21 percent upside for TSLATSLA entry at 222
why ?
closing above 50 day MA
bounced off 200 EMA
FIb level retracement
Bullish movement in volume
RSI recovering
Stop loss should be 179
I know its far but trust me :)
TL0 trade ideas
TSLA is on inverstors radar-TA for 8/14Tesla (TSLA) based on the provided 1-hour chart:
Technical Analysis
Chart Overview
Trend Analysis:
TSLA has recently rebounded from its recent lows, showing a potential reversal from the previous downtrend.
The stock appears to be forming a higher low, which is a bullish sign.
Support and Resistance Levels:
Immediate Support: Around $194.72 (red line).
Major Support: At $182.00 (blue line), which marks the recent low.
Immediate Resistance: Around $202.41 (green line).
Major Resistance: At $206.85 (yellow line).
Volume Profile:
There is a high volume node around the $200 area, indicating significant buying interest and potential support.
The volume drops significantly above $207, suggesting that a break above this level could lead to a sharp move higher.
Momentum Indicators:
MACD: Currently above the signal line, indicating bullish momentum. However, the histogram shows a potential decrease in bullish momentum.
RSI: Not visible on the chart, but it's essential to watch for overbought or oversold conditions.
Price Action:
The price has recently broken above a consolidation range and is attempting to sustain above the $200 level.
The stock has made a series of higher highs and higher lows, indicating a short-term uptrend.
Market Data and Sentiment
Recent News and Catalysts:
Tesla's upcoming events and product announcements could influence market sentiment.
Recent developments in the EV market and competition could impact Tesla's stock performance.
Analyst Sentiment:
Mixed analyst ratings, with some upgrading TSLA based on strong fundamentals and growth prospects, while others remain cautious due to high valuation and market volatility.
Market Sentiment:
Social media sentiment is positive, with many retail investors optimistic about Tesla’s long-term growth.
Institutional sentiment is mixed, with some funds taking profits while others continue to build positions.
Price Levels and Trading Blocks
Buy Block:
Significant buying interest is noted around the $195-$200 level, which could provide support on pullbacks.
Sell Block:
Sellers are likely to emerge around the $205-$207 level, which has been a previous resistance area.
Suggestions for
Entry and Exit Points
Bullish Scenario:
Entry Point: Consider entering a long position if the price holds above $202.41 with strong volume.
Exit Point: Take profits around $206.85 and $209-$210 levels.
Stop Loss: Place a stop loss below $200 to protect against downside risk.
Bearish Scenario:
Entry Point: Consider shorting if the price falls below $200 and fails to reclaim it.
Exit Point: Cover the short position around $195 and $192 levels.
Stop Loss: Place a stop loss above $203 to manage risk.
Key Levels to Watch
Breakout Level: A break above $206.85 could lead to a strong rally towards $215.
Breakdown Level: A fall below $194.72 could lead to a retest of the $190 level.
Trading Strategies
Scalping:
Look for quick trades around the $200 level, buying on dips and selling on rallies.
Swing Trading:
Consider buying on pullbacks to the $195-$198 zone with a target of $205-$207.
A stop loss can be placed below $192.
Options Trading:
Call Options: For a bullish outlook, consider buying call options with a strike price near $205.
Put Options: If anticipating a decline, consider buying puts with a strike price around $195.
Conclusion
Tesla (TSLA) shows signs of a potential short-term bullish trend, supported by positive momentum indicators and a break above key resistance levels. Monitoring the $200 psychological level and the $206.85 resistance will be crucial in determining the stock’s direction for tomorrow and the coming week.
Disclaimer
The information provided in this analysis is for informational purposes only and does not constitute financial advice. Trading stocks and other financial instruments carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. Please consult with a financial advisor before making any trading or investment decisions.
TSLA - Bullish- or Bullshi-TSLA looks to be making a beautiful inverse head and shoulders.
Considering how far off it is from the ATH, I wouldn't be surprised if we reach it once more before creating a double top.
