TSLA - LONGTSLA - LONG im expecting tsla to go up from any of the levels, need to wait for buy setups on this levels and wait for clear conformation. technically tsla high probability to go up, it can go up ones clear the lquidys trade with care and risk small always use Sl -Ragu-Longby Ragunath-LondonPublished 1
$TSLA Rally Base Target Corrective Wedge Technical BreakoutHere on NASDAQ:TSLA we can see after such a massive move a lengthy consolidation period is needed before and ultimately substantial breakout. While NASDAQ:TSLA certainly has the probability of braking low and going to 50$ I will have to side with the Bullish case. Not for news or Fundamental points in its favor, but Pure technical analysis. Tesla has had a massive Rally, into a firm and long held Basing, which will ultimately lead to a breakout in my humble opinion Higher for another rally toward a target of 600 or so. Taking into consideration the May/Aug breakout cycle, if you haven't got into the stock already, it may be too late. Get ready for some butt blasting action as we take off into the heavens and never look back. Buy Me and I'll GrowLongby Midgar-Published 222
TSLA FOUR Technical reasons for a target down at 4201. Wolfe Wave projection takes us to 420 by end of May 2. Measured move from highest high to lowest low in the past 6 months takes us to 420 3. Real support is found at 420 if we look back at 2020 4. Gap that needs to be closed in same area I have sold credit spreads (multiple) at 670/700 in June Incidentally, QQQ will likely go down as wellShortby rph2750Updated 225
TSLA short potential, NVDA holds the key Following the decoupling of TSLA from NVDA and the NAS itself, the market has reacted somewhat irrationally to negative earnings surprises. We are watching AI bullish sentiment versus the lack of direction of participants regarding TSLA. The possible retest of the 0.618 for NVDA following its retracement should likely open the way for a short position. by dreamoflacunaPublished 111
This is so cool and can be so easy!I love explaining the simplicity of this. When you see it, you'll understand. My job is to explain what I'm seeing as best I can until you guys start to. Happy Trading :)03:00by ReigningTradesPublished 3
TSLA Elliott Wave Insight: A Bullish Path AheadTechnical Analysis of TSLA Based on Elliott Wave Theory Overview Based on the Elliott Wave Theory, we observe that TSLA has commenced a fresh impulse wave from the bottom of January 2023. This new wave marks the beginning of wave I in the red cycle degree, which concluded at the peak of July 2023. Following this, wave II in the red cycle degree began moving downward and concluded at the bottom of April 2024. It is crucial to note that wave II did not retrace beyond the start of wave I, confirming that the Elliott Wave principles have been adhered to. The bottom of wave I was at $101.43, and wave II concluded at $138.86, which is within the acceptable range. Now, wave III in the red cycle degree has started its upward journey, which is expected to show significant strength and momentum. Typically, wave III can extend up to 161.8% of wave I, implying a strong bullish trend. Subdivision of Wave III Within wave III in the red cycle degree, there are five subdivisions expected, labeled as wave ((1)) to ((5)) in the black primary degree. Currently, we have embarked on wave ((1)) in the black primary degree, which itself should also subdivide into five smaller waves labeled wave (1) to wave (5) in the blue intermediate degree. - Wave (1) and Wave (2) in Blue Intermediate Degree: These waves have already been completed. - Wave (3) in Blue Intermediate Degree: We are likely in the early stages of this wave now. Characteristics of Wave III Wave III is often the longest and most powerful wave in the Elliott Wave sequence. Here are some key characteristics and signs to watch for: 1. Momentum and Strength: Wave III usually exhibits the strongest momentum and covers the most distance in the shortest time compared to waves I and V. 2. Volume Increase: There is often a significant increase in trading volume, reflecting heightened investor interest and confidence. 3. Impulsive Nature: Wave III is impulsive, meaning it moves in the direction of the larger trend. This is often driven by fundamental news and investor sentiment. 4. Extension: It is common for wave III to extend, reaching up to 161.8% of the length of wave I. 5. Subdivisions: Within wave III, there should be clear five-wave subdivisions in lower degrees, following the typical Elliott Wave structure. Roadmap and Invalidation Level The roadmap for TSLA suggests a bullish trend ahead, supported by the structure of the waves and the characteristics of wave III. The key invalidation level to watch is $138.86. As long as this level is not breached, the bullish outlook remains valid. - Wave III Target: Ideally, wave III could extend to around 161.8% of wave I. - Key Invalidation Level: $138.86. If TSLA breaks below this level, it would invalidate the current wave count and necessitate a reassessment of the wave structure. Conclusion The Elliott Wave analysis of TSLA indicates a strong bullish trend with the commencement of wave III in the red cycle degree. This wave is expected to show substantial strength and momentum, with a likely target near 161.8% of wave I. As long as the invalidation level of $138.86 holds, the bullish bias remains intact. Investors and traders should watch for the key characteristics of wave III and monitor the wave subdivisions closely to confirm the ongoing wave structure. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing. Longby RK_ChartsPublished 4442
