$TSLA - The ONLY CHART you need to know for the long term!Monthly chart is everything long term. TSLA has finally forked off its previous rising channel since IPO. Now, it has created a new channel. This is extremely bullish since it is just the start! Squeeze mod and MACD is also curling to a bullish long term run.
Tslalong
TSLA SMA Cross Signals Growth Opportunities - Time to Invest!Exciting News! TSLA SMA Cross Signals Growth Opportunities - Time to Invest!
As a fellow Tesla enthusiast, I couldn't wait to share the latest developments. Brace yourself for profound positivity because Tesla's future is brighter than ever!
You might have heard about Tesla's exceptional performance recently, but let me clarify the specifics. Tesla has been ramping up its production, delivering more cars than ever, and exceeding expectations. This remarkable growth has caught the attention of many investors, and rightly so!
Now, here's where it gets even more enjoyable. As Tesla continues to deliver more cars and increase its production capacity, we can expect a significant technical indicator to come into play - the TSLA Simple Moving Average (SMA) cross. For those unfamiliar with this term, it's a powerful tool to identify potential shifts in the stock's momentum.
With Tesla's expanding production, the TSLA SMA cross will likely signal an upward stock value trend. This means now is an opportune time to consider investing in TSLA stock. By taking advantage of this growth opportunity, you could be part of Tesla's remarkable journey toward a sustainable future while reaping the benefits of a potentially profitable investment.
So, my dear TSLA fan, I encourage you to seize this moment and seriously consider investing in TSLA stock. With Tesla's unwavering commitment to innovation, sustainability, and pushing the boundaries of what's possible, the potential for long-term gains is genuinely remarkable. Don't just be a fan; become an investor and be a part of Tesla's incredible success story!
If you need help getting started or need further information, please comment.
Wishing you an electrifying future with Tesla,
Tesla -> What About This?Hello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Tesla stock perfectly retested and already started to reject a major previous weekly structure area roughly at the $260 level.
You can also see that Tesla didn't retrace all the way back to the 0.382 fibonacci retracement level which is always the first strong support level after the recent massive pump so there could be a chance that we will see another short dip and then even more bullish continuation.
On the daily timeframe you can also see that Tesla just created bearish market structure by breaking the previous low towards the downside, however Tesla stock is still looking strong so I am also waiting for a short term daily drop before I do expect another bullish impulse leg.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Should you buy more TSLA with these big export numbers to CanadaChina-made Tesla Y has recently exported 6214 cars to Canada. This is a significant milestone for Tesla, and we couldn't be more excited about it.
The Tesla Y is a fantastic car for anyone looking for a luxurious and eco-friendly vehicle. Its sleek design and advanced features can turn heads wherever you go.
As a Tesla trader, I encourage you to consider buying TSLA. Tesla is an innovative company leading the charge in the electric vehicle industry. With its commitment to sustainability and cutting-edge technology, Tesla is the perfect investment for anyone who wants to positively impact the environment while also enjoying the benefits of a high-performance car.
bnnbloomberg.ca/china-s-ev-exports-to-canada-soar-as-tesla-starts-to-deliver-1.1936937
TSLA Swing Trading PlanWhile trading off a 2H chart, I have marked pivots with vertical lines. Pivot points are also
supported by findings on the three indicators- the price-volume trend, the stochastic RSI
and the normalized MACD. The trade plan is quite simple. Upon a pivot low I will buy 3 shares.
The actual entry will be made more precisely on the 15 minute chart. Upon a pivot high, I
will sell one share to realize that profit. Likewise, the actual exit will be made more precisely
on a 15-minute chart. This more or less is a modification of a zig-zag type strategy. Staying on a
2H chart will avoid chasing minor trends and allow trend following of the super trend. In doing
so , the trades will be less frequent but will better accuracy and perhaps better gain. For
risk management. I will not buy any shares when there is any risk in the trade at all or any
of the indicators are even remotely suggestive of bearish divergence or overall trading
volume day on day seems to be decreasing.
TSLA close analysis 6/21/2023Is this the end? Nah I don't think so. Not yet anyway. A bold prediction drawn in black. Sweep the lows, then shoot up after finding some buyers. But SPY also needs to hold and SPY sure looks alarming.
Today was nothing but selling for TSLA though so bulls need to show some life early tomorrow and get that momentum going back up. Otherwise, that gap void at the 240 zone is going to be a magnet for price action. Zoomed out, I still really like the dashed trend line for support as well.
Trade plan: Stick with longs unless 255 breaks, then I'd switch to scalping short. Look out if the bottom drops on SPY like it's threatening.
TSLA bullish outlookMy previous TSLA idea (see related ideas) was bearish and TSLA went down ~16% (over 20% based on yesterday's close, I expected market to be up today, see related SPY idea). My TSLA idea before that (again, see related ideas) was bullish and TSLA went up 54%. Now TSLA looks bullish again based on pitchfork analysis, particularly on weekly chart.
