Don't be fooled again and againOnce again, Tesla has gone vertical which leads to a short squeeze and buying climax. Based off today's reversal price action, it seems like the top is behind us.
TL0 trade ideas
Top 5 Weekly Trade Ideas #4 - TSLA Bull FlagWe have a nice bull flag/wedge here on the 15m. I'll be looking for a break to the upside to enter longs targeting the recent swing high first. Could also be good to wait for a break and retest to enter.
For shorts, could look for an entry if the wedge breaks to the downside targeting the gap fill at $322.70. The best trade would probably come on a retest of the wedge after breaking below.
Longs have the best odds for now, just need to be careful with something moving like this.
TSLA - Use Technical principles To Help With Investment IdeaA look at TSLA & how technical analysis can be helpful in your decision making even if you're a longer-term investor.
In this video we take a look at a Butterfly pattern on Tesla and walk through what opportunities it presents for both bullish & bearish traders/investors.
Please leave any questions or comments below & I wish you guys a great trading week.
Akil
UPDATE: Tesla Possible Correction Update
Morning everyone here is a quick update for you based on what I am seeing with Tesla, look out for a possible correction today to the levels provided, it could however go lower but currently I see those two levels down , if we break those levels then I will update everyone again
Happy Trading
Mindbloome Trading/Kris
Trade What You See
Long on tesla NASDAQ:TSLA
highlights: bullish symmetrical triangle (trend continuation)
OBV divergence, increasing volume but decreasing price.
Tesla is very strong, despite all the bad earnings, and the bad things that are said about the company, it keeps it at a price rating of $500 for me. I don't have Tesla in my portfolio but the combinations of bullish figures and price action tell me urgently to make an entry now before it's too late.
TESLA $1000 price target till 2027 / 2028NASDAQ:TSLA Opinion:
#TESLA stock price has broken out of its multi-year down trend in such a significant way that its clear that we gonna enter a “new normal” for the #Stock price.
What that new normal (price level) will be is yet to be determined. But If past is any indication (month chart) a reasonable price target would be $1000. With a time horizon of 2027 to early 2028.
Will TSLA Break Out and Reach $382?Disclaimer: This analysis is not a buy recommendation, nor a guarantee that the price will reach the mentioned targets. The goal is to share a technical perspective to provide useful information for traders and investors. In technical analysis, there are no absolute certainties, only scenarios based on historical patterns.
The weekly chart of NASDAQ:TSLA is currently in a period of indecision, which could evolve into a new uptrend, possibly forming wave 3 of an upward movement. Entering after the confirmation of this trend would follow a classic technical analysis approach, as mentioned by John Murphy in the first chapter of Technical Analysis of the Financial Markets (page 4):
"The primary goal of analyzing market price action through charts is to identify trends in their early stages for the purpose of trading in the direction of those trends."
Target Projection for Wave 3
If the uptrend is confirmed, Murphy also describes a way to calculate the minimum target for wave 3 (chapter 13, page 345):
"A minimum target for the top of wave 3 can be obtained by multiplying the length of wave 1 by 1.618 and adding that total to the bottom of wave 2."
Applying this to the TSLA chart, the estimated target for wave 3 would be around $382.00 .
Possible Weaker Trend?
A factor that could reduce the expectation of reaching this target is also described by Murphy (chapter 13, page 346):
"In a weaker trend, the maximum percentage retracement is usually 62%."
The amplitude of wave 2 in TSLA shows a retracement between 66% and 78.6% , suggesting a possible weaker trend, which could decrease the probability of reaching the 1.618 target for wave 3.
What do you think? Do you believe TSLA will develop an uptrend? If so, what could contribute to reaching the 1.618 target? Or does the retracement of wave 2 suggest a weaker trend? Share your thoughts in the comments, and let’s discuss the possible directions for TSLA’s price!
Don't sell a single Tesla share until...Don't sell a single Tesla share until...
