Tesla 234? Maybe so MUST WATCH Good morning Traders
Check out this weeks video MUST watch
Will we get to 134-135? That is the question
Any questions let me know
MB Trader
TSLAB trade ideas
TSLA : Mixed Signals Suggest CautionNASDAQ:TSLA : Mixed Signals Suggest Caution and Short-Term Downside
The technical analysis for TSLA provides a mix of signals, with several indicators pointing to a potential short-term downside. Key indicators are outlined below:
Relative Strength Index (RSI 14): Current value 40.38 – Neutral, indicating that TSLA is neither oversold nor overbought, but closer to oversold territory.
Momentum (10): Current value -2.83 – Signaling a bearish trend with downward momentum, reinforcing a sell recommendation.
MACD Level (12, 26): Current value -1.92 – Offers a buy signal, suggesting potential for a reversal despite current bearish momentum.
Bull Bear Power: Current value -3.07 – Indicates selling pressure is dominant, aligning with the downward momentum signal.
Moving Averages (Exponential and Simple for 10, 20, 50, 100 days): All show sell signals, reflecting bearish sentiment in the short to medium term. However, the 200-day moving averages (Exponential 244.39 and Simple 243.68) give buy signals, indicating long-term support remains intact.
Conclusion
Despite some long-term indicators such as the MACD and 200-day moving averages pointing toward a potential recovery, the current short-term signals are bearish. The momentum, Bull Bear Power, and moving averages suggest that TSLA could see further downside pressure in the near term. Investors may want to exercise caution, as the stock could continue to trend lower before finding stronger support levels.
Recommendation: Neutral in the short term, with potential for reassessment as long-term support levels hold.
Disclaimer
This analysis is for informational purposes only and is not financial advice. Always conduct your own research or consult a financial advisor before making any investment decisions.
TSLA: Buy ideaBuy idea on TSLA as you can see on the chart if only if we have the breakout with force the resistance line by a big green candle.
TSLA: 125% gains Best Level to BUY/HOLD 🔸Hello traders, today let's review 4hour price chart for TSLA.
Currently a mixed package overall with limited upside potential,
I don't recommend entering any buys at current price.
🔸Ongoing accumulation since May 2023, significant lows printed
in April 2023 / 2024, so I'm tagging April 2025 as a potential reversal
for TSLA / bottom buying near range lows totally makes sense.
🔸Accumulation range defined by range lows at 175 usd
and range highs at 255 usd. premium prices below at 145/165
and above at 280 and 305 usd.
🔸Recommended strategy bulls: expecting pullback based on measured move projection set to extend further down towards 175 usd. currently
trading at 250 usd, no entries recommended on buy side. This is a
trade setup for patient traders. may take more time to develop.
conservative target is 350 USD, so +125% gains off the lows.
🔸Finally, check out the TSLA related story below and let me know
in the comments section if you'd like to get more updates like this.
Don't forget to follow/like/comment, this is much appreciated.
Year 2030. Tesla coupe safely lands on Mars. Exploration mission
starts in April 2030.
▪️ In this fictional tale in 2030, Tesla founder Elon Musk and his wife Grimes make a historic landing on Mars, marking a new era in space exploration.
▪️ Upon arrival, they establish a settlement called "New Teslaville," aiming to turn it into a sustainable colony for future generations.
▪️ Their first day involves setting up essential infrastructure, including solar panels, an oxygen generator, and a Mars rover.
▪️ The next day, they plant a Tesla flag on Mars, signifying humanity's first successful landing on the red planet.
▪️ On day three, Musk shares a heartfelt message about the importance of space colonization for humanity's survival.
▪️ After a successful first week, they receive a message from Earth, indicating the start of the "New Mars Era" and their status as the first Martian settlers.
▪️ The couple ends their week by enjoying the Martian sunset in a Tesla coupe.
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
TESLA Under Pressure! SELL!
