TSLA: DOWN before UPShort term turbulence for the month of September. Today was the worst first week of September in a long time. Sign of sentiment to come, in the short term, perhaps?
Happy Friday
TSLAB trade ideas
Everybody is bullish until they’re notLooking at the other side of the coin here. Yes fed is about to slowly drop rates. But where is the economy actually at.
I see this as of now as an abc correction. Housing is more expensive than ever before. Personal debt and national debt has increased dramatically. Seems as though everyone is expecting this big bull run. I see Tesla struggling to get above major trending.
TSLA Breakout Move AheadThis is going to be a move to remember if we see the right setup at the right time. I am looking for our yellow buying continuation to get picked up and for price to start making its way toward the top of yellow and toward our HTF green bullish selling algorithm at the $240 area.
For more context on why I am confident about this move (context for this trade is everything) - watch my recent videos on TSLA explaining the story of the chart.
Happy Trading All :)
PS I know my followers are used to my video analysis and it's way more helpful - but I know that many people on here don't watch videos (which I understand) so I will try and post more ideas like this along with the videos
TSLA cybertruckin' it to $243-$258 price range - 4-5 Elliot WaveNASDAQ:TSLA drawing a 4th to 5th Elliot Wave potentially all the way to the $243-$258 price range
Moving averages consolidating around that area too. I track the 20, 50, 100, and 200, but mostly the 50 and 200 for confirmation, and trendlines, but mostly the Elliot Wave when I see it straight out of Ralph Nelson Elliots playbook..
Invest smart, invest hard.
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NASDAQ:TSLA
NUFF SAIDCup and handle + golden cross RSI BULL DIV?
Green while market is red??? NUFF SAID
all joking aside besides all those indicators and signals showing we are heading up
we have seen a large accomulation period according to the wyckoff method and a reversal pattern
a good effort and finding of support at a higher low, going down is unlikely.
the theoretical target is 361 we can go further or less (measuring cup and handle)
What we need to monitor is RSI bear divs higher highs higher lows big (to not change bias) or distribution reaction at 270 297 361 385 413
Good luck, trade is active for a while now
Why TSLA Could Be Set to Rise: Key News and a Great Entry SetupTesla (TSLA) is in the spotlight right now, and several factors suggest a potential bullish trend in the stock next week:
Strong Delivery Numbers: Tesla recently reported its Q2 2024 delivery figures, which exceeded many analysts' expectations. While the numbers were lower than last year's, they still indicate solid performance in a competitive EV market, with other automakers also experiencing growth.
Upcoming Earnings Report: Tesla is scheduled to announce its Q2 2024 earnings on Tuesday. Analysts are forecasting revenue slightly above last year’s figures, with net income expected around $1.72 billion. Investors will be particularly interested in updates about Tesla's robotaxi plans, which have been postponed to October. This anticipation could drive excitement and boost the stock price.
Market Recovery: Recently, TSLA experienced a drop of about 12.4% due to a global market sell-off. However, the stock has started to recover, and this volatility may present a buying opportunity, especially if the market stabilizes.
High Probability Setup: According to technical analysis, there is a high probability setup that has already formed, indicating a favorable entry point for bullish trades. This technical signal, combined with the positive news and upcoming events, enhances the likelihood of a price increase.
With these factors in play, including strong delivery numbers, an important earnings report, and a favorable technical setup, TSLA could see a bullish trend in the coming week. As always, be sure to conduct your own analysis and manage your risks before entering any trades.
6M:
3M:
1M:
2W:
1W:
3D:
2H: Entry
We are owning these TSLA positions with Confidence!Tell the story of the chart and trust your HTF algorithms - that's all you need to do in this game!
TSLA long opportunity coming right up!
Happy Trading :)
TESLA (TSLA) Moving in a channelGood morning everyone!
Quick 4.5 minute update on Tesla! We're looking alright but in the short term, we'll need to see a move above our short term resistance at $233-$234 before we can see a move up into $240-$245. Very possible.
NFP was just released today so make sure you take care for any intraday volatility, otherwise my view is Tesla is moving in a channel and we're going to keep at least a short term bullish posture until we break the channel (either way).
Bullish price target is $400 (no timeframe associated) and Bearish price target would be a sweep of that $150 level in the event of global financial catastrophe.
Trade safely nerds!
TSLA: Buy ideaBuy idea on TSLA as you can see on the chart after the breakout with force the vwap and the resistance line by a big green candle.
