NOTICE THE ASYMMETRY BETWEEN WAVE 2 AND 4 THAT TELLS YOU WHAT IT IS ...... asymmetry in reactive waves is a signal that your projections are all right. Remember 5th waves are indeed the most valuable - they offer 3 points of reference. Longby imcnf5c4ffUpdated 2
I pressed the wrong Button. the play is still on ..Tesla's enterprise value is expected to increase significantly with the advancement of its autonomous driving technology, particularly through the launch of its robotaxi service. Here’s an analysis of the plausibility of this expectation, a projected timeline, and potential value increases over the next three years. Plausibility of Increased Enterprise Value Robotaxi Platform: Analysts predict that Tesla's upcoming robotaxi platform could account for up to 90% of its enterprise value by 2029. The successful implementation of this service hinges on achieving full autonomy with its Full Self-Driving (FSD) technology, which is anticipated to be realized within the next few years13. Market Potential: The robotaxi service is projected to unlock a multi-trillion dollar market. Analysts from Ark Invest estimate that Tesla could generate significant revenue from this service, which would fundamentally shift its business model from one-time vehicle sales to recurring revenue streams12. Operational Advantages: Tesla's ability to scale quickly due to its existing fleet and manufacturing capabilities gives it a competitive edge over other autonomous vehicle companies like Waymo. This scalability is crucial for capturing market share in the emerging robotaxi space14. Projected Timeline 2024: The unveiling of the dedicated robotaxi product is expected to happen soon, with initial operations potentially commencing by late 2025. This timeline aligns with CEO Elon Musk's remarks about achieving full autonomy by the end of 2024 or early 202513. 2025: Tesla aims to launch its robotaxi service, initially using existing Model 3 and Model Y vehicles equipped with FSD technology. This could mark the beginning of significant revenue generation from autonomous ride-hailing24. 2026 and Beyond: As the robotaxi fleet scales and more vehicles are added, Tesla's enterprise value could see substantial growth. Analysts expect that as the service matures, it will contribute increasingly to Tesla's overall valuation. Projected Value Increase Over the Next Three Years Current Market Capitalization: As of now, Tesla's market capitalization stands at approximately $998.9 billion. Potential Valuation Scenarios: Conservative Estimate: If Tesla successfully launches its robotaxi service and captures a modest share of the market, analysts predict a market cap increase to around $1.5 trillion by 2026. Optimistic Estimate: Should Tesla achieve rapid adoption and dominate the robotaxi market, some estimates suggest a potential market cap reaching upwards of $5 trillion, especially if FSD technology proves transformative23. Value Increase Calculation: Assuming a conservative growth scenario leading to a market cap of $1.5 trillion: Projected increase = $1.5 trillion - $998.9 billion = $501.1 billion Percentage increase = 501.1 998.9 × 100 ≈ 50.14 % 998.9 501.1 ×100≈50.14% In an optimistic scenario reaching $5 trillion: Projected increase = $5 trillion - $998.9 billion = $4 trillion Percentage increase = 4 , 000 998.9 × 100 ≈ 400.08 % 998.9 4,000 ×100≈400.08% Conclusion The plausibility of Tesla's enterprise value increasing significantly hinges on the successful rollout of its autonomous driving capabilities and the subsequent launch of its robotaxi service within the projected timeline. Depending on market acceptance and operational execution, Tesla could see its market capitalization grow substantially over the next three years, with estimates ranging from a conservative increase of around 50% to an optimistic potential rise exceeding 400%. Longby imcnf5c4ffUpdated 114
I feel good about this one -- lowering risk for now The ride is not always super accurate - we remain within the risk bands. could be a mistake then it could be prudent. the goal was to project the move. how much more upside is a mystery by imcnf5c4ff4