My dear friends,
TESLA looks like it will make a good move, and here are the details:
The market is trading on 260.65 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 242.66
Recommended Stop Loss - 269.75
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
Creating a Balanced Investment PortfolioCreating a Balanced Investment Portfolio
In the vast realm of trading, where platforms like FXOpen play a pivotal role, strategy and skill stand paramount. As the age-old adage goes, 'Don't put all your eggs in one basket.' In the context of trading, this underscores the significance of diversification. Enter the concept of a balanced investment portfolio - an excellent balanced portfolio example, which emerges as an oasis of hope amidst the unpredictable dunes of market volatility.
Understanding the Importance of a Balanced Investment Portfolio
To achieve a balanced investment portfolio, it's crucial to consider the balance of individual components, especially forex, CFDs, stocks, and bonds. For example, a stock portfolio balance refers to the proportion of stocks in relation to other investment types. This balance is pivotal, as stocks often carry higher risks but also higher potential rewards. By understanding their own risk tolerance and learning how to balance portfolio assets effectively, traders can determine the ideal portfolio balance that meets their specific objectives.
Building the Foundation: Investment Basics
Every experienced trader knows that the world of investments is vast, presenting myriad opportunities. Some of the primary investment types include:
- Stocks: These signify ownership in a company and constitute a claim on a fraction of its assets and earnings.
- Bonds: Essentially, when you invest in bonds, you're loaning your money, either to a corporation or the government, in exchange for periodic interest payments plus the return of the bond's face value when it matures.
- Real Estate: Investing in tangible land, buildings, or housing. Given its physical nature, it often acts as a hedge against more volatile markets.
- Mutual Funds: These funds pool money from several investors to invest in a diversified portfolio of stocks, bonds, or other securities.
Central to investment basics is the risk-return tradeoff. Essentially, it highlights that the potential return on any investment is directly proportional to the risk associated with it. In this matrix, diversification emerges as the most effective strategy, helping to spread and, in turn, mitigate risk.
Asset Allocation Strategies
Asset allocation might seem like a complex term, but at its core, it's about ensuring that your portfolio reflects your investment portfolio balance, harmonising your desired risk and reward.
1. Modern Portfolio Theory (MPT)
Introduced by the visionary economist Harry Markowitz in the 1950s, the Modern Portfolio Theory (MPT) has since established itself as a seminal concept in portfolio management. Groundbreaking for its time and still influential today, MPT hinges on a principle that feels intuitive yet was revolutionary upon its debut: diversifying investments to maximise returns while judiciously managing the associated market risk. Central to the MPT is the construct of the 'Efficient Frontier'.
This captivating concept represents a boundary in the risk-return space where portfolios lie if they offer the highest expected return for any given level of risk. In essence, any portfolio residing on the Efficient Frontier is deemed optimal, reflecting a balance where no additional expected return can be achieved without accepting more risk.
2. Strategic Asset Allocation
Here, traders establish a base policy mix — a proportional combination of assets based on expected rates of return for each asset class. It’s a long-haul game, adjusting the portfolio as long-term goals or risk tolerance evolve.
3. Tactical Asset Allocation
A more active management portfolio strategy, this method tries to exploit short-term market conditions. It involves shifting percentage holdings in different categories to take advantage of market pricing anomalies or strong market sectors.
Diversification
In the complex world of investing, understanding how to balance a portfolio is key. Diversification is the guardian against unpredictability. It is the art of spreading investments across various assets or sectors, ensuring that potential adverse events in one area won't unravel the entire portfolio's performance. Essentially, diversification is the protective shield that buffers against market volatility, offering a more stable and consistent growth path for traders.
Geographical Diversification
Globalisation has knit economies closer than ever before, yet each retains unique characteristics influenced by internal and external events. By diversifying investments across continents and countries, traders can leverage these unique attributes.
Sector Diversification
Beyond geography, the global market is segmented into various sectors — technology, healthcare, and finance, to name a few. Each has its growth trajectory, impacted by different factors. Spreading investments across sectors can hedge against unforeseen adversities.
