$TSLA: Company OutlookNASDAQ:TSLA : Market Outlook As seen in my chart, NASDAQ:TSLA is attempting to initiate a new uptrend. If this plays out as I explain in the chart above, I will consider it a high-confidence setup. I will keep you all updated.Longby thewolfbusinessUpdated 11
TSLA Approaching Key Resistance: TA for Nov. 20, 2024TSLA is trading within a rising channel, showing a strong uptrend with higher highs and higher lows on the hourly timeframe. As it approaches a critical resistance zone, TSLA presents a range of opportunities for scalping and swing trading. This analysis will guide you with actionable strategies for both short- and medium-term setups. Market Structure Overview * Uptrend Channel: TSLA is respecting an ascending trendline, with momentum building for a test of the $350.00 resistance. * Volume Trends: Declining volume near resistance suggests cautious buyers awaiting confirmation, while overall volume supports a continuation. * Price Action Insight: Currently trading at $345.00, TSLA is poised to test $349.50 - $350.00, a critical resistance zone. Liquidity Zones * Demand Zone (Support): $330.00 - $335.00. Buyers have consistently stepped in here during previous pullbacks. * Supply Zone (Resistance): $350.00 - $355.00. Sellers may emerge near this range, as it aligns with prior rejection points. Order Blocks * Bullish Order Block: $330.00 - $332.00. Watch for buying interest on pullbacks to this area. * Bearish Order Block: $350.00 - $352.00. This range represents a potential profit-taking zone or short-term resistance. Key Levels * Support Levels: $330.00, $335.00, $340.00. * Resistance Levels: $349.50, $355.00, $362.00. Technical Indicators * 9 EMA & 21 EMA (Hourly): TSLA is trading comfortably above these EMAs, indicating strong bullish momentum. * MACD (Hourly): Bullish crossover with increasing histogram bars, pointing to continued upward momentum. * RSI (Hourly): Near 65, leaving room for further upside before entering overbought territory. Scalping Plan * Entry: Enter long on a pullback to $343.00 - $344.00, using bullish candles as confirmation. * Exit: First target at $348.00, with an extended target at $350.00. * Stop-Loss: Place a stop below $342.00 to manage risk. * Game Plan: Focus on quick momentum trades around breakout and support levels. Use high-volume candles for confirmation. Swing Trading Plan * Entry: Accumulate positions near $330.00 - $335.00 demand zone for a swing setup. * Exit: First target at $350.00, with extended targets at $355.00 and $362.00. * Stop-Loss: Set below $328.00 to limit downside exposure. * Game Plan: Look for continuation patterns such as bull flags or ascending triangles above $340.00 for additional entry points. Projection If TSLA sustains its current trajectory, it is likely to test $350.00 in the near term. A breakout above this level could push the price toward $355.00 and eventually $362.00. However, failure to hold $340.00 may lead to a retest of $335.00 or $330.00, offering another buying opportunity. My Thoughts TSLA is showing resilience within its ascending channel, making it an attractive play for both scalpers and swing traders. Scalping opportunities lie near $344.00, while swing traders can position themselves near $330.00 to ride the trend higher. Manage risk diligently and allow the chart to dictate your decisions. Disclaimer This analysis is for educational purposes only and is not financial advice. Always perform your own research and consult with a financial advisor before trading. by BullBear-InsightsUpdated 2212
Tesla UpdateToday was yet another day of chopping within this area. I will re-iterate, we're waiting on wave c of A to commence, or for price to make OMH. My primary analysis remains we have topped; however, we have no confirmation of that. As you can see by the labels on the chart, I am counting this move off of the 23 October bottom as an abc pattern. There is the possibility it is a 5-wave c wave according to the turquoise labels. Should the ALT be the case, we would be looking for OMH into the area of $376-$397. This area has our larger 1.618 @ $395.90 (orange fibs) and turquoise 2.0 @ $397.25. The depth in which MACD dropped makes me feel this is not a wave 4, but y'all know MACD doesn't dictate the count. It is just a tool we use to help us in labeling the structure. In short, price raises to make OMH or begins dropping from here towards the lower target box. Please let me know if you have any questions.by TSuth7
