Tesla ($TSLA) Elliott Wave Analysis – Expanded Flat to $70Expanded Flat Pattern
Wave A (2022 Crash)
• Tesla dropped from ~$415 to ~$100, forming a three-wave (ABC) decline.
• This marked the first phase of the Expanded Flat.
Wave B (2023-2024 Rally)
• Tesla rebounded strongly to ~$360-$400, retracing about 61.8% of Wave A.
• Then overshoot beyond Wave A’s starting level confirms an Expanded Flat structure.
Wave C (2024-2026 Expected) – $70 Target
• Now unfolding as a five-wave impulse down.
• Target zone: Primary $70 (0.618 Fib retracement)
Short-Term Bearish Outlook – Wave C Down to $70
• Tesla is in Wave C, meaning more downside is ahead.
• Breaking below $150 will confirm a deep drop to $70
• The final phase of selling will likely coincide with macro weakness (recession etc.).
Long-Term Bullish Setup
• Once Wave C completes at $70, Tesla should start a new impulse wave.
• Target for next bull run: $800+.
• Best strategy: Accumulate Tesla below $100 for long-term gains.
TSLAD trade ideas
TESLA: Why do shares keep falling? TRUMP!!
Concerns about overseas sales and tariffs add to the company's disappointing fourth-quarter results reported last Wednesday.
Tesla reported earnings of 73 cents per share, below analysts' expectations of 76 cents, and revenue of $25.71 billion versus the $27.26 billion expected. Revenue fell 8% compared to the same quarter last year.
In addition, the looming application of tariffs on China and Canada (Mexico has a one-month extension) is spooking investors. In a recent earnings call with analysts, Musk acknowledged that while Tesla has tried to localize its supply chain, it still relies heavily on parts from around the world for all of its operations. “Therefore, the imposition of tariffs, which is very likely, will have an impact on our business and profitability,” he stated.
Canada is a key supplier of auto parts, as is China. And Canadian officials are specifically focusing some of their discontent with Trump's tariffs on Musk. On Monday, Premier Doug Ford announced that Ontario would cancel a $100 million contract with Starlink, which is part of Musk's company SpaceX.
In other words, MUSK is one of the TARGETS that ARE going to be punished FOR THE US TARGETS.
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--> How far could the price fall?
At the moment the technical aspect is bullish (Bull) in the medium-long term, but in the short term it is bearish (Bear), so WE HAVE TO WAIT to enter long.
Today it has reached the first important support zone, we are talking about the 350.63 zone, which also coincides with a Fibonacci retracement of almost 50%. If the zone respects it and the MOMENTUM and STRENGTH in H4 turn bullish (Bull), it will be a good time to enter long positions in TESLA again.
--> KEY SUPPORTS
1) 350.63 (Key support in Daily time frame)
2) 355 (50% Fibonacci)
3) 314 (Key support in Weekly time frame)
4) 300 (61.8% Fibonacci)
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--> When the chart gives us the first bullish warning (Bull) in time frame, I will publish a new analysis indicating the entry SET UP.
24/12/13 Tesla 427 USD - volcano erupted Tesla actually as an high flyer. Since end of october, the value has been doubled.
Are there any fundamental reasons, to substantiate such a move?
100% for sure not. Why?
Musk will launch next year another cheaper car. This may help to keep the piece of the market, but not to increase very higher sales in total. 2024 tesla sold end of Q3 not more cars than in 2023. last quarter .- we will see. But chinese Market is blocked by there own. See, in what a velocity china creates new companies in EV. They do it in the same way how they did it with PV Moduls.
Musk also will push the robotaxi. But he has neither a requires functionality nor a permission for such vehicles. And dont forget, amazon and google have already such cars driving. Google with her daughter with 50000 bookings per week, which will generate a lot of datas, Tesla does not have. And lot of important Tesla people in this technology leaved the company this year.
