Tesla analysis for mid octoberTesla is oversold after the robo event, its expected to recover and fill that gap to the upside on the macd pull back, along with money flow bullish divergence all on 1hr chartLongby TrendsandCycles1
TSLA Technical Analysis for Tomorrow (10/14/2024)Key Levels: Support Levels: $214.40: This is a key support area, where price found a reaction in recent sessions. A break below could lead to further downside pressure. $210.00: A psychological level below $214.40 that may act as the next major support if the bearish momentum continues. Resistance Levels: $217.97: Immediate resistance level that TSLA would need to break to reverse the current bearish trend. $220.00: Another important resistance zone that could potentially slow a price recovery if broken above $217.97. Indicators: The MACD is showing bearish momentum with the histogram reflecting increased selling pressure. The signal line remains below the MACD line, suggesting continued downside risk in the short term. Volume: Volume is steady during the sell-off, which may indicate that sellers are still dominant in the market. A lack of strong buying volume suggests limited bullish activity at the moment. Price Action & Trend: Bearish Trend: TSLA has been in a clear downtrend, with lower highs and lower lows. The price action reflects continued selling pressure. If TSLA fails to hold the $214.40 support level, it could continue to test lower price targets. Bearish Scenario: A break below $214.40 could see TSLA test the next support near $210.00. Given the bearish momentum, this level could be tested unless buyers step in to halt the decline. Bullish Scenario: If TSLA manages to hold $214.40 and break above $217.97, there may be a short-term recovery toward the $220.00 resistance level. Plan for Tomorrow: Entry for Shorts: Below $214.40, targeting $210.00 or lower if bearish momentum continues. Entry for Longs: Above $217.97, aiming for a move toward $220.00 if buyers start to show strength. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. I am not responsible for any losses incurred from trading based on this analysis.by BullBear-Insights5
TESLA The Target Is UP! BUY! My dear friends, TESLA looks like it will make a good move, and here are the details: The market is trading on 217.76 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 234.79 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 ——————————— WISH YOU ALL LUCK Longby AnabelSignals1115
Those holding Tesla shares still need a lot of patience.Since the beginning of 2021, Tesla has been restricted by a resistance zone for upward movement, resulting in the price fluctuating within a range of monthly candles. However, the linear regression channel, which has been in place since 2011, will enforce a price increase within a few months.by roni4ever1112
Whats next for tesla?Because we lost the cup and handle i removed my drawings from last chart. i am still bullish on tesla, i was still prepared to that drop technically. it made sense for me that wallstreet investors and hedge funds would like to to buy on low prices after we robot. i bought me more shares of tesla (i bought at 188 on aug 5 and now at the drop ) and i plan to test resistance and basically hold for value investment because i do believe in the company and everything they do. The liquidity play was easy for me to identify so im not phased by the drop and i wouldnt be phased by some more panic sellings, on my previous post i showed my plans and my thoughts. The plan is the plan, the lines are the lines the data is the data. The double top on the right shoulder should be somewhat concerning to some players but if its to play a retest and a bearish reaction is high probability (fill the gap and nuke) so if we dont have power i will have an exit and protect my capital at profit. im bullish long term for me this is a swing fail pattern on the daily chart ezpz profits. if it loses? it aint nothing to a boss give it 10 years i'll do 30x head and shoulders target is around 400 usd (not changed from the cup and handle)Longby Captainobvious54546
Tesla needs to hold 208.98 floorIf Tesla pulls back to 208.98 and holds I would be long for potential rally with earnings coming up. Below 208.98 196.54 would be my first target.by MarketMechanic24330
TESLA Breakdown or Bounce? Critical Levels You Cant Miss!!!!Tesla (TSLA) just broke below a critical level, and now all eyes are on the $213 support. 📉 If bulls defend this zone, we could see a strong bounce toward $236 and beyond. However, if we lose this support, expect a drop to the next target at $207 and possibly down to $189. 📉 ⚡ Stay alert, traders—this could go either way! Watch for volume and price action around these levels. Are you ready to catch the move? 🚀 MB Trader by Mindbloome-Trading1
$TSLA Fibonacci Pyramid Smart Money Maker! Buys: 200.55, 177.25NASDAQ:TSLA Fibonacci Pyramid Smart Money Maker! Buys: 200.55, 177.25, 144.07 Target 300 🎯 Optimizing LOW RISK High Reward I am looking for new buys using the FIBONACCI pyramid Throw a few bucks on lottos and see where it goes ❤️if ur down!by tradingwarzone3316
$TSLA time and price probability Continual volatility surges in highlighted zone Uses: ✅High probability entires ✅Very tight and clear cut zones ✅dentifying exact contracts needed to buy accoeding to option chain bell curve by AmmaJammaTrades0
