TSLA trade ideas
Don't sell a single Tesla share until...Don't sell a single Tesla share until...
In this video analysis, we will go over:
1⃣ My #HIGHFIVESETUP
2⃣ Where Tesla is going after this epic move higher
3⃣ Trade ideas, including Entry/Exit/PT's
4⃣ When you should sell
NFA
TSLA: Expecting A Major PullbackTSLA has shot up tremendously over the last week, but I feel the parade is over (for now). Expecting a retrace to 307, then 275 (severe case: 249), before continuing back up to possibly 382 and 411.
TESLA bounced right where it was supposed to! NASDAQ:TSLA bounced right where it was supposed to!
Tesla has had resistance turned support turned back to resistance dating back to 2021 on the chart, as seen by the white circles. It has broken the $300 level for the second time in the past three or so years. Now that it's broken, it has pulled back to the 9ema on the weekly chart, and the area that was once resistance has turned...you guessed it... SUPPORT. See you at $400 plus!
-HighFiveSetup is still intact with massive measured moves higher from our 1 and 3-year inverse H&S patterns.
-Tesla is up over 3% on a day, and the market is pulling back, which shows even more bullishness.
NFA
TSLA AFTER TRUMP WIN!Hello my friends,
As you can see in the chart, we have two possibilities.
The first one is to go directly into buying.
But if this possibility fails, the second possibility will be highly successful.
TRUMP VICTORY LEADS TESLA STOCK TO THE HIGHS... WHERE TO NOW??Elon Musk has been the key pillar of President Trumps campaign, now that the outcome is clear investors should see an end to federal law fare against Musk's from X and Neuralink and TESLA INC. Expected tariffs against China should give Tesla ample room to prepare its next lineup of affordable EVS such as Model 2, without having to resort to aggressive profit cutting.
If Tesla materializes its robotaxi served by robustly implementing FSD,TSLA stock price could turn out to be at ban extreme discount at present so keep buying in as these factors are yet to be priced in. The company crossed the $1tn valuation for the first time in more than 2 years.
TECHNICAL:
on the weekly time framed we are faced with short end w pattern with the resistance of 385 this is the area we may see it retest/ reverse back to the neckline /support of 266-250 then from here it can continue going up again. this is also trending in a bullish pennant signalling major bullish signs.
Tesla Analysis and TargetI have analyzed and used the wave and trend. I have also applied Gann technique and projected this target in one hour.
Ready !!! $366 is my next target - the shorting does not have legs in my Strong Financial Performance
Tesla's Q3 2024 results have significantly boosted investor confidence. The company reported:
A 17% increase in net income to $2.17 billion
Adjusted earnings of $0.72 per share, up from the previous year
Record free cash flow of $2.7 billion and peak operating cash flow of $6.3 billion1
These figures demonstrate Tesla's robust financial health and operational efficiency.
Market Valuation Surge
Tesla's stock has experienced a remarkable rally:
Shares have soared nearly 20% since the Q3 report in late October
The company's market capitalization has surpassed $1.1 trillion
Tesla's value now exceeds the combined market cap of Ford, GM, and Stellantis23
This surge reflects strong market confidence in Tesla's future prospects.
Product and Technology Advancements
Tesla continues to innovate and expand its product line:
Successful launch and production ramp-up of the Cybertruck
75% increase in AI compute training, enhancing Full Self-Driving (FSD) capabilities
Over 2 billion miles driven with supervised FSD, generating $326 million in revenue1
Anticipated launch of a sub-$30,000 vehicle in the near future5
These developments position Tesla at the forefront of the EV and autonomous driving markets.