Tesla's Fibonacci Path to $1,791.52 by October 2025This is not financial advice **Title**: "Tesla Stock Forecast: Riding the Fibonacci Wave to $1,791.52 by October 2025" **Description**: Tesla Inc. ( NASDAQ:TSLA ) has been the talk of the town in the investment community, with varied sentiments ranging from bullish long-term growth forecasts to cautious short-term skepticism. Here's a simplified breakdown for retail investors: **Current Market Sentiment**: - **Bullish Long-term Investors**: There's a strong sentiment among some investors comparing Tesla's stock to "fine wine," suggesting its value increases over time. Buying on dips is a common strategy here, betting on Tesla's continued innovation and market dominance in the electric vehicle sector. - **Short-term Caution**: Conversely, the presence of significant short positions by some investors indicates concerns over immediate price surges, possibly due to market corrections or sector-specific news. **Technical Analysis**: - **Fibonacci Price and Time Channels**: Tesla's stock price action has shown a pattern where it reached the peak of an uptrend channel, corrected, and is now at the start of another Fibonacci time channel. This technical setup projects a potential rise to **$1,791.52 by October 2025**. This projection is based on the assumption that the stock will follow historical patterns of growth and correction within these Fibonacci-defined channels. This could move fast due to a, short squeeze as short sellers are forced to close positions and or gamma squeeze outcomes as Market Makers balance hedges. **Investment Strategy**: - **Entry Points**: I will continue to invest, buying on dips towards known support levels, like $320 or $299, which could offer a lower risk entry. This also includes more aggressive strategy buying if Tesla breaks above resistance levels like $345.84 with strong volume, signaling a new upward trend. - **Profit Targets**: If the Fibonacci analysis holds, I have a mid-term profit target at $1,791.52, but short-term targets could be set at intermediate Fibonacci levels or psychological price points like $390 or $455.57, 647.90, depending on market conditions and personal risk tolerance. - **Stop Losses**: To manage risk, setting stop losses just below recent lows or significant support levels can help protect against unexpected downturns. For instance, a stop loss might be set just below $280, depending on the entry point. **Disclaimer**: This analysis is based on technical patterns and market sentiment but does not constitute financial advice. Always consider doing your own research or consulting with a financial advisor before making investment decisions. This guide aims to help retail investors navigate Tesla's stock with a strategy that blends technical insights with market sentiment, offering a clearer path through the often volatile and exciting world of Tesla's stock market journey.Longby globulltrader224
TSLAHi guys, In this chart i Found a Demand Zone in TSLA CHART for Positional entry, Observed these Levels based on price action and Demand & Supply. *Don't Take any trades based on this Picture. ... because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank you Longby GirirajKoppalUpdated 3
Another TSLA Bull FlagSimilar looking bull flag/wedge here on TSLA as last week. The last one led to a downside break, we'll see about this one. Structure is still bullish and we have a bullish pattern on the 15m, but it is smack in the middle of the range so not the best spot to open positions IMO. Will be looking for a break and play according. Ideally any breaks will result in a retest to long or short. I would just target the top or bottom end of the range on the chart.Longby AdvancedPlaysUpdated 6
TSLA ConsolidationWe are seeing TSLA consolidating sideways after breaking out of its triangle, The flow is extremely bullish in the short term, This has a lot of potential for another move to the upsideLongby TheBullandBearLoungeUpdated 6
$TSLA to $540 then to $380 ??I am novice in charting. Please share your thoughts on this idea. NASDAQ:TSLA eventual short squeeze to $540 with a correction to the mean approximate $380/share. I hand drew these markers so these are approximate values but i think pretty close. These are the values i intend to play. Perhaps I will sell the majority of shares prior to $500 when there would be an expected resistance level at this whole number value. Perhaps I would leave 20% to ride and sell at anticipated peak of $540. Honest criticism appreciated. Tell me if i am no good at this at all. thanks.Longby Rich_BuddyUpdated 2
Dip to 337.89 to 347.60THE STARS have spoken Is it the truth? No idea But this is what has been fortold to me. Love you guys no idea what i'm doingLongby gleefulApple00101102
