TSLA trade ideas
TESLA almost ready for takeoff!!!🚀I think that slowly many people will realize that driving a electric car isn't it. High cost to get one, materials gathered by modern slavery, oil prize going down. Well, looks bearish at first. But in the near future Tesla will come up with something big. Something that will be better then driving gasoline. As you can see in the chard we can see a beautiful descending triangle. Once we break out we will go up hardcore.🚀
TSLA Wave3 Ends at 900 USD 100% upside BUY/HOLD🔸Hello traders, today let's review daily chart for TSLA. Bullish
impulse currently in progress, recent multiple gaps indicate
further strength with likely very limited downside on pullbacks.
🔸The structure is a 5 waves impulse, currently Wave3 in progress,
2.618 of wave one so expected to complete at/near 900 USD, from
current levels almost 100% upside.
🔸Recommended strategy bulls: BUY/HOLD at market / scoop up
any dips/pullbacks if available. Price target is 900 USD in Q1 2025
we are currently in wave3, which is the strongest bullish wave
of the entire 5 waves structure. PT is 900 USD, 100% upside.
BUY/HOLD setup for patient traders. good luck!
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
MSTR/TSLA Pair Trading, ATR GuidedGoal : Stay in a winning trade as much as possible, while reducing trade fatigue.
Where : In a tax-free retirement account. Low risk. No options trading.
ATR Settings:
MSTR = 1HR, no noise suppression
TSLA = 90MIN, no noise suppression
Trading rules :
All in on first Buy Zone --> stay in assett until Sell Zone --> rotate if other asset is Buy Zone OR cash out and sit if both in Sell Zone
GEX Analysis for TSLA - Dec. 13, 2024Current Price: $419.85
IVR: 71.7
IVx Average: 67.5
Options Sentiment: Strong bullish sentiment with 83.8% in Calls.
Key Levels:
* HVL (High Volume Level): $380.00
* Support Levels:
* First Support: $407.50 (PUT Support)
* Second Support: $400.00 (GEX9 Level)
* Third Support: $390.00 (3rd CALL Wall)
* Resistance Levels:
* First Resistance: $420.00 (Highest Positive NETGEX Level)
* Second Resistance: $425.00 (2nd CALL Wall)
* Major Resistance: $435.00 (GEX10 Level)
Market Sentiment:
* TSLA shows strong bullish momentum as indicated by the dominance of Calls (83.8%). A breakout above $420.00 could pave the way to $425.00 and potentially $435.00.
* A breakdown below $407.50 might shift sentiment toward bearish targets at $400.00 or $390.00.
Actionable Strategy:
* Bullish Setup: Go long above $420.00, targeting $425.00, with a stop loss at $418.00.
* Bearish Setup: Consider short positions below $407.50, targeting $400.00, with a stop loss at $409.50.
Reminder:
Always monitor updated IVR and IVx metrics for live market conditions before entering trades. These provide critical insights to refine your strategy.
Disclaimer: This analysis is for educational purposes only. Always conduct your own research before trading.
TSLA still strong- Bullish on monthly, overbought weekly & dailyTSLA still showing lot of buying, today may be a pullback and on 12/13 it may inch up again. If it breaks previous high, my hunch is that it will enter into next breakout.
It might trade above 400 next few days for the selling pressure to subside on daily and weekly charts. The euphoria for TSLA is still very high, so I consider this to be a pullback.
If you are a conservative trader, you can write 6 months put for 330-350$ range.
TSLA at the resistancehi Traders
Let's have a look at TSLA chart on 3D time frame.
Are you buying at the resistance after such a massive rally? If so, you are taking a high risk as the profit taking is expected.
Recommended strategy:
1. Short at the resistance with a tight stop loss.
2. If you're a bull, wait for the price to revisit a demand zone where the long position can be placed. Target for bulls at 400 $.
Good luck!
$TSLA to $420.69 Multi-Resistance Breakout Retest #Go Emoji highlighting what similar setup brought...
Markets are ready to end #WhiteBoySummer with a BANG... Climbing walls of worry, investors/traders making bank while proles protest in the streets ala June 2020 #Vibez
#WeOutHere
9/20 220C at 12.00 now ... will scoop up contracts on "Stremf" as AlwaysTeste would say...
PS: Keep an Eye on NYSE:GME in the coming days/weeks, log scale weekly candles look #AIIIGHT aiiight? See;
TSLA wayyyy too high! Will crash to $280-$320 rangeRSI levels are completely elevated to a point that is just not sustainable for a car company. I buy the TSLA technology and "extras" but this level of elevated prices will drop very soon once reality hits and profit takers take advantage.
Leverage TSLZ to take advantage of this nice short x2 opportunity. Best of luck and do your dd!