Growth Projections
Analysts and Tesla management are optimistic about future growth:
Elon Musk projects vehicle growth between 20% and 30% for 2025
Earnings estimates for fiscal 2024 have climbed 8% in the past month
FY25 earnings projections have risen by 4%1
Strategic Opportunities
Tesla's potential extends beyond traditional automotive manufacturing:
Promising prospects in robotaxi services and humanoid robotics
Continued benefits from regulatory credits, supporting profit margins
Rapid growth in the energy storage sector, with revenue up 52% in Q312
Favorable Political Landscape
The current political environment may benefit Tesla:
Potential for reduced regulatory hurdles in autonomous and AI technologies
Possible positive impact on US-China relations, given Tesla's significant presence in the Chinese EV market23
In conclusion, Tesla's bullish outlook is underpinned by strong financial performance, technological advancements, and favorable market conditions. With its diversified business model and innovative approach, Tesla appears well-positioned for continued growth and market leadership in the coming years.opinion.
TSLA on the Edge: Will the Downtrend Continue or Is a Rebound CoKey Observations
Downward Channel:
TSLA is currently trading in a downward channel with lower highs and lower lows, indicating a continuation of bearish sentiment in the short term.
The trendline from the previous highs aligns with recent resistance levels, suggesting that TSLA needs a breakout above this line to shift the trend.
Support and Resistance Levels:
Immediate Support: Around $307 where TSLA is currently trading. This level has been tested multiple times, and if it breaks, it could lead to further downside.
Next Support Level: $294, a level that could act as the next target if selling pressure continues.
Resistance Levels: Key resistance levels are around $321.54 and $344.67. These levels could act as targets if TSLA begins to reverse or show strength.
Moving Averages:
The price is below both the 9 EMA and 21 EMA on the 1-hour chart, reinforcing the bearish sentiment.
For any short-term bullish momentum, TSLA would need to reclaim the 9 EMA, followed by a successful test above the 21 EMA.
Volume and MACD:
Volume appears steady but not notably high, which can suggest that the current downtrend may not have strong momentum.
The MACD indicator is trending down, supporting the bearish outlook, though it may be approaching oversold conditions. A bullish crossover on the MACD would signal potential momentum reversal.
Short-Term Prediction
Bearish Scenario:
If TSLA breaks below the $307 support, it’s likely to move toward the next support at $294.
A continued downtrend could see TSLA eventually testing lower levels, such as $249.
Bullish Reversal Potential:
If TSLA finds support at $307 and shows signs of recovery, a breakout above $321 with volume could indicate a potential trend reversal.
In this case, the next target would be around $344.67, though it would need strong bullish momentum to reach this level.
Summary
Bearish Bias: Currently, TSLA has a bearish bias and could break lower if it doesn’t hold $307.
Bullish Potential: A break and hold above $321 with volume would be needed to signal a reversal to the upside.
It’s advisable to watch how TSLA behaves around the $307 level to determine whether it can hold as support or if further downside is likely.
SasanSeifi| Can It Hit the $300 Zone?Hey there, ✌ Examining the 4-day chart for NASDAQ:TSLA , we can see a slight upward movement from the $140 price range. After multiple attempts to break above, the price encountered resistance around $265, resulting in a negative reaction and subsequent correction. Currently, the price hovers around the $248 level. My medium- and long-term outlook remains bullish, with an expectation that the price could rise toward the $300 supply zone and reach targets between $320 and $350.
One possible scenario is that, after a consolidation phase, if Tesla holds within the critical support range of $230 to $200, it could see significant growth toward the mentioned targets. Preserving these key support levels is crucial. However, if the price breaks below the $200 level and consolidates there, this scenario would lose validity, possibly leading to further correction.
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
TSLA RetracementAS per the FIB levels drawn from recent swing low to highs
It looks like we can expect a bounce back from the following levels
313 , 300 and then 270
Although 330 is also a consideration but 313 and 300 are very strong candidates . This bounce back will mean the next stop should be 400+
TSLA pullback playIt's been a while since I've shared an idea, but here I am bored on a Friday, a day I seldom trade, and thought I'd share an analysis for a TSLA pullback.
TSLA has been one of the hottest stocks but it's my analysis that it's overbought. While it's Bullish overall, in my view it needs to cool off before further upside.