TESLA_30M_Buyhello Analysis of Tesla shares in the short term time frame. The market is in an upward trend, which is at the end of the correction and can continue the upward wave again. Support number 340.00 Target range from 370.00 to 385.00Longby Elliottwaveofficial2215
TSLA Approaching Key Resistance: TA for Nov. 20, 2024TSLA is trading within a rising channel, showing a strong uptrend with higher highs and higher lows on the hourly timeframe. As it approaches a critical resistance zone, TSLA presents a range of opportunities for scalping and swing trading. This analysis will guide you with actionable strategies for both short- and medium-term setups. Market Structure Overview * Uptrend Channel: TSLA is respecting an ascending trendline, with momentum building for a test of the $350.00 resistance. * Volume Trends: Declining volume near resistance suggests cautious buyers awaiting confirmation, while overall volume supports a continuation. * Price Action Insight: Currently trading at $345.00, TSLA is poised to test $349.50 - $350.00, a critical resistance zone. Liquidity Zones * Demand Zone (Support): $330.00 - $335.00. Buyers have consistently stepped in here during previous pullbacks. * Supply Zone (Resistance): $350.00 - $355.00. Sellers may emerge near this range, as it aligns with prior rejection points. Order Blocks * Bullish Order Block: $330.00 - $332.00. Watch for buying interest on pullbacks to this area. * Bearish Order Block: $350.00 - $352.00. This range represents a potential profit-taking zone or short-term resistance. Key Levels * Support Levels: $330.00, $335.00, $340.00. * Resistance Levels: $349.50, $355.00, $362.00. Technical Indicators * 9 EMA & 21 EMA (Hourly): TSLA is trading comfortably above these EMAs, indicating strong bullish momentum. * MACD (Hourly): Bullish crossover with increasing histogram bars, pointing to continued upward momentum. * RSI (Hourly): Near 65, leaving room for further upside before entering overbought territory. Scalping Plan * Entry: Enter long on a pullback to $343.00 - $344.00, using bullish candles as confirmation. * Exit: First target at $348.00, with an extended target at $350.00. * Stop-Loss: Place a stop below $342.00 to manage risk. * Game Plan: Focus on quick momentum trades around breakout and support levels. Use high-volume candles for confirmation. Swing Trading Plan * Entry: Accumulate positions near $330.00 - $335.00 demand zone for a swing setup. * Exit: First target at $350.00, with extended targets at $355.00 and $362.00. * Stop-Loss: Set below $328.00 to limit downside exposure. * Game Plan: Look for continuation patterns such as bull flags or ascending triangles above $340.00 for additional entry points. Projection If TSLA sustains its current trajectory, it is likely to test $350.00 in the near term. A breakout above this level could push the price toward $355.00 and eventually $362.00. However, failure to hold $340.00 may lead to a retest of $335.00 or $330.00, offering another buying opportunity. My Thoughts TSLA is showing resilience within its ascending channel, making it an attractive play for both scalpers and swing traders. Scalping opportunities lie near $344.00, while swing traders can position themselves near $330.00 to ride the trend higher. Manage risk diligently and allow the chart to dictate your decisions. Disclaimer This analysis is for educational purposes only and is not financial advice. Always perform your own research and consult with a financial advisor before trading. by BullBearInsightsUpdated 2212
Tesla UpdateToday was yet another day of chopping within this area. I will re-iterate, we're waiting on wave c of A to commence, or for price to make OMH. My primary analysis remains we have topped; however, we have no confirmation of that. As you can see by the labels on the chart, I am counting this move off of the 23 October bottom as an abc pattern. There is the possibility it is a 5-wave c wave according to the turquoise labels. Should the ALT be the case, we would be looking for OMH into the area of $376-$397. This area has our larger 1.618 @ $395.90 (orange fibs) and turquoise 2.0 @ $397.25. The depth in which MACD dropped makes me feel this is not a wave 4, but y'all know MACD doesn't dictate the count. It is just a tool we use to help us in labeling the structure. In short, price raises to make OMH or begins dropping from here towards the lower target box. Please let me know if you have any questions.by TSuth8
