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
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? $280 or more?Longby brian7683Updated 11
TESLA IS REALLY BOTTOMINGBased on my previous post, looks like it is what i was expecting I have been actively bought tesla for the past few days For the short term view, the latest price action (the Black color line), was a sign that the price structure has been on going for a change of character (ChoCh) -this might be a sign that the next path will be in an uptrend With influx of Demand Vol & Combination of 3rd Wyckoff Law, i am long for Tesla Absolute Pure Wyckoff Longby drsyarizUpdated 12
TSLA path is clear for me nowI have had the red and the blue line on my chart for over a year now. Ever since the first move down in 2022, I was expecting another similar move down to the base of the rally. Why? Because this is what all stocks do after a hype phase. Tesla is not going anywhere, but after an impulsive move up, it will probably do a long correction back down. The play: Long until 335 (1 : 1 of the 2023 move up), short down to approx. 28$ (1 : 1 of the 2022 move down). Looks impossible now, but let's check back in 1-2 years.Longby shiftparkPublished 0
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.by NaranjCapitalPublished 4
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 - 460Longby Trade-U-MettaPublished 3
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. by shankargbPublished 116
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. Shortby AbirstockPublished 559
Tesla Buy 🚀💡 Eyes on $TSLA! Short to medium term target: $300-$330. 📈 Buckle up for the ride! 🚗⚡️ #Tesla #Stocks #Investing #MarketTrends Longby aceinvestmentadvisoryPublished 0
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.Longby SGDTTWPublished 0
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 ADVICELongby SpaceTradexPublished 0
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 by mertaksu15Published 0
Weekly breakout incoming on TSLABreakout about to happen. There will likely be consolidation before or after the breakout. Longby pieroliviermarquisPublished 0
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 . Longby pullbacksignalPublished 2
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. Shortby doggyhouse48Updated 13
#TESLA do we see that tesla stock are highly strong trending situation. see detailed on 5m chart.Longby Trader_bulbulPublished 1
$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. Longby KoosKanmarUpdated 10
$TSLA Tesla. Inverted head and shoulders breakProgressing nicely to the $246 target area. I hope we get there before earning on 17 July.Longby KoosKanmarUpdated 112
Tesla. Oh my! Triangle breakout? 4/July/24TSLA probably just at wave (B)(blue) of bullish triangle. If there was a pullback toward 148 +/- maybe that would be a buy. by SteveTanPublished 3310
Tesla’s Post-Deliveries Surge Stretched from an EV StandpointTesla is having a rough year, being the underperformer of the Magnificent Seven group, as its peers surge. But the stock soared to new 2024 highs after the Q2 delivery report showed a substantial sequential increase, gaining more than 20% this week. Bulls are now back on the driver’s seat and have the opportunity to chase last year’s peak (299.29), although the record highs are distant. However, this surge is hard to justify from a purely EV prospective. Tesla may have offloaded some of its inflated inventory in Q2, but deliveries were lower than a year ago, just as sales of Chinese rival BYD surged. Demand has weakened despite price cuts, the futuristic Cybertruck is not for mass production (and not for everyone) and we still have not gotten an update of the aging Model Y, which was the best-selling car of 2023. At the same time, there is some uncertainty around the crucial 25K affordable car that could accelerate sales and EV adoption, although it’s a price point where Tesla may have a hard time competing against Chinese firms. Given these factors and the fact that the stock rally is stretched, a return below the EMA200 would not be surprising. This would create risk for new 2024 lows (138.80), but sustained weakness has a higher degree of difficulty. Tesla at this point seems like a somewhat overvalued car maker, but an undervalued Artificial Intelligence company. At least part of the market optimism must be based on the AI promise. Elon Musk is preaching AI as the future of the firm, in a technology with the potential to unlock tremendous value as Tesla definitely has an edge, given the vast amounts pf proprietary data it collects from sources like the cameras and sensors in the hundreds of thousands of vehicles it has sold. The CEO pushes hard on full self-driving and robotaxis, with announcements expected in August, as well as humanoid robots and envisions more than a thousand of them working at Tesla factories next year. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider . You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results. Longby FXCMPublished 4
