Tesla When I first Posted Tesla it was long at $165When we first posted Tesla we were long $165 now we found support zones after the breakout!! I'm looking for it to hold the breakout Higher will continue to update good luck tradersby JoeWtradesUpdated 6617
TSLA Short , US Stock 213 below weak 210 below support breakdown possible 210/208/205/198 can test soon 198 below 185 expected Shortby Equity_Research_Analyst-023
TSLA LEVELS FOR 8/2/2024What a whirlwind this week has been! Easy to get sucked into the possibilities of what a single trade could mean in the long run. These are my levels for TSLA tomorrow, watch for break and retest throughout the day. Good luck Traders.by holtz871116
TSLA Trend Break Short IdeaI've been covering TSLA a lot lately due to the potential breakout from a major 2.5 year downtrend. This is a different look at a shorter term uptrend, which is more bearish confirmation. I was conflicted about TSLA when it first broke out of the major trend from 2021, but I did long it in case it held and kept going. If it had held above that trendline, I would have fully expected a new big leg up. However, it only held for a week or so and has now failed miserably. It closed today back under the trendline. I see this is as highly bearish fakeout and that's why I began shorting it from there. Fakeouts like this often lead to strong momentum in the opposite direction, but it can be volatile and doesn't happen in one day. It was going to be a hard mover either way and I think it may have finally chosen it's direction. Like I said, if this shorter term uptrend breaks to the downside now, it'll be more confirmation to hold my puts. First target is the lows from June around $170.Shortby AdvancedPlays226
Tesla Headed Toward 130 Or Lower (100) (2 Mins. Read)We can easily assume a lower low for Tesla, Inc. That is, a lower low in the coming months vs the low that was hit April 2024. This assumption is made based on the fact that we have a strong lower high in July 2024 vs July 2023. A year long and a lower high implies a lower low. This is a simple and short trade-idea. Unless things get really, really wild, a lower low demands months of bearish action. There is still time to prepare. ➖ Support targets follow: 200, 180, 165, 145. ➖ Lower low territory: 125 and ~100 (which means, near one hundred). Good luck with your trading. I hope you find this information useful. Namaste.Shortby AlanSantana2215
TSLA: Dangerous Price Action - Next Key Points to Watch.The daily chart displays a recent challenge at the main mid-term resistance level around $233.09, where the stock has struggled to maintain upward momentum, marking this as a significant resistance zone, which was a previous support level, another example of the Principle of Polarity in Technical Analaysis. This resistance, coupled with multiple rejections at this level, suggests a strong overhead supply that could cap further price advances in the short term. What's more, this resistance area is reinforced by the 21-day EMA. TSLA would have to break this key resistance as soon as possible to turn bullish again, otherwise, it'll seek its next support levels. A critical gap support observed at approximately $213.23 serves as the immediate fallback level. This area could be pivotal if the stock retreats further, as gaps often act as psychological markers for traders and may offer support or trigger accelerated selling if breached. On the weekly timeframe, support area around $205.30 (previous resistancce), supplemented by the 21-week EMA, provides a broader view of the stock's structural support. This confluence of support levels not only highlights a potential stabilization zone but also frames the downside risk if market conditions deteriorate. Tesla's stock movement near these key technical levels—resistance at $233.09 and support at $213.23 and $205.30—offers a clear narrative of a tug-of-war between bullish aspirations and bearish pressures. The interplay between these levels should be closely monitored, as a decisive breakout or breakdown could set the tone for the stock’s direction in the coming weeks. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.by Nathan_The_Finance_Hydra5513
30 minute $TSLA study, market is negative, Heavy Attacks and lawtough times is where a stock really shows its colors. 30 minute charts are faster populating but I have seen them really pinpoint resistance pointsby mindfree0