STOCHASTIC RSI H&S Pattern formation backing downAfter a turbulent few weeks, a few indicators formed the H&S, which is seen as identical to two significant components in indicators. We called it at 350 but still haven't seen a clear sign for an entry. The MA is staggering up but slowing down as the charts spike up and down in both directions. On Bollinger, Keltner, and TTM, we are seeing similarities that point to the shy mark of 300.Shortby themoneyman805
TESLA: Roadmap for future tradesMarked some important levels for future reference. Want to validate those levels in future.by vkfinserv4
$TSLA Parabolic Chart I charted the daily and this jumped out at me. Possible parabolic move coming for TSLA to 780 with a 30% pullback to 550? It's reasonable considering that would take us to a 2.25 trillion market cap thereabouts which is still reasonable considering the likes of apple, msft, and others.Longby Rich_BuddyUpdated 1110
TESLA UPDATE! TESLA Update. Will we be seeing these gap-fills happen! ------------------------------------------- Will we see a Gap move down on opening tomorrow 21/11? Then a huge push up? ------------------------------------------------- Lets see!! Shortby PipsandTicks19
Tesla's Next Big Move: Holding Strong or Breaking Down?Good morning, trading family! Here’s a quick and easy breakdown of Tesla (TSLA): Key Levels to Watch: If TSLA holds $336: We may see a move up toward $358 as buyers take control. If TSLA breaks below $336: Look for potential downside targets at: $329 $322 $315 If TSLA finds support at $315: This could set the stage for a bounce and a possible rally back up. Remember to trade what you see, not what you think. Mindbloome Trading // Kris14:55by Mindbloome-Trading1
[LONG] TSLA has a very long base! The longer the base, the higher and stronger the push is! Get ready! This is the ultimate setup!Longby shanytc4
Tesla Reverse HS backed by Elliott Wave Theory since 2019g.Weekly chart showing @TSLA HS-pattern confirmed by Elliott Waves since 2019. First min. target is 480-ish for the HS. This can also go many x the height of the head, so this is just a minimum. This is also Elliott Wave 3 in the smaller impulse wave of the larger cycle. Underlying though, is a much larger Elliott- cycle, where oct. 2019 - Jan. 2023 is wave 1. This larger cycle has the potential to make wave 3 a lot longer and might send the price up to the $1000s. Not financial advice, but personally I have put the money where my mouth is.Longby Lovise2
TSLA Tesla 24hr potterboxTSLA Tesla 24hr potterbox is trading above the cost basis line in the box. if it opens above the 50% cost basis line it will probly stay above that line. we shall see in the morning.Longby potrod1
Tesla UpdatePrice is still chopping around in my b wave target box, and thus far, the 0.786 is holding up. If the structure is to continue along the expected pathway, we should start to drop, ideally tomorrow, towards the c of A target box. That is not saying we get there tomorrow, just that I would like to see us begin our journey down. As the label suggests that should be the c wave of A. It will present as either a 3 or 5 wave pattern. Usually, this part of the pattern would have a stronger move then the rest. That is what usually causes MACD to print the lowest reading of the structure. The ALT count suggests that we get another high above the last @ $362.80. As stated prior, should price breach the top of the target box, odds of another high raise dramatically. It wouldn't be a guarantee, but would raise the probability significantly.by TSuth3319
Tesla’s Next Move: Riding the Q3 MomentumDescription: In this analysis, we dive deep into Tesla’s recent performance and explore potential future price action. Fueled by an impressive Q3 earnings beat, Tesla has seen a bullish surge. Here, I’ll guide you through key technical and fundamental insights, using the FibExtender Pro to map out support and resistance zones, and provide a structured plan for potential entry, profit targets, and stop-loss levels. My goal is to offer a clear perspective for those considering Tesla’s next moves, balancing optimistic outlooks with realistic caution in case of market reversals. Introduction: NASDAQ:TSLA has been the talk of the market this past week, with its third-quarter earnings report surprising analysts and investors alike. The company not only exceeded revenue expectations but also showcased significant growth in profit margins, particularly in its energy generation and storage