TSLA bottom on Weekly chartI am calling a temporary bottom on TSLA stock due to Ichimoku cloud support on the Weekly chart. Ignore the bad news and all the other things going on. Price is everything. Stop losses should be placed below the cloud support. If It keeps going down and I end up being wrong SO BE IT. If it goes up from here then you can thank me later by buying me a coffee with your profits. But no Starbucks coffee please. I don't consider that coffee, more like road tar. Carry on recruits.
TSLA trade ideas
TESLA Stock Chart Fibonacci Analysis 042525Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 260/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
Understanding Market Types in Drummond GeometryThe 5 Market Types:
1️⃣ Congestion Entrance – The market slows down after a trend and starts moving sideways.
2️⃣ Congestion Action – Prices oscillate within a range, with no clear trend direction.
3️⃣ Congestion Exit – The market breaks out of congestion, starting a new trend.
4️⃣ Trending – Prices move in a clear direction, either up or down.
5️⃣ Trend Reversal – A trend suddenly shifts in the opposite direction.
🔥 The 3 Close Rule for Trends
A trend is defined when the PL Dot (a short-term moving average) remains on one side of the close for three consecutive bars. If this happens, the market is in a trend until congestion begins.
📌 Congestion Entrance: The First Sign of a Trend Change
A congestion entrance occurs when the PL Dot switches sides relative to the close. This signals that the market is entering a sideways phase. Until the next trend establishes itself, the market will stay in congestion.
🔹 How to spot it?
If a trend slows down and price closes on the opposite side of the PL Dot, it is the first bar of congestion.
The market remains in congestion until a new 3-close trend forms.
📌 Congestion Action: The Market Moves Sideways
During congestion action, prices move back and forth between support and resistance without breaking out. The PL Dot is often flat, and traders look for signals of continuation or breakout.
🔹 How to trade it?
Identify strong support & resistance levels.
Trade within the range (buy low, sell high).
Watch for signs of congestion exit (breakout).
📌 Congestion Exit: The Breakout Phase 🚀
A congestion exit happens when the market leaves congestion and starts a new trend. This is one of the most profitable trading opportunities.
🔹 How to spot it?
Price breaks above resistance or below support.
The PL Dot starts moving in a clear direction.
The market closes outside the congestion range.
🔹 How to trade it?
Enter after a confirmed breakout.
Use PL Dot & support levels to manage risk.
Pyramid your position if the trend continues strongly.
📌 Trending Market: The Sweet Spot for Traders 📈
Once the market has exited congestion, it enters a trend. This is when traders can ride momentum and maximize gains.
🔹 How to trade a trend?
Enter early & stay in as long as PL Dot supports the move.
Pyramid your position for bigger profits.
Monitor resistance & support to determine exits.
📌 Trend Reversal: Spotting the Shift in Direction 🔄
A trend reversal happens when the market suddenly changes direction. This is confirmed when three consecutive closes appear on the opposite side of the PL Dot.
🔹 How to spot it?
PL Dot pulls back into the range.
Resistance/support levels start breaking.
A major higher timeframe resistance level is hit.
🔹 How to trade it?
Exit your position before the reversal is confirmed.
Look for a new congestion entrance or a trend change signal.
If reversal is confirmed, trade in the new trend direction.
🎯 Key Takeaways for Drummond Traders:
✔️ Know the 5 market types. Each phase requires a different strategy.
✔️ The PL Dot is key. It signals trend strength and potential reversals.
✔️ Congestion action = patience. Wait for clear breakouts before entering trades.
✔️ Ride the trend. The best profits come from early identification of trends.
✔️ Monitor resistance & support. This helps determine potential reversals.
🚀 Master these market types, and you’ll be able to trade with more confidence, better timing, and higher accuracy.
📌 Do you use Drummond Geometry in your trading? Drop a comment below! 👇
TSLA: An alternate (bullish) viewMy primary count on TSLA is still bearish. On my primary view, this move is supposed to be wave Y of Primary wave 4. If that is still in progress, then the current consolidation is only wave b of Y and TSLA should fall back more towards the lows of $100 area. But we cannot ignore the other side altogether. In this alternative view, Primary wave 4 was complete back in Jan 2023 and since then TSLA has been making a gigantic ending diagonal wave5 to complete the cycle wave 3. If that is the case, then we should see some kind of a bottoming pattern to complete wave Y intermediate wave 4 and resume wave 5 upward.
So, how can we prepare for whichever direction things play out? If price to follow the bearish count, price would break below the $214 low and continue on a strong 5 waves C down to complete the correction. If price to take the bullish route, should not create any lower low from $222.79 and ultimately break above $291.85.
TSLA GEX & Price Action Outlook – April 23🧠 GEX Sentiment (Options Flow Insight):
TSLA is showing bullish options sentiment, with the HVL (high-volume level) pinned at 240, acting as short-term support. GEX shows strong call resistance at 260–265, with the highest positive NET GEX wall just below that zone. We also have significant put walls stacked down at 220 and 225, forming a clear risk floor.