TSLA Put Options Long Term rocket *I am in no way a financial advisor and you should always do your own due diligence before placing any trade. Do not trade what you are not comfortable with losing. No trade is guaranteed. TSLA has reached a strong area of resistance retesting recent level broken and seems to be pushing towards lower prices. Price just may melt all the way down to $114 price area to strong weekly support Shortby l2xinvestors3
$TSLA #Breakout #ReTest Price Target Still: $300 EOYLotta people talking about NASDAQ:TSLA , here are my thoughts... NASDAQ:TSLA clear STRONG BREAK of MULTIYEAR RESISTANCE LINE... Now retesting to ask "Is it real?" There should be a STRONG BOUNCE on NASDAQ:TSLA in coming day via technicals (see past charts if you think technicals are "BS") = (Equally,) if there is NO Bounce, that is a BIG sign of weakness as it would be a BRUTAL BULL TRAP... Paytience pays, will post updates if I stab long on this setup... Tech has had a healthy sell off imo. There was only a few mins of "Panic" that I noticed personally throughout the whole market. NASDAQ:NVDA abandoned baby idea highlights panic dump and Warren Buffett "buy when others are fearful" motto... 3 weeks in a row with BIG RED days should mean a lot of "Protection" was bought via puts... This is HEALTHY!!! (No overleveraged DELTA/BUBBLE...) I believe another #WHITEBOYSUMMER #SHORTSQUEEZE could have been BUILT ;) I will be legging into some serious longs this week if it looks like we bottomed out by the end of this coming week. End of month usually makes for some good trade opportunities... To confirm market strength is back, look for what was working all year ie; Mag7 + AI ... Gold should also be on watch imo... Longby Prophecies_R_UsUpdated 393971
Tesla's Q2 2024 earnings report, sign to the moon!Tesla's Q2 2024 earnings report was like a summer blockbuster with a twist ending. Revenue soared to a staggering $25.5 billion, but earnings per share (EPS) took a nosedive, dropping to $0.46 from $0.85 in the same quarter last year. It's a classic case of "one step forward, two steps back." While the electric vehicle (EV) giant is still projected to grow faster than the rest of the auto industry, those shrinking profit margins are raising eyebrows. It's like Tesla's throwing a party but forgot to budget for the drinks. The technical analysis tells a similar story of mixed signals. The stock chart resembles a roller coaster, with the recent earnings report doing little to calm the ride. Sure, Tesla is still the top dog in the EV world, but those shrinking profit margins are a red flag. It's like seeing a Ferrari with a flat tire – it still looks cool, but you know it's not going anywhere fast. Rookie Takeaway: Tesla's like a hot rod on the stock market highway – revving up its revenue engine while burning through cash like it's going out of style. Sure, it's still a thrilling ride, but investors might start feeling a little carsick if those profit margins keep shrinking. So, buckle up and keep your eyes peeled – this Tesla joyride could get bumpy.by CriptoJoe0
How to Use Artificial Intelligence for Stock TradingHow to Use Artificial Intelligence for Stock Trading As you may know, AI can mimic human intelligence and make decisions based on data analysis. Artificial intelligence can be used in stock trading to analyse historical market and stock data, generate investment ideas, form portfolios, and automatically buy and sell stocks. AI is able to quickly process huge amounts of data and make informed trading decisions. AI-based trading strategies can be used to identify patterns and trends in real time. This FXOpen article explores the process of using artificial intelligence in stock trading and highlights the pros and cons of AI automated trading. How Does Trading with AI Work? Using AI for trading stocks is a relatively new practice. AI analyses markets with accuracy and efficiency and makes forecasts that help traders mitigate risks and provide higher potential returns. Here’s an overview of how AI stock trading works. The first stage needed for an AI model to function properly is robust data collection and preprocessing. This stage is akin to gathering raw materials to create a final product. During the second stage, specialists load historical data and algorithms into the model, which serve as the basis for identifying trends and price fluctuations that took place in the past. This way, the model obtains the information it will then analyse and learns how to analyse it. During the third stage, the model uses real-time data from various sources, such as financial news and economic indicators, to make forecasts. As new data becomes available, the models can be adjusted and refined. The best AI stock trading software can only be created using cleaned, structured, and prepared data. The final stage includes making trading decisions, such as when to buy or sell stocks, based on the processed data. AI systems can execute trades automatically. AI can also manage investment portfolios by adjusting the allocation of assets depending on market conditions. What to Look Out for When Using AI in Trading When creating an AI system for trading, choosing the most appropriate algorithm is of paramount importance. There’s a wide range of algorithms; for example, support vector machines (SVMs) are well suited for classification tasks and recurrent neural networks (RNNs) for sequence prediction. The choice of algorithms depends on trading goals and the type of data a trader will be working with. It’s a good idea to look at performance metrics such as accuracy, precision, recall, and F1 score to determine which algorithm is the best fit for your trading strategy. If you decide to implement AI in stock market trading, you’ll need to pay attention to a few things that will allow you to minimise risks. Risk Management and Control Although AI offers many benefits in trading, it creates a new set of risks, in particular, the risk of automated decision-making. It’s important to have human oversight to ensure that the AI is making informed decisions. Human expertise helps identify potential risks and adjust the AI model as needed. Traders can take precautions, such as setting stop-loss and take-profit levels, to make sure that AI algorithms do not cause excessive losses. Data Quality Poor-quality data can lead to inaccurate predictions and incorrect trades. It’s important that the data uploaded to the system is accurate, relevant, and up-to-date and that the AI stock market trading software provider is trustworthy and reliable. Ideally, an AI system will continuously analyse incoming data and adapt to changing market conditions. For example, if an unexpected economic event occurs, the AI model must be capable of adjusting its strategies in real time. Regulatory Compliance The adoption of AI in trading also brings forth regulatory challenges. When using AI, it is critical to comply with financial regulations to avoid legal issues. This includes ensuring that the AI model is transparent and explainable and that it does not engage in illegal activities such as insider trading. AI trading strategies should comply with all relevant laws. Case Studies and Examples One real-life example of successful AI adoption in trading is the case of the hedge fund Renaissance Technologies, which uses proprietary trading algorithms based on artificial intelligence. The New York-based hedge fund has a reputation as one of the most successful investment companies in the world using AI. Bridgewater Associates, also one of the world’s largest hedge funds, uses AI to analyse market data and make trading decisions. The fund has been successful in using AI to identify patterns and trends in market data. The third example is the use of AI in high-frequency trading. High-frequency trading involves using algorithms to execute trades at high speed. AI makes it possible to execute trades with speed and accuracy that exceeds human capabilities. Benefits and Challenges of AI Trading The new technology has both advantages and pitfalls. Here’s a table summarising the benefits and challenges of using AI algorithmic trading. Benefits - Increased efficiency - Improved accuracy - Effective risk management - Real-time analysis - Diversified trading strategies - Enhanced liquidity management and execution of large orders - Improved decision-making Challenges - Low-quality data - Overfitting - Limited human oversight - Compliance with financial regulations - Cost - Potential for increased complexity - Potential for reduced transparency Using AI can result in increased efficiency, improved accuracy, effective risk management, and much more. Of course, there are other ways to analyse the market. For example, on the TickTrader trading platform, you can trade using advanced tools for analysing and assessing risks. Data quality issues, model overfitting, and limited human oversight are the potential risks that can hinder the effectiveness of trading. To mitigate these challenges, consider validating data, testing the model, and adapting to evolving market conditions. Final Thoughts AI allows traders to analyse vast amounts of data, identify patterns, and make informed decisions quickly. However, it’s important to manage and control the risks associated with the use of AI in trading. Carefully consider the challenges and limitations and endeavour to take steps to mitigate them. You can open an FXOpen account to start trading, and as you gain experience, consider implementing advanced technologies, including AI. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.Educationby FXOpen66275
