TSLA: It's a clear break outWith a new weekly green candle above trend line, there's no more speculation from a technical standpoint. Don't be a Negative Nancy Much love 💕Longby HassiOnTheMoonPublished 0
TSLA hits golden fibTSLA despite a bearish chart has decided to pump about 100$ in less than ten days. Many covered-call sellers are very underwater on this stock. I myself was caught on this and had to pay extra premium to close the position a while back when it broke this resistance. Despite falling fundamentals the stock is over 100 PE. This fib from my experience trading very volatile assets is usually a VERY strong rejection zone, this happened on many of my high momentum altcoins including RNDR & INJ, that is how I knew to take profits last time.Shortby Apollo_21milPublished 1
What’s Driving the Rally and How to Trade the MomentumTesla's share price surged more than 27% higher last week following a series of positive developments that reignited investor confidence. Let’s take a look at what’s driving Tesla higher, and how to trade this burst of bullish momentum. What’s driving Tesla higher? Better-than-Expected Deliveries Report: • Tesla's second-quarter vehicle deliveries exceeded Wall Street estimates. Despite a 4.8% decline in deliveries compared to the previous year, the drop was less severe than in the first quarter, sparking investor optimism. Anticipation of Financial Results: • Investors are eagerly awaiting Tesla's second-quarter financial results, set to be released on July 23. Key focus areas include automotive gross margins, especially in light of the extensive discounts and incentives Tesla has been offering. Upcoming Events and Innovations: • Tesla's Robotaxi Day, scheduled for August 8, is expected to be a significant event for the company. Sector analysts believe this could act as a catalyst for the stock, even though the Robotaxi segment is not expected to launch before 2027. Despite the recent rally, Tesla's stock is up only 1.2% for the year, lagging behind the broader market gains of the Nasdaq (up 22%) and the S&P 500 (up 17%). How to Trade Tesla’s Burst of Bullish Momentum Last week’s rally saw the shares break decisively above the April swing highs and surpass the descending trendline (gold dotted line) that has been in place for the past year. This burst of bullish momentum was backed by an increase in volume, but the exponential nature of the rally has taken the shares well above the upper Keltner Channel, making a sustained continuation of the rally less likely without some form of mean reversion. Hence, traders looking to buy into Tesla’s resurgence might consider waiting for an orderly pullback. The timing of pullbacks is highly subjective, but key areas to watch would be the 20-day exponential moving average (EMA), which is the basis line of the Keltner Channel, and the top of the broken trendline (gold dotted line), as this may provide support moving forward. Tesla (TSLA) Daily Candle Chart Past performance is not a reliable indicator of future results Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.84% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. by CapitalcomPublished 0
Tesla(TSLA)Everybody familiar with head. shoulders, knees and toes???... Didn't close below 200 did we? Either way we still bullish on tesla. Bias stays the same.Longby DENCHMONUpdated 1127
TSLA FALLING WEDGE - EASY $250, $TSLAThe Falling Wedge is a bullish formation that starts with a wide top and narrows as prices decline. This movement creates a cone shape that slopes downwards as the reaction highs and lows come together. Unlike symmetrical triangles, which lack a clear slope and bias, falling wedges unmistakably slope downwards and exhibit a bullish bias. -The buy signal has been received. -Big Hands are buying NASDAQ:TSLA despite the bad earning= BOTTOM -MODEL 2 (EV Euphoria), FSD (Subscription & Licensing Income), INDIA GIGA FACTORY (cheaper and easier Production), OPTIMUS/ENERGY (Future & Growth) Buy now and hold until the EOY! NASDAQ:TSLA Longby sej4974Updated 1114
Tesla (TSLA) - Edition #1Macro Outlook: Neutral - We found support at $165 level but now we are at a resistance zone. - If prices flips and establishes above $265, then we'll look for long entries. by ZelfTradePublished 1
#TESLA #TSLA Short Set UpLooks like the tesla rally is extended on 1H TF. Looking to short it. I have my sell stop / entry at 243.95. Good Luck Entry 243.95 Stoploss 252.36 TP-1 235.66 TP-2 227.28 Shortby BullBearBTC1Published 335
Tesla Rebounds From Multi Year Key SupportTesla's shares rose after the announcement of new models. Tesla shares (TSLA) rose 12 percent in post market trading on Tuesday, tracking gains in the U.S. market after the electric vehicle maker promised new, more affordable models. Tesla said on Tuesday it would introduce new models by early 2025 using its current platforms and production lines, while backing away from more ambitious plans to produce an all-new model expected to cost $25,000. The rise in Tesla shares provided a much-needed boost after Tesla struggled for months with tough competition and declining sales. In technical terms, Tesla shares are supported by a multi-year uptrend. In addition, resistance trend line is also pointed out. by PandorraUpdated 4