* GEX Status: Triple Green ✅✅✅
* IVR: 58.9
* IVx Avg: 106.6
* Flow Bias: CALLS 26.5% — moderately bullish
The options oscillator is still trending upward, giving bulls the upper hand — but not an aggressive breakout just yet.
📊 Price Action & Trade Setup (1H + SMC Analysis):
TSLA just fired an explosive bullish move from the 220s, reclaiming 240 and running up toward 250 into resistance. However, the SMC dashboard suggests “No Trade Suggested” yet. Why?
* The price is now entering a premium zone, where R/R becomes unfavorable
* We have no CHoCH/BOS trigger from this zone yet
* EMA9 and EMA21 have not confirmed a full retest yet
* Strength Meter is bullish but not at full momentum
What to Watch:
* If price can hold above 249–250 and break through 252 with volume → 260+ is possible
* If price stalls or rejects around 252, a pullback to 240–241 could be a high-RR dip entry
* EMA9 and EMA21 are critical — volume reactions there will set up the next clean move
* If volume fades below 240 → be cautious of a rollover into 225–230 demand zone
📌 Summary / Thoughts:
TSLA bulls are reclaiming territory fast — but the move is reactionary and volume-driven. For now, I’m waiting for a confirmation BOS/CHoCH in this premium area before committing. Risk is elevated at these levels. I’d prefer a pullback into the 240 zone with EMA confirmation for a cleaner long setup. If we break and hold above 252, targets toward 260–265 open up fast.
$TSLA in penalty box. Stock remains range bound. After the new administration was elected in Nov 2024, AMEX:TSLY stock had a huge bull run since then. It doubled between Nov 2024 to Dec 2024. Since the stock has sold off heavily and has lost more than 50% of its value. It recently bounced back from the lows of 214 $ which was the 0.785 Fib Retracement level if we plot the Fib levels from its highs to the lows. And then it bounced back lower 254 $ which is the 0.618 Fib Level.
AMEX:TSLY is steadily trading within these 2 Fib levels and seems that it fails to break out of this pattern. The stock seems to build a base between 250 and 214 which can be a good place to accumulate the stock. With Elon distracted by DOGE affairs it seems we are missing any catalyst for this stock. So NASDAQ:TSLA fans can keep on accumulating here and wait for a breakout. But to all my NASDAQ:TSLA fans there are already breaks out in other large caps in progress. Look at $MSFT. More regarding NASDAQ:MSFT in the upcoming blogs
Verdict: NASDAQ:TSLA accumulate between 214 – 250 $ if you need to. Else look for other mega caps.
TSLA LongTSLA Long
Current demand Zone (218) confirmed,
Sell put below next two demand
Long entry 225
no Stop
Target 300
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Tesla Bounce Zone?Tesla has been trading in a sideways range between $220 - $290 for the last several weeks, a sign of what may either be a potential accumulation, or another distribution range which ultimately ends in lower prices.
At the moment, we are at an interesting zone, being the low of the range with earnings coming into effect tomorrow.
Although there is a lot of stipulation behind Elon's current credibility working for Trump, it is clear that the overall market sentiment is at extreme lows for Tesla.
Given this, the earnings tomorrow may be a liquidity catalyst event that may shoot this stock back up into a recovery. Perhaps Elon announces his resignation from Doge, or Tesla earnings surprise, or perhaps Tesla is not affected by tariffs as badly as people may think.
Technically, Tesla is sitting at a key zone being the POC (point of control) also known as the most traded zone of the last 4 years. Should a bounce materialize, it would make sense for it to take place around this price. We are also seeing what may be considered a bullish harmonic playing out during this recent volatility.
Either way, we cant predict, we can only manage our risk. The expected move for tomorrow is + or - 10%. Budget accordingly.
Theory: Tesla Stock is just Nvidia Stock in May 2012In this video, I go over the legit possibility of Tesla stock simply looking exactly like Nvidia did in May 2012, and I compare sentiment and chart patterns that look near identical to put together a picture of what the future potentially holds for Tesla stock
Tesla Braces for Q1 Earnings: Will Q1 Results Trigger a sell-offMounting Delivery Pressure, Global Boycotts, and Revenue Misses Leave Tesla at a Critical Turning Point
Overview
Tesla shareholders are on edge ahead of the automaker's Q1 2025 earnings report, set to be released on Tuesday, April 22. The results will cover financial performance from January 2024 to March 2025, a period already clouded by deteriorating delivery volumes, narrowing margins, and rising geopolitical headwinds.
Despite once being the undisputed leader of the EV revolution, Tesla's recent track record paints a troubling picture. The company has missed revenue expectations in five of the past six quarters, raising questions about its ability to maintain market dominance as competition intensifies and global sentiment turns increasingly hostile.