This is strictly an idea, no guarantee that it will playout.
Happy Trading!
Tesla has a Cup&Handle target of 500 dollarsHello Tradingview people!
Before i explain my idea... I just want to make it clear this is an idea and nothing more! if NASDAQ:TSLA doesn't do this specific pattern I'm showcasing, then don't come crying to me (Do your own research before investing)
Alright it's fairly simple as you can see.. Tesla is atm making a classic "Cup and handle" pattern that's famous in the TA world! This certain pattern (on my chart at least) has a target of 450-550 dollars.
Could this fail? Of course.. Some say a "cup and handle" pattern has a success rate of 95% but some other sources shows around the 70% mark (so I guess 70-95% chance)
I will update this post in the near future to see if its still "working" or if Tesla has completely dumped to hell and destroyed our "cup" - we shall see.
Please leave a friendly comment and share your opinion down below! (ty)
NFA DYOR <<<----
Tesla - What's Next?Tesla's had a good Run but all good things must come to an end. This is my quick analysis and though I don't expect a fast and sudden drop I do expect a more significant pullback. In fact it would not surprise me if in the short run Tesla even see's a couple of downgrades. Notice the candles and the heavy black line 7 day EMA; the stock generally trends somewhat close above and below this line and anytime the candles extend well beyond it they get pulled back almost as in keeping with Bollinger Bands. BTW I often use the 7 day EMA coupled with the 10 day SMA (heavy green line) as my triggers to buy and sell. This can work well on multiple time frames particularly when a stock begins trending and reviewing it on a 3 minute time frame with a Hard Cross of the 7 day above or below the 10 and you have a Winning Day Trade Signal. (This will also work for BTC.)
TSLA SHORT PLAY why I’m so bearish NASDAQ:TSLA will probably look short because the chart shows 30m closed under under the 200 along with a 4 hr push down and cross below the 30sma also hourly is also gett8 g nasty top out wicks which makes me even more bearish
TSLA: bullish now or bullish later?TSLA right now looks pretty bullish, but the flip side is not totally gone.
Bullish count (in purple): Assumes intermediate Y wave completed mid-October with a weird looking triangle and now the bullish price action is just the start of the Primary wave 5. So far, we only have a solid 3 waves to get started and the correction should not drop below $273.54. If we see another high above $358.64, specially something above $414.5, then the bull case gets solid.
Bearish count: (in red): Assumes some kind of an ending diagonal for Minor wave C to complete Intermediate degree wave X. If that is the case, then we should see somewhat of a waterfall correction. With long drawn-out W and X waves, Y wave should be extremely violent. We might get a sharp A wave, followed by a small B wave and then a final bloody C wave to get everyone on the bearish side, only to complete the correction as a flat around the last major low around $100 and reverse. Breaking below $300 support will be the first indication and below $270 is almost a guaranteed $150...
RSI: on weekly has a potential bearish divergence between July 2023 high and this week's high. $300 support break will confirm it. But if price moves higher later this week or next week, then the divergence will go away and RSI breaking above 70 will be extremely bullish. After several failed test at 70, when it breaks out, price will go parabolic.
Right now, I am waiting for either scenario to play out. For bullish case, will wait for a lower degree wave 2 correction that follows the current wave 1 if 5 waves structure completes. For bearish case, will see if support breaks. Not going to short, but either case, a long entry sooner or later will be a fairly long-term hold (for 3-5 years). Primary degree wave 5 target is still something beyond $1000, so no rush!
TSLA Approaches Decision Point: Technical Analysis for Nov. 14Tesla (TSLA) is trading in a consolidation phase, forming a symmetrical triangle pattern, which often precedes a breakout. Here’s a detailed look at key supply and demand zones, support/resistance, and trade setups for scalpers and swing traders.
Market Structure Overview:
TSLA’s current structure indicates indecision, with a symmetrical triangle pattern hinting at a potential breakout. The price is compressing within narrowing trendlines, suggesting that a significant move may be on the horizon, especially with increasing volume.