Butttt, I don't like jumping that far into the future...
Failure is always a possibility especially for such a large inverse head and shoulder - but I like the current price point, the current reversal pattern, the golden cross appearing on the 1 day and all the insider buys. This helps support a strong inverse H&S.
Positions currently holding are NASDAQ:TSLA calls for 9/20 strike 250 for now which are only up 50%. If NASDAQ:TSLA moves tomorrow I'm expecting 216 (there's a tiny gap there).
With all eyes on NASDAQ:NVDA these next two weeks will be interesting.
CPI is also being released tomorrow - most likely will be either below or at expectations.
This is not investment advice - trade at your own risk duhhhhhhhhh
TESLA Analysis follow up August / 13Like we saw earlier in the past analysis, we are crawling up towards that area of strong resistance and at that point we should see a huge pullback to the bear in a moment. i will do a thorough analysis later in the day to cover things up a little better.
Working through the Cup and HandleThis is a follow-up from a couple of weeks ago when I mentioned forming a cup and handle. We should see the formation completed unless Elon says something against the stock. With the stock trading over the 200 DMA, comments and feedback are appreciated.
Disclaimer: I do not own the stock.
TSLA on life support or what Its been a while since I've posted an idea and i can't ignore this set up on $TSLA. Looks like a bearish pattern but at an interesting level, Jan price after earnings under 208, will the bulls buy it?? where is Cathie ?? she doesnt want to buy more shares ? will you buy tsla rn or want a cheaper price ?. long story short TSLA is back on bearish territory under 210 and the bulls fought and wouldn't let it sell off under 195 today.. will they do the same tomorrow or will they buy it at 192-190 ??. Honestly whats going on with TSLA? Musk ?. bs stories everyday to make it jump look I know we have to trade the charts but they tell a story, and their story (TSLA) is not clear right now so it will be very interesting to see if the bulls can test 208 this week or will the bears make new lows around 185.
Comments your thoughts below and good luck this week
TSLA: Trading range: two situationsOn TSLA as we can see, we are in a trading range situation. Therefore, we are faced with two situations.
- First situation: If the resistance line is broken forcefully by a large green candle and followed by a large green volume we would have a high probability of having an uptrend.
- Second situation: If the support line is broken forcefully by a large red candle and followed by a large red volume this means that we would have a high probability of having a bearish trend.
TSLA no mans land TSLA is a BUY over $205.98 and $211 two major resistance levels and a sell with a close under $192.25 which is strong recent support.
TSLA 30 MIN CHART - Levels for week ending 8/16Good Evening!
I've drafted up my levels for the remainder of the week; trading through these levels is my game plan, and using strong support and resistance levels will provide commitment to a trade level with reassurance.
If you decide to use this chart as an aid, I would love to hear what your thoughts were.
Thank you, and good luck traders.
TESLA Launch Pad Tesla has been respecting the upward trend on the Weekly time frame quite well.
The recent price action seems to show resistance at the CC golden fib, forming a symmetrical triangle consolidation trend. We may see a move of 25% further down into a critical long term buy zone.
Tesla down to 140?TSLA rejected 205 level back in Feb/Mar on a retest causing a slide to 140-ish.
Will it reject it now and do the same ?
Tesla on the rise...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉TSLA has been overall bearish trading within the falling channel marked in red.
Currently, TSLA is hovering around a massive round number $200.
🏹 For the momentum to be shifted from bearish to bullish, a break above the last major high marked in red is required.
📈 In such a scenario, a movement towards the previous major high at $270 is expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Technical analysis on TSLA #TSLA I mainly use the Daily and 15 minute chart quite regularly unless otherwise then i will use the 5 minute but lets take a look at the daily and 15 minute timeframe. here
Daily Time Frame (1D):
##Let’s take a look at the bigger picture first:
Right now, Tesla’s stock is hanging around the $200 mark. If you zoom out a bit, you’ll notice it’s been a bit of a bumpy ride lately. The price seems to be showing some hesitation, like it’s trying to decide which way to go next.