Tesla's Earnings History – The Pressure Is Mounting
Quarter Reported Revenue EstimateSurprise (%)
Sep 2023 $23.35B $24.19B –3.46%
Dec 2023 $25.17B $25.60B –1.67%
Mar 2024 $21.30B $22.22B –4.14%
Jun 2024 $25.50B $24.52B +3.99%
Sep 2024 $25.18B $25.47B –1.12%
Dec 2024 $25.71B $27.26B –5.69%
The $1.55 billion miss in Q4 2024 was the worst in over a year and may signal a more systemic weakness in demand. With every disappointing print, the pressure on Tesla's valuation grows—and investors know it.
Global Factors at Play: Boycotts and Geopolitical Fallout
Tesla's earnings concerns are not only internal. A growing global boycott, fueled by rising international tensions and political backlash against Elon Musk's affiliations with U.S. defence and surveillance initiatives, threatens to cut deeper into global sales—particularly in key markets like Europe and China.
China, once a growth engine for Tesla, is showing signs of resistance amid tightening regulatory pressure and rising national preference for domestic EV manufacturers like BYD and NIO. Similarly, European sentiment toward Tesla is deteriorating as the company becomes entangled in broader geopolitical narratives surrounding U.S. industrial policy.
Stock Price Structure: A Technical Breakdown
Technically, Tesla's stock has formed a disjointed channel since early April, a structure often interpreted as indecision or quiet accumulation/distribution by institutional players.
Key Resistance: $244 (22-month support-turned-resistance)
Immediate Support Levels: $213 → $194 → $182
Upside Targets if Reclaimed key resistance: $263 and $275
The price closed at $241 ahead of the Easter break, down more than 50% from the December 2024 peak, a staggering reversal for what was once Wall Street's darling.
What to Watch Ahead
Delivery Volumes: Investors will focus on whether Tesla can stabilize global deliveries amid mounting competition and boycotts.
Margin Compression: Rising costs and aggressive price cuts have weighed on gross margins for several quarters.
Outlook and Guidance: Any hint of softness in Q1 guidance could trigger further downside.
Institutional Positioning: Watch for post-earnings volume spikes to reveal if big money is unloading or accumulating.
Final Take
Tesla is teetering on the edge of a critical earnings report. If Tuesday's release disappoints, the stock could break down below $213, opening the door to levels not seen since mid-2024. While a bullish recovery isn't off the table, it hinges on a strong beat and improved forward guidance—neither of which is guaranteed.
TSLA Setting Up for the Next Big Move?🚘Tesla's been cooking up some serious price action — and now it’s getting interesting. After holding above key supports, bulls might be eyeing their next shot. Here’s the plan I’m watching:
📥 Entry zones:
• 240 (aggressive)
• 215 (ideal support zone)
• 195 (deep discount territory)
🎯 Profit targets:
• 265
• 290
• 355+ (if momentum takes off)
TSLA has been showing signs of accumulation — and if buyers step in near 215–195, we could be looking at the early stages of a powerful move. Of course, nothing is guaranteed. The EV space is competitive, and macro volatility can flip the script fast.
🔍 Keep an eye on volume, trend confirmations, and news that could push sentiment one way or the other.
⚠️ Disclaimer: This is not financial advice. Just sharing my personal analysis and trade idea. Always do your own research and manage risk according to your own strategy.
TSLA Elliott wave Analysis 20/4/2025For me, I think that TSLA have already End the Cycle (count from the first day TSLA is IPO).As you can see there is a clear divergence at the wave 5 of the A wave,suggesting that A wave of the corrective wave should be end and ready for the huge B wave that might take a lot of time (Since it is the B wave of the massive wave 2).But there is a change that the wave A that is coming down might be the part of WXY pattern or others pattern so we have to keep an eye on.
TSLA at an inflection pointNASDAQ:TSLA weekly chart shown wirh Mcginley indicator (a trend following indicator) and cycle oscillator. Whilst price currently shows a negative bias, I believe price has reached an inflection point as the market seeks direction. Those waiting to buy the dip should wait patiently for entry opportunities upon confirmation of momentum and volume.
We potentially about to see a HUGE move on TSLAWe broke a SUPER LONG-TERM BEARISH TRENDLINE (blue) on the weekly timeframe.
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We have been RANGING for quite some time...
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TSLA has a personality of explosive, crazy moves
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TSLA builds HUMAN ROBOTS... (SUPER HIGH VALUE in my opinion, the potential for this is astronomical)
What do we actually need for this move to materialize?
We need the market in our favor.
Lets see if the market will push strongly up or bleed down.
Please also note that before explosive move previously that no one believed it would happen, the earnings reports of TSLA were RED the same as now.
ALWAYS MAKE SURE YOU MANAGE YOUR RISK.