In this video analysis, we will go over:
1⃣ My #HIGHFIVESETUP
2⃣ Where Tesla is going after this epic move higher
3⃣ Trade ideas, including Entry/Exit/PT's
4⃣ When you should sell
NFA
TSLA: Expecting A Major PullbackTSLA has shot up tremendously over the last week, but I feel the parade is over (for now). Expecting a retrace to 307, then 275 (severe case: 249), before continuing back up to possibly 382 and 411.
TSLA Robotaxi “one for the history books” - Elon MuskIf you haven`t bought the dip on TSLA:
Now you need to know that Tesla’s Robotaxi unveiling is generating excitement with its “We, Robot” tagline, a clear signal that the automaker is about to unveil something groundbreaking, potentially bigger than what was imagined in the sci-fi classic I, Robot.
Tesla began sent exclusive invitations to retail investors, influencers, and owners, fueling anticipation around its latest innovation—the Cybercab. Drawing from the attention-grabbing design of the Cybertruck, the Cybercab could mark a significant leap forward in autonomous transportation.
Elon Musk called the event “one for the history books” in a post on X, further boosting speculation about what this could mean for Tesla's future. With heightened interest in the Warner Bros. Studio event in Burbank, California, the buzz surrounding Tesla’s Robotaxi unveiling could signal strong momentum for TSLA stock, as investors anticipate the potential long-term impact of this revolutionary technology.
TESLA $TSLA | TESLA ROBOTAXI EVENT DISAPPOINTS!? - Oct 11 '24TESLA NASDAQ:TSLA | TESLA ROBOTAXI EVENT DISAPPOINTS!? - Oct 11 '24
BUY/LONG ZONE (GREEN): $232.00 - $263.50
DO NOT TRADE/DNT ZONE (WHITE): $208.50 - $232.00
SELL/SHORT ZONE (RED): $177.50 - $208.50
NASDAQ:TSLA Trends:
Weekly: Bullish
Daily: Bearish
4H: Bearish
NASDAQ:TSLA and Elon Musk disappoint with 10/10 Robotaxi event? I was personally a fan of the event, but this morning we saw price break bullish support and possibly start a bearish trend. I've expanded 181.00 zone up to 182.00 to capture the bottom of the previous bear trend that started from the Jul23 earnings report. My next look is for price to range between the 216.75 - 232.00 levels up to the next earnings release on Oct23. Levels were expanded from previous analysis and posts, linked below.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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TSLA LONGIsland bottom here on this ER + a failed breakdown on daily this one likely finally has the juice to take out that 258 wall and take us to 322.
Tesla Eyes $350 Break: Will We Soar to $371 or Pull Back First?Hey trading family, here’s the scoop on Tesla right now:
We’re looking at a possible break of $350, which could take us to the $371 zone. From there, we’ll need to see if the market has the strength to push higher or if it pulls back, possibly to $359 or lower.
On the flip side, if the market corrects from here, we could see a dip to $340, maybe even $335.
Stay chill, watch the levels, and let Tesla show you where it’s heading next. Always trade what you see!
Mindbloome Trading / Kris
Tesla The Bigger Picture. Inverse Head and Shoulders Seen.Tesla has Printed an Inverse Head and Shoulders Pattern.
Is currently at the Neck Line.
This Ticker is Volatile and Recent Geopolitical Issues could Invalidate the Pattern.
Will require Conviction for new buyers without a reasonable Buffer.
As always, please get a few outside Expert's Advice before taking Trade or Investment Decisions.
Should you appreciate my Chart Studies, Smash That Rocket Boost Button. It's Just a Click away.
Regards Graham.
TSLA: My Trade of the YearTSLA was my trade of the year… filled with frustrations, irritations, and annoyances.
We hit 260-270 three times without pushing higher, and three times I didn’t sell. There was an upward gap to be filled around 289—mission accomplished.
Then, on the 3D chart, there was this huge resistance, the red box, which was finally broken through.
I just sold the remainder of my TSLA shares, accumulated heavily since this spring. Massive accumulation.
