4TSLA trade ideas
The Future is Bright - TESLAWatch the next few years unfold. It will be the next cycle of Tesla's S curve innovative breakthrough. A new Golden Age for Tesla.
PTs:
1. $650 - 2025
2. $1500 - 2026
3. $3000 - 2028
TSLA pullback to $275MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
Bonus if a TTM Squeeze in in play.
I hold until target is reached or end of year, when I can book a loss.
So...
Here's why I'm picking this symbol to do the thing.
Previously stopped out at the 2.618 Fib extension, I'm back in, buying TSLQ, or buying puts at this 3.618 level.
Price at or above at top of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at oversold level
VBSM spiked positive
Price at 3.618 Fibonacci level
In at $318
Target is $275 or channel bottom
Stop loss is $321
#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 - AT THE END OF A CONE. The meaningfulness, all the Fear Uncertainty and Distrust (FUD) comes at the very end of a bear raid, and the Machine is full on spreading FUD. Meanwhile Elon in Germany, likely will get the license to produce 1 Million cars in Berlin, that means another $37 Billion in Revenue.
Then all the rest if going swell, Cars are being made as a super fast pace, The Power Pack has orders for the next 3 years. and that division acquired a Chinese factory and equipment recently from CatL and is likely finished building the new factory in Shanghai for Power Packs - so that will bring in another $40 additional Billions. And lastly the Cyber Truck production is ramping up, and that revenue has never been included in prior calculations.
So all in all and as I see this massive cone, it is easy to project a bounce back to the mean.
When we get there, the good news will be out, and then we get support for further liftoff.
So far Tesla remains the most crowded trade with shorts of all sizes playing cowboy with Tesla.
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 Head and Shoulder patternThis reverse head and shoulder pattern will take NASDAQ:TSLA to a minimum of $485. This is leg 3 in the Elliot sequence. This leg might prove to become a lot longer.
Tesla at a Critical Level!Tesla is currently sitting at a crucial support level at $205. If the price closes below this level, we could see a retest of $180. A bounce could occur at either $205 or $180, both being strong support levels.
Target: Take profit around $296, as indicated by strong resistance at this level.
Key Levels: The red lines mark significant support and resistance levels.
Rare Scenario: If Tesla breaks below $180, a gap down to $148 might need to be filled, which could present an ultimate buying opportunity.
I’m not a financial advisor. Do your own research before making any trades. 📊🚀
Is Tesla reversal coming back? Tesla is looking at a potential completion of the double three corrective wave and also, the potential inverted head and shoulder is forming. Given the strong bullish bar, we think Tesla is likely heading for a bullish reversal.
Tesla (TSLA) Stock Surges Following Trump’s Election WinTesla (TSLA) Stock Surges Following Trump’s Election Win
According to the TSLA chart:
→ Tesla shares opened this week at $244.25.
→ By yesterday’s close, the stock had reached $296.52.
This reflects a gain of over 21% for the week, with the major boost occurring on 6 November, as news broke of Trump’s U.S. presidential victory—a candidate supported by Tesla’s CEO, Elon Musk.
As CNBC reports:
→ Musk reportedly invested at least $130 million into Trump’s campaign, lending his support as a significant effort in recent months.
→ The president-elect has pledged to roll back regulations that Musk opposes, leading Wall Street to bet on potential advantages for Tesla under the new administration.
Back on 24 October, after Tesla’s earnings report, we noted:
→ Since May, the price has been fluctuating within an upward channel (shown in blue), with the lower boundary acting as a strong support level.
→ The bullish momentum after the earnings release indicated a failed attempt by bears to break this lower boundary (shown with a red arrow).
→ Bulls might continue driving TSLA's price within this channel, aiming to breach the key resistance at $260.
Currently, technical analysis on TSLA shows an aggressive movement into the upper half of the channel. It’s possible that the channel’s upper boundary will become a target for the ongoing rally (marked by black lines). Here:
→ The $300 level per share might present psychological resistance in the coming days.
→ Support may come from the blue channel’s median line or the key $260 level, where the price rebounded twice in 2024.
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TSLA Poised for Breakout or Reversal? Key Levels to Watch TomorrTechnical Analysis for TSLA (November 8, 2024)
Tesla has shown strong bullish momentum recently, currently trading near a key resistance level on the 1-hour chart. With the overall market rallying, Tesla may be gearing up for a breakout, but caution is advised due to potential consolidation signs. Let's break down the critical levels and indicators that may help shape tomorrow’s trading plan.
Key Observations:
Trend and Momentum:
TSLA has been on a steady uptrend, with price comfortably above short-term EMAs, indicating bullish sentiment. Both the 15 EMA and 50 EMA are angled upward, reinforcing the positive trend.
Price action shows consolidation just below a critical resistance level, which could signal either a pause before a breakout or a potential reversal if resistance holds.
Important Levels to Watch:
Resistance: The immediate resistance is around $298.90 (current ask level). A breakout above this level, especially with strong volume, could push TSLA toward $300+ and potentially test $323.83, the high of this recent trend channel.