Tesla bearish gap fill for further highs!? Going along the lines of GAP fills since the beginning of the year #tesla have been filling all the gap fills apart from the last 2 big gaps that happened: . My thoughts: - will we see a sell off in the remaining weeks of the year? Fill in the 2nd to last remaining gap and then next year push all the way up to $450 - Do we see the sell off happen till president trump is elected as president and then the stock will fly back to the highs of this year? As Elon is part of D.O.G.E ———————————————————————— Longby PipsandTicks17
Another TSLA Bull FlagSimilar looking bull flag/wedge here on TSLA as last week. The last one led to a downside break, we'll see about this one. Structure is still bullish and we have a bullish pattern on the 15m, but it is smack in the middle of the range so not the best spot to open positions IMO. Will be looking for a break and play according. Ideally any breaks will result in a retest to long or short. I would just target the top or bottom end of the range on the chart.Longby AdvancedPlaysUpdated 6
STOCHASTIC RSI H&S Pattern formation backing downAfter a turbulent few weeks, a few indicators formed the H&S, which is seen as identical to two significant components in indicators. We called it at 350 but still haven't seen a clear sign for an entry. The MA is staggering up but slowing down as the charts spike up and down in both directions. On Bollinger, Keltner, and TTM, we are seeing similarities that point to the shy mark of 300.Shortby themoneyman805
TESLA UPDATE! TESLA Update. Will we be seeing these gap-fills happen! ------------------------------------------- Will we see a Gap move down on opening tomorrow 21/11? Then a huge push up? ------------------------------------------------- Lets see!! Shortby PipsandTicks18
Tesla’s Wave 5 Surge: Eyeing $425 by Late November!Tesla has achieved four waves, with wave 3 peaking at $426 and wave 4 finding support around $310. Our analysis projects a powerful rally to complete wave 5, targeting $425 by 27 November 2024. The bullish setup remains valid as long as the key level of $273.53 holds firm. Any breach of $273.53 would invalidate this scenario. This presents an exciting opportunity for traders to capitalise on Tesla’s anticipated breakout, with critical levels to watch closely.by VitalDirection117
Tesla _ Distribution _ Prices: Tesla _ Distribution _ Prices: Let me make one thing clear, Tesla any time soon is not going below $200 , 99% are not a trader and they will fool you with indicators, a real market never move with indicators. Now lets find the next Distribution prices with mid drop level! ___________________________________ Case 1: Tomorrow is week 4 of Nov = If Tesla before12:00 am GMT time does not move to $364.87 preferably to $385 area then we will expecting a drop to the following key level: ( At this moment time it is simply not possible, it's like you're trying to push Thursday to go ahead of Friday which is not possible, like, Friday, Thursday. (Think)! $296.97 $292.43 $280.90. ____________________- Case 2: If Tesla Price go at the following prices, $385.47 before 12:am GMT, then we will be expecting the following breakout! 1st Breakout = Distribution price ( Next Price) = $364.87 $385.48 $410.90 __________________________ Conclusion: One way or other the above 3 prices will happen and possibly little higher! by Skill-Knowledge-Conduct7