segments. This recent performance has set a bullish tone, sparking a 26% surge in Tesla’s stock price over just a few days. This idea aims to explore Tesla’s current momentum, analyze key technical levels using the FibExtender Pro script, and present potential trading opportunities for the days ahead. I’ll break down my thoughts into straightforward sections for entry points, profit targets, and stop-loss levels based on recent data, technical indicators, and broader market sentiment. Tesla’s Q3 Earnings Fueling the Bullish Trend Tesla’s third-quarter report painted an impressive picture, with strong revenue growth and margin improvements that bucked some of the broader economic trends affecting the automotive industry. As electric vehicle adoption accelerates, Tesla continues to leverage its market leadership, supported by CEO Elon Musk’s optimistic guidance on future vehicle sales and advancements in autonomous technology. Notably, the company reported a significant 20-30% expected vehicle sales growth for 2025, adding fuel to the stock’s upward momentum. This positive sentiment, combined with Tesla’s ambitious long-term goals (such as robotaxi deployment by 2026), has prompted many analysts to revise their price targets. While some have remained cautious, noting high valuations, the consensus leans towards a bullish short- to mid-term outlook, primarily due to Tesla’s earnings momentum and strong brand positioning. Technical Analysis with FibExtender Pro: Key Levels to Watch Using the FibExtender Pro script, which identifies Fibonacci-based support and resistance zones, we can map out Tesla’s potential price action in the short term. As illustrated in the chart, two crucial levels have emerged: a resistance zone near $277 and a support zone around $233. Let’s walk through these levels and explore possible scenarios for Tesla’s price action. Resistance at $277 : This level has been marked as a critical resistance zone based on recent price action and Fibonacci retracement levels. Given Tesla’s recent surge, reaching this level is a strong possibility if the bullish momentum continues. A breakout above $277 would indicate a strong bullish continuation and could open doors for Tesla to test even higher resistance levels, potentially moving towards the $290-$300 range. Support at $233 : On the downside, $233 represents a major support level where buyers may step in if Tesla faces a pullback. This level serves as a safeguard against market reversals, providing a solid entry for those looking to buy Tesla at a discount if market conditions turn volatile. Potential Trade Setup Entry Point: If Tesla’s bullish momentum continues, entering around the $250-$255 range would be ideal. This level allows us to capitalize on upward momentum while keeping a buffer below the resistance zone. However, patience may be key here; waiting for a slight pullback or a consolidation period around this range could provide a better risk-to-reward setup. Profit Targets: First Target at $277 : This is the initial resistance level, and a prudent place to secure partial profits, particularly if Tesla faces resistance here as it did previously. Extended Target at $290-$300 : If Tesla breaks above $277 with strong volume, the next resistance zone sits in the $290-$300 range. Reaching this level would signal continued bullish strength and could offer further upside for those willing to hold. Stop-Loss Level: To manage risk, consider placing a stop-loss just below the support level at $233. This stop will protect against a deeper pullback, potentially caused by profit-taking or broader market weakness. A more conservative stop could be placed at $240 to accommodate minor fluctuations while still protecting capital. Analyzing Broader Market Conditions While Tesla’s recent earnings and price action are compelling, it’s crucial to account for the broader market context. Macro-economic headwinds, particularly interest rate hikes and inflation concerns, continue to affect growth stocks. Additionally, Tesla’s valuation remains high, and any negative shift in investor sentiment could lead to a correction. Here’s how these factors play into our analysis: Interest Rates : Rising interest rates could create resistance for high-growth stocks like Tesla, as higher borrowing costs can impact both consumer spending and Tesla’s operational expenses. EV Competition : Although Tesla remains the market leader, increased competition from other automakers, such