##So, what’s the game plan?
There’s a key support area between $182 and $184. Think of this as a safety net where the price might land if it starts dropping. The idea here is that the price could dip down to this zone before bouncing back up, possibly even reaching $230. But don’t get too excited yet—there’s still some bearish energy in the air.
##What are the signals telling us?
The strategy that i am using here is pretty methodical, relying on signals that tell us when to buy or sell. There’s a cool little trick called the Heiken Ashi Smoothing indicator on the chart. This helps smooth out the noise, making it easier to spot trends. Right now, it’s suggesting that the overall momentum is bearish, but there are hints that things might start turning around.
##What does this mean for you?
Well, if you’re playing the long game, you might see a few green (bullish) days before the stock makes that drop towards the $182-$184 range. And if you’re quick on your feet, there could be some short-term opportunities to trade in and out during these consolidations. But be careful—there’s still a lot of uncertainty.
##15-Minute Time Frame (15M):
Now, let’s zoom in a bit:
On the 15-minute chart, things are moving a little faster, as you’d expect. We are still hovering around $200, but it’s had a slight dip. Nothing major, but it’s worth noting.
##What’s happening in the short term?
There’s been a lot of back-and-forth lately, with the price consolidating—basically, it’s been stuck in a tight range. This can be frustrating if you’re waiting for a big move, but it also presents some opportunities for quick trades.
##Should you make a move?
The signals are still showing some bearish vibes, but just like on the daily chart, there are signs that a reversal could be coming. If you’re looking to make a quick trade, there might be a chance to jump in during this consolidation phase and ride a small wave before the price makes a more decisive move.
TSLA Bear Flag Short IdeaTSLA has a nice looking bear flag on the 1hr after seeing a massive fakeout above it's major 2.5 year downtrend. It definitely looks like a bearish chart to me all things considered, but this could provide a long opportunity if it did gap up above tomorrow.
For now I consider it bearish and will be looking for a break below the bear flag and a retest where I plan to enter puts targeting the low from last week and the trendline support below, which comes from the April low. It'll be looking pretty rough for bulls in my opinion if it does break that uptrend from April, but as of now I'll take it one step at a time.
TSLA Bearish Pennant
NASDAQ:TSLA
I'm torn on Tesla (TSLA). While I believe Elon Musk is a visionary leader, the stock's short-term outlook appears challenging. Increased pressure from Chinese manufacturers like BYD and broader macroeconomic headwinds make a bullish picture difficult.
Tesla is more than just an automaker, with tailwinds from its energy storage, self-driving, and robotics divisions. However, these aren't likely to materialize in the near term.
Recent Developments:
Broke below 200-day moving average (DMA).
Retested and failed to break above the 200-DMA multiple times.
Formed a bearish pennant pattern between the 200-DMA and 100-DMA.
Bullish Case: TSLA recently broke above a downward trend line and is finding support on the 100-DMA. If this holds, we could see higher highs compared to the most recent run-up.
Bearish Case: A break below the bearish pennant while below the 200-DMA could target the previous low this year. While there's a chance of a buying spree at that point, a continued decline is also possible.
Tesla Monthly (Bearish)Let's keep this one simple:
➖ We have a downward bias based on a perfect trendline.
➖ This down-trendline is confirmed as strong last month with the session producing a wick above it, but closing below it.
➖ This bearish tendency is confirmed by this monthly session turning red below this trendline.
➖ Trading volume has been declining since February 2020.
➖ The peak has been clearly established November 2021.
➖ Current session trades below 0.5 Fib. retracement.
There is a strong, multi-year long bearish bias on the long-term TSLA stock chart.
👉 Current price action and market dynamics, points toward lower prices.
Namaste.
TESLA: Long Trade Explained
TESLA
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy TESLA
Entry - 200.24
Stop - 184.06
Take - 229.00
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
TeslaPrice is consolidating in the range of 180 to 200 in the form of ascending triangle. If it sustains 200 zone then price can move up.