Buying Tesla at a Strategic Support Level – A Promising InvestmeWe're buying Tesla stock at the current price of $217 based on technical analysis indicating strong support at this level. With a stop loss set at $200 to protect capital, we're targeting the resistance level at $280 for profit-taking. This trade capitalizes on the continued bullish momentum of the stock, supported by Tesla's strong performance and positive market trends in the electric vehicle sector.Longby tickmill9223
TESLA: Long Signal with Entry/SL/TP TESLA - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy TESLA Entry Level - 217.76 Sl - 204.89 Tp - 240.31 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals225
$TSLA #TSLADespite recent sell off in tsla stock, I still believe in long term bull case for this company. Therefore i ll be adding on weakness ..check out details ..by pandhicapital1
TSLA in danger zoneOnce again I called another local top on TSLA, the fanboys and girls fought me about it and blindly bought more overpriced assets. I have been calling for this rejection for weeks/months. The stock is simply overpromised, overvalued, and overhyped. Lets take a deep dive at this updated chart. You will note that golden fib has rejected twice with conviction. Each time falling through the prior fib, we will likely revisit the initial wedge breakout again (bull trap). My belief here is that the market is starting to become overpriced, look at the falling average volume on TSLA (purple MA). This mixed with a potential breakdown of the OBV signals bearishness. My target here is 189$, I would not rule out a flash to 153$. I expect a short term bounce into earnings which is why I sold a bunch of CSP on TSLL around 9.5$ and bought commons. Shortby Apollo_21mil1
important supportThe price has reached the zone of the bottom of the channel and Fibo 62/ In case of exit from the channel and consolidation, the decline will deepen, the positive reaction to the bottom of the channel is considered the initial signal of a retracement, the reversal pattern should be seen in the lower timeframes.by mehrdad14767
TeslaTesla At 216$ Nice price to buy what is support this idea ? fibo 618 golden zone trend lineLongby husains9
TSLA - Compressed Spring ActionTSLA does lot of fake moves, stopped trading it short term. But Today's action showing a tight move ahead, either tmrw or next week. If this takes off like expected, can see 270 easily .Longby just4tradinUpdated 1112
TESLA Can it reverse the ROBOTAXI DISASTER?Tesla (TSLA) plummeted on opening today following yesterday's Robotaxi event, dropping as much as -10% intra day below its 1D MA50 (blue trend-line) and touching the 1D MA100 (green trend-line) for the first time since August 05. The market clearly considered the Robotaxi and the other aspects of the event a disaster fundamentally and the early impression is imprinted on this price collapse. The question on investors' minds is, can the company reverse the sentiment? Well, technically there is a big reason why the price has been pulling back since the September 30 High and that is simple. It has been rejected exactly on the Lower Highs trend-line that started on Tesla's All Time High (ATH) back on November 04 2021. As you can see, this powerful multi-year Resistance has already 5 rejections (red circles) under its belt. But on the bright side, the price has shown clear signs of reversing this long-term and the biggest is the Higher Lows since the January 06 2023 market bottom (the 2nd Higher Low on April 22 2024). On top of that we are seeing the potential for a Channel Up (blue) since the April 22 2024 bottom and is being supported by the 1D MA100. Below that, the last (symmetrical) Support Zone is offered by the 1D MA200 (orange trend-line) and the 195.00 level (so a zone roughly within 195.00 - 203.00). Below that, the recovery potential is endangered to a great extent. So to summarize, there are strong support levels that may cause yesterday's disastrous fundamental sentiment to reverse but most of all, Tesla needs to break above its ATH Lower Highs trend-line. If it does, the first target of the new Bullish Leg should be $380.00 (Higher High on the blue Channel Up). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot3332
Elon Musk’s EV Empire Unveils Cybercabs and Robovans. Now What?Highly-anticipated Robotaxi event offered a glimpse into what Elon Musk touted as “the future” — a driverless almond-shaped Cybercab robotaxi with no steering wheel or pedals and a Robovan that can ferry up to 20 people (but looks like a giant sliding toaster ). Both are futuristic and flashy. But can they generate revenue and keep Tesla churning out profits? That’s the question investors were asking while they pressed hard on the “Sell TSLA shares” button. Tesla (ticker: TSLA ) is introducing a new era. Years after it had released a new product (the Cybertruck in 2019), the electric-vehicle maker, towering over the EV space , is expanding its product suite with not one but two new sick wheels. Rolling up to the stage in one of them — a robotaxi called “Cybercab” — Elon Musk, Tesla’s chief executive, unveiled the driverless two-seater cab and an autonomous van conveniently called Robovan. “You could fall asleep and wake up at your destination,” Musk said on stage after he arrived one hour late. “There’s no steering wheel or pedals so I hope this goes well.” The other big reveal was a Robovan/Robobus that can pick up a total of 20 people at a time. The Robovan is especially odd-looking, which, according