as Ford and Rivian, could influence its long-term dominance. Keeping an eye on developments within the EV sector is essential for assessing Tesla’s sustainability. Considering these factors helps us balance the optimistic outlook with realistic caution, preparing for any unexpected shifts in market sentiment. My Thought Process Behind This Trade Idea From a technical perspective, Tesla’s recent surge post-earnings provides a strong bullish setup. By analyzing the FibExtender Pro ’s support and resistance levels, I’ve identified the $277 level as a short-term profit target. My goal is to provide readers with a comprehensive view of Tesla’s current momentum and map out a clear trading strategy, combining fundamental strength with Fibonacci-based technical analysis . This approach is especially helpful in markets like Tesla’s, where rapid moves often require adaptable entry and exit points. Furthermore, it’s essential to consider profit-taking strategies. As Tesla approaches each resistance level, locking in partial profits can protect against sudden reversals, while maintaining upside exposure for continued gains. With stop-losses positioned below support, this strategy offers a structured risk-reward setup, balancing bullish optimism with prudent risk management. Conclusion Tesla’s recent performance and bullish sentiment provide a promising outlook for the stock. However, as with any trading decision, it’s essential to balance the potential upside with well-planned risk management. Based on the FibExtender Pro analysis, Tesla’s next key resistance level lies at $277, with an extended target of $290-$300. Support at $233 offers a safety net in case of market corrections. This idea aims to guide traders through Tesla’s current setup, blending fundamental insights with technical precision. By following this structured approach, we can make informed decisions, capitalizing on Tesla’s momentum while safeguarding against potential pullbacks. Whether Tesla continues its bullish climb or encounters resistance, this analysis provides a framework to adapt and respond confidently. Key Takeaways: Entry Range : $250-$255 Profit Targets : $277 (first target), $290-$300 (extended target) Stop-Loss : Below $233 (preferably around $240 for a conservative buffer) This trading idea seeks to balance optimism with caution, setting realistic targets that align with Tesla’s recent performance and technical signals. Remember, while the bullish setup is promising, unexpected market shifts could impact Tesla’s trajectory. Stay alert, manage your risks, and adjust your strategy based on real-time market feedback. Trade safe and stay informed! Let’s make smart moves together. – TradeVizionLongby TradeVizionUpdated 3
Daily bearish divergence but hidden bull divHello lets dive right in RSI on daily shows a bearish divergence however on the daily RSI we also have a hidden bull divergence on the downside we see decreased volume which indicates lack of interest in the stock at current prices. BUT. we have structural edge in a cup and handle pattern and we are testing resistance as we speak so if we break out volume will come. on the bullish side gap is only partially filled from todays trading session which is another bullish signal. So, i came up with 2 scenerios both of which are based on tomorrows nvidia earnings to carry each trade: if nvidia reports good earnings and give a solid move on the stock it will move tesla via sp500 correlation and carries the trade to 18%+ move up to ATH. if bad it will help the bearish side and it is possible we will correct to previous resistance turned support (270 area) what bulls would like to see is a partial gap fill and go so anything on the 273 or 263 is healthy still and a good bullish retest for a local low. further down we have the 226 the daily 150 moving avg and although it is a good dip to buy from its worse because we then get within the red line and it could prove resistance once more, hurting the integrity of our HS bottom. if it crashes like that, bulls would like to see it rejects hard to the upside with FORCE. im bullish on tesla in my bias another point i would like to say is: tesla can move regardless of nvidia and sp500 as it has done before so these will not correlate a 100% but the correlation is a good consideration as price action unfolds tomorrow. you are all welcome to view my other charts on tesla as i cover them often and have done so accurately.Longby Captainobvious54541