Tslalong
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.
TSLA ANALYSIS After taken liquidity of the buy side and change of character we will see a increase of the price to fill this Gap
- Trading is probability control your risk management
Good Luck !
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!
TSLA: Good luck shorts, heading to $500-700TSLA with a very bullish setup. Clean 5 waves up and 3 waves down. Broke through the resistance curve and successfully retested. Fib extensions point to $520-700. Shorts will cry.
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 MOTORSWe might see 341$ at key resistance,.
This idea is for liquidity grab on equal highs before.
This is not a financial advice.
Im looking on data chart only, other strategies like watching the earnings is not my concern. This idea is base on charts and volumes.
Follow for more.
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:
Tesla: The Only Foreign Automaker Committed to China's CompetitiI am excited to share that Tesla, the renowned electric vehicle manufacturer, has become the only foreign automaker to sign China's competitive pledge. This remarkable commitment showcases Tesla's dedication to the Chinese market and its determination to lead the sustainable transportation revolution in the region.
China, the world's largest automotive market, presents immense potential for growth and innovation. By signing this pledge, Tesla has positioned itself as a unique automaker in China, setting it apart from its competitors. This move solidifies Tesla's presence in the Chinese market and reinforces its commitment to fostering healthy competition and driving the industry forward.
As savvy investors, we must identify companies with a competitive edge, especially in emerging markets like China. Tesla's decision to sign this pledge highlights its strategic vision and ability to adapt to local market dynamics, which bodes well for its long-term success.
I encourage you to take a closer look at Tesla's operations in China as they continue to expand its manufacturing capabilities and strengthen its foothold in the region. By doing so, you will gain valuable insights into the company's growth potential and ability to capitalize on the immense opportunities presented by the Chinese market.
As with any investment, thorough research and analysis are essential. I recommend exploring Tesla's recent achievements, such as the impressive sales figures and the positive reception of their locally produced Model 3 in China. These milestones validate Tesla's commitment to the Chinese market and provide a glimpse into the company's future prospects.
In conclusion, Tesla's status as the only foreign automaker to sign China's competitive pledge is a significant milestone that sets them apart. Their unwavering dedication to the Chinese market positions them as a unique player in the industry, making them an intriguing investment opportunity.
I encourage you to delve deeper into Tesla's operations in China and assess its potential impact on its growth trajectory. We can make well-informed investment decisions that align with our goals and aspirations by staying informed and proactive.
Thank you for your time, and I wish you continued success in your investment journey.
$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.
Tesla Megaphone Looking for tesla to continue an uptrend for the next days. I Have a megaphone that is in play. targets marked. #tesla NASDAQ:TSLA
$TSLA - $385 Short Term Technical PT for Tesla StockAfter breaking out of a massive bull flag, the recent rise is projected to hit a short term technical PT of $385. Remember, length of the Bull Flag pole = Project rise.
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
Long TeslaThe rush for openAI chips and recent Musk`s trip to China could open up the possibilities for TSLA.
And the demand for stock is picking up, it just double crossed the 200MA. One should expect another 20% from the current level. Protect your position and size accordingly.
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.