(TSLA) with a Fibonacci channel overlay. Here is some interesting observation from Tesla chart and Fib channel overlay. ### Observations: 1. **Fibonacci Channel**: - The Fibonacci channel is drawn from a high point in 2021 to a low point in early 2023. - The lines are drawn at key Fibonacci levels (0, 0.25, 0.382, 0.5, 0.618, 0.75, 1). 2. **Price Action**: - TSLA has been in a downtrend from the peak in 2021, moving through various Fibonacci levels. - Recently, TSLA has rebounded from the lower levels and is currently trading around $246.39. 3. **Key Fibonacci Levels**: - **0.25 level**: Around $175, acted as recent support. - **0.382 level**: Around $195, another potential support/resistance. - **0.5 level**: Around $250, currently acting as resistance. - **0.618 level**: Around $300, future potential resistance. - **0.75 level**: Around $350, another significant resistance level. ### Analysis: 1. **Current Trend**: - TSLA has shown a significant rebound, indicating a potential change in the trend or at least a strong retracement within the downtrend. 2. **Support and Resistance**: - The immediate resistance level is at the 0.5 Fibonacci level (~$250). A break above this could lead to testing the 0.618 level (~$300). - Support is likely around the 0.382 Fibonacci level (~$195) and 0.25 Fibonacci level (~$175). 3. **Volume**: - The volume seems to be significant during the recent upward movement, which could indicate strong buying interest. 4. **Potential Scenarios**: - **Bullish Scenario**: If TSLA breaks above the $250 level with strong volume, it could head towards the $300 mark. - **Bearish Scenario**: If TSLA fails to break the $250 resistance, it could retest the $195 or even $175 levels. ### Conclusion: - **Short-term**: Watch for a break above $250 for a bullish move towards $300. - **Medium-term**: Sustained movement above $300 could indicate a reversal of the downtrend. - **Long-term**: Consider the broader market conditions and Tesla's fundamentals, as well as news and earnings reports, which could impact the stock significantly. NOT A FINANCIAL ADVICE Longby SpaceTradexPublished 0
Tesla Next Target is Channel Top $230, 2nd Target $286, T3 $400Tesla is Trending within the "Channel". The 1st Target for Tesla is the Channel Top at $230. if it Breakout above the Channel, the Next 2nd Target is $286, followed by a 3rd Target of $400. I want to help people Make Profit all over the "World". Additionally, I am Eager to Receive Money form Worldwide because of my Potential. Thank you Longby SasikumarManiUpdated 5
Tesla's Stellar Performance Ignites S&P 500 The U.S. stock market reached a new milestone on Tuesday, July 2nd, 2024, with the S&P 500 closing above 5,500 for the very first time. This historic achievement was fueled by a powerful surge in Tesla's stock price, coupled with positive signals from the Federal Reserve regarding potential interest rate adjustments. Tesla, the electric vehicle (EV) leader, emerged as the star of the show. The company's stock price skyrocketed by over 10%, propelled by exceeding analyst expectations for their second-quarter deliveries. This impressive feat marked Tesla's second consecutive day of strong gains, solidifying investor confidence in the company's future prospects. The positive momentum surrounding Tesla not only propelled its own stock price but also had a ripple effect on the broader market, particularly the Nasdaq Composite. The tech-heavy index followed suit, closing at a record high itself, exceeding the 18,000 mark for the first time ever. Beyond Tesla's individual performance, another significant factor contributed to the market's bullish sentiment. Federal Reserve Chair Jerome Powell, in a much-anticipated speech, hinted at the possibility of future rate cuts. This dovish stance from the Fed was met with enthusiasm by investors, as lower interest rates are generally seen as a positive catalyst for stock prices. Chair Powell's comments suggested that the Fed is cautiously optimistic about progress made in combating inflation, potentially paving the way for a more accommodative monetary policy in the near future. The confluence of these events – Tesla's dominance, the Nasdaq's record highs, and the Fed's softening stance on inflation – created a perfect storm for the S&P 500 to breach the coveted 5,500 barrier. This milestone signifies a period of exceptional growth and resilience for the U.S. stock market. It's important to remember, however, that market triumphs are rarely linear. While the current outlook appears optimistic, there are always external forces that can influence market direction. Looking Ahead: Sustainable Growth or Market Correction? The question now on everyone's mind is whether this record-breaking rally can be sustained. Analysts hold varying perspectives. Some believe that the market's current momentum is a reflection of a robust and growing U.S. economy, with factors like strong corporate earnings and continued technological advancements fueling the rise. They argue that the S&P 500's ascent above 5,500 represents a new chapter in market history, and further growth is possible. However, others express caution. They point to potential risks, such as ongoing geopolitical tensions, potential supply chain disruptions, and the possibility that inflation might not be definitively tamed. These factors, they argue, could trigger a market correction in the future. Investor Takeaways: Navigating the Evolving Market Landscape Regardless of one's specific viewpoint, this historic event serves as a crucial reminder for investors. It underscores the importance of conducting thorough research, maintaining a diversified portfolio, and having a long-term investment strategy. Investors should also stay informed about economic developments and adjust their strategies accordingly. The S&P 500 breaching 5,500 is undoubtedly a significant milestone. It reflects a period of exceptional growth for the U.S. stock market, fueled by a combination of strong corporate performance, optimism about inflation, and potential adjustments in monetary policy. However, as with any market rally, there are always underlying risks to consider. By staying informed, maintaining a diversified portfolio, and adhering to a well-defined investment strategy, investors can navigate the evolving market landscape and potentially benefit from the current economic climate. Longby bryandowningqlnPublished 0