TSLA trade ideas
Will TSLA Break Out and Reach $382?Disclaimer: This analysis is not a buy recommendation, nor a guarantee that the price will reach the mentioned targets. The goal is to share a technical perspective to provide useful information for traders and investors. In technical analysis, there are no absolute certainties, only scenarios based on historical patterns.
The weekly chart of NASDAQ:TSLA is currently in a period of indecision, which could evolve into a new uptrend, possibly forming wave 3 of an upward movement. Entering after the confirmation of this trend would follow a classic technical analysis approach, as mentioned by John Murphy in the first chapter of Technical Analysis of the Financial Markets (page 4):
"The primary goal of analyzing market price action through charts is to identify trends in their early stages for the purpose of trading in the direction of those trends."
Target Projection for Wave 3
If the uptrend is confirmed, Murphy also describes a way to calculate the minimum target for wave 3 (chapter 13, page 345):
"A minimum target for the top of wave 3 can be obtained by multiplying the length of wave 1 by 1.618 and adding that total to the bottom of wave 2."
Applying this to the TSLA chart, the estimated target for wave 3 would be around $382.00 .
Possible Weaker Trend?
A factor that could reduce the expectation of reaching this target is also described by Murphy (chapter 13, page 346):
"In a weaker trend, the maximum percentage retracement is usually 62%."
The amplitude of wave 2 in TSLA shows a retracement between 66% and 78.6% , suggesting a possible weaker trend, which could decrease the probability of reaching the 1.618 target for wave 3.
What do you think? Do you believe TSLA will develop an uptrend? If so, what could contribute to reaching the 1.618 target? Or does the retracement of wave 2 suggest a weaker trend? Share your thoughts in the comments, and let’s discuss the possible directions for TSLA’s price!
Tesla Eyes $350 Break: Will We Soar to $371 or Pull Back First?Hey trading family, here’s the scoop on Tesla right now:
We’re looking at a possible break of $350, which could take us to the $371 zone. From there, we’ll need to see if the market has the strength to push higher or if it pulls back, possibly to $359 or lower.
On the flip side, if the market corrects from here, we could see a dip to $340, maybe even $335.
Stay chill, watch the levels, and let Tesla show you where it’s heading next. Always trade what you see!
Mindbloome Trading / Kris
Tesla is on a massive bull runLarge cup and handle on weekly charts, made over a course of 950+ days.
Currently retracting from berish Gartley pattern and will resume upside journey from either 310 or from 273. Price target 500+
Tesla Analysis and TargetI have analyzed and used the wave and trend. I have also applied Gann technique and projected this target in one hour.
TSLA RetracementAS per the FIB levels drawn from recent swing low to highs
It looks like we can expect a bounce back from the following levels
313 , 300 and then 270
Although 330 is also a consideration but 313 and 300 are very strong candidates . This bounce back will mean the next stop should be 400+
tesla still has a shot at ATHthis bull market has carried tsla to prices not seen since september 2022. with the size of the bounce and the consolidation in the s&p500 volatility is expected to rise in this name. the trend continuation could happen at any of these market structure levels, an i would remain long the stock on any breakout or bounce from these levels. ive used horizonfal lines to mark out support, resistance and pivot levels that could sway price. is aim as high as ATH or as low as pwVAH.
TESLA option play planFirst of all thanks to papa E and orange toasty for becoming besties, we getting the mad pump.
Second of all it was a reasonably easy bet to take. Why take 2x on vanilla trump vs harris when you can slap on some out of the money option calls? its a full win/lose bet but the options get you 5-10x average for this one.
Risk - Reward ratio is everything. If your taking the risk make sure the reward pays for it.
Putting this one down so I can reference going forward. Yeh we might go flat for few months.. or dump because of tarrifs and xyz blah blah,, but This is just the strong bull option which is the scenario im aiming to hopefully play.
Euphoria/blow off phases tend to have two main features
1. its velocity/momentum is faster than you think (its over before you know it; just when your getting really excited)
2. it tends to go higher than you thought
PE ratios, valuations etc are hinting at top energy here.
lets ride it and hopefully jump ship in time.
Very bullish on $TSLALooks absolutely primed. Bouncing off all the monthly VWAPs/EMAs. Loads of price support. This could easily go to $276 and potentially $360.
I suspect this may go nuts if the Feds cut rates in Sept.
Post-earning spike and holdI missed this yesterday when it happened in the morning open. NASDAQ:TSLA did a spike at the 50% Retracement of the post earnings rally. Support is established... the stops know where to be. Looks like a good rallying point.
Thoughts on my buy zone for TSLA? 1st zone is previous support from Q1 2022.
2nd is previous resistance from Q3 2022.
#TESLA Reach Local HighThe yellow arrows on the chart indicate strong upward price movements that reached local highs, marking significant bullish rallies. Each yellow arrow highlights a period where Tesla's stock price made a notable advance, reaching a local peak before eventually pulling back. These movements are quantified by the percentage gains annotated above each arrow, showing substantial upward momentum in each rally:
First Yellow Arrow (Left): This arrow shows a sharp upward movement, leading to a local high. The gain is marked at 436.74%, indicating a major price increase over a relatively short period, followed by a consolidation phase.
Second Yellow Arrow (Center): This arrow also highlights a strong price rally, where Tesla's price rose by 153.57% before hitting resistance, resulting in another local high.
