Tesla (TSLA) Share AnalysisHello, Tesla investors!
Tesla stock has gained good momentum recently, breaking the downtrend and rising to $362. This rise has been fueled by investor interest in Elon Musk's full-time return to the company's helm and the upcoming Robotaxi launch.
Technically speaking , the stock has formed a "double bottom" (W) pattern, and its target, $362, has been reached. However, we are now facing strong resistance at this level. If this resistance level is not surpassed with sufficient trading volume, we may see a short-term pullback.
The possibility of a short-term correction increases, especially with the RSI indicator approaching the overbought zone.
The $335 and $290 regions stand out as support levels. These levels are important to watch for possible pullbacks.
In summary , Tesla stock is in an important resistance zone. Breaking through this level with high volume could signal the start of a new uptrend. Otherwise, we may face a short-term correction. Consider these levels and technical indicators when making investment decisions.
TL0 trade ideas
Wednesday Session Debrief (100% Win Rate This Week Thus Far).Early move 1 put @ 935am entry was stacked against a large Bullish FVG so I didn't take it. Call structure came in, but ended up being false positive. As a result i opened a short hedge (01), got chopped up and opened another long and 3 more shorts during 1 hour of choppy price movements as bulls and bears fought over direction to establish control. The final short i opened was when price pushed below $330, exited in very decent profit today considering the unpredictable price action.
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Tesla Drop to the downside update In this video I recap what happened in the latest drop on Tesla and how we anticipated this move some 4 days ago .
I cover whats possibly next for tesla looking forward .
This video also covers a HTF perspective on the direction of Tesla .
Any questions ask in comments
Thanks for your support
Possible Head & Shoulders Forming Possible head and shoulders forming on the weekly chart could signal more downside ahead.
This plays into a large corrective wave that started in November 2021, which still needs to form a wave-C of comparable size.
A new high above the wave-B top would negate this count.
TESLA Will Fall! Sell!
Hello,Traders!
TESLA went up from the
Horizontal support but has
Hit a horizontal resistance
Of 335$ and we are already
Seeing a bearish pullback
So we will be expecting
A further local move down today
Sell!
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$TSLA - Time to BUY (F to sellers)When weak hands sell in fear, we proudly buy.
Tesla is at the perfect spot for buying right now, both from fundamental and technical sides. The recent fight between Elon & Trump granted so much needed correction to the chart. The price is resting on the $260 - $280 support now - ideal spot for buying before the massive blast off will happen.
A few technical factors: there is a HUGE ascending triangle with horizontal resistance ($415), the 3rd approach of this resistance should be final before the breakout happens! Moreover, the price is steadily forming a bullish pennant that will help in breaking the resistance up.
The overall trend is strictly bullish according to Fibo. The target of this upward movement is located in the $900 - $1000 zone which is x4 from current points. Not very often in our century you get such an opportunity.
You may have different opinions about Elon Musk, but you can't deny the fact he is brilliant businessman and entrepreneur. You can already see that "Tesla owners are scrambling to remove their anti Elon stickers from their car now that he is feuding with Trump" . Elon is a good-guy for liberals again, while republicans didn't change their positive attire regarding his company as well.
I tend to believe that all those news we witnessed yesterday (mean Elon&Trump fight) was just a part of a bigger plan , the outcome of which we will see later this year or even next year.
Will Tesla keep dropping?Tesla's stock experienced a significant decline of 14% yesterday, primarily due to a public feud between CEO Elon Musk and President Donald Trump. This dispute has raised concerns about potential government actions that could adversely affect Tesla's operations.
The conflict began when Musk criticized a proposed tax and spending bill, labeling it a "disgusting abomination." In response, President Trump threatened to terminate federal contracts with Musk's companies, including Tesla and SpaceX. This escalation led to a sharp drop in Tesla's stock price, erasing over $150 billion in market value and removing the company from the $1 trillion market capitalization club.
Technical analysis indicates that Tesla's stock broke below key support levels, including its 50- and 200-day moving averages, suggesting a potential continuation of the downtrend. Analysts have identified support levels at $265, $215, and $170, with resistance around $365.
Despite the recent turmoil, some analysts remain optimistic about Tesla's long-term prospects. Dan Ives of Wedbush Securities maintains a bullish outlook, citing upcoming innovations like Tesla's robotaxi service as potential growth drivers.
However, challenges persist. Tesla faces declining sales in Europe, increased competition from companies like BYD, and potential regulatory hurdles stemming from Musk's political engagements.
-Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial advice, investment recommendation, or an offer to buy or sell any securities. Stock prices, valuations, and performance metrics are subject to change and may be outdated. Always conduct your own due diligence and consult with a licensed financial advisor before making investment decisions. The information presented may contain inaccuracies and should not be solely relied upon for financial decisions. I am not personally liable for your own losses, this is not financialย advise.
Tesla Still Slightly Bearish Until FED Cuts RatesOne of my followers asked, "how about now?"
The question comes because he is bullish and I am sharing bearish charts.
Here is the thing, the chart is still bearish of course because of the red candles and the double-top. This can't change unless the last high is broken with significant rising volume.