Base Breakout TSLA has been building up a strong base and has begun to tentatively breakout. Buy to open at:191 Profit Target 1:209 Stop Loss: 177Longby PappyTradingUpdated 1
TSLA Daily H&S, next move +$200NASDAQ:TSLA is moving higher and going through several resistance levels on $180, now turning support. Reasons why TSLA may go bunkers at the end of this year. The AI opportunities for TSLA are crazy, people are not seeing this. FSD is the best in the world and will have great $$$ impact as they do the RoboTaxi. Robots! Optimus will be amazing in the next 5 to 10 years pushing TSLA to over $10,000 per share. Finally, BTC!!! Elon an BTC are connected so they won't pass the opportunity once it comes again. Longby CriptoJoePublished 1
very good opportunity to acquire here and hold it $1000 a share.very less down side and high upside. we are pretty much bottoming out here. the real worst case is 98 next 135, next 150, next 165, next 170. Upside by 08/08/2024 is 209-219 range Upside by 06/20/2025 is around 300 Upside by End of 2025 $420 Longby crypto_minutePublished 0
TSLA long IdeaTSLA long idea: My Indicator is flashing buy on TSLA. Momentum is building so TSLA should go up for here. Entry, SL and TP Levels are marked on chart.Longby sdevangUpdated 224
TESLA futureThe future of Tesla looks bright. Elon Musk is telling you this already. You just need to listen. Tesla > Nvidia soon.Longby Ben_vouhPublished 8
TSLA Long... In A Year.NASDAQ:TSLA has been on the low lately thats no mystery. haven't had a crazy hyped up bull run in a while. tsla has been respecting this triangle pattern for years now... looks like around beginning of 2025 we should see another bull run assuming the company grows and profits look up.Longby LARD_ASSPublished 2
TSLAIt looks like Tesla is forming a head and shoulders pattern. We need to give it a bit more time to fully develop the right shoulder for a clearer picture of the pattern. by AmyThongbaiPublished 2
$TSLA Once In a LIFETIME?My Plan: 190C>186.72 | 180P<182.85 Powerful Inside Day Close sitting in a Fair Value Gap! It's TIME for a breakout TSLA has been lagging whole names like NASDAQ:NVDA keep exploding ❤️and I WILL DROP 3 MORE TOP BONUS PICKS! FREE #OPTIONS Ideas (BONUS PICKS) Scale out when above 25% Profit NASDAQ:AAPL 220C>218.07 | 210P<213.56 NASDAQ:AMZN 185C>184.00 | 180P<181.72 NASDAQ:MSFT 450C>449.62 | 445P<445.42 WATCH FOR BIG BREAKOUTS!by tradingwarzonePublished 1116
Tesla Falling wedge breakout in play. Everyone is negative. Capitalize on the negativity. Charts are truth. Longby HumanIntelPublished 111
TSLA: Buy ideaOn TSLA this morning given the configuration on the chart we would have a high probability that the market would go up.Longby PAZINI19Published 6
Does Fibonacci Really Work?It's hard to understand how the Fibonacci sequence presents itself in price action. I remember I used to think it was nothing more than lines drawn in a chart in a fancy manner. However, as I began to learn about probability distributions, I began to understand where the sequence reared its head into price action. Although I don't fully comprehend the theory behind the Fibonacci retracement, I did find a mathematical demonstration that proves price action and this sequence are related. You can find the demonstration in the link below. I'm unsure, but I believe this is peer-reviewed. www.researchgate.net However, you will notice that this approach is extremely different to the Fibonacci retracement. They look nothing alike. However, it's an interesting concept which could Shead light into understanding the fractal that governs price action. One of which is the Sierpinski triangle So does the Fibonacci retracement actually work? Well I don't know, but there is only one way to find out, so lets try itLongby DarkMessiah777Published 1
A better DCA strategy that you need to start using. We all know about Dollar Cost Averaging positions over time. However allow me to introduce you to a weighted DCA strategy that gets you a tighter average and retains additional capital over time ready to be allocated at "better prices". First take your monthly $ allocation to your desired Ticker *For this example we use $400 added monthly and TSLA as the Ticker We break the monthly add into 1/4ths So if we have $400 That = 4 lots of $100 dollars. Set an Auto buy to $100 (as well as auto div reinvest if there is one) *This feels like we're leaving too much on the table and not invested, but this is what gives this strategy the sauce. *We use the Daily chart over a year timeframe for consistency. If RSI is >= 60 we leave the auto buy of $100 (1/4) as is and save the remaining 3/4s to allocate at another date. If RSI is >= 50 -60 we buy another 1/4 ($100) (totaling $200 or 2/4s of monthly allocation) If RSI is <= 30 we allocate the other 3/4s ( $300 ) for a full 4/4s monthly allocation _We will also @ RSI <= 30 allocate 1/4 of all saved monthly allocations As seen in the Chart this occurs in Feb of 2024 where we buy $400 ($100 auto buy + $300 manual) and from $1300 reserves we've accumulated we use $325 to purchase additional shares. This leaves us in great shape, we have a much tighter avg while also maintaining funds ready to specifically purchase more shares at a better price without the fomo. The monthly breakdown of DCA'd shares looks like this Shares DCA'd Jul .35 Aug .789 Sep .794 Oct .773 Nov 1.94 Dec .84 Jan .84 Feb 3.90 mar 1.06 Apr 1.225 may 1.109 Jun 1.13 14.75 shares over 1 year Total Invest $3025 AVG/Share $205 (9% better Avg than regular DCA) W/ $1775 available for RSI < 30 situations Any questions/ opinions welcomed. Good Luck out there.Longby AngryBuhdaPublished 5