Rivian Joins Tesla's Charging Network - A Major Milestone!I am thrilled to share some exciting news that will impact the electric vehicle industry. Rivian, the electric vehicle startup recently made headlines for its highly-anticipated R1T electric pickup truck, has joined Tesla's charging network. This is a significant milestone for the industry and a clear indication that Tesla's technology is inching closer to becoming the industry standard.
As you know, Tesla has been leading the charge in the electric vehicle market with its innovative technology and forward-thinking approach. Its charging network, the largest in the world, has been a major factor in its success. With Rivian now joining the network, it is clear that other automakers are recognizing this infrastructure's importance and looking to follow in Tesla's footsteps.
This news is significant not only for the electric vehicle industry but also for traders like you. It indicates that Tesla's dominance in the market is not going away anytime soon. As more and more automakers adopt Tesla's technology and infrastructure, it will only strengthen its position in the market.
So, if you haven't considered trading Tesla, now is the time. With this latest development, it is clear that Tesla is still the leader in the electric vehicle market, and its stock will continue to rise.
Tesla -> The Sky Is The LimitHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Tesla stock recently perfectly broke above a longer term bearish trendline in confluence with support at the $160 level and then created a rally of 40% towards the upside.
You can also see that from a weekly perspective Tesla stock is currently testing a major weekly structure zone which could now act as resistance exactly at the $270 level so I am now just waiting for a minor pullback before I will then look for the continuation towards the upside.
On the daily timeframe however you can see that Tesla is far from creating bearish market structure, there is no sign of weakness at the moment so I am just waiting for Tesla to slow down at the current leve and then I do expect a minor pullback towards the downside before the longer term bullish continuation.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Is TSLA overbought and ready for a retracement?TSLA has run up over 100% this year in two separate waves. Some traders based on the
the magnitude of the current wave say it is overbought? But is it or are they just trying to
rationalize a short trade at what they think is the top? Are Jim Cramer and Kathie Wood wrong?
On the daily chart of TSLA, I have added a long term volume profile, an anchored VWAP
with lines for the mean and = /1 two standard deviations. I have drawn two zones of
horizontal resistance based on pivots in the past couple of years. Zero-lag MACD and RSI
indicators are added as well. I make the following points:
(1) Price is above the high volume area of the profile but not significantly so.
(2) Price is below the resistance zones and TSLA may have enough momentum to break through them without hesitation.
(3) Price has crossed over the mean anchored VWAP but has a long way to go before it ascends
to the second standard deviation where institutional traders may be prone to take short
positions ( overbought)
(4) The MACD indicator shows K/D lines in parallel and ascending above the histogram. With no lag to contend with a cross of the lines would be an early indication of an overbought condition.
Bearish divergence would suggest TSLA is overbought but there is none.
(5) The better RSI indicator shows the value rising from 40 to 70 in the current uptrend. A rise over 80 and then a drop to show bearish divergence would be an indication of an overbought condition. This has not occurred.
Based on all of this, I can easily conclude that TSLA is not overbought. Any traders who
say it is overbought may be simply trying to discourage further buying. I suppose that they might do so because they are in a short position that is now essentially self-liquidating.
If that is the case, their better approach might be to get rid of their position, buy to cover
and help TSLA move higher.
I will continue to try to add to my long position in TSLA when I see daily lows on
the 15 or less-minute time frame. From the overhead resistance, I can appreciate
there is still significant profit potential with TSLA especially since the resistance may
evaporate away letting TSLA bull run its way " blue sky".
TSLA: IS THIS A HEAD AND SHOULDERS?The absolute rip out of TSLA has been a good one. As they say, "what goes up must come down" though too.
If we are in need of a major pullback after this rip up, are we forming a head and shoulder pattern of
sorts? Hard to say but given how violent the move has been, that often is met with an equal and opposite
move and that puts the chart in a precarious position. If the pullback is not too extreme and we form a new
base around $200, then we could be looking for new All Time Highs, on the next move up. I feel that this
would most likely be the case because there is a lot of fundamental news to back up further growth in
TSLA stock. The federal tax credits are big windfall for TSLA and was much needed. Is it enough?
I think the TSLA bull case will require the mastery of hands free driving technology that has been
promised since the beginning and their robotic products to retail and have a positive public reception
of the technology.
$TSLA Pull Back?Yesterday noticed a lot of tickers suggested "Shift in Sentiment", I thought it could be Bullish, but several tickers I checked this morning on the Daily frame chart, suggests pull back is coming. Let us watch how this 5-3 move (Elliott Wave) goes for TSLA, there are similar for some other tickers, but so far this is only indicator out several I am seeing that is bearish. Federal Reserve's position may move the stock market either way.