Buy above 203 with the stop loss of 201.5 for the targets 204.5, 206, 207 and 209.
Sell below 198 with the stop loss of 199.5 for the targets 197, 195, 193 and 191.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
TSLA - Loch NessThe Monster is literally throwing the cookies out of the mouth. Check my previous chart:). I am half in TSLQ again for now but in a few weeks I hope to switch back to just fully owning a company I adore.
This small difference is the ONLY difference! (TSLA Long Entry)This pretty much sums up my trading strategy without going to detailed into the theory behind it.
Hope this was helpful for those who are here to learn and develop their own strategies using this style of analysis.
As always, here to answer any questions you have!
Happy Trading :)
Nailing TSLA Longs Live & Trading Truths - A bit of everything!If you've been following along my journey then you'll appreciate the insights I share in this video. Yes, I take an excellent trade on TSLA here - but more so, I talk about the reality of trading and what it took to get me to where I am today.
I appreciate all of you so much for supporting me and joining me on this journey and I'm so excited to continue to build on our knowledge of the markets and of life.
Have an excellent weekend traders &
Happy Trading :)
Where TSLA might be headed 8/9Technical Analysis (TA) Overview:
Trend & Price Action:
Current Price: $200.63, with resistance around $203.38.
Downtrend: TSLA has been in a downtrend as indicated by the descending channel (parallel lines).
Moving Averages:
50 EMA (Green Line): Price is currently testing this level, which might act as resistance.
200 EMA (Purple Line): Located around $220.18, this serves as a significant resistance level if the price manages to break out of the current downtrend.
Support and Resistance:
Support Levels:
$188.53: The price recently found support around this level. If the price drops below this, the next level to watch is around $182.16, which is just above the recent low of $182.00.
Resistance Levels:
$203.38: The current resistance. Breaking above this level could signal a potential reversal or at least a relief rally towards higher resistance levels.
$220.18: The 200 EMA could act as a strong resistance if the price continues to rise.
Volume:
Volume Analysis: Volume is relatively high at 215.306K, indicating strong market participation. If volume increases on an upward breakout, it could confirm a bullish move.
Chart Patterns:
Descending Channel: TSLA has been trading within a descending channel, which suggests a bearish trend. However, the price is near the upper boundary of this channel, which might either result in a breakout (bullish scenario) or a rejection and continuation of the downtrend (bearish scenario).
Potential Scenarios & Strategies:
Bullish Scenario (Breakout Above $203.38):
Entry: If TSLA breaks above $203.38 with strong volume, this could indicate a bullish reversal. Consider entering a long position around $203.50-$205.00.
Target: The first target could be around $220, which aligns with the 200 EMA. If the price surpasses this, further upside towards $235.92 or even $249.89 is possible.
Stop-Loss: Set a stop-loss slightly below the breakout level, around $198.00, to limit potential losses in case of a false breakout.
Bearish/Neutral Scenario (Rejection at $203.38):
Entry: If the price fails to break above $203.38 and shows signs of rejection, consider entering a short position or waiting for a lower entry if you are holding long.
Target: A pullback could bring the price back down to test the support levels at $188.53 or even $182.16.
Stop-Loss: If entering a short position, set a stop-loss just above the $203.38 resistance, around $205.00-$206.00.
Continuation of the Downtrend:
Entry: If the price falls below $188.53 with strong selling pressure, it might continue downwards. Consider shorting or avoiding new long positions until a clear reversal signal appears.
Target: The next support to watch would be around $182.16, with a possible further drop towards $170-$175.
Stop-Loss: Set a stop-loss above $190.00 if shorting to protect against sudden reversals.
Conclusion:
Key Levels to Watch: $203.38 on the upside and $188.53 on the downside.
Strategy: Wait for a decisive move above $203.38 or below $188.53 to enter new positions. If holding a long position, consider reducing exposure if the price fails to break resistance or if it drops below key support levels.