TSLA Daily Reverse Head and Shoulder breakoutYesterday 5th of september TSLA broke out on a reverse H/S pattern pattern continuation gives a target of about 27.6% upside to $296,6
tesla daily chartsas we can see, resistance/ supply zones are not pushing price down
instead price keeps pushing up
now its near a weekly and daily gap area which could be a resistance
i am not going long for now. i expect price to reject.
however, the way it gets pushed down will determine if the uptrend continues or if it ends.
if it gets pushed down by force, then i won't be longing it yet
if its a very corrective move down, i will wait for confirmation to go long. It could go above $270 n beyond if that happens
TSLA - $235 break for gap entry to $246.30.TSLA - Stock breaking out of trendline channel bouncing off support trendline. Stock has gap to fill to $246.30. Calls above $235 for gap entry. Stock is strong on indicator and moving with momentum. Lot of call flow coming in on high watch.
tesla stock analysistesla is showing bullishness
look at it rejecting off the monthly flip zone, but not creating a new low, it did not take out jan 2023's low.
instead it kept pushing up
look at the blue box (it is a weekly flip zone). that did not hold as well
and tesla is now making higher highs and higher lows
TSLA has room on the daily chart for continuation.NASDAQ:TSLA has been on a strong run since the daily 50 SMA reclaim last week. If TSLA continues to build above $222 and takes out today's highs, there is room on the daily chart to $230 and $240 in subsequent days.
TSLA OutlookTesla is in a huge ascending broadening wedge which is bearish. At my price target you'll see it also forms a double top.
This is how I estimate it to play out.
First real support for me is at red line (presently 26 USD - Subject to change if stock split etc.. hopefully the chart auto updates if so)
Just an idea - Not financial advice.
TSLA: If there was ever a time... If there was ever a time to get your positions in before a serious rally, go ahead and prepare yourselves. Based on current projections, it looks as though we have the ability to enter into a final impulse wave. If Tesla executes on a fundamental basis, I do believe there's no stopping it.
We are in the final move of our corrective phase, and coiling.
Don't try an time it. You won't be thinking about how you wish you would have gotten 180 instead of 230, when you're looking at 750/share.
No trades , just investing in the future and holding.
TESLA broke above the 2-month Resistance and is aiming for $300Last month (August 15, see chart below) we gave a pull-back buy signal on Tesla (TSLA) and the price action swiftly responded with a August 28 Low and then rebound:
The rebound was on the 1D MA200 (orange trend-line) and today we see a strong bullish break-out above the 1D MA50 (blue trend-line). This alone is enough to confirm the start of the next phase of the Bullish Leg, since the long-term pattern is a Channel Up, as closing above 228.00 will constitute a Higher High.
Technically the structure is similar to the previous mid-Bullish Leg consolidation (April 30 - June 24), even the 1D MACD sequences between the two fractals are similar. In that sense we can't rule out some more ranged trading for September but on the long-term our Target remains unchanged.
We expect the $300 level to break before November.
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TSLA -- Inverse Head & Shoulders breakoutInverse Head & Shoulders pattern breakout. ~ 276 technical target.
TSLA: Spring effect: Buy ideaBuy idea on TSLA as you can see on the chart because we have a spring effect on the support line and also if we have the breakout with force the vwap and the resistance line by a big green candle.
TSLA: Spring effect: Buy ideaBuy idea on TSLA as you can see on the chart because we have a spring effect on the support line and also if we have the breakout with force the vwap and the resistance line by a big green candle.
Tesla (TSLA) on a 1-hour chartChart Overview
Price Channel: There's an upward price channel with parallel trendlines indicating higher highs and higher lows. Tesla is trending upward within this channel.
Current Price: TSLA is trading at around 225.40, with resistance just overhead.
Support and Resistance:
Resistance: Around 226-227, which is aligned with the top of the price channel.
Support: Around 220 and 216 levels, where the price has previously bounced.
Key Indicators:
Volume: Volume is relatively lower at the rightmost candle, suggesting that the upward move may be weakening. Watch for increased volume for confirmation of direction.
Oscillator (likely MACD or Stochastic): The oscillator at the bottom shows some mixed signals, but there may be a bearish divergence, indicating that while price is making higher highs, momentum is weakening.
Price Action Analysis:
Upward Trend: Tesla is currently in an uptrend, forming higher highs and higher lows within the channel. The price action indicates bullish control for now, but momentum is slowing as it approaches the resistance level near 226.
Potential Pullback: With the price near the upper channel, there could be a pullback toward the 220 level, where the lower boundary of the channel and support line are situated.
Breakout/Breakdown Scenarios:
Breakout: If Tesla breaks through the 227 resistance with strong volume, it could aim for 230+, possibly reaching the top of the channel.
Pullback: If Tesla fails to break resistance and retreats, look for support at 220 and 216.
Support Levels to Watch:
220: Minor support, also coincides with the midline of the channel.
216-213: Stronger support, where the price has bounced a few times.
Psychological Level: The 225-227 zone could act as a psychological barrier, making it a key area to watch for reaction from buyers or sellers.
Strategy:
Bullish Play: Look for a breakout above 227 with increased volume. A breakout above this resistance could signal further bullish momentum toward 230-234.
Bearish Play: If Tesla struggles to maintain the 225 level and drops below 220, there could be a test of the lower support levels at 216 and below. This would also likely signal the weakening of the upward channel.
In summary, Tesla is currently testing its resistance within a channel. A breakout above 227 can lead to continued bullishness, while failure to break might result in a pullback to 220 or lower. Monitoring volume and the oscillator's momentum will be key to confirming the next move.