Key Zones:
Demand Zone (Support): $322.46 - $325
This zone has provided strong support during recent pullbacks, marking it as a crucial level for buyers. If TSLA revisits this area and holds, it could be an entry point for a long position.
Supply Zone (Resistance): $344.94 - $345
The $344-$345 range acts as a resistance level in the current structure. A breakout above this range, especially with volume, could indicate a bullish continuation toward the $360 level.
Order Block Insight:
TSLA has an order block around $329-$330, where we’ve seen considerable buying and selling pressure. Price action here will be significant, as it may guide short-term direction, especially for scalpers looking to capitalize on volatility.
Support & Resistance with Entry, Exit, and Stop Suggestions:
Immediate Support: $329
Long Entry: Near $329 if the price shows signs of bouncing, aiming for exits at $335 and $344.
Stop-Loss: Below $327 to manage risk if TSLA breaks lower.
Immediate Resistance: $335
Short Entry: Near $335 if there’s resistance, with targets at $329 and $325.
Stop-Loss: Above $337 to limit potential upside risk.
Swing Trade Setup:
Swing Long: Above $345, with targets at $355 and $360 if momentum sustains.
Stop-Loss: Below $340 to control risk if the breakout fails.
Swing Short: Below $322.46, targeting $315 as the next support level.
Stop-Loss: Above $325 to manage risk if TSLA reverses.
Price Action Insights:
The symmetrical triangle pattern on TSLA’s chart suggests an imminent breakout. Volume has been gradually increasing, indicating potential for a directional move. If the stock breaks above the upper trendline around $335, it could attract bullish interest. Conversely, a breakdown below $329 may lead to a test of the $322 demand zone.
Indicator Analysis (9 EMA & 21 EMA):
TSLA is hovering around both the 9 EMA and 21 EMA, showing a lack of clear momentum in either direction. A cross above the 21 EMA could support a bullish scenario, while a drop below the 9 EMA might lead to increased selling pressure.
Scalping & Swing Outlook:
Scalping: Look for quick entries near $329 for long scalps if there’s support, or around $335 for shorts if resistance holds. Maintain tight stops, as TSLA is likely to show volatility near these key levels.
Swing: A confirmed breakout above $345 could lead to a more extended move, favoring swing longs. Meanwhile, a break below $322 would support a bearish outlook, likely targeting lower levels.
Directional Thoughts & Suggestions:
Given TSLA’s current triangle pattern and volume increase, I’m leaning towards an imminent breakout. My suggestion would be to watch the $335-$345 range closely for a bullish breakout, aiming for a move toward $360. However, if TSLA fails to break resistance and loses $329 support, a bearish move toward $322 or lower becomes probable.
Conclusion:
TSLA’s setup shows a clear potential for a significant move in either direction. Patience and tight stops around key levels will be crucial to managing risk, especially for scalpers. Swing traders should wait for a confirmed breakout or breakdown to increase the likelihood of a successful trade.
Disclaimer: This analysis is for educational purposes only and not financial advice. Please conduct your own research and consult with a financial advisor. Trading involves risks, and past performance does not guarantee future results.
TESLA Analysis And Projected TARGETAnalyzed based on dynamic range with Gann.
stoploss-361 and target is apple.
TESLA could be at 290-310 before you know it (NFA)Hello Tradingview community!
As always: If this pattern I'm showcasing doesn't work as predicted..
then please don't come crying to me (ty) -> NFA DYOR
Alright.. The chart is more than just simple as you can see -
We are in a VERY obvious channel atm on NASDAQ:TSLA
and if it continues playing the "channel game" then
290-310 looks more than likely from my perspective!
Of course if Tesla break down or up those predictions are wrong
and I will update this post then.
This is pretty much just a very short-term idea on Tesla
and we shall see if it worked or not in the end of October
If you want more "long-term" predictions then check out
the attached chart link to this post (showing a Tesla target of 500)
Again DYOR NFA <<<----
TSLA roadmap after Trump Pump: $313 ideal, 285 Strong, 253 MUST Part of my ongoing analysis (see links below).