TSLA tyring to get to blue skyTSLA on the daily chart descended from a triple top Summer '22 into a downturn which
reversed after earnings in late January. Since then with the usual waves of up action and
retracement it has risen into its current range also going through a cup and handle pattern
from early April into late May. On the chart with the volume profile and anchored VWAP
overlaid, price is at the confluence of the POC line and the mean anchored VWAP - over the
past year the highest volume of trading was at about $185. RSLA is now above that
bullish momentum. TSLA short-selling bears are getting destroyed right now. Their buying to sell
is the genesis of a potential short squeeze. The latest trend started after an announcement of
partnership with Ford regarding charging stations. I have drawn onto the chart what I see
as horizontal resistance lines for targets in a trade. Aslo on the chart is a set of zero-lag EMAs
to provide further context. I will take a trade of four additional call options with a strike of
$185- I will close one for each horizontal target reached. I will run the last contract on a
trailing stop loss of 20% while expecting an overall conservative realized take profit of over
300%. The stabilization of macroeconomic headwinds in both the US, Europe and China
will allow significant tailwind to push TSLA higher. One of those tailwinds could be the
imperative that a rising price places on short sellers including a vast array of put options.
Buy now for TSLS or wait for next dip
I am thrilled to share with you that Tesla chargers are gaining more supporters as the company's plug becomes the American standard. This is a significant milestone for Tesla and a clear indication of the company's commitment to providing sustainable transportation solutions.
Currently, the $210 level is acting as a support level, as it did on Friday and again on Monday. It's important to keep an eye on this level.
However, if the stock manages to break through this level, it's crucial to pay attention to the $258 mark. This level not only represents the 161.8% extension of the recent range but also the 50% retracement of Tesla's bear-market correction.
In short, it's essential to exercise caution when it comes to Tesla stock in the short term. It may be wise to look for opportunities to buy the dip.
Tesla -> Not Slowing DownHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Tesla stock is currently breaking a bunch of resistance towards the upside, showing very strong bullish buying pressure overall.
You can also see that Tesla is approaching resistance at the $270 from which we could see a short term rejection towards the downside considering that over the past couple of weeks, Tesla stock rallied roughly 70% towards the upside.
On the daily timeframe you can see that market structure and momentum is still massively bullish so there is no reason to short Tesla now, I am personally waiting for a retest of the $230 level before I then do expect another bullish rally from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Tesla is going higher?Tesla is going higher? Three Outside Up/Down Bullish Reversal candle stick pattern detected. Several indicators and my scripts suggest, that NASDAQ:TSLA could go another 5% up next week, say $256 soon.
*Disclaimer*
The information is purely for *entertainment* purposes, and is not meant to be, and does not constitute, financial, investment, trading, or other types of advice or recommendations. Do Your Own Due Diligence (DYODD)
GM Ford commit Tesla EV charging network so new standard setGM and Ford joined Tesla's EV charging network, bringing us closer to a US industry standard. This collaboration is a significant milestone for the EV industry, marking a new era of cooperation and innovation.
By joining Tesla's network, GM and Ford are committed to providing their customers with the best possible charging experience. This move will make charging more accessible and convenient for EV drivers and help reduce range anxiety, a significant barrier to EV adoption.
As a trader, you can invest in Tesla, a company leading the way in the EV industry. Tesla's innovative technology and visionary leadership have made them a force to be reckoned with, and their commitment to sustainability and clean energy make them a great investment choice.
I encourage you to consider investing in Tesla and join the movement toward a more sustainable future. With the support of industry leaders like GM and Ford, Tesla is poised to continue its growth and success in the years to come.
Thank you for your time, and I look forward to your comments on this exciting development
TSLA Upwards Channel - Possible LongNASDAQ:TSLA has been creating a strong upwards channel in which it is breaking out of the flag which was shown in the linked idea. If it does break out of this channel in the upwards direction (the current price to break out of would be around $208.17), then it may have around a 7% push upwards to a new smaller target of around $221.78.
TSLA hit 7 Month as Good Times RollHave you heard the news? Tesla Rides Tech Rally to 7-Month High as Good News Piles Up! It's almost as if Elon Musk has a secret stash of good news that he's been saving up for a rainy day. Well, it looks like that rainy day has finally arrived, and Tesla is soaking up all the good news like a sponge.
As a Tesla investor, I'm sure you're already aware of this company's incredible potential. From cutting-edge electric vehicles to revolutionary solar technology, Tesla is leading the race toward a sustainable future. And with the recent surge in the tech market, it's clear that investors are starting to take notice.
So, here's my call to action for you: if you haven't already, consider investing in Tesla. With all the positive momentum behind the company, there's never been a better time to jump on board. Sure, there may be some bumps in the road ahead, but with Tesla's innovative spirit and unwavering commitment to sustainability, I do not doubt that this company will continue to thrive.
So, what do you say? Are you ready to join the Tesla revolution? Let's ride this tech rally to the top!
Bullish reversal with simple Support Resistance TSLA is slowly creeping up back to its previous ways of making HH and HL
If we stick to simple technical analysis of HH HL and Support Resistance
Then its very simple
The strong resistance of 215-217 has been broken finally and now the next resistance is 235
It will probably retest 215 to 217 or might even re-test 209 support levels
But next stop is 230-235
Breaking through 235 it will enter the FIB golden pocket that will confirm the full bullish reversal of the previous HIGH that is 300+
Entry @ 217+
SL @ 205
TP1 @ 230
TP2 @ 235
TP3 @250
TP4@260
TP5@300