TSLA: Descending Wedge Breakout or Continued Weakness?TSLA is forming a descending wedge pattern, hinting at a potential breakout. With clear support and resistance levels, traders can look for opportunities in both directions. Here’s a detailed plan for scalping and swing trades based on Tesla’s current price action. Technical Overview: Market Structure: Trend: Downtrend with higher lows beginning to form, suggesting potential bullish reversal. EMA Levels: Price is approaching the 9 EMA (purple) and 21 EMA (blue), indicating a potential test of resistance. Key Levels: Resistance Zones: $321.50 – Immediate resistance near the descending wedge boundary. $344.50 – Key resistance from prior highs. $362.50 – Upper resistance and psychological level. Support Zones: $302.50 – Immediate support near the wedge’s lower boundary. $285.00 – Strong demand zone and previous low. $250.00 – Major support and key demand area. Supply and Demand Zones: Demand Zone: $302.50–$285.00, where buyers have shown interest. Supply Zone: $321.50–$344.50, with heavy selling pressure evident. Indicators: MACD: Shows bullish divergence with increasing momentum on the histogram. Volume: Increasing volume near $302.50 indicates buyer interest. Pattern: Descending wedge with potential for a breakout above $321.50. Game Plan: Scalping Plan (1-Min and 5-Min Timeframe): Entry for Long: Buy on breakout above $321.50 with strong volume. Target 1: $325.00 (scalp to next resistance). Target 2: $330.00 (mid-supply zone). Entry for Short: Sell if price rejects $321.50 or breaks below $302.50. Target 1: $300.00 (psychological level). Target 2: $285.00 (demand zone). Stop Loss: Long: Below $319.50. Short: Above $323.00. Swing Trade Plan: Bullish Scenario: Buy if price holds above $302.50 and breaks above $321.50. Target 1: $344.50 (major resistance zone). Extended Target: $362.50 (upper breakout zone). Stop Loss: Below $300.00. Bearish Scenario: Sell if price breaks below $302.50 with momentum. Target 1: $285.00 (demand zone). Extended Target: $250.00 (psychological support). Stop Loss: Above $305.00. My Thoughts: For Scalping: Focus on breakouts or rejections at $321.50 for quick trades, using volume confirmation as the key signal. For Swing Trades: Price action near $302.50 is critical. A breakdown suggests further downside, while a breakout above $321.50 signals bullish continuation. Directional Bias: Short-term: Neutral, with a bullish bias if $321.50 breaks convincingly. Mid-term: Bearish unless price sustains above $344.50. Actionable Suggestions: Monitor $321.50 for breakout or rejection signals. Use $302.50 as the key support for both scalping and swing entries. Avoid trading within the $302.50–$321.50 range to minimize noise. Disclaimer: This analysis is for educational purposes only and not financial advice. Always use proper risk management when trading. by BullBear-InsightsUpdated 7
TSLA - LONGThrowing a weekly up, looks like a clean breakout to me, $348 target by next Friday.Longby SPYDERMARKET5
TESLA Long From Support! Buy! Hello,Traders! TESLA is trading in a Strong uptrend and as The stock will soon retest A horizontal support of 310$ We will be expecting a Rebound and a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too! Longby TopTradingSignals116
Breaking News:Tesla Shares Jump By 5%I had a nightmare again, and this time it was about A girl that I asked for help from Then suddenly decided she did not want to Have children. When deep down in my heart I didn’t worry About that. Sometimes in life, unexpected things will happen To you but even if that’s the case you always have to have insurance. Having a trading system is like having insurance Once I focused on learning and honing my trading skills All y disappoints seem to no longer have any power Over me. Now you may be thinking, “Trading is too hard” You know what you are right trading can be a challenge But don’t let that discourage you at all Because deep down inside you You have the ability to be the best version Of your trading career. This is why I designed the rocket booster strategy To help you understand trend analysis So that it will give you the edge in the market Right let’s look at TESLA NASDAQ:TSLA According to the rocket boost Strategy the following 3 things are happening: 1) The price is above the 50 EMA 2) The price is above the 200 EMA 3) The price has gapped up in a trend This stock price is a perfect example of the rocket booster Strategy. I find stocks like this every single day. But I need the motivation to write about them This is why am asking you to rocket boost This content to learn more. Disclaimer: Trading is risky please learn risk management and Profit-taking strategies. Also, feel free to use a simulation trading tool Before trading with real money. Because you will lose money whether you like it or not. Longby lubosi5
