Tesla (TSLA) | Time to Buy - Don't Miss This OpportunityTesla is currently in a corrective wave pattern with potential for further upside if the current structure holds.
💡 Key Levels:
- Current Price: $394.64
- Support (Invalidation Level): $372.32
Target Zone: $573.20 (Long-term projection)
🔍 Analysis:
- Tesla seems to have completed Wave 4 and is forming the early stages of Wave 5.
- The invalidation level at $372.32 is critical. If this level holds, the bullish scenario remains intact.
⚡ Outlook:
A break above the corrective structure could signal the continuation of the next impulse wave toward $573.20.
TL0 trade ideas
TSLA: Bearish Pressure and Potential Pullback🔥 Potential Price Targets:
🩸 Near-term Goal: $394.74 (1-2 months)
🩸 Long-term Goal: $420 (3-4 months)
🔥 LucanInvstor's Strategy:
🩸 Short: Below $394.74, targeting $380 and $360. The MACD remains negative, and the price is below the 9-day EMA, indicating further downside.
🩸 Long: Above $420, targeting $430 and $440. A breakout above resistance could lead to a rally, but short-term bearish momentum remains a concern.
🔥 LucanInvstor's Commands:
🩸 Resistance: $420 — A critical resistance level; a break above this could trigger a rally.
🩸 Support: $394.74 — A key support level; a breakdown below this could lead to further declines.
Tesla is facing bearish momentum in the short term, with MACD confirming the downward trend. A breakdown below key support could trigger more downside, while a breakout above resistance may lead to a brief rally.
👑 "Clarity in your moves defines your success."
you see a double top? well i see a double bottommega bullish on tesla
if we manage to support the 0.382 we wont have a failed auction and lose the level, as we have created value.
e.g we kept value area low at 417, if we lost it we will test previous value POC or around it
always a chance to have a golden pocket entry
if not i will attempt a retry on the POC vwap confluence.
Tesla: More Room for Wave [iv]We place Tesla in a magenta upward impulse, imminently allowing wave more room on the downside. While the current extension suggests that this wave might already be complete, the necessary confirming signals are missing. Still, wave should primarily settle its low with a sufficient distance above the support at $271. A sell-off below this level, however, is 33% likely in the context of our alternative scenario. In this case, the stock would still be working on the broader correction of the blue wave alt. (II), with the gains since April 2024 considered corrective. To render this alternative scenario irrelevant, TSLA needs to stage a decisive rally above the resistance at $488.50.
TSLA: Trading Range situationOn TSLA we are in a trading range situation on a time unit of 15 minutes. A fight is being waged by buyers and sellers. This is why we are faced with two analysis situations.
At first we will have an uptrend only if and only if the resistance line is broken forcefully by a large green candle and followed by a large green volume at this moment we enter the position upon the appearance of the second green candle for added caution.
Secondly, we will have a bearish trend only if and only if the vwap indicator and the support line are broken forcefully by a large red candle and followed by a large red volume, in such circumstances we enter the position as soon as the appearance of the second red candle for greater assurance.
Telsa, Bullish Opportunity: Wait for the Pullback first.TESLA / 1D
Hello Traders, welcome back to another market breakdown.
The market is showing strong bullish momentum, breaking through key resistance levels and signaling a potential continuation to the upside. However, instead of jumping in at current levels, I recommend waiting for a pullback into the breakout zone for a more strategic entry.
If the pullback holds and buying confirms, the next leg higher could target:
1- First Resistance: Immediate levels formed during prior consolidation.
2- All-time high
3- The one standard deviation target is shown in the chart.
Why Wait?
Entering after a pullback ensures you're trading with confirmation and reduces the risk of chasing the market. This approach not only minimizes drawdowns but also increases the probability of catching the trend at a stronger position.
Stay disciplined, wait for the market to come to you, and trade with confidence!
Trade safely,
Trader Leo.
Tesla, Inc. (TSLA): Battling to Regain Momentum🔥 LucanInvestor’s Strategy:
🩸 Long: Above $411.53, targeting $440 and $457. Bulls need strong volume to push past key resistance levels.
🩸 Short: Below $394.94, aiming for $380 and $360. A break below could intensify bearish sentiment.
🔥 LucanInvestor’s Commands:
🩸 Resistance: $411.53. Breaking this level can trigger upward momentum.
🩸 Support: $394.94. Losing this level risks a drop to lower targets.
Tesla is consolidating near critical levels after recent volatility. The MACD reflects fading bullish momentum, with traders watching for volume confirmation to determine the next move.
👑 "Momentum is the battlefield of traders. Adapt and dominate." — LucanInvestor
Tesla's Unhealthy Rise Could Correct Tesla's Unhealthy Rise Could Correct 🚨
Tesla has experienced a significant and rapid price rally recently, creating a potential imbalance in the market. However, this chart highlights a few key areas that traders should watch for potential corrections:
1️⃣ Gap Formation: A noticeable gap formed during the rally (highlighted on the chart). Gaps often act as magnets, and markets tend to revisit them over time. This suggests the possibility of Tesla retracing to this level.
