two Bullish Scenarios Now!Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Tesla💪
After Tesla stock retested the last strong support zone for bulls, the 0.786 fibonacci level at the $100 level, the recent pump over the past couple of months of more than 100% was no surprise at all.
With Tesla stock retesting the 0.382 weekly fibonacci retracement level we could already see a weekly bullish rejection away towards the upside from here.
However I am still waiting for bullish confirmation at the currect $245 support level - if we drop below the zone then I do expect a rejection at the next support which is sitting around the $215 level.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
Tesla (TSLA) | Approaching a Strong Support Level!Hi,
The well-known Tesla (TSLA)
Just in case I have to "reveal" my next buying zone in time because the pullback has started and it can be quite aggressive. Preparing is the key, and let's prepare then ;) The last idea TP levels reached perfectly, ~$300...
To the point, my eyes are pointed around $180 to $215 and the criteria are:
1. The trendline - the trendline has been drawn from the closing prices to remove the noise from the candlestick chart. If you use a candlestick chart then the closing prices are the right way to go if you want to remove the extra noise that wicks can make. Atm this major downward trendline has been broken during June and if the price starts to reach back there to retest it then it acts as a support level, as a buying opportunity for you!
2. Strong horizontal price zone - the middle gray area has been worked as a support and resistance level multiple times. Basically, if the price reaches there then investors "feel" it and something always happens. Hopefully, this time is not an exception and we can see quite a solid reversal from there.
3. The round number $200 - it is solid confirmation to the horizontal area if it matches with the round number and currently there is $200 waiting for us inside the marked area.
4. Minor trendline - the blue trendline, currently drawn from body to body, the third touch should add a bit of strength to the optimal buying zone.
5. EMA party - Moving averages on every timeframe which all should add strength: Weekly 50 and 200 are inside or close to the shown box, and Monthly 50EMA is inside the optimal zone to support the price.
6. Fibonacci retracement 62% , golden ratios, are inside or slightly under the buying zone.
7. The structure - it is mid-term bullish because we have there also a mid-term new higher high (HH) and probably this area around $200 can be a possible new mid-term higher low (HL)
* Considering technical analysis then the optimal buying zone should stay between $180 to $215
* First short-term targets updating on the chat room.
Good luck!
Tesla Cybertruck: A Game-Changing Pickup That Will RevolutionizeAs traders, we are always on the lookout for groundbreaking innovations that have the potential to captivate markets and change the game. Well, my friends, the Cybertruck is precisely that—a game-changer. With its futuristic design, unmatched performance, and remarkable capabilities, this pickup truck is set to revolutionize how we perceive electric vehicles in the truck segment.
You might be wondering, "Will pickup fans actually buy the Tesla Cybertruck?" The answer is a resounding YES! Here's why:
1. Unparalleled Power: The Cybertruck boasts an astonishing towing capacity of up to 14,000 pounds, making it a force to be reckoned with. This electric beast can handle it all, whether hauling heavy equipment or towing a trailer.
2. Impressive Range: Tesla's cutting-edge battery technology ensures the Cybertruck can travel up to 500 miles on a single charge. Say goodbye to range anxiety and hello to endless adventures!
3. Unbreakable Exoskeleton: Built with ultra-hard 30X cold-rolled stainless steel, the Cybertruck is designed to withstand the most challenging conditions. Its exoskeleton offers unparalleled durability, making it a true workhorse that can tackle any challenge head-on.
4. Mind-Blowing Performance: Accelerating from 0 to 60 mph in under 2.9 seconds, the Cybertruck will leave even the fastest sports cars in its dust. This pickup is not just about power; it's also about delivering an exhilarating driving experience.
Here comes the exciting part: I urge you to consider buying more Tesla stock and seize this golden opportunity! With the Cybertruck's imminent release, we can expect a surge in demand and an unprecedented shift towards sustainable transportation. By investing in Tesla, we support a company that is shaping the future and position ourselves at the forefront of a transportation revolution.
Let's join forces and make a bold move together! As traders, we have the power to influence markets and drive change. Don't miss out on this chance to be part of something groundbreaking.
To learn more about the Tesla Cybertruck and explore the remarkable range of products offered by Tesla, visit their official website or reach out to your dedicated Tesla representative. Embrace the future; embrace the Cybertruck!
Thank you for your time, and let's embark on this electrifying journey together!
4HR: $TSLA - Bullish Divergence; ContinuationTSLA!
Looking very promising, as momentum is turning positive ie. Class A bullish divergence on the RSI on the 4HR. Local swing high to swing low has retraced to the .786, which is the golden fib if one is looking for a potential reversal to the upside. This along with the beautiful bullish cypher paired with bullish divergence, checks all the boxes for continuation.
Cyaaaaa
TSLA setting up a long tradeTSLA on the 2H chart has been trending up since the earnings in April with minor
corrections along the way including this past week after favorable earnings.