Support: Key support levels to watch are around $290.01 and $273.51. If TSLA fails to break above $298.90 and pulls back, these levels may act as entry points for bulls, especially if buyers step in around $290.
MACD and Volume Analysis:
The MACD is showing signs of slowing momentum, which could hint at possible consolidation or a minor pullback. A bearish crossover on the MACD could signal caution, so keeping an eye on this indicator is essential.
Volume has been relatively high during the recent uptrend, indicating solid participation. However, declining volume near resistance could be a signal of potential exhaustion.
Price Action Strategy:
Bullish Scenario: If TSLA breaks above $298.90 with high volume, it could suggest a continuation toward $310 and $323 levels. Look for a pullback to $290 or the breakout level for safer re-entry if the breakout is confirmed.
Bearish Scenario: A failure to break above $298.90, coupled with a MACD bearish crossover, could indicate a pullback. Support around $290.01 could be a strong area to watch for a potential reversal if sentiment remains bullish.
Suggested Approach:
For Bulls: Look for a high-volume breakout above $298.90, or wait for a pullback to $290 to consider a long position with tighter risk management.
For Bears: Watch for a rejection at $298.90 or a breakdown below $290, which may signal a short-term pullback, allowing entry at lower support levels.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research or consult a financial advisor before making investment decisions.
Starting short in $TSLAStarted small position in NASDAQ:TSLA today via $TSLQ. Will add to position over coming days. Large gap to 20 day MA, expecting volume to start to decrease.
Risky TSLA Short Tsla had a massive surge after the trump win, now it right at resistance with a rsi divergence. I am shorting right here and holding a tight SL because this is a counter trend trade so manage risk accordingly.
TP1 is 290
TP2 279
Sl is daily close above 303-305
REALLY RISKY DONT TAKE IF YOU DONT HAVE THE RISK APPITITE
TESLA FLASHES LONG TERM BULLISH SIGNAL!!! (November 7, 2024)In this video, I go over 3 potential scenarios of what could happen next to Tesla stock in the coming years.
This is all based around our 12 day & 18 day traders dynamic index, which has historically signaled to us the start of massive long-term rallies in the stock
Our red line on the traders dynamic index has officially broken into the "parabolic zone" for the first time in years on such time frames...
Watch the video to learn what could be just around the corner for Tesla!
Tesla TSLA 4hr potterboxTesla is forming another top here at $295.95. depending on where we open and the direction of the trend this could keep going up tomorrow, It will be interesting.
Interesting month for Tesla Nice spike after Trumps win. Not sure if this was an overreaction. Tesla's been on a downtrend and a rising wedge was in play. I think a close this month above $315 would be bullish. Below that $315v and a pullback to the downward channel would confirm a double top and bearish.
Tesla - This Will Be A Wild Ride!Tesla ( NASDAQ:TSLA ) is deciding about its future in the next 8 days:
Click chart above to see the detailed analysis👆🏻
During the next 8 days - until this monthly candle closes - we will see whether or not Tesla will enter the next major bullrun. Currently Tesla is trading at the important triangle breakout level after dropping about -20% this month so far. The future of Tesla will depend on this breakout.
Levels to watch: $160, $200, $270
Keep your long term vision,
Philip (BasicTrading)
Tesla Weekly ChartBroke out of inverse head and shoulder around 220 levels, was a buying opportunity. moving up towards resistance around 300-315.
TSLA pullback to $255MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
Bonus if a TTM Squeeze in in play.
I hold until target is reached or end of year, when I can book a loss.
So...
Here's why I'm picking this symbol to do the thing.
(buying TSLQ)
Price at top of channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM spiked positive
Price at Fibonacci levels
In at $285
Target is $255 or channel bottom
Stop loss is $290
short TeslaTSLA going to 240 after Q3 deliveries and robotaxi then will drop further in earnings to 215, based on option levels.
There is a chance tha the beat Q3 deliveries but I think the beat is price in so it may go up at first the trend lower.
will see how it plays out.
Tesla: tripple support !!! ist this a good omen ? With tonight's earnings report we are right at a tripple lt support region, so if we break, the target is 160. Otherwise 270!!!
TESLA LONGTSLA is bottoming, for that we are sure. It is currently sitting above a major historical level after breaking back above it, potentially backtesting it as support. You can see the clear level as shown below.
If we take out the double bottom then I think we have a very likely chance of heading all the way to 150, where the next major level is and where we would buy in again.
Tesla’s Power Move: $300 Broken, $322 in SightUpdate:
Good morning, trading family. It’s your guide, Mindbloome Trader, here to remind you to trade what you see.
Tesla has broken through $300 and is holding strong. If it keeps this momentum, $322 is a realistic target. However, if it slips below $300, it could just be pausing before its next move.
Stay patient, follow the trend, and trust the process. Let the market show you the way.
Mindbloome Trading/ Kris
Trade What You See