to Musk, is intentional. “We want to change the look of the roads,” said Musk. “The future should look like the future.” The icing on the cake was a new version of Optimus — Tesla’s humanoid robot. In its latest form, Optimus was spotted pouring drinks at the venue and dancing in fish tanks while flexing jacked forearms. Happening at the Warner Brothers movie set in Los Angeles, the hotly-awaited invite-only event had managed to sneak in 50 Cybercab prototypes and multiple humanoid robots. Of the few details laid out around the business model — the Cybercab is going to cost less than $30,000 with an operating cost of 20 cents a mile. “We expect to be in production with the Cybercab … in probably — well, I tend to be a little optimistic with time frames — but in 2026. Before 2027,” Musk said. How would that work? Musk is hoping that there will be millions of Cybercabs available to rent out from the owners through the Tesla app. “Your average passenger car is only used 10 hours a week,” he noted. “If they are autonomous they could be used five times more, maybe 10 times more.” Thus, it seems like Musk is betting on new owners looking to convert their vehicles into autonomous taxis, earning them a passive income. But there’s a long way to go — this new way of transportation requires regulatory approval and regulators don’t exactly have a reputation for being open-minded to new ideas. According to Elon Musk, Tesla’s future hinges on autonomous driving. Driverless vehicles are central to the continued growth and success of the EV maker. So much so that Musk has previously said that Tesla’s market cap could hit $30 trillion, or about 40 times the current valuation (or 10 times the market cap of Apple (ticker: AAPL ), the world's most expensive company .) For reference, the entire S&P 500 index is worth $50 trillion today. Tesla’s market worth may skyrocket 40 times but it won’t be today. The neon-filled scene giving futuristic vibes and Musk touting the new products as game-changers didn’t inspire investors to rush in and shove their cash into Tesla shares. Some key details were missing and that prompted investors to take a cautious stand. First off, from over 2 hours of livestreamed content , the presentation was just about 20 to 30 minutes and didn’t discuss anything about self-driving safety. No deep dives into the business model on the side of revenue or market share for driverless taxis. And with Musk’s broken promises — he had said that millions of robotaxis will be ferrying passengers in 2020 — investors went mild instead of wild. First trades at the opening bell in New York on Friday saw Tesla shares drop more than 10%. Was the event mostly razzle-dazzle and lots of glam and glitz? Or was there any real substance behind? Share your thoughts below!Editors' picksby TradingView2525185
TSLA covered call over earnings *again* I've sold $250 and $255 covered calls recently. Obviously huge gap down because of SELL THE NEWS style event... ;-) I really am not concerned. This is a buy the dip opportunity. I am happy to capture the premium from the call sale which is 1% and IF I sell at $255 in two weeks... amazing... :-) by Reallifetrading5
Tesla Opened with a Gap Down: What’s Next?Tesla Opened with a Gap Down: What’s Next? Tesla opened with a significant gap down, indicating a potential further price decline. However, there’s no need to rush into decisions at this moment. The stock may rise again to fill the gap before moving down, as shown on the chart. I expect Tesla to fill the gap near 232.50 - 237.80 before potentially declining further to 186. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Shortby KlejdiCuni9933
THE PLAN IS THE PLAN Like i said before and i will say again im bullish on tesla and after the event im MEGA bullish on tesla As i managed to anticipate the scam dump since yesterday on premarket dont think the market is bearish dont be triggered to think it is, DONT BOTTOM SHORT. We are at the 100 daily EMA and that is MEGA FAIR VALUE for WALLSTREET. This whole dump is to grab retail traders money. BUY NOW while you can. CUP AND HANDLE TARGET IS 400! We are right now on october lowest point and below the value area high and actually at the 3 months POC. i've been covering tesla since around august dont say you didnt know! TSLA MOONINGLongby Captainobvious54549
Tesla, Inc. (TSLA) Also Bearish (Major Correction Ahead!)I could write a thesis explaining why the TSLA stock is set to go down. In this thesis, I could make up all types of explanations supporting my bias, mentioning varied economic factors, global finance, historical market dynamics, politics, military conflict in the middle east and government reports. On the other hand, I can also keep it extremely simple and just show you this chart. Tesla, Inc. (TSLA) produced a high in 11-July 2024. On the 30-September, we have a lower high and today a full red candle showed up. As the lower high for September came in, trading volume has been the lower it has been in years and this is bearish. As this dynamic is playing out on this chart, other major stocks are also moving lower and the DXY has gone bullish. When the DXY goes up, tech stocks go down. ➢ TSLA is about to enter a correction similar to the one produced between July and August 2024, the only difference is that this one will be several times stronger, we are looking at a lower low. Thank you for reading. Namaste.Shortby AlanSantanaUpdated 5656114