But overall: the US taxi market revenue per year is roundabout 22 B USD. Maybe 10% net earnings. Even with driverless vehicles the net earings are 30%, maximal net earnings for Tesla will be in 3-4 years maybe 70 Million USD, 10 years maybe 800 Million USD (USA, europe). Discount it with 4% and you will see …
If this robotaxi are good enough, not to buy an own car… we will see. Every man liked his own car. And if not, this business model will cannibalize the own business.
So - Tesla is fundamental overrated.
Technical side see chart.
Maybe actually prices are driven by short covering (remember Volkswagen and Mr. Merckly was driven in suicide).
So, prices now on upper bollinger boundary.
Prices extrem above SMA 40 Weeks, which was a sign for sharp correction.
And - I guess, some Short Sellers are coming onto to the floor.
But - richest man in the world is naturally at any time aible, to buy for private, for several billions. That means: Hedge funds as short sellers must have min. 10-20 B USD to fight or covered.
Dan 13.12.24
TSLA Technical Analysis & GEX InsightsMarket Overview
Tesla's price action suggests a continuous downtrend within a descending channel on the hourly chart. The volume profile aligns with bearish momentum, as sellers maintain control near key support levels. The GEX (Gamma Exposure) insights provide critical levels for options-based decision-making.
Technical Analysis
1. Trend Analysis:
* TSLA is respecting the descending channel with lower highs and lower lows.
* The price has approached the lower bounds of the channel, currently near $357.
2. Support and Resistance:
* Immediate Support: $357 (strong put wall and local price defense).
* Secondary Support: $350 (critical psychological level, reinforced by put OI).
* Resistance Levels:
* $373 (minor resistance within the channel).
* $380 (key rejection point based on call resistance and HVL zone).
3. Indicators:
* MACD: Momentum is bearish, with the MACD line below the signal line, and no signs of reversal yet.
* Stochastic RSI: Oversold conditions suggest a potential bounce but lack confirmation.
* Volume: Decreasing on the downtrend, indicating a potential lack of conviction by sellers.
4. Price Action Insights:
* Consolidation near the lower trendline may indicate either accumulation or further bearish continuation.
* A breach below $357 could accelerate selling pressure toward $350.
Gamma Exposure (GEX) Analysis
1. Critical GEX Levels:
* Call Walls:
* $400: Strong resistance with 71.6% call-based gamma.
* $420-$450: Long-term bullish targets if a reversal materializes.
* Put Walls:
* $361-$350: Highest negative GEX zone; pivotal support for short-term price movement.
2. Options Oscillator Metrics:
* IVR (Implied Volatility Rank): 31.2, indicating moderate volatility.
* IVx (Implied Volatility): 68.5% average.
* Call/Put Dollar Ratio: 49.1% skewed slightly toward call interest.
3. Implications:
* Strong put gamma at $350-$357 aligns with critical support, suggesting a high likelihood of defensive action by market makers at these levels.
* A significant close above $373 could trigger unwinding of short positions, leading to a gamma squeeze toward $380.
Trade Setups
1. Bullish Setup:
* Entry: Above $373.
* Target: $380, $400.
* Stop Loss: Below $370.
2. Bearish Setup:
* Entry: Below $357.
* Target: $350, $340.
* Stop Loss: Above $360.
Conclusion
Tesla is at a decisive point near $357. While oversold indicators hint at a possible bounce, the prevailing bearish trend and GEX positioning suggest caution. Traders should monitor breaks of $357 for bearish continuation or $373 for bullish momentum.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and trade responsibly.
Tesla Faces Bearish Sentiment: Short Recommendations for Next We
- Key Insights: Tesla's stock is currently in a bearish trend, trading below key
moving averages and experiencing negative momentum. The broader consumer
discretionary sector is struggling, with Tesla contributing to the overall
market decline. Analysts urge caution as price action suggests significant
downside risks, especially if it fails to breach resistance levels.
- Price Targets: Next week targets: T1: $350.00, T2: $335.00; Stop levels: S1:
$354.45, S2: $360.00. Given the current price of $361.62, the targets
reflect a conservative outlook, aligning with the bearish sentiment
identified in market analysis.
- Recent Performance: Tesla's stock has seen steady declines over the past
weeks, evidenced by missed revenue and earnings targets in the recent
earnings report. The recurring theme of negative international sales and
declining consumer interest continues to pressure the stock.
- Expert Analysis: Analysts remain split on Tesla's outlook. While some experts,
like Tom Lee, believe the stock is undervalued due to its investments in AI
and innovative technologies, bearish trends suggest that unless key
resistance levels are reclaimed, substantial downside remains a real
concern.
- News Impact: Recent earnings reports have significantly impacted investor
sentiment, showcasing miss targets and raising concerns about international
market performance. At the same time, the initiation of new Model Y orders
could potentially stabilize demand, but tariff-related challenges in
overseas markets continue to pose risks to growth.
TLSA takes a breather, a deep oneTrend Barrier is broken.
Close below the Weekly Center-Line.
There's mostly a reaction to such events, so I expect a slight weekly pullback to the upside before a complete break to the PTG1.
PTG2 could be the continuation profit target mid term.
Rule #1: Protect You Soldiers
TSLA 367.5 PUT 2/7/25 (Win)Saw TSLA broke out to the downside of a Daily descending triangle, and broke below the daily/weekly trend line leading me to a slightly bearish bias on top of the tariff news from Trump. 1HR timeframe showed a mini downtrend and what appeared to be a head & shoulder pattern. Dropped down to the 15 minute timeframe, and saw price broke below the ORB low, made a 15min head & shoulder and also formed a bearish flag pattern, which lead to me entering the trade. Multiple confluences for the win.
TESLA Sellers In Panic! BUY!
My dear subscribers,
My technical analysis for TESLA is below:
The price is coiling around a solid key level - 361.54
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 401.41
My Stop Loss - 337.47
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
Tesla Long sell to 168Tesla is selling off rapidly . Based upon the previous chart data, I see 256 in the next 2-3weeks , seeing that we broke broke above the downwards trend channel in September to touch 256-265 , came down in October and grabbed 211 then proceeded to continue to trend upwards outside of the channel. How ever Major Support on the monthly time frame shows 168 as a the start of the upwards trend in June and reaching 270 in July , Coming down to grab 180 in August establishing a higher low, then continuing upwards momentum. I believe the market will follow the same pattern downwards All the way to 165.We will see what follows when we get there.
Bullish Confluence: Possible upwards move in the short termThe following elements support a short-term upwards move to 288:
Market structure : Falling wedge, price hitting the lower line.
Price Action : Price hitting a relatively strong support level at 361.
Oscillator 1 : Stochastic RSI is in the oversold zone. But it is still pointing downwards so there maybe still be some way to move downwards.
Oscillator 2 : DMI shows a weakening of the bearish line and a pickup of the bullish line.
I expect any upward movement will be brief and will quickly be overcome due to:
1. Poor fundamentals, falling sales in major outlets across the board including China.
2. Poor brand image due to the CEO’s most recent actions.
TSLA just another opinionI'm bullish long term bearish short term. If this plays to the down side marked I think it may happen quick.
Stairs up, elevator down.
I only day trade options, long and short, and DCA shares long term
There is a lot of meat on the bone almost daily, risk is high.
See profit, take profit is the current mode.
maybe $300 coming this next week ....
TSLA: Fractal-Based Timing [FA]Coverage of the chart as a reflexion of reality without TA bias because the chart is already a self-referential source.
Visualizing the relativistic structure of price movements using Fibonacci Channels, mapping historical significance onto a probabilistic framework. The intersections of these channels define areas of probability density, highlighting potential attractors and repellers for price. This structured projection offers a fractal-based roadmap of price behavior, where past cyclical relationships guide future targets.
Frames of Reference:
HH 2021 × LL 2023 → LL 2024
Regressive HH 2021 → LL 2024
Regressive LL 2023 → HH 2024
Interconnected historic prices project probabilistic levels at intersections (Interference Pattern in QM). Use them to evaluate your own targets.
TSLA Main Trend 02 2025Logarithm. Time frame 1 month (no need for less). Chart until 2031
🟢At the moment we are running a big triangle that broke through upwards .
