0R0X trade ideas
Tesla Analysis!NASDAQ:TSLA Analysis on a Weekly Timeframe!
Multiyear trendline breakout in Tesla!
Inverted Head and Shoulders Pattern formation at Support!
Neckline breakout in Tesla!
Of course we have missed the entry in a Tesla but take is as a learning. Where I have combined Multiyear Resistance trendline with Inverted Head and Shoulders Pattern. So what we need to do is ,Identify the chart pattern on a longer timeframe and after that on the event of breakout need to come down to lower timeframe. As I marked all the levels on a weekly timeframe but we can enter in the stock on a Daily Timeframe.
Disclaimer = Consider my analysis for Educational Purposes only.
Before entering into any trade -
1) Educate Yourself
2) Do your research and analysis
3) Define your Risk to Reward ratio
4) Don't trade with full capital
What should we do about Tesla Hello everyone
I think we should wait again for this symbol and let it to show us what will make in this channel.
Note : sometimes you need to draw your channel so soon and one of my techniques that help me to trace more reliable channel is find as many as reactive points between the midline of my channel and minor pivots.
To make it simpler let me show you in the chart.
Do not forget that my English is not so good but I am trying to make it better.
TESLA STOCK: $300+ SOON? (July 5, 2024)Can Tesla go for $300+ in July 2024? Could we pull back in price? Let's look at history & find out what happens during this stage of Tesla's bull run!
TESLA Horizontal Resistance Ahead! Sell!
Hello,Traders!
TESLA is going up now
But the stock will soon
Hit a horizontal resistance
Of 265$ and after the
Retest we will be expecting
A local bearish correction
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
TSLA, down before up?Could pull back from the .786 back down to $219 or $209 before ascending higher.
NOT FINANCIAL ADVICE this is just how i observe price action responds to specific fibonacci levels.
Tesla is ready to take offLook at this beautiful RSI!
It just broke out and retested the support line.
Perfect pattern before takeoff.
How high will TSLA go? $280 or more?
TESLA IS REALLY BOTTOMINGBased on my previous post, looks like it is what i was expecting
I have been actively bought tesla for the past few days
For the short term view, the latest price action (the Black color line), was a sign
that the price structure has been on going for a change of character (ChoCh)
-this might be a sign that the next path will be in an uptrend
With influx of Demand Vol & Combination of 3rd Wyckoff Law, i am long for Tesla
Absolute Pure Wyckoff
Tesla is back in action, chart suggest a potential upside move(1) The price took a significant nosedive, with a correction of nearly 75%.
(2) After a period of consolidation, the price has successfully broken through its trendline resistance and is now on an upward trajectory.
(3) Sitting at a 68% decrease from its peak, this could potentially be a promising opportunity for long-term investors.
TSLA - UniverseMetta - Analysis#TSLA - UniverseMetta - Analysis
The price after the previous review fulfilled local goals. Now you can observe a breakout of the global trend line with possible consolidation behind the line, which may suggest the beginning of a 3-wave structure; you can try to continue holding or gaining Long positions. the most likely option is a correction after a strong impulse, where you can buy at the best price. If a retest of the border occurs, it will be possible to safely hold it up to levels 300 -460.
Target 300 - 380 - 460
Possible $TSLA Pullback on Friday 07/05/2024?NASDAQ:TSLA has moved up from $195.24 on last week Thursday, 06/27/2024 to $248.50 on the shortened trading day 07/03/2024, that is $51.15 (26.20%) increase in 5 trading days. This kind of steep trend of price action will not go forever and the price action has to come down to some level. On Wednesday 07/03/2024 itself, NASDAQ:TSLA was flagging and going down below $240, however supporters showed up and ended up driving the stock to $248.50 by end of the day. Expect a correction/pull back on Friday 07/05/2024, to the Fibonacci levels. Since NASDAQ:TSLA does not follow the over all market trend, please watch out if it crosses $250 steadily (I would enter at 254 to 255 level), then the next stop is 270. Please note that NASDAQ:TSLA touched $300 in July 2023.
Is TSLA going to retest $229?In the chart NASDAQ:TSLA
1. Broke out the trend line.
After breaking the trend line a potential resistance zone may be seen here.
247 -252 may act as a resistance zone.
A small correction is expected here. So here is a possibility that It may retest 229.
Tesla Buy
🚀💡 Eyes on $TSLA! Short to medium term target: $300-$330. 📈 Buckle up for the ride! 🚗⚡️ #Tesla #Stocks #Investing #MarketTrends
Next to keep our eyes on... Q2 Earning, 8/8 Robotaxi...We all know Q2 earning can be very positive, the momentum may maintain until 8/8.
However, Robotaxi will still need another 1 year to come true.
Fibonacci overlay for Tesla with future predictions!
### Analysis Considering Bands:
1. **Lower Bands**:
- The lower bands (below the 0 level) are crucial for identifying support levels.
- TSLA has previously touched the lower bands around the 0.25 and 0.382 levels during its downtrend, showing these levels as strong supports.
2. **Upper Bands**:
- The upper bands (above the 0 level) will serve as potential resistance levels if the price continues to move upward.
- Currently, TSLA is near the 0.5 Fibonacci level, acting as immediate resistance.
### Key Levels:
1. **Lower Band Analysis**:
- **0.25 Level (~$175)**: This level has previously acted as strong support. If TSLA revisits this level, it could bounce back up from here.
- **0.382 Level (~$195)**: Acts as both support and resistance. A revisit to this level could provide another buying opportunity if it holds as support.
I think it will stay in upper band of 0.25.
2. **Upper Band Analysis**:
- **0.25 Level (~$250)**: and it will move in the range of 263-270 for next 10 months unless FSD shows great improvement.
after 2 retests it will goto 0.382 band but will not stay there to long and to to 0.5 band
### Potential Scenarios:
1. **Bullish Scenario**:
- If TSLA breaks above the 0 Fibonacci level ( stays in 0.25 band
with range of 263-270
- but sustained move above the 0.618 level could lead to testing the 0.75 level (~$350).
2. **Bearish Scenario**:
- If TSLA fails to break the 0.5 Fibonacci level and reverses, it could retest the support levels at 0.382 (~$195) and 0.25 (~$175).
- A break below these support levels could lead to further decline towards the lower bands.
### Conclusion:
- **Short-term**: Monitor the $270 level. A break above this level will likely lead to $300. If it fails, watch for support at $195 and $175.
- **Long-term**: Consider broader market conditions and Tesla's fundamentals for a more comprehensive outlook.
NOT A FINANCIAL ADVICE
Tesla on rocket?!?Long time falling Tesla might be at a dawn for uptrend???
This weekly chart shows us that the stock is at a deciding point whether to break the falling resistance (yellow line) or not?
Not financial advice
Weekly breakout incoming on TSLABreakout about to happen. There will likely be consolidation before or after the breakout.
Tesla: Major Resistance Breakout !Trading Setup:
A Trading Signal is seen in the TSLA Tesla (Daily)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 236.0
⭕️SL @ 221.0
🔵TP1 @ 292.0
🔵TP2 @ 343.9
🔵TP3 @ 416.0
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments .
Tesla Long Term Buy AreaTesla probable bottom between 110-120 area, so im a buyer there. Tesla is usually a great indicator for the bottoms too so if we ever visit this area im a buyer on risk assets. NFA, DYOR.
$TSLA Tesla. Inverted head and shoulders break. Nice inverted head and shoulders break by Tesla. Need to stay above the neckline - 182. Target 227. 30% upside potential. Volatility expected.