TSLA Tesla Options Ahead of EarningsIf you haven`t bought the dip on TSLA: nor sold this regional top: Now analyzing the options chain and the chart patterns of TSLA Tesla prior to the earnings report this week, I would consider purchasing the 235usd strike price Puts with an expiration date of 2024-12-20, for a premium of approximately $29.50. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Shortby TopgOptionsUpdated 7
Follow-up on TSLADisclosure: I am not a Securities Analyst so EVERYTHING I SAY is for entertainment purposes only. Consult your financial analyst for more information. I saw the potential inverted H&S that developed into a breakout in the stock (twice); now, what I see is a cup and handle in progress. Do you think the stock will follow the pattern, or are there other forces at play? Good luck! 04:08by PassaporteTV3
Tesla Technicals appear bullish The technicals give me an intermediate bullish sentiment for reasons stated in the video this is a stock that just won't die.Long03:44by BestCentimeterUpdated 776
$TSLA DOUBLE BOTTOM $206 BEFORE 1Q EARNING A double bottom pattern is a well-known charting formation in technical analysis that signifies a significant shift in trend and a reversal of momentum from a previous downward movement in market trading. It illustrates the decline of a security or index, followed by a recovery, another decline to the same or similar level as the initial drop, and ultimately another recovery (which could potentially lead to a new upward trend). - Elon Musk, the CEO of $Tesla, has officially announced that the company will introduce its Robotaxi during a highly anticipated unveiling event scheduled for August 8th. -$Tesla's CEO Elon Musk is scheduled to meet with Indian Prime Minister Narendra Modi in India to discuss and unveil the company's investment plans. NASDAQ:TSLA Institutional Holdings -Increased Positions 1,615 66,420,077 -New Positions 333 7,940,604 $160 BOTTOMMMMMM (SUPPORT) $183 RESITANCE (NEED TO BREAK)Longby sej4974Updated 2
$TSLA INVERSE HEAD AND SHOULDER $375 BY EOYToday is the bottom!!!!!!!! Following the NASDAQ:TSLA EANRING CALL TO 8/8 ROBOTAXI News, there will be a massive rally. Nevertheless, subsequent to the 8/8 Robotaxi news, there will be a sell-off and a shake-off of the weak hands. Once the bottom is confirmed again, there will be a significant increase to bring back the people. OBVIOUS NASDAQ:TSLA HISTORICAL pattern AND "Buy the rumor, sell the News" PatternLongby sej4974Updated 13
Tesla - Earnings & RevenueTesla stock Share price : 250.00 $ Stock financially : UP, due to the promising announcement tomorrow for Earnings and revenue Trend ( technically ) : UP Recommendation : Buy Reason : Breaking the down channel up & Upward trend on D frame Technical analysis failure at price 225 $ : ( Where the support is breaking ) Technical analysis success at price : 300 $ by Algo0UAEUpdated 1
TSLA short - 100 SMA then FIB 1.618 Retracement targetsTSLA short - 100 SMA to FIB 0.618 Retracement @ $190. $190 also lines up with the late June resistance breakout. Now should be support. Shortby stanleygroovy19
Going back to 200I'm shorting Tesla. I think is going to test the 200 level before going higher. SL triggers if a daily candles closes above 240.Shortby ArturoLUpdated 15
TESLA BUY SETUPts stil on an overall uptrend on the daily. It gave a strong push last week on the daily, so Im looking for a retest on the Daily tf to go back upLongby TradersLair5
TSLA keep it simple as 1,2,3 (This Bear is hungry)All these gurus make everything so difficult sometimes just back to the basics This bear isnt bullish and hes hungry AF... Time for some Wagu 1.) dot plot (find a trend) 2.) Trend Line 3.) Fib 4.)Spread straight from broken wedge to fib Shortby BullishBear19961
TSLA Descending Triangle Chart Pattern and Monthly Analysis!1) I applied 2 moving averages which have 5 period(red one) and 20 period(green one). Red one cut below orange one it is sell sign. 2) Descending triangle occurred here and previous support line was broken. On the other hand, Pullback has happened but it could not reach above of this support line. Descending triangle is generally reversal pattern in technical analysis.Shortby EmirhanhmcUpdated 7713
$TSLA, a crazy ideaOne more insane idea. Completes at the .886 fib from the recent downtrend. Hard to see much other confluence.by Skyd0g0