Individual Asset Selection
The keystone of a robust portfolio is the judicious choice of individual assets. Beyond the broad strokes of diversification, the meticulous selection of each asset determines the portfolio's potential success. It's where profound understanding meets strategic decision-making, ensuring that every asset, be it a stock, bond, or commodity, is handpicked to serve the trader's overarching goals and vision. Proper research, encompassing financial performance, management quality, growth potential, and market trends, provides insight, reducing the chances of unwelcome surprises.
Risk assessment is another crucial part of individual asset selection. Risk is an inherent part of investing. However, with rigorous risk assessment, traders can anticipate potential pitfalls. Evaluating the risk associated with each asset and its correlation with others in the portfolio helps in achieving the desired balance.
Monitoring and Rebalancing
In the dynamic dance of markets, continuous oversight and timely adjustments keep a portfolio's rhythm and harmony intact.
- Regular Portfolio Review. The world doesn't stand still, nor do the markets. Regular reviews ensure that the portfolio aligns with the trader's goals and market realities.
- Rebalancing Strategies. Over a period of time, certain investments will experience more rapid growth than others. This can shift the portfolio’s balance, necessitating rebalancing. Rebalancing, whether by reinvesting dividends or selling assets that have appreciated to buy those that have declined, ensures alignment with the desired risk levels and asset allocation strategy.
Conclusion
Crafting a balanced trading portfolio is an art backed by science, strategy, and due diligence. It's an ongoing process requiring constant monitoring and fine-tuning. By keeping a finger on the pulse of global trends, understanding risks, and staying committed to their goals, traders can navigate the choppy waters of global markets effectively. For those eager to embark on or deepen their trading journey, FXOpen offers the platform and tools. To initiate this exciting endeavour, you can open an FXOpen account and explore the dynamic offerings of the TickTrader platform.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
TSLA's TA on October 3, 2024Price Action:
TSLA is trading in a descending channel after a sharp sell-off on the hourly chart. The overall sentiment appears bearish, and it's currently consolidating near the lower end of the range around $249 - $251.
There was a strong rejection from the recent high around $264.86, marking this as a significant resistance level going forward.
Key Levels:
Support:
The immediate support level is around $244. This is a critical zone because if it breaks below, the next level to watch is $241.49 and potentially as low as $239.
If these support zones don't hold, we could see a move down towards $230 - $235.
Resistance:
The first major resistance to the upside is $251.60, with another key level at $260. These areas could be tested if there's any upside recovery.
The ultimate strong resistance is around $264.86, which aligns with the previous rejection zone.
Entry and Exit Points:
Entry for Long: Look for a bullish reversal pattern or breakout above $251.60 with volume confirmation, targeting the next resistance at $260. You could set a stop loss below $249 to protect against downside risk.
Entry for Short: If TSLA breaks down below $244, you could consider shorting, aiming for the lower targets at $241.50 or even $239.
Order Blocks & Volume Profile:
The volume profile shows a high concentration of traded volume around $249 - $251. This means it’s a key area to watch for consolidation, and the direction TSLA takes out of this zone could indicate the next big move.
Momentum Indicators:
MACD and stochastic shows the selling pressure seems to dominate, so keeping an eye on volume is crucial to detect any possible reversal.
Overall Bias:
TSLA remains bearish as long as it stays below $251.60. There’s a potential for a further pullback unless it can reclaim key resistance levels like $260. Keep in mind potential market catalysts that could drive price action beyond technical levels.
Tesla with a inverted H&SThere are a lot of uncertainty in the markets these days. But if we can break out of the current range, then we could see the head and shoulders pattern play out.
The first target would be to hit new all time highs and thereafter the full target of the H&S.
But first we need a breakout on increased volume and possibly a retest of the neckline and/or the trendline.
TESLA pulling back on Q3 deliveries. Is there a reason to panic?Tesla (TSLA) opened considerably lower today as they announced Q3 deliveries of 463000 units, below the heightened expectations of around 470,000 from the buy-side and just slightly above the consensus estimate of 462,000. Is this a typical market overreaction on data or the start of a stronger correction ahead of the Robotaxi event next week?