TSLA tight rangesTSLA is in a very tight range with updated supply and demand zones. I got a good entry on a long-dated LEAP and have been selling covered-calls against it on green days. Dipping into the red box is a great place to sell calls. Dipping deep into the green box is a decent spot to add shares, or LEAP calls or sell puts. The 20 EMA has been taken with a candle body which is the starting sign of a reversal through this supply zone. Note that the 50 EMA rides the top of the supply zone, this serves as resistance. I would be happy to see TSLA range here for a bit so I can sell more calls against my LEAPs. -We need to retake 200$ for me to flip momentum to bull mode since May 24by Apollo_21milPublished 0
Stocks pairs trading: SLB vs TSLALet's examine the trade potential for Schlumberger (SLB) and Tesla (TSLA) by analyzing their key financial metrics and recent performance to determine reasons for going long on SLB and short on TSLA. Price-to-Earnings (P/E) Ratio: SLB: P/E ratio of 14.53 TSLA: P/E ratio of 47.90 SLB's lower P/E ratio indicates it is more attractively priced relative to its earnings compared to TSLA. This suggests SLB might be undervalued, while TSLA’s high P/E ratio could imply overvaluation or high growth expectations that may be hard to sustain. Performance Metrics: SLB: Perf Year of -8.91%, Perf YTD of -16.16% TSLA: Perf Year of -26.75%, Perf YTD of -24.57% Both stocks have seen declines, but TSLA’s performance has been notably worse over the past year and year-to-date. SLB's more moderate decline may indicate more stability or resilience in its market sector. Recent Developments: SLB has reported strong first-quarter results, beating both earnings and revenue estimates, and has been active in strategic acquisitions aimed at bolstering its technology portfolio and positioning for future growth in lower-carbon technologies. SLB reported earnings per share (EPS) of $0.75, above the analyst estimate of $0.69, and revenue of $8.71 billion, surpassing the estimate of $8.03 billion. SLB’s strategic moves include repurchasing 5.4 million shares of its common stock and entering a joint venture with Aker Carbon Capture, enhancing its position in the carbon capture market. Decision: Long on 4 SLB : SLB’s lower valuation, reasonable debt levels, strong profitability, and proactive strategies such as stock repurchases and dividends make it a solid choice for going long. Short on 1 TSLA : TSLA’s high valuation, despite strong growth prospects, coupled with its recent poor stock performance, suggests it might be overvalued and could face further downside pressure.by joynyPublished 1
TSLA: AnalysisOn TSLA today can see on the chart that the sellers broke the vwap indicator by a large red candle and followed by a large red volume. Furthermore, as always shown on the chart, we have a high probability that the market will go up.by PAZINI19Published 9
TSLA Shares Revive After Shareholder MeetingTSLA Shares Revive After Shareholder Meeting Last week, Tesla held a shareholder meeting where the main events included: → Shareholders approving Elon Musk’s $56 billion compensation package in TSLA stock options; → Relocating the company’s legal headquarters to Texas; → Elon Musk’s statements on robotics, asserting that Optimus robots could make Tesla a $25 trillion company. Approving the massive compensation eliminated the risk of Musk leaving the company (which would likely have caused a sharp drop in TSLA stock price). The billionaire thanked shareholders and today, 18 June, posted on X (Twitter) announcing that he is working on a new master plan for Tesla’s development, likely focusing on the prospects of Optimus robots. Additionally, news emerged about the launch of Tesla Model 3 sales at a new price in China. This spurred activity in the TSLA stock market. According to today’s TSLA stock technical chart: → The price is in a downtrend (shown in red); → Throughout May, the price fluctuated with low amplitude around the $177 per share level – this led to the ADX indicator dropping to minimal values. However, recent events suggest increasing volatility. → If Musk’s increased activity with Tesla gains investor support, this could lead to heightened demand and a bullish breakout of the median line of the red channel; → The price may then continue to form an ascending channel (shown in blue), which is becoming more apparent – for instance, rising towards the upper boundary of the red channel. However, analysts remain sceptical for now. According to TipRanks, the average 12-month price target for TSLA shares is $176.96 (a 5.59% decrease from current levels). Read analytical TSLA price forecasts for 2024 and beyond. Buy and sell stocks of the world's biggest publicly-listed companies with CFDs on FXOpen’s trading platform. Open your FXOpen account now or learn more about trading share CFDs with FXOpen. 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.by FXOpenPublished 4427
Tesla Looking bullishNASDAQ:TSLA SP:SPX NASDAQ:NDX Tesla looking bullish with a setup that has broken out previously to the upside. Longby Ryan1993Published 775