Tesla forming a Flag pattern on Daily timeframeTesla forming a Flag pattern On a daily frame, Tesla appears to be bouncing up from the major resistance at 320. Tesla also appeared strong on friday when the entire market appeared weak. Longby VinothDevakumar4
TSLA AGAIN?After a perfect trade a couple of weeks ago, can we hit it again? Price pulled back towards the fib golden zone and formed a nice triangle on Friday. Also TSLA showed relative strength compared the overall market. Price has already broken above the trendline, now I am watching this closely above friday's high for another entryLongby TheBullandBearLounge4
[LONG] TSLA has a very long base! The longer the base, the higher and stronger the push is! Get ready! This is the ultimate setup!Longby shanytc4
TESLA : Opportunity Time!Hello Team, Tesla is down almost 75% from the ATH, we are at the bottom of the formation with a corresponding support level. The weekly RSI level is also oversold. Now is a good time to start opening positions for your long-term stock portfolio. Enjoy!Longby GenesisGoUpdated 14
TESLA bounced right where it was supposed to! NASDAQ:TSLA bounced right where it was supposed to! Tesla has had resistance turned support turned back to resistance dating back to 2021 on the chart, as seen by the white circles. It has broken the $300 level for the second time in the past three or so years. Now that it's broken, it has pulled back to the 9ema on the weekly chart, and the area that was once resistance has turned...you guessed it... SUPPORT. See you at $400 plus! -HighFiveSetup is still intact with massive measured moves higher from our 1 and 3-year inverse H&S patterns. -Tesla is up over 3% on a day, and the market is pulling back, which shows even more bullishness. NFALongby RonnieV296
$TSLA hitting key Fibonacci LevelsLooking at Fib levels using the monthly chart we can see the run up from 2020 to 2022 the retrace on fib was respected. If we draw the same for the most recent run up it looks like we are at or approaching multi year lows. This coincides nicely with the bad news cycle and low point on revenue for TSLA. So on fundamental and Fib basis this is a good entry point to start averaging in a long term position. Be gentle :)Longby watermeloncapitalUpdated 117
Dip to 337.89 to 347.60THE STARS have spoken Is it the truth? No idea But this is what has been fortold to me. Love you guys no idea what i'm doingLongby gleefulApple00101102
TSLAForex trading involves higher leverage (up to 50:1) and 24/5 market access, focusing on currency pair movements affected by economic data, interest rates, and geopolitical events - the key risk is that high leverage can quickly amplify losses, plus overnight positions face swap fees and gap risks during major news. Stock trading typically offers lower leverage (2:1 to 4:1), operates during exchange hours, and focuses on company fundamentals, earnings, and broader market sentiment - main risks include earnings surprises, market volatility, and lower liquidity in individual stocks compared to major forex pairs, while key advantages include better transparency through public financial reports and generally lower spreads than exotic forex pairs.Longby HavalMamar3
Triangle TeslaTriangle on NASDAQ:TSLA Could push to 360 365 Pushing Upside and burying shorts along the way. Looks very strong. Could change quicklyLongby Paul_Hodls3
Tesla at a Critical Pivot – What’s the Next Move?Hey trading family, Tesla’s chart is heating up, and we’ve got some key levels to keep on our radar. Here’s how it’s shaping up: Break below $338: A drop to $334 is likely, with potential to bounce back up from there. Deeper drop: If we go lower, watch for a move toward $326, followed by a possible push upward. Break above $348: If Tesla clears this high, we could target $361 and potentially even higher levels. Tesla’s setup has a lot of potential both ways. What’s your plan if we dip or if we rip higher? 👉 Like, comment, and share your insights below! Got questions or your own analysis? Send me a DM – let’s connect. Mindbloome Trading // Kris Trade What You See.07:51by Mindbloome-Trading3