The news of the massive pre-orders of Cybertruck has permeated the trader
and investor community that follows TSLA. On the chart, TSLA broke down
the anchored VWAP bands to settle on the support of the first standard
deviation above the mean VWAP. On the MACD indicator, the lines have crossed
while under the histogram which changed from red negative to green positive.
On the dual time frame RSI both the lower (blue) and higher ( black) are now
showing bullish divergence as the blue line has inflected its descent and
crossed above the black line. I am expecting a swing trade of 2-4 weeks
which could also be entered with a call option striking close to the target.
Overall, I see a long trade here with a stop loss under the VWAP band at 255
and the target at 295 just below the next higher VWAP band. This is about
a profit of $35 for a risk of $5 and so a very acceptable ratio. I will zoom down
to a 15-30 minute time frame to accurately select and entry from a pivot low.
Tesla -> Bullish Or Bearish?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Tesla 💪
After Tesla stock retested the last strong support zone for bulls, the 0.786 fibonacci level at the $100 level, the recent pump over the past couple of months of more than 100% was no surprise at all.
Weekly market structure on Telsa is currently a little bit overextended so we could certainly see a retest of the 0.382 fibonacci retracement level which is sitting roughly at $245.
With the recent drop on Tesla after earnings we could certianly see some more bearish pressure and I would love to see a retest of the previous daily support at $245 and then from there I eventually do expect the creation of a new all time high.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
TSLA Entry, Volume, Target, StopEntry: with price above 299.29
Volume: with volume greater than 142M
Target: 319.64 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 299.30, 289.12 gets you 2/1 Reward to Risk Ratio.
This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
The Two Reasons I Might Go Long On TeslaOn the weekly timeframe for NASDAQ:TSLA , I noticed two things immediately.
- A candle closed above the downwards trendline indicating strength in buyers
- NASDAQ:TSLA recently bounced off of a Fair Value Gap (FVG)
Given these two reasons, I am bullish on NASDAQ:TSLA as of now.
Stop Loss / Take Profits
Stop loss:
The stop loss of this trade is set at a close below the low of the candle that bounced off of the FVG. A close below the FVG would signify that the bounce was fake, and there is still more downside.
Take Profits:
All of these take profits are set at levels that were recent highs.
My plan would be to scale out half of my position at TP1, 1/2 of the remaining position at TP2, and fully out at TP3
Let me know what you think of this trade!
Tesla -> The Strongest Stock Of AllHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Tesla💪
After Tesla stock retested the last strong support zone for bulls, the 0.786 fibonacci level at the $100 level, the recent pump over the past couple of months of more than 100% was no surprise at all.
On the weekly timeframe you can see that Tesla stock is still in an overall strong bullish market, there is resistance coming in at the $320 level but until then there is no reason why Tesla stock should start a correction.
Looking at the daily timeframe you can see that Tesla stock is once again creating a new swing high and there was no bearish rejection at the previous resistance at all - therefore I simply do expect another rally of 15% towards the upside to retest the weekly resistance at the $320 zone.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
Tesla's 2000 Cybertruck Production Underway!As you may already know, Tesla has officially commenced the production of 2000 Cybertrucks this year, and we believe this development presents a unique opportunity for traders like yourself.
Tesla has consistently demonstrated its ability to disrupt the automotive industry, and the Cybertruck is no exception. With its futuristic design, cutting-edge features, and impressive performance capabilities, the Cybertruck has garnered immense attention and anticipation from consumers worldwide.
Given Tesla's track record of delivering groundbreaking products, we believe that the production of 2000 Cybertrucks this year will undoubtedly significantly impact the market. As traders, it is essential to stay ahead of the curve and seize opportunities that arise from such developments.
Hence, we encourage you to consider placing Tesla market orders, considering the potential impact of the Cybertruck production. However, we advise approaching this opportunity cautiously, as any investment involves inherent risks. Conducting thorough research, analyzing market trends, and consulting with financial advisors is crucial to making informed trading decisions.
Tesla's market orders for the Cybertruck are expected to surge in demand, especially with the growing interest from individual consumers and commercial buyers. By placing market orders, you can benefit from the potential rise in Tesla's stock value, which has historically responded positively to significant product launches.
To capitalize on this opportunity, I recommend visiting Tesla's official website or contacting your trusted brokerage firm to place your Tesla market orders. Remember to evaluate your investment strategy and risk tolerance before trading carefully.
As always, staying updated with the latest news and developments surrounding Tesla and the automotive industry is essential. By closely monitoring market trends and emerging technologies, you can make informed decisions that align with your trading goals.
Tesla -> EV Market On FireHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Tesla 💪
After Tesla stock retested the last strong support zone for bulls, the 0.786 fibonacci level at the $100 level, the recent pump over the past couple of weeks was no surprise at all.
On the weekly timeframe you can see that Tesla stock is currently retesting previous weekly structure and since Tesla is a little bit overextended we could see a short term drop from here.
However by looking at the daily timeframe you can also see that Tesla stock is not slowing down at all so not all three timeframes are pointing towards more growth yet so I am waiting for a daily and weekly break above the current resistance level and then I do expect more bullish upside.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset: