TSLA: Gap fill then POPNot a bull trap if the retest is successful, we should see a quick move to $460
TSLAD trade ideas
Tesla Is Driving Bitcoin Price HigherWe talked about a strong positive correlation between Tesla and Bitcoin in the past and now that Tesla is extending strongly higher, Bitcoin is following, of course. Both of them slowed down recently, but notice that Tesla made only a three-wave ABC corrective decline in wave (4) that can now resume its bullish trend for wave (5), so Bitcoin could follow sooner or later.
Basic Impulsive Bullish Pattern should be made by five waves. It shows that Tesla and Bitcoin could be trading in wave (4) correction before a continuation higher for wave (5).
TSLA: Buy ideaOn TSLA, looking at the configuration on the chart, we would have a high probability of having an uptrend in the event of a strong break of the resistance line by a large green candle and followed by a large green volume.
TSLA healthy micro correction to 375$Tesla doing Tesla things again... We overshot our overarching (orange) target area by quite a bit wich is telling me that the market is quite heated and a short correction is overdue. Funnily we did exactly that. The market came up, hit the correction zone and is now on its way to visit the target area. Lets see whats next
$900 for Tesla ($TSLA) by 2030 | Will Never Go Below $300 AgainTesla appears to be in a long-term bullish trend with major wave formations suggesting significant future growth.
💡 Key Insights:
Current Price: $403.31
Next Major Targets:
- Wave (3): ~$765.57
- Wave (5): ~$910.78 and beyond
Support Levels:
Buying dips during corrections in the projected waves is advisable.
🚀 Strategy:
- Hold your long-term Tesla shares.
- Use corrective dips (e.g., Wave (4)) as opportunities to add positions.
This analysis supports holding Tesla for the long term with expectations of higher highs in the coming years.
Tesla Inc. (NASDAQ: TSLA) Comprehensive AnalysisOverview
Tesla Inc. (NASDAQ: TSLA) has been a focal point of market activity, showcasing significant volatility and creating substantial opportunities for both short-term traders and long-term investors. The current price is $411.58, with the stock trading below its absolute high of $488.54 recorded on December 18, 2024. This represents a deviation of approximately -15.75% from the peak. This technical and fundamental analysis will leverage advanced tools, including VSA patterns, price action analysis, and volume dynamics, to project future movements.
Technical Analysis
Key Support and Resistance Levels
Support Levels: $383.30, $376.04, $358.62.
Resistance Levels: $420.00, $430.50, $448.00.
Moving Averages
MA50: $394.08
MA100: $397.55
MA200: $413.63
The price currently trades above the MA50 but below the MA200, suggesting consolidation within a broader bullish trend. The RSI (14) at 70.76 signals overbought conditions on shorter intervals, necessitating caution for immediate buy entrie.
Volume Spread Analysis (VSA) and Patterns
Recent trading data reveals patterns indicative of institutional activity:
Buy Volumes (Jan 13): Closing at $391.96 with increased buying pressure, marking a 14.61% movement from its three-bar low of $380.07.
VSA Manipulation Patterns: A confirmed "Buy Pattern 3" formed on January 13, showcasing a potential bullish continuation with a high of $396.95.
Predicted Scenarios
Short-Term (1 Week):
Tesla appears poised to test its $420 resistance level based on bullish volume patterns. A break above $420 with significant volume could target $430 as the next level of interest. However, failure to breach $420 may result in a retracement to $400-$405 support.
Medium-Term (1 Month):
Given the observed bullish manipulation patterns and technical support at $383, Tesla may aim for a recovery toward its MA200 at $413. If sustained buying interest persists, the stock might challenge its December highs.
Long-Term (3-6 Months):
Tesla’s trajectory could see it revisiting the $450-$470 range, contingent upon macroeconomic conditions and its quarterly earnings surpassing market expectations. The psychological level of $500 remains a potential long-term target if the broader market maintains bullish momentum.
Stop-Loss and Target Levels
Proposed Trade Setup:
Entry: $412.00
Stop-Loss: $400.00
Target 1: $420.00
Target 2: $435.00
Target 3: $450.00
Fundamental Analysis
Tesla remains a key player in the EV market, with growing adoption of its vehicles worldwide. Its latest production numbers exceeded market expectations, signaling robust demand despite economic headwinds. Recent initiatives in energy storage and AI-based technology further diversify its revenue streams, underpinning its premium valuation.
Conclusion
Tesla's technical and fundamental indicators suggest a cautiously bullish outlook. While short-term retracements are possible, the stock's overall trend aligns with upward momentum, supported by strong institutional interest and robust fundamentals.
For further inquiries or personalized trading setups, feel free to contact me directly. All relevant indicators and tools used for this analysis can be found in the profile header.
Concept of Rays
Explanation of the "Rays from the Beginning of Movement" Concept
Core Idea
My proprietary analysis method is based on using rays constructed on Fibonacci mathematical and geometric principles. These rays create a system of dynamic levels that help predict precise asset movements and identify key zones where price interactions occur. Price interaction with these rays signals probable scenarios: either a reversal or a continuation of movement, but only after interaction and the appearance of dynamic factors and patterns.
Why Predicting Specific Levels is Not Possible
Financial markets are nonlinear systems, where price movement is determined by numerous variables, including market volumes, liquidity, macroeconomic factors, and participant psychology. Instead of attempting to predict specific levels, I propose analyzing probabilities of price reaction at pre-calculated key zones. Price interaction with rays provides additional insights into the direction and strength of movement.
How Rays Work
Fibonacci Rays: Each ray corresponds to a specific angle of inclination, which is mathematically significant and correlates with natural proportions and the start of movement.
Primary Advantage: Rays are constructed from the beginning of a movement pattern, rather than traditional extremum points commonly used in classical technical analysis. This allows for the rapid and accurate accounting of new trend or corrective movement phases.
Adaptability: When a new pattern emerges, rays are automatically adjusted to show the potential movement range. Price may exit this range and enter another, interacting similarly with a different ray.
Rays are Ascending and Descending: They define the boundary of the movement channel.
How to Use Rays
Historical Analysis: On historical charts, observe how price interacted with rays. This helps evaluate how often levels defined by rays led to significant movement changes.
Real-Time Monitoring: By observing current price behavior relative to rays, you can highlight key points where scenarios such as reversal or continuation are likely.
Confirmation Tool: Rays do not replace other analysis methods but enhance them, adding a structured perspective on market behavior.
Scientific Basis
Fibonacci proportions, underlying the construction of rays, are observed in nature, physics, and financial markets, making them a universal tool.
Geometric angles and trends are based on mathematical analysis of historical price behavior.
The principle of minimizing subjectivity in analysis is also applied: rays are constructed strictly algorithmically, excluding human bias.
Why It Matters
My name is Denis Mikheev, and my method does not offer magical solutions or "predictions" of exact price movements. Instead, it identifies key interaction zones where market participants, as well as automated market-maker algorithms, are likely to make decisions. This allows you to act based on probabilities, not guesses.
Example Visualization
On a chart with rays already constructed, you can see:
How price reacts to intersections or proximity to rays.
Where current interaction points may signal potential changes in movement dynamics.
Trade Safe!
Denis MikheevTheWaved™ Team
Tesla (TSLA) Stock Price Rises Above $400Tesla (TSLA) Stock Price Rises Above $400
According to the Tesla (TSLA) chart, the stock price increased by 2% on Monday, closing above the key psychological level of $400.
Bullish sentiment was driven by Morgan Stanley analysts raising their target price for Tesla (TSLA) from $400 to $430, citing the company's "highly promising" progress in autonomous vehicle (AV) technology.
From a technical analysis perspective, this upward move is notable. Applying a linear regression trend channel from early November, when Tesla’s stock began a sharp rise following news of Trump’s victory (supported by Elon Musk), reveals:
→ a reversal upward from the lower boundary of the trend channel;
→ the potential for an upward breakout through the resistance of the red descending trend line, which formed as the price declined from the record high near $488 on December 18.
This suggests that bulls may be attempting to resume movement within the regression channel. If successful, a reasonable target could be the median line of the channel, implying a potential price increase towards $450, with resistance at $426 being a key level to watch.
According to TipRanks:
→ 13 out of 34 analysts recommend buying TSLA stock.
→ The average 12-month price target for TSLA is $323.56.
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.
TESLA: First signs of the end of the pullback!! Pay attention!!On December 18th, the IVO indicator alerted us to weakness, which was confirmed with the oscillator on the 23rd. Since that day, Tesla has continuously decreased and is currently in a pullback phase, within a bullish trend. Therefore, we will only look for long positions when we clearly observe that the correction phase has ended.
---> What point are we currently at on the H4 timeframe?
TREND: Bullish
STRENGTH: Bearish
MOMENTUM: Bearish
OSCILLATOR: Showing oversold signals
FORECAST LINES: Bearish (price below the two red Ichimoku guideline lines).
---> When could be a good entry point for longs?
The correct point would be when an H4 candle closes above the first FORECAST LINE and MOMENTUM turns bullish.
---> And when will this occur?
When the price closes above 408.50.
---------------------------------------------------
Strategy to follow:
ENTRY: We will open 2 long positions if the H4 candle closes above 408.50.
POSITION 1 (TP1): We close the first position in the 442 area (+8%).
--> Stop Loss at 371 (-8.8%).
POSITION 2 (TP2): We open a Trailing Stop position.
--> Initial dynamic Stop Loss at (-8.8%) (corresponding to 371 of position 1).
--> We modify the dynamic Stop Loss to (-1%) when the price reaches TP1 (442).
SETUP CLARIFICATIONS
*** How to know which 2 long positions to open? Let's say we want to invest 2,000 euros in the stock. We divide that amount by 2, and instead of opening 1 position of 2,000, we will open 2 positions of 1,000 each.
*** What is a Trailing Stop? A Trailing Stop allows a trade to keep gaining value when the market price moves in a favorable direction but automatically closes the trade if the market price suddenly moves in an unfavorable direction by a certain distance. That certain distance is the dynamic Stop Loss.
--> Example: If the dynamic Stop Loss is at -1%, it means that if the price falls by -1%, the position will close. If the price rises, the Stop Loss also rises to maintain that -1% during the increases, thus decreasing risk until the position enters into profit. This way, very strong and stable trends in price can be taken advantage of, maximizing profits.
Setup: TSLATSLA : I have a swing trade setup signal. I'm looking to enter long if the stock can manage to CLOSE above the last candle high(BUY). If triggered, I will then place a stop-loss below (SL) and a price target above it(TP), then using the close below the 10SMA as my trailing stop loss. **Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(SL).
TSLA Breaks Key Levels! What’s Next for Bulls and Bears? Jan 14Technical Analysis Overview:
4-Hour Chart:
* Trend: TSLA has broken a descending trendline, signaling a potential bullish reversal.
* Indicators:
* EMA (9/21): The price is trading above the 9 EMA and 21 EMA, indicating bullish momentum.
* MACD: Shows a bullish crossover, with increasing momentum in the histogram.
30-Minute Chart:
* Price Action:
* Recent price action shows a strong move above the $405-$410 consolidation zone.
* The stock faces resistance around $420-$426, aligning with the next CALL GEX wall.
* Volume: Rising volume supports the upward breakout, indicating strength.
Key Levels to Watch:
Support Levels:
* $405: Previous breakout level, now immediate support.
* $395: Gamma level with significant PUT support.
Resistance Levels:
* $420: Strong resistance, aligning with CALL GEX.
* $426: Major resistance, coinciding with the 2nd CALL Wall.
GEX Insights:
Key Gamma Levels:
* Positive Gamma Walls (Resistance):
* $420: 26.44% GEX7.
* $426: 27.65% GEX8 (3rd CALL Wall).
* Negative Gamma Levels (Support):
* $380: Significant PUT Wall (-9.19% GEX).
Options Metrics:
* IVR: 74.5, indicating implied volatility is relatively high.
* IVx: 70.2, slightly below the average, suggesting some cooling.
* Call/Put Bias: 64.8% Calls dominate, showing bullish sentiment.
Trade Scenarios:
Bullish Scenario:
* Entry: Above $420, targeting $426-$430.
* Stop-Loss: Below $405 to mitigate risk.
Bearish Scenario:
* Entry: Rejection at $420, targeting $405-$395.
* Stop-Loss: Above $426 to limit losses.
Directional Bias:
* The breakout above the descending trendline and strong GEX metrics lean bullish in the short term. Watch for a decisive move above $420 for continuation.
Conclusion:
TSLA's recent breakout signals potential bullish momentum, supported by rising volume and strong options flow. However, the $420-$426 resistance zone is critical. Traders should monitor for sustained moves above $420 for bullish confirmation or rejections for short opportunities.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always do your research and manage risk effectively.
The Best Correction for Tesla We’ve Seen in Months 🚀 The Best Correction for Tesla We’ve Seen in Months – Targeting $486! 🚀
📊 Trade Setup:
Entry Price: $380
Take Profit 1: $418.19 (previous support)
Take Profit 2: $486 (recent high)
Stop Loss: $350 (below the trend line)
📈 Analysis:
Tesla has seen its best correction in months, providing an incredible buy opportunity at a discount. The price recently hit a support level on the bullish trend line and is now showing early signs of upward movement. With a strong uptrend still in place, we’re looking for a potential move towards the previous support at $418.19 and ultimately the recent high at $486.
🎯 Targets:
$418.19: Previous support zone
$486: Recent high, key resistance level
🔹 Risk Management:
Stop loss set at $350, safely below the trend line, ensuring proper risk control.
⚡ Are you ready to ride the bullish trend with Tesla? Drop your thoughts below! ⚡
Mastering the Art of Identifying Optimal Entry Points for Price In this informative video, I delve into the fascinating world of price reversals and how to identify the best entry points for maximizing your trading profits. Join me as I uncover proven strategies and cutting-edge techniques for spotting key reversal signals in various markets. Whether you're a seasoned trader or just starting out, this video will equip you with the knowledge and insights needed to recognize optimal entry opportunities, helping you navigate the markets with confidence and potentially achieve remarkable returns. Don't miss out on this valuable resource to enhance your trading skills and take advantage of lucrative price reversals.
TSLA: Sell ideaOn TSLA as you can see on the chart, on a time unit of 15 minutes, we have the breakout of the vwap and the support line. This means that we would have a high probability of having a bearish trend.
What’s Next for Tesla: $440 or $340?Good Morning, Trading Family!
Here’s the plan: if Tesla moves up to $398 and breaks above it, we could see it head to $440. But if it starts to drop, it might go down to $374 and bounce back up. If it falls below $374, we could see it drop further to $340.
This Sunday, I’m hosting a webinar about how emotions can hurt your trading and how to stay in control.
Send me a message or check my profile for more info. If this analysis helped, like, comment, and share it with others.
Kris/ Mindbloome Exchange ( ME)
Trade What You See
A bullish outlook for Tesla next week as market sentiment shifts
- Key Insights: Investors should watch Tesla closely for potential rebounds as
the stock approaches key support levels. A breach above $400 may signal
bullish momentum, while maintaining above $373 is crucial to avoid further
declines. The upcoming advancements in autonomous technology and robotics
may positively impact earnings.
- Price Targets: Next week targets: T1= $404, T2= $414; Stop levels
(S1, S2): S1= $371, S2= $365.
- Recent Performance: Tesla's stock has experienced volatility recently,
navigating a bearish trend with support at $373. While the bears remain in
control below this level, signs of resilience and cautious optimism are
being noted among investors.
- Expert Analysis: Experts present a mixed sentiment with a slight bullish tilt
at 55%. A sustained close above $400 could lead to a price target near $504
in the upcoming weeks, contingent on technological advancements and positive
regulatory developments.
- News Impact: Tesla's focus on ramping up Optimus robot production and expected
regulatory credits from European automakers may significantly enhance
revenue potential. Announcements regarding the expansion of supercharger
networks and production improvements are pivotal and could shift investor
sentiment favorably.
Teslaa hanging around short term support - ShortTesla is around a crucial support area of 379-380, a recent bounce from these levels did not produce a weekly close above the psychological level of 400. A breakdown of the support level, (this can be seen as a daily close below this level) can create a short term bearishness in the stock, which will be seen as a profit booking before the earnings later this month
TSLA Technical Analysis & Options Insights * Price Levels to Watch:
* Support Levels: $385 (key PUT Support Zone), $375, and $365 are critical downside levels.
* Resistance Levels: $395, $415, and $425 are potential upside targets, with $415 aligning with a significant call wall.
* Current Market Structure:
* TSLA is consolidating within a tightening range, forming a potential triangle pattern. Price has been oscillating between $385 and $395, indicating indecision.
* A breakout or breakdown from the current range will likely set the direction for the next significant move.
* Indicators:
* MACD: Currently flatlining, indicating low momentum. A crossover in either direction could provide confirmation of the next move.
* Volume: Decreasing during consolidation. Watch for a volume spike during a breakout/breakdown.
Options & GEX Analysis:
* Key GEX Levels:
* Call Resistance: $415 (91.64% GEX9), $425, and $450.
* Put Support: $385 (-55.38% GEX10), $375, and $365.
* Highest Call Wall: $415, a critical level for upward movement.
* Highest PUT Wall: $385, a significant support level.
* Implied Volatility (IV):
* IVR: 73, indicating higher implied volatility, which is suitable for premium-selling strategies.
* IVX: 67.4, reflecting an elevated risk for directional trades.
Potential Scenarios:
* Bullish Case:
* A break above $395 with strong volume could see TSLA targeting $415 or $425.
* Entry: Above $395 with volume confirmation.
* Target: $415, then $425.
* Stop-Loss: Below $385.
* Bearish Case:
* A break below $385 could lead TSLA to test $375 and then $365.
* Entry: Below $385 with volume confirmation.
* Target: $375, then $365.
* Stop-Loss: Above $395.
Key Note for Pre-Market:
* Price Action Reminder: TSLA might gap up or down during the pre-market session. Reassess the support and resistance levels before entering trades based on market movement.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Trading stocks and options involve risk, and you should conduct your research or consult a professional before making any decisions. If you have questions, feel free to contact me directly.
#Tsla #bullish trend#Tsla levels to watch for bullish trade ideas
bullish trend indicators:
trendline support
previous high retest zone 380 to 400
200 ma support
Above 380 : Buy zone
bearish indicator:
breakout trendline
sink below 380 and 200ma can retest 340-350 zone
which gives up bull scenario if levels fails to hold support
can retest gapup zone at 320, thats a buy zone
Tesla 1/1/24 - 8/31/24 Elliot Wave AnalysisMy expectations for TSLA over the next couple of months based on its current Elliott Wave structure.
Right now, we’re in wave 4, and while I can’t predict exactly when it will end, I’d expect it to continue until Tesla’s earnings report on January 29th. This might be the catalyst needed to bring the stock out of wave 4.
I’ve mapped out the three possible scenarios for wave 5, each with its respective Fibonacci levels to provide a clearer picture of potential outcomes. Based on the Fibonacci time zones, wave 5 could likely end sometime in August.
Of course, the market is always changing, and no analysis is ever set in stone. I’ll continue to update this chart as needed to reflect new data and developments.
359 a major obstacle one that stands out to shineWith other major indicators backing this move, the 2 candles (last 2 sessions/Daily) have a sense of bottom before the push, but others seem to be lacking and not everything is adding up to obtain that sustainability and insurability that this can bounce from here even a slight move up can be proven as false.
TESLATesla has started correction instead of impulse last week, we will expect this correction to last this week and give us reaction near 450.
Tesla (TSLA) | Time to Buy - Don't Miss This OpportunityTesla is currently in a corrective wave pattern with potential for further upside if the current structure holds.
💡 Key Levels:
- Current Price: $394.64
- Support (Invalidation Level): $372.32
Target Zone: $573.20 (Long-term projection)
🔍 Analysis:
- Tesla seems to have completed Wave 4 and is forming the early stages of Wave 5.
- The invalidation level at $372.32 is critical. If this level holds, the bullish scenario remains intact.
⚡ Outlook:
A break above the corrective structure could signal the continuation of the next impulse wave toward $573.20.
TSLA: Bearish Pressure and Potential Pullback🔥 Potential Price Targets:
🩸 Near-term Goal: $394.74 (1-2 months)
🩸 Long-term Goal: $420 (3-4 months)
🔥 LucanInvstor's Strategy:
🩸 Short: Below $394.74, targeting $380 and $360. The MACD remains negative, and the price is below the 9-day EMA, indicating further downside.
🩸 Long: Above $420, targeting $430 and $440. A breakout above resistance could lead to a rally, but short-term bearish momentum remains a concern.
🔥 LucanInvstor's Commands:
🩸 Resistance: $420 — A critical resistance level; a break above this could trigger a rally.
🩸 Support: $394.74 — A key support level; a breakdown below this could lead to further declines.
Tesla is facing bearish momentum in the short term, with MACD confirming the downward trend. A breakdown below key support could trigger more downside, while a breakout above resistance may lead to a brief rally.
👑 "Clarity in your moves defines your success."