I'll make it easy. This stock is likely to continue bearish until after the Federal Reserve cuts interest rates. When they lower the stuff, they do their magic their numbers then the market will turn bullish. So bearish before, bullish after. And this is a classic dynamic.
The market goes through a retrace or correction preceding a major bullish development. Since the bullish development will definitely push prices up, the market must express its bearish tendencies before the event shows up.
So bearish now. When the Fed announces that they are reducing interest rates later this month, then 100% bullish I agree of course.
Thanks a lot for your continued support.
This same analysis applies to Bitcoin and all related markets.
The altcoins though are a different thing because these are smaller and already trading at bottom prices. They will recover sooner and will start moving ahead of the pack revealing what is coming to the bigger ones.
All is good.
Thank you for reading.
Namaste.
SHORT Tesla, Bearish Chart SetupGood morning my fellow Cryptocurrency trader, I hope you are having a wonderful day. If you decide to call me a genius or whatever... The choice is yours to make.
Here, the TSLA stock (Tesla) is showing some weakness signals. Weakness that can translate into a drop.
Would you like me to point those out?
Ok, we can go through a few of them real-quick.
1) A rising wedge pattern. Always bearish.
2) Decreasing volume. Always bearish.
3) Resistance being confirmed at the 19-February peak.
4) Bearish bat.
These are just a few of the chart signals but it is not only about the signals, there is something in the air... I smell... Huh, what to call it? A flash crash? A market shakeout? A flush? A surprise? Or simply, a retrace?
I don't know... All I know is one thing, TSLA doesn't look bullish anymore.
The chart is saying down.
Let's see what kind of event shows up to match the chart.
Namaste.
Tesla POP off the lowsTesla is currently experiencing a 5 wave impulsive move from the lows of the tarriff turmoil zone, and seeing increasing strength as it climbs and consolidates.
Generally, whenever you have strong bounces such as this one, you can look for a 5 wave impulse move and utilize fibonacci extensions which innately use mathematics to correlate the momentum relationship between each wave.
At present, we have already seen the first 2 waves, which are quite clearly defined, and now pulling back wave 4 for the last 5 wave blow off.
Using the trend based fib extension from the bottom of wave 1, to wave 3/4 to measure the expected move to the 0.618 extension. Meaning, the last wave is generally approx. 61% the size of the first initial wave.
This is a nice 30% move , and can be quite profitable should it materialize. Stoploss is below $312 on a daily close.
Good luck!
TSLA โ Something Big Is Brewing๐Tesla just keeps pushing. Now trading around $346, it's not just riding market momentum โ it's building it. And with the robotaxi launch in Austin coming June 12, the narrative might be shifting from โjust EVsโ to mobility revolution.๐ Levels Iโm Watching
Possible entries:
โข $335โ$325 โ Looks like itโs consolidating here
โข $315โ$290 โ Clean retest zone if we dip
โข $265 โ Would love a deeper pullback but not counting on it
Targets?
โข $370 โ Short-term test
โข $395 โ Momentum breakout zone
โข $420+ โ If the hype around robotaxis takes hold
โ ๏ธ Disclaimer: This isnโt financial advice. Just sharing how I see things. Do your own research and trade safe.
๐ฌ If this helped, drop a like and follow. I post trades that actually make sense not just moonshots.
Letโs grow smart. ๐๐ง
Tesla (TSLA) โ SMC Buy Zone Identified๐ 1H Chart | Wave Structure + Liquidity Sweep | Vol: 680K+
๐ Context:
TSLA appears to have completed a textbook 5-wave impulse, peaking near $385. Price has now retraced into the discount zone, testing a prior equilibrium and FVG (Fair Value Gap)โideal for reaccumulation.
๐ง Technical Breakdown:
โ
Wave Count Complete: Elliott Wave (1โ5) structure suggests a cycle top was formed.
๐ Current Retracement: Price is approaching the 0.5โ0.618 Fibonacci retracement and strong OB zone around $294โ$303, aligning with Smart Moneyโs typical entry zones.
๐ฆ Choch โ BOS Confirmation: Bullish structure shift suggests a potential reversal zone.
๐ฐ Buy Zone: $294.89 (key low) to $303.17 (equilibrium).
๐ฏ Target: $513.06 (Fibonacci extension + liquidity cluster).
๐งฎ Probability Outlook:
๐ Bullish Probability: 70% โ Favoring upward continuation post-retrace.
๐ Bearish Breakdown: 30% โ If $294 fails, expect deeper retracement toward $267 support.
๐ Strategy Suggestion:
Wait for a bullish confirmation candle near $294โ303 zone. Add size above break of minor BOS. Target premium levels with trailing stop logic.
#TSLA #SmartMoneyConcepts #Fibonacci #ElliottWave #VolumeProfile #TradingStrategy #WaverVanirInternational
TSLA Descent 4-hr OutlookTSLA Descent!
1. Looking for gap down with sweep and support on .382 fib--expansion back up with retest of broken fib with further downside into FVG.
2. Main Target is re-test of impulse move (291 level).
-- take into consideration TSLA moves 29 points weekly (avg).
3. Full support = selling CSP's 14+ days out.