Multi Year Symmetrical Triangle We bounced perfectly from the multi year support, now if this triangle breaks to the upside the price could visit the $600s just an idea, lets see. Longby KingMonsPublished 4
Bank of America recommends buying Tesla shares. Idea 29/04/24Bank of America has recently upgraded its rating on Tesla Inc. from 'Neutral' to 'Buy', highlighting a promising outlook for the electric vehicle giant. Analysts point to several growth drivers, including shorter timelines for launching new models, significant investments in artificial intelligence, and expanding autonomous driving technologies. Tesla's CEO Elon Musk's recent visit to China also plays a crucial role in this positive shift. During his trip, Musk discussed the deployment of Tesla's fully autonomous driving (FSD) software and data transfer regulations with Chinese officials. Chinese state media notably reported Musk's meeting with Premier Li Qian in Beijing as a testament to the robust economic and trade cooperation between the US and China, further cementing Tesla's foothold in the Chinese market. Given these developments, let's review the technical analysis of Tesla Inc. (NASDAQ: TSLA) for potential trading opportunities: On the Daily (D1) timeframe, Tesla's stock demonstrates resistance at 175.90 USD and support at 138.80 USD. Last Wednesday's notable surge of 14.54% marked the most substantial one-day gain in three years, suggesting the possible onset of an uptrend. However, if the price resumes its previous downward trajectory, a target level of 111.05 USD could be expected. For traders, breaching the resistance at 175.90 USD could offer an attractive buying opportunity, with a short-term target of 205.60 USD. In a medium-term perspective, holding a long position with a target of up to 233.80 USD may be advisable. โ Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.by RoboMarketsPublished 1
TESLA Has Elon made his miracle again? 4 month Resistance brokenNews quickly broke out that Tesla (TSLA) has received tentative approval from Beijing to launch its driver assistance software in China. This development occurred during a surprise visit by CEO Elon Musk to Tesla's largest market outside the US. Chinese authorities have agreed to allow Tesla to introduce its Full Self Driving (FSD) solution, leveraging mapping and navigation technology from Baidu (BIDU), the Chinese tech giant. This has so far pushed Tesla's shares more than +7.00% premarket. Just 2 weeks ago (April 15, see chart below), while TSLA's price was at $166, we made a case why a potential 1D MA50 (blue trend-line) bullish break-out after laying off more than 10% of its staff, could be its 'META moment', just like the social media giant did in November 2022 and bottomed: Of course each case has its differences but as we can see, Tesla did make a similar bottom on April 22 and will most likely open above the 1D MA50 today for the first time in almost 4 months (since January 08 2024)! That is a major bullish break-out for at least the medium-term as each time the stock did that in 2023, it didn't stop there and rather went for a Lower High on the dotted trend-line. Technically it should make contact with as least the 1D MA200 (orange trend-line), in order to allow the market given the fundamentals at the time to decide upon the longer term trend. As you can see, there is a huge Bullish Divergence on the 1D RSI, which has been trading within a Channel Up against the price's Channel Down since late January. As a result we set a minimum $210.00 Target on a 6-week horizon and then we will re-evaluate the longer term on the 1W time-frame. ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ 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. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐Longby TradingShotPublished 2241
TSLA bullish reversal partial confirmationTSLA reaching 180 today pre-market is confirmation of bullish reversal after testing 140 support the confirmation will only come after TSLA breaks 240 strong bear trend channel resistance . only then it will confirm a complete breakout but still pre-cauations must be taken as TESLA did a fake breakout last time. for short term gains Tsla entry at 183 TP @ 230 Tp2 @ 240 SL @ 160 Longby vortexTradingSolutionsPublished 0
TESLA RSI Divergencezv;j;j;zkvkpzxkvzjfizc;lvj;'vvjzv;hijzxcv;zv;asjvpjv,jvj;v;ojv;sjvpz;jvzvusvl;kuvlzvlkLongby GoTrade2024Published 1
What is the social sentiment for TSLA?The social sentiment for Tesla (TSLA) seems to be quite polarized, with both positive and negative views being expressed by different individuals and sources. On one hand, there are positive sentiments, with some people expressing confidence in Tesla's position as the best company in the world, noting that it's a peace factory and not just a car company, indicating a positive outlook on its products and innovations. Additionally, there are mentions of Tesla being the ultimate sentiment machine, with the stock having the potential to see significant price increases, further supported by bullish institutional investors. On the other hand, there are also negative sentiments, with some individuals expressing concerns about Tesla's weakening pace of demand and questioning the company's growth story. There's also mention of a "fake news war" and skepticism about the company's direction . Moreover, there's a general sense of bearish sentiment and the belief that it might be a buying opportunity due to the overall negative outlook. This mixed sentiment is indicative of the diverse opinions and perspectives surrounding Tesla, reflecting both optimism and skepticism about the company's future performance. The mixed sentiment towards Tesla (TSLA) also extends to discussions about its stock performance and future prospects. There are mentions of Tesla's stock being a volatile and risky investment, with some believing that it could either soar or plummet in the coming months. This volatility is attributed to a variety of factors, including market conditions, competition, and the company's ability to meet production and delivery targets. There's also a focus on Tesla's financial performance, with some investors and analysts expressing concerns about its profitability and the sustainability of its business model. This includes discussions about the company's debt levels, cash flow, and the impact of government subsidies on its bottom line. However, there are also positive sentiments regarding Tesla's future prospects, particularly in relation to its leadership in the electric vehicle market and its potential for growth in the renewable energy sector. Some individuals believe that Tesla's innovative technology and strong brand could help the company maintain its competitive edge in the long run. In conclusion, the social sentiment for Tesla is quite varied, with investors and the public expressing both optimistic and pessimistic views about the company's stock performance, financial health, and future prospects. This diverse range of opinions reflects the complex and dynamic nature of Tesla as a company and the challenges and opportunities it faces in the electric vehicle and renewable energy markets.by SmolBullPublished 1
ATH coming on TSLA - Long ideaHuge weekly demand zone. Expecting Tesla to erase last week gains and go for all-time high from that weekly zone. Longby FXKGPublished 222
TSLA bull movement April 29I assume TSLA go up to $205 in May. Big XWZ movement is completed.Longby vmalyutnxqpfPublished 2216
TSLA weekly trendline support Well this looks like TSLA has longterm support at recent low . Probably that is 2024 low. If we are patient enough next 6 months if Fed reduce interest rates by december This is poised to break upper trend line resistance Longby dreamTrades01Published 1
TSLA ON A DEMAND ZONETSLA is clearly playing inside a bearish channel and we have witnessed a bullish reversal recently on the demand zone identified. If this level remains strong enough, we will see a potential continuation of the rally. Also on the lower timeframes, we see a bearish channel which indicates a bullish breakout.Longby traderchamp_Published 1
My $TSLA VWAP trade 4/26This is how I traded TSLA on Friday 4/26, it was my first venture into VWAP trading, I didn't include the usual Volume Profile data that I would include on my trades but I plan on assimilating both idea on my next trades. My cost basis for my 170P ended up being .39 and I ended up selling for 2.91.Shortby PM_ME_PYTHONSPublished 0
TESLA: Expecting Bearish Movement! Here is Why: Looking at the chart of TESLA right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely. โค๏ธ Please, support our work with like & comment! โค๏ธ Shortby UnitedSignalsPublished 221
TSLA longer Term AnalysisGoing over the TSLA chart longer term. looking for clues as to what the market is telling us. do the hard work. the weekends are the right time to do all your hard work to get better for the next week. we want to buy back our time and cant do that without doing the hard work. 07:04by BobbyS813Published 2
TSLA area or support resistanceIf we don't break 168/269 area the next support levels can be this near this support areas f 129 or 96by sfl_tradesPublished 0
TSLA Bullish Piercing candle at support TSLA support and resistant price structures formed at every 50$ range Finally it hit 150 support zone ! This week open gap down but ended strong rebounce forming Bullish Piercing reversal candle with VOLUME at 150 Support and Trendline Support. Weekly Chart - Long Term Generally still downtrend (Red MA Rainbow) and Bearish (Candle below Moving Average) FiFT still -ve indicating Bear still dominant MCDX 69% with selling volume vs Buying volume with just 9% Daily Chart Generally still downtrend (Red MA Rainbow) and Bearish (Candle below Moving Average) However, there's sign of reversal spotted. Bullish Divergence - Price lower low but FiFT Higher low, MCDX Selling volume capped at 50% Morning Star Reversal candle with FiFT turning +ve on daily chart. MCDX Buying become active with 36% vs 31% selling volume. Summary Generally still downtrend and bearish. No buy signal yet BUT there's sign of reversal (Bullish Piecing and Morning Star) happen at right place (150 and Trendline Support) Risk buy at support for short trade or Monitor for price break and close above 180-185 zone for further buy opportunity. TSLA should be able to move higher if MCDX Institution volume manage to break above 10% on DAILY and WEEKLY chart . by kgiap123Published 3
Tesla going to pump and dump.Nothing unusual here, form base, pump to resistance, dump to support. This is in line with my broader market view of SPX going to 3k over 450 days.by MikeMMPublished 114