2️⃣ Resistance Zone (~$420): The price is currently testing a resistance zone after the recent pullback. If Tesla fails to break and sustain above this level, it could trigger further bearish momentum.
3️⃣ Potential Targets:
First Target (~$360): If the bearish move begins, this level, marked as a prior area of support, could act as the next stopping point.
Second Target (~$316): A deeper correction could bring Tesla back to a more balanced price range, aligning with longer-term support zones.
FIB's @ Trend crossingOne thing I really try to avoid is too much clutter and colors on my charts. You'll start over analyzing, getting lost in all the extras with colors, and ending up with trade block or FOMO. But for learning purposes it helps show what I'm looking for.
Here with the FIB run high to low crossing a primary and a secondary trend line you can see where reversals or break outs tend to happen the most. I don't look for up or down necessarily. I'll explain: What I want to know is if the entry and exit is at a beneficial area. We're here to make money after all and we do that by assessing the risk/reward.
Afer a little practice and some back testing I hope you'll start to see it clearer without the visual aids. Or at least draw it then delete it.
Without looking at the price or the ticker this is something you'll start to see on every chart. Support/resistance and trends. But none of that will ever work in your favor if you switch up mid-trade or take risk beyond the parameters. I'd get in here very cautiously on the 5min and 15min with a tight stop for either direction you're trading. For all I really know it'll go sideways again but at least we'll have stronger S/R to go off of when it does and a small loss if it stops out trying.
Can't win em all but you don't have to lose everything to learn that.
Do we see TSLA below $300?This chart looks extremely bearish to me. I think everyone has become complacent to dips and that makes me worried for the downside in this one.
If we lose the $336 area, there's very little support below it. I think below that area would setup a test of the 200DMA at $244, but I'm actually worried we fall all the way back to the trend line before the next rally.
Let's see how this price action plays out in the coming weeks.
TSLA Technical Analysis with GEX Insights-Jan 8Price Action and Technical Observations:
1. Trendline Support/Resistance: TSLA has formed a descending pattern, with a key trendline resistance overhead, while attempting to hold support levels near $375. Below this, $370 is critical.
2. Key Levels:
* Support Zones: $375 (major) and $370 (next line of defense).
* Resistance Zones: $400 psychological barrier and $414 (breakout level).
3. Indicators:
* MACD: Shows bearish momentum but is nearing a potential crossover, suggesting consolidation.
* Volume: Selling pressure is evident, but lighter volume at support could indicate exhaustion.
Gamma Exposure (GEX) Analysis:
1. Call Resistance: Strong gamma resistance at $425 and $445 indicates selling pressure as TSLA approaches these levels.
2. Put Support: Heavy put open interest is evident at $385 and $375, suggesting strong downside protection here.
3. Implied Volatility (IV): IVR at 77.8 indicates heightened demand for options, with significant hedging activity.
4. Directional Bias: Calls dominate the gamma exposure at 77.8%, hinting at potential attempts for short-term recovery if buying activity aligns.
Trading Scenarios:
Bullish Case:
* Trigger: Break above $400 with volume and MACD crossover confirmation.
* Target: $414 initially; extended target to $425 if momentum builds.
* Stop Loss: Below $385.
Bearish Case:
* Trigger: Failure to hold $375 support.
* Target: $370 and potentially lower towards $360.
* Stop Loss: Above $385.
Conclusion:
TSLA is at a critical juncture with strong put support near $375 and heavy gamma resistance at $400-$425. A break of these levels will likely set the tone for the next major move. The IV and GEX data suggest high hedging and a potential short-term reversal, but caution is advised in this volatile range.
Disclaimer: This analysis is for educational purposes and does not constitute financial advice. Always perform your own due diligence and manage your risk.
STILL GOING UPIf we ignore all the mixed emotions and countless excuses coming from the media channels today and focus just on some TA it get a little clearer. IDC if you're in it on the 5 min or longer swings. The algo remains the same. Locate a reasonable support. Set the buy, SET YOUR STOP LIMIT, and follow through with the plan. If it fails then find another support later. If it gains, follow it. Seems pretty simple eh?
Tesla, Inc. (TSLA): Momentum Under Pressure🔥 LucanInvestor’s Strategy:
🩸 Long: Above $410.96, targeting $430 and $450. Sustained momentum needed for recovery.
🩸 Short: Below $393.28, targeting $375 and $360. Selling pressure may deepen correction.
🔥 LucanInvestor’s Commands:
🩸 Resistance: $410.96. A breakout can initiate a recovery towards $430.
🩸 Support: $393.28. A breakdown risks testing $375 and further to $360.
Tesla faces increased pressure with MACD momentum turning negative. Volume spikes suggest heightened activity, but buyers need confirmation above resistance to regain control.
👑 "Only those prepared for volatility seize the best opportunities." — LucanInvestor
Is Tesla testing support?From a short-term perspective, it is a significant decline from the peak, down 18%. Below the 20-day moving average, below 0.236 fibonacci. More significant support is the 50-day moving average, the 0.382 fibonacci and the 360 price level. In terms of the turnaround, it would be positive if the bullish trend channel were to exit and the MACD were to give a buy signal.