Well from a technical standpoint, our thesis on Tesla is well known and hasn't changed since the August 15 update (see chart below), where we called for a $380 target within the long-term Channel Up:
Even on the more short-term 1D time-frame, we can see that the stock is respecting a Channel Up pattern that started on the August 05 bottom and for the past 30 days has been supported by the 4H MA50 (blue trend-line).
The last correction like the one we're having this week, was from August 20 to 28, which then rallied by +30.50%. As a result, the minimum Target now for November is $310.
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TSLAA short can be considered in wave C, which is completing the larger triangle, but only if we take into account that wave E of the triangle hasn’t already ended earlier
Tesla Stock Slips as Deliveries Miss ExpectationsTesla (NASDAQ: NASDAQ:TSLA ) saw a notable decline of 5% in early trading Wednesday following the release of its Q3 2024 delivery and production numbers. While the electric vehicle (EV) giant reported 462,890 deliveries—slightly above analysts' predictions—investors had anticipated higher performance, leading to a sell-off. This drop brings NASDAQ:TSLA down to $244.86, reflecting the ongoing battle between Tesla’s robust market presence and increasing competition from global automakers.
Q3 Delivery Report: Falling Short of the Hype
Tesla (NASDAQ: NASDAQ:TSLA ) delivered just under 463,000 vehicles in Q3 2024, surpassing the 461,000 estimate, but investor sentiment seemed to have set loftier expectations. The production numbers were similarly positive, with Tesla (NASDAQ: NASDAQ:TSLA ) producing 469,796 vehicles, up from the 430,488 vehicles produced a year ago. Despite this growth, the stock slipped as the market had expected a more substantial increase to sustain the company’s valuation, which had already jumped 32% in the previous quarter.
Analysts from Wedbush described the report as "a step in the right direction" but also noted that some investors may have been looking beyond these delivery figures, anticipating the October 23 earnings report and the unveiling of Tesla’s much-discussed "robotaxi." Still, Tesla faces ongoing headwinds, especially in the competitive EV landscape.
Competition Heats Up
Tesla’s dominant position in the EV market is increasingly challenged, especially by Chinese automakers like BYD and Geely, as well as emerging rivals Li Auto and Nio. In the U.S., Rivian, Ford, and General Motors are all making headway into the EV space, with GM recently reporting a 60% year-over-year increase in EV sales. Even with Tesla maintaining a significant lead in the U.S. market, these rising competitors are placing pressure on its growth trajectory.
Tesla’s lack of specific delivery guidance for 2024 raises additional concerns. Although the company’s sales are growing, its ability to maintain such momentum amid fierce competition is in question. Analysts will be closely watching Tesla’s October 23 earnings report, with a particular focus on profit margins and how Tesla navigates the balance between maintaining its market share and controlling production costs.
Technical Analysis: The Chart Speaks Volumes
On the technical side, NASDAQ:TSLA ’s stock is showing signs of weakness. As of the time of writing, the stock has dropped 3.57%, with a Relative Strength Index (RSI) of 57.43—an indicator that the stock is losing its buying momentum and moving closer to a neutral or selling zone. While Tesla (NASDAQ: NASDAQ:TSLA ) remains above its 50-day and 200-day moving averages, suggesting underlying strength, the dip in RSI indicates potential volatility.
Tesla’s ability to stay above key moving averages amidst such market pressure will be critical in determining its next moves. Investors should keep an eye on whether the stock can sustain levels above its moving averages or if further selling pressure will drag it down into a correction territory. As the market awaits the earnings report later in the month, these technical patterns could provide a roadmap for short-term traders.
Tesla’s Future: More than Just Deliveries
Tesla’s long-term growth story remains intact, bolstered by innovations like self-driving technology and upcoming projects like the robotaxi. However, the EV maker must continue to outpace competitors and reassure investors that it can meet growing demand without sacrificing profitability. As the global EV market matures and competition ramps up, Tesla’s ability to innovate while maintaining healthy margins will be the key to its future success.
In conclusion, while Tesla’s Q3 delivery numbers met expectations, they fell short of the hype, leading to a sell-off. The stock remains technically strong, but investors should be cautious as it approaches critical RSI and moving average levels. With earnings just around the corner and Tesla’s next big product reveal on the horizon, the coming weeks will be pivotal for the company’s stock performance.
TSLA Approaching Key Breakout: Targeting $410Tesla (TSLA) is approaching a critical technical juncture, nearing a multi-year resistance trendline that has capped previous rallies. With strong momentum and improving fundamentals, a breakout above this level could signal a significant upside move, positioning TSLA for a potential rally toward $410. The company's continued innovation in EV technology and expanding energy division offer further growth catalysts, making it an attractive opportunity for bullish investors. A clean break of this resistance would confirm the bullish trend and open the door to new highs.
Disclaimer: These are my personal thoughts and not financial advice. Please do your own research before making any investment decisions.
buy tesla @ 245. target 6000Tesla at on eof the strongest buy in decade .
best buy @ 248-255.
target 600. 3 year target 2000.
a perfect cup and handle on 1 year chart .
$TSLA Trade IdeaCalls Over $264
Target $267.48, $271.35, $276.60
Puts under $248.53
Target $246.19, $243, $238.83
Oil gold Tesla10 2 24 I started with crude oil looks like it might go higher and might be what some people would call a spike trade which will drive the market much higher. I listen to the video before I uploaded it and I made a mistake regarding Spike trades which look for the market to double the range of the Spike... not triple the range. gold is in a Range box and in this example I have two different size range boxes and I completely cleaned the chart and Drew it using the tools that I look at and then I discussed the details and then you can decide if using range boxes and ABCD patterns Etc work for you. I think the gold market has an ambivalent set up and that the market might go higher or lower.... and that's not bad because it tells me I don't know what the true advantages for me at this point...so if I was not in the market I wouldn't make a decision to trade it at this point. if I were already long in this market it is conceivable that I would say to myself to take the money if I were already profitable and wait but that is a personal decision based on personality as much as anything. my experience is that if you use the tools that I'm using and there will be times when you're not sure about a trade but you will find great setups that you're pretty well certain are good trades and that's usually when markets have been moving higher and they come back to a support area and now you're seeing a two-bar reversal going higher........but if you can be patient with bullish markets that are making new highs and you can wait for the buyers to give up on the market.... these are very good trades as well but they're tougher to trade.
Tesla - Breakout After Almost 4 Years!Tesla ( NASDAQ:TSLA ) is finally breaking out of the triangle pattern:
Click chart above to see the detailed analysis👆🏻
After a 4 year consolidation, Tesla is finally attempting to break out of the long term bullish triangle pattern. The monthly candle still needs to close but everything is pointing towards a major move higher, with the first target being the previous all time high from 2022.
Levels to watch: $250, $370
Keep your long term vision,
Philip (BasicTrading)
SEEMS TO BE HEADED TO THE BOX, Reversal from multiple topAs resistance has been a solid wall that has yet to be broken on numerous attempts, it seems to have broken down again after selling pressure.
Tesla are we going to 268 or 272 which one is IT???? Good morning Traders
Grab some coffee or a tea and lets get into it
First I do a little bit of wave counting to get you up to speed on where we are going and why
Second I do some four hour projections and 30 minute to figure out our levels going up
Third add in a little spice and throw that pitchfork in to wrap it up all nice
Enjoy the video, if you want more videos or different types of videos please let me know in the comments section.
My ultimate goal is give you the audience what you need and the skills to become a more profitable and better trader so you too can hit your trading and lifestyle goals
Happy hunting for those trades
MB Trader
Tesla Trades That Hit The Mark: 75% and 30% Gains Explained!
Two successful Tesla trading ideas, one from April and one from August.
April entry would now be around 75% up, and August entry around 30%.
Both ideas show how technical analysis can accurately time the market and generate returns.
Future resistance levels could indicate potential price consolidation.
This year, I shared two ideas about Tesla:
The first idea in April.
The second idea in early August.
If you bought Tesla stock in April and still hold it, you should be up about 75%. If you entered in August, your position should be up around 30%.
Both ideas played out exactly as predicted, proving once again that technical analysis helps to time the market and put your money to work as quickly as possible. While fundamental analysis tells what should happen, technical analysis shows what actually happens.