TSLA pulling back after the Massive Move.
Mapped are key fob confluences to watch.
Many layers of resistance above, be careful.
$ 313.14-314.28 is the Idea bounce point.
$ 283.97-285.82 should be strong support.
$ 253.57 Golden Genesis is a MUST-Hold.
Last plot that caught the Massive Move EXACTLY:
Older Plot that caught the $140 bottom:
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TSLA: Testing Lower Trendline of an Upward Channel 📌 Overview
Tesla Inc. (TSLA) has been trading within a well-defined upward channel on the 1-hour chart. Recently, price action has approached the lower boundary of this channel, indicating potential support. The 9 EMA and 21 EMA are providing insights into short-term momentum, and the MACD is reflecting possible bearish sentiment. Let’s analyze the critical levels, indicators, and potential trade setups.
📊 Current Trend on the 1-Hour Chart
The chart displays a strong upward channel, with Tesla making higher highs and higher lows. However, recent price action shows that TSLA is testing the lower boundary of this channel, suggesting a possible pullback or bounce.
Short-term momentum appears to be waning, as indicated by the declining price near the channel’s lower trendline.
📉 Key Levels
Resistance Levels:
$362.80: This is the highest recent peak on the chart, marking a strong resistance. If TSLA regains bullish momentum, this level could be tested as a potential target.
$325.30 - $325.25: The current ask and bid levels indicate near-term resistance. Price will need to surpass this zone to regain upward momentum and move toward higher resistance.
Support Levels:
$294.13: A significant support level on the chart and a potential target if TSLA breaks below the channel’s lower trendline.
Lower Channel Trendline: The current lower boundary of the channel acts as dynamic support. If this trendline holds, we may see a bounce back towards the upper trendline.
🔄 Indicators
9 EMA and 21 EMA:
The 9 EMA (shorter-term) is currently below the 21 EMA, indicating short-term bearish momentum. If the 9 EMA crosses back above the 21 EMA, it would signal a potential bullish reversal.
Both EMAs are also acting as near-term resistance. A break above these could indicate a bullish shift within the channel.
MACD:
The MACD shows a bearish crossover, with the histogram in the red. This suggests that downward momentum may continue unless TSLA finds support at the lower trendline.
Volume:
Volume has been decreasing, reflecting the consolidation within the channel. A breakout or breakdown accompanied by a volume spike will confirm the next major move.
🛠 Trade Setup
Bullish Scenario:
A bounce off the lower channel trendline, combined with a cross of the 9 EMA above the 21 EMA, could indicate a bullish move. In this case, a potential target would be the resistance around $325, with further upside possible toward $362.80.
Bearish Scenario:
A breakdown below the lower channel trendline, supported by increased volume, would invalidate the channel pattern and suggest further downside. Potential targets in this scenario would be $294.13 and possibly lower if selling pressure persists.
⚠️ Risk Management
Stop-Loss: For a bullish entry, consider a stop-loss just below the lower trendline. For a bearish trade, set a stop-loss above the EMAs or near $325.30 to limit losses if TSLA rebounds.
Position Sizing: Adjust position size based on risk tolerance, as channel breakdowns or breakouts can lead to swift moves.
📚 Key Takeaways
TSLA is in an upward channel on the 1-hour chart, currently testing the lower trendline.
The 9 EMA and 21 EMA are signaling short-term bearishness, and MACD is showing signs of continued downside.
Watch for a bounce off the trendline or a confirmed breakdown for the next trade setup.
💬 Conclusion
Tesla Inc. (TSLA) is at a crucial point within its upward channel, testing the lower boundary with potential for either a bounce or a breakdown. Volume and EMA crossovers will be key to confirming the next directional move, whether it’s back up to the channel’s upper boundary or down to test lower support levels.
Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Please conduct your own research or consult with a financial advisor before making trading decisions.