These last shares had a PNL of +98%. Simply mind-blowing.
Tesla in orbit!Hello community.
Daily chart.
Nothing to say, everything is on the chart.
Musk and Trump, the winning duo for the USA?
If this continues they will succeed in changing lead into gold!
The USA is not dead, the big comeback!
Make your opinion, before placing an order.
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Gap opportunity setup -TSLA
Gaps are opportunity setups for trading purposes, but why?
Because at those times you know for sure that something is happening with the stock so it will move to a certain direction. It gives you a signal of one of the following scenarios:
- Someone is "exploiting" news and creating a shakeout to generate liquidity for himself so he can buy more stocks by inducing FEAR into the hearts of the paper hands.
- Someone urgently wants to get rid of his stock, so he reduces the price until he finds uninformed value investors who can take from him the stocks. Since he is the puppet master who is a giant of industry relative to the ants of uninformed value investors, there will never be more uninformed value investors demand than his supply, so the gap can't be filled.
Note to self:
To create educational idea about this.
Here I just described 2 scenarios out of 8 possible scenario combinations.
You have TrendUP/TrendDown (2)
Multiplied X by
Gap up/Gap Down (2)
Multiplied X by
Filled/ Not Filled (2)
Equals = (8) combinations.
Again, if you don't have the master puppet philosophy of stock market logic, you are always confused. If you look at the market like the master puppet, everything makes sense and you have calm and easy trading.
See my other posts about the puppet master theory and philosophy to know more.
See that there is an upcoming earnings in TSLA very soon, the stock is just begging to move...
If the stock will remain in place, and there will be gap up in earnings, there will be Island pattern so this is clear strong indication to the LONG side...
Bulls on the Road: A Long-Term Bet on Tesla's FutureNASDAQ:TSLA MACRO bullish outlook.
From a weekly timeframe RSI is back above 50, price have been making multiple higher lows and with last weekly close we have finally made a strong higher high.
The stock is currently trading +7% pre market open. The bottom seems to be in and looks like it wants to go straight to new all time highs.
With such a bullish momentum behind for any bystanders looking to jump in, any retrace towards $290's to $250's is a long entry at DCA. New all time high should be in a breeze.
Tesla - Stars are aligning up for a big shortStars are aligning up for a big short in Tesla. Multiple channel lines are meeting in this area and also the 1-1 extension. In trading, nobody knows the future, we can only take high confluence trades and place our risks accordingly.
Not financial advice.
$822-825 target for Tesla’s Inverse Head & Shoulders PatternCan’t recall whether or not I’ve ever posted a tesla chart on here. The inverse head and shoulders pattern is pretty textbook here, and with Elon’s involvement with the new administration I can only assume Tesla will only continue to experience success in reading the probability of this pattern reaching its full breakout target. *not financial advice*
TESLA Update - Above 180 we look for bullish variables Tesla gave us some insane profits from our last set up below, now it has turned however.
Earnings has resulted in a single day 12% loss and probable continuation after. So what should we do now?
Our theory is that Tesla is in it's third major wave and therefore can't take out is low for this to remain valid. We expect Tesla to make a higher low, probably above 180, pivot and run to 300 as a first target. This gives us an accumulation idea for now that can turn into a trade set up like our last if more variables develop. We are buying some stock today and will accumulate above 180. If futher edges develop we will update.
A second important point is we believe Tesla will outperform relative to the nasdaq in the mid to long term. It has underperformed for the past couple of years but the tide might be shifting. The chart below showcases our argument.
#Tsla #TESLA cheet sheetHere are some of the important levels to keep an eye on.
Personally I'm still bearish in Tesla.
Will update on Tesla when we are closer to a clear H or L. For now just keep an eye on the current level at 184-185 ish for short term dir.
Inverse H&SDaily chart
Inverse Head & Shoulders pattern confirmed on breakout.
Waiting for Bearish Divergence to get confirmed which is likely to lead to a possible retest of the neckline as support before price is springing upwards.
Target: $508