April Idea Criteria:
Strong area, confirmed by powerful candles in late 2022 and early 2023.
Mid-round number of $150.
Small liquidity zone around $150.
Smooth descending price movement into the zone I shared.
August Idea Criteria:
Break above $200 with a powerful candle.
Break above a long-term trendline, again with a strong candle.
Price pulled back to the breakout area: 3.1 Retest of $200, now acting as support. 3.2 Trendline retest. 3.3 Historically strong area around $200 – several rejections before.
What’s Next?
If you are still holding, the next target could be around $280–$300. This is the next strong resistance level. As you can see from the chart, this area has multiple rejections in the past. It might be a good idea to take some profits, as the price could get stuck here for a while, and it’s uncertain how and when it will break through.
Summary:
This is a great example of how technical analysis can guide you to better price entries, potentially leading to higher returns in the future. It does take some experience, but these criteria are not hard to spot once you know what to look for. It’s definitely not rocket science to master the basics.
All the best,
Vaido
TSLA for tomorrow Oct. 1, 2024Current Price Action
TSLA is currently in an ascending wedge pattern, which is typically a bearish reversal signal. However, it’s important to confirm if the breakout is to the upside or downside.
Price is hovering around $261.98, nearing a key resistance level at the top of the wedge, which could signal either a breakout or a rejection.
Support and Resistance Levels
Resistance Levels:
$262.66 - $264.87: This zone is significant resistance, as the price has previously struggled to break through it. A confirmed breakout here could lead to further upside.
$270.00 - $276.00: Should TSLA break above $264.87, the next target would be psychological resistance at $270 and further up to $276.
Support Levels:
$260.46: This is the immediate support, just below the current price, providing short-term strength.
$251.54 - $249.89: Strong support zone where buyers have previously stepped in. A break below this could signal further downside pressure.
$242.51: The last significant support level visible on the chart, marking the lower boundary for potential bearish moves.
Entry and Exit Points
Bullish Entry:
Look for a clean breakout above $264.87 on high volume, which would indicate strength and momentum to the upside. A confirmation here could offer a long entry with a target of $270 or $276.
Bearish Entry:
A rejection around $262.66 - $264.87 would provide a potential shorting opportunity. If the price breaks back down below $260.46, it would confirm the bearish case with a target of $251.54 or $249.89.
A breakdown from the ascending wedge pattern to the downside would further confirm the bearish sentiment, aiming for $242.51.
Exit Points:
Bullish traders can take profits around $270 - $276, but keep an eye on volume and momentum for a continued move higher.
Bearish traders should look to take profits around $251.54 - $249.89, with a more extended target near $242.51 if downward pressure continues.
Suggested Direction
Bullish Case: If Tesla manages to break through the resistance at $264.87, it would suggest bullish momentum, potentially targeting $270 and beyond. Look for strong buying volume to confirm this move.
Bearish Case: A failure to break through the $262.66 - $264.87 resistance zone and a subsequent breakdown below $260.46 would signal a potential reversal, confirming the bearish wedge pattern. A downside move could lead the stock to test support levels at $251.54 or lower.
Still short tesla daily viewOnce again I get a lot of flack when I post shorting cult stocks but I called that last rejection. I am enjoying staying short here as a big tech market hedge as well. There is a chance value stocks start to take over, and crypto. On the daily chart TSLA is printing the same long legged doji rejection candle as last time signaling a double top. This is in alignment with the golden momentum fib which means sellers are likely to take control here if they cant push through here with a squeeze.
My position is small but the upside is large on my TSLL puts
TSLA: Buy ideaBuy idea on TSLA as you can see on the chart if only if we have the breakout with force the resistance line by a big green candle follow by a large green volume.
TSLA💹
Outlook: TSLA has been breaking bullish and accumulating nicely. Price made a bigger re-accumulation the last 2-3 hours but we are still inside this 5hr bullish impulse range. I will be looking for longs on TSLA if they present themselves/
NY session bias: Bullish/ re-accumulating looking for longs NY stock exchange open.