Third Yellow Arrow (Right): The most recent arrow shows a gain of 119.06%, reaching a local high near the 312 level. This suggests a recent attempt to break above resistance and could indicate the start of another bullish trend if it sustains above this level.
These yellow arrows reflect Tesla’s potential to experience sharp bullish movements, often followed by pullbacks, making these areas key points for traders to consider entry or exit strategies based on momentum and resistance levels.
TESLA new all time high soon .......... (!)NASDAQ:TSLA
Tesla yesterday finally went over Neckline of INVERSE HEAD&SHOULDER which points to 500 (!)
Please note also that we will make in Weekly Candle a very strong BULLISH ENGULFING which brings us a lot of upside potential into year end (!)
Tesla I Surge by 12% and more potential growthWelcome back! Let me know your thoughts in the comments!
** Tesla Analysis - Listen to video!
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Tesla Hits Target! ~100% Profit! Time to Lock in Gains?A little over a month ago, I shared a post about Tesla with a target zone of around $280–$300. I’m pleased to report that the price has now reached this level!
This year, I shared two ideas on Tesla:
The first was in April.
The second was in early August.
Today, Tesla has moved into this target range, presenting an excellent opportunity for those who entered in April (potential returns up to +100%) or in August (around +45%) to consider taking some profits.
What to Consider Now? The $280–$300 range has historically been a strong resistance zone, with multiple rejections in the past. If you’re looking to lock in gains, this could be a favorable moment. For those with a longer-term outlook, holding through this level is also an option, though some consolidation or a pullback in this range could occur, so be prepared.
This move into the target area highlights the power of technical analysis in identifying optimal entry points and potential exits.
Congrats to everyone who followed along and caught this move!
Best regards,
Vaido
TSLA - Still a Buy But Be Patient!!!Hope you read my last TSLA idea and bought a little Tesla! When it comes to fundamentals, the most important fundamental is innovation!! Is a company innovating and making new projects which creates new wealth for shareholders?
Well Tesla is that company and it is still a BUY in my book. However I would let the market cool off here from the Post election rally.
This is going to be one of those companies that you want to hold period, this is an Apple, NVDA, AMZN type stock which continues to push the boundaries of technology and that is what I want to own.
If you have other companies that are pushing the boundaries of technology, put them in the comment section so I can take a look.
Tesla's Next Big Moves: Buckle Up! Alright, here’s the lowdown: Tesla’s sitting right at $241 support, gearing up for a possible push up. If we hold this level, we’re eyeing $266 as the next stop. But here’s the kicker—if we fall below $241, that support could flip, and Tesla might tumble hard, possibly all the way to $157. Let’s keep it simple and watch the levels!"
Easy Breakdown for the Ride:
Where We’re at Now: $241 Support
Right now, Tesla’s hanging at the $241 mark, and this level is holding it steady. Think of it as the safety net. If we keep pushing up from here, we’ve got some exciting targets on the way.
Targets if We Move Up
First Target: $266
If we get some upward momentum and hold above $241, $266 is our next pitstop. This could be a nice level to watch for some gains.
Second Target: $279
Breaking $266 with strength? Then we’re looking at $279 as the next destination.
Big Target: $298
If the trend stays strong, $298 is the big target. But let’s keep it easy and focus on one level at a time!
The Drop Zone: Below $241
Here’s the flip side. If Tesla loses $241 support, this level could actually help the price go lower instead of higher. That could mean a big drop, and the next stop down could be as low as $157. So, eyes on this level—$241 is the line between bulls and bears right now!
Trading Tip
This setup is all about those key levels. If we stay above $241, we’re in the clear for now. But if $241 breaks, be prepared for a potentially deep drop. Keep your levels marked, stay flexible, and enjoy the ride!
Mindbloome Trading / Kris
Tesla: Wave [iii] Impulsive Move!Over the past two weeks, Tesla’s stock saw a sharp uptrend followed by a sell-off. We consider the low of the magenta wave as settled and now anticipate a five-part impulsive movement during the magenta wave . Regarding the subwave count, there is more room on the downside for the blue wave (ii), before the subsequent wave (iii) should surpass the resistance at $271. However, in our 30% likely alternative scenario, renewed selling pressure could push the stock below the $167.41 mark and thus toward a new low of the blue wave alt.(II).
DID YOU FORGET ABOUT TESLA?! Let me remind youNASDAQ:TSLA
It's like clockwork, ladies and gentlemen.
BREAKOUT 👏 RETEST 👏 HIGHER 👏
Brought to you by the #HIGHFIVESETUP
1 year cup n handle pattern breakout
inside a
3 year cup n handle pattern breakout
First Price target:
🎯 $334
Original Analysis is linked below.
NFA
#trading #tradingstrategy
Tesla Bears Red Alers !! Bulls are gearing up "⚡️ Big moves on the horizon for $TSLA! 🚗🚀 Price action looks promising with updated targets and stop-loss levels. Will the bulls push it to new highs? Stay tuned! #Tesla #TSLA #Stocks #Trading"
Target 305-330-360
Support at 256
TESLA futureThe future of Tesla looks bright.
Elon Musk is telling you this already.
You just need to listen.
Tesla > Nvidia soon.
TSLA's in a 3rd WaveWith the start of a third wave, watching for breakout flags offers an appropriate risk-reward opportunity, chance to addon to earlier bullish positions..