Everyone are calling to short this resistance...Hi bears this is a warning i would like to introduce you to any bullish scenerios that are very likely to happen based on the information we know. as you all know, we are at resistance after what you may call a fakeout The most bullish scenerio is if we find enough enthusiastic buyers at the 0.85 fib this is a bullish retest and if we find them your so called resistance becomes support in which case you will accumulate your short position and will be the fuel for a momentoum drive up the same can happen at the 0.786 fib the lowest we go in this bullish idea is to golden pocket from 0.618 and 0.5 these are supply zones ever since tesla posted its deliveries. how much money are you willing to risk? (bears as a whole) how many positions in shorts are you willing to place? if you are wrong (quick reminder optimus showcase at 8.8) your money will just turn into tesla fuel. i know my lines are disgusting but my idea is a very possible scenerio my target to any of these bullish scenerios are the 1.618 at 365 for a start before anything else happens. buy the rumor sell the fact. dont say you werent warned.Longby Captainobvious5454Updated 2
TESLA LOCALLY OVERBOUGHT|SHORT| ✅TESLA is approaching a supply level of 266$ So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bearish bandwagon just on time to get the best Risk reward ratio for us SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFxPublished 223
$TSLA pullback on RSI 85NASDAQ:TSLA incredible move from 185 to 250, RSI 85, pullback is near before next wave, early entry short if +1.5% and higher MondayShortby MikeCherTradingPublished 224
TSLA at pit stop at 250 after multiple Gap UpTSLA making pitstop at every 50$ forming series of Support and Resistant at 100, 150, 200, 250, 300. This price structure is important for us to take action at right place and right time. FiFT triggers +ve Buy on Dip (BoD) signal on 24 April and MCDX shows first sign of MCDX buy volume at 150 Support Zone. You can apply BUY at SUPPORT strategy here. Another MCDX Buy momentum detected on 12 June pushing MCDX Sell to 0% (insignificant). Slow Turtle Buy breakout on 17 June with Strong FiFT and MCDX Buying Momentum. MCDX Buy % crossing 75% on 25 June and breaks above long term downtrend.. Since then, TSLA turning into SpaceX mode with multiple Gap Up to the moon. MA Rainbow turning GREEN which signify TSLA is now UPTREND. Next trarget 250, 300 ... by kgiap123Published 226
TSLA ~ 340A deep fall is followed by a legitimate correction The impulse has gone down, so according to Elliott the corrective zigzag ABC will go upward C = 1.618*ALongby DevilOfTradeUpdated 448
TSLA ReboundAfter a hard fall, Tesla recovers in the shape of an ABC zigzag. Target range $300-$350Longby DevilOfTradeUpdated 0
TSLA SHORT We are now at the second half of the year. By use of quarterly theory, it is also evident that we are in the third quarter. I see (XAMD) pattern. by which the X is clear to see it as reversal For knowledge purposes, X - Reversal/Continuation, A - Accumulation, M - Manipulation, D - Distribution. Usually, we have either a (XAMD) pattern or (AMDX) pattern. For Tesla. the pattern we identify, is also the zone which broke structure to the downside. On plotting the fibs from the initial high of the original trend and the recent low, is at 70.5% - 78% zone. Which adds to the confluence. Hence primed for a ripe selling pressure about to come on board.Shortby JANAboiPublished 222
Major breakout in TeslaIn case we close above trendline, I think there is more upsied to Tesla.Longby ScienceBasedTradingUpdated 667
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 capitalLongby Avinash9087Updated 1
Potential Path of TSLAIn the Chart NASDAQ:TSLA The potential path of TSLA has shown. Shortby AbirstockPublished 221
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.by AMA_FXUpdated 3312
TESLA STOCK: $300+ SOON? (July 5, 2024)Can Tesla go for $300+ in July 2024? Could we pull back in price? Let's look at history & find out what happens during this stage of Tesla's bull run!Long16:46by JonaliusPublished 5
TESLA Horizontal Resistance Ahead! Sell! Hello,Traders! TESLA is going up now But the stock will soon Hit a horizontal resistance Of 265$ 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!Shortby TopTradingSignalsPublished 229
Tesla Major Short AlertShort showing stop loss possibility of major downside ahead Shortby danielpikho72Published 222
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.Shortby The_GainsPublished 5527