🔄 There is a rollback now , to retest the breakout zone. All according to technical analysis, due to the super success of the company and the liquidity of its shares. As for me, the retest should be successful, and then the trend will continue.
🔴But, they can do, like in the last cycle (I specifically highlighted this and showed %), a reset (for some grandiose news) and only then a reversal. If this happens, remember, this is a "temporary phenomenon". Do not play locally in shorts, the main trend is bullish, and it will clearly dominate in the long term.
Fundamental analysis. Competition with BYD.
That's why I'll write a lot of text about how this will greatly affect the price of TSLA shares in the future (real supply/demand) due to trade wars for sales markets.
1️⃣ The only competitor in the world is only the Chinese BYD . Which will become an order of magnitude stronger for TSLA in monetary terms and the popularity of more technologically advanced and affordable cars. Its main advantage, why it can give a cheaper price for a higher quality product, is complete control over the production of the most expensive unit of an electric car - batteries. From the extraction of raw materials for production to the assembly of the battery, without intermediaries. But, it is worth noting that the future super giant BYD will be denied access (as is currently partially the case) to countries where politics is subject to US influence.
This is the so-called "gray zone" where a "trade war" will develop for the sale of products. The one who pays more will win, or their government (USA or China) will use greater leverage. For example, as now, in Brazil. The construction of the BYD plant is closed due to "inhumane working conditions" (and this is in a company with 500 billion in capital) in an important region (Latin America), where "the enemy does not sleep" and plans to begin construction of TSLA-Brazil in 2026. You probably understand what the matter is...
The main “trade battle” will naturally take place for the European market . The European electric car industry will not be competitive with TSLA and BYD (two main flagship companies in the transition of internal combustion engines to electric transport on earth).
It is worth noting that TSLA is now very popular in China. There is a large plant (Shanghai). 40,000 pre-orders for the new Model Y. The Chinese government does not interfere with this. But if unfair play continues in other markets, it is unlikely that TSLA will not be thrown out of China. Competition must be fair. Duties on cars are similar. So far, this is conditionally observed, but there are negative signs from the United States.
2️⃣ The reality of the launch of a new hydrogen engine from Toyota. There are rumors that it is being developed jointly with BMW. This is a completely new level of hydrogen engines. Instead of refueling with hydrogen, distilled water will be poured into the tank. The engine converts it into hydrogen. Serial production will allegedly begin in 2028, when the first hydrogen BMW models will roll off the assembly line.
In some sources, also together with Mercedes-Benz, and even Porsche. Perhaps this is just a news teaser for a potential future buyer, to save the catastrophic decline in sales last year and this year, due to the virtual loss (due to the inability to compete) of the world's largest sales market — China.
It is probably logical to assume that the release of this hydrogen engine to the masses will negatively affect TSLA shares. Provided that TSLA does not follow this fuel trend. My opinion is that they are unlikely to give mass production to something like this. It is like the mass production of electric cars in the 1990s and 2000s, in the era of the reign and monopoly of the hegemonies of oil capital, and as a consequence of internal combustion engines.
3️⃣ Massive power outages around the world. The next point is probably more of a “conspiracy theory”, but I can't help but mention the extremely unlikely scenario of impact on stock prices (a sharp drop).
It is worth noting that the shares of any company that is associated with electricity are extremely “afraid” of a massive power outage and its rise in price, especially accompanied by extremely negative news. If, at least for a week, with a significant transition to electric vehicles (for example, 20-30%) in a large city there are power outages, then this can have an extremely negative impact on the shares of companies associated with the production of electric vehicles and components for them, which is logical. To scare and save and, as a result, "get your way".
4️⃣ Also, a gradual but rapid rise in the price of electricity , as a result of some events or policies, will discourage people from using electric vehicles (they will buy and drive less). This could also have a negative impact on the earnings of these companies like TSLA and BYD, and as a result on their speculative assets.
PS . Of all the points, probably the most important is 1 (real competition and trade war). Then 2, after 2028. Before that, I think TSLA and other companies related to electric cars will pump up a lot.