TSLA: Bearish ChannelWe see on TSLA that buyers are trying to break the resistance line. If this is done and also if the vwap indicator is forcefully broken by a large green candle, we would have a high probability of seeing the market go higher. But first, all these conditions must be met.Longby PAZINI195
TSLA: Patience to buy the dip, but it will be rewarded!Earnings are forecast to grow 17.06% per year Earnings grew by 1.3% over the past yearLongby Maximus20000332
Tesla (TSLA) VOL 2. | Retest After The Breakout!Hi, Some months ago I shared the Tesla idea, and it worked out perfectly! Now the second opportunity, we have seen that the price of Tesla has made a breakout from the trendline. It has seen quite a few attempts to break through it, all failed but not the last attempt, the last attempt was quite powerful and the retest area is also quite strong so these are the major reasons I would like to share this idea. Obviously, do your own work but if it is matching with mine then you are probably ready to go ;) Good luck, VaidoLongby VaidoVeek8
Now me thinks TSLA needs to go up... FASTI've kept this simple for now as I'm away at the moment, but we're looking at the AS to UT territory now, so it's just going to be full zoomies up IMO. As we get more structure in from this bottom, I'll update the post on a smaller timeframe for more accuracy, but you can have a look at my previous post and read through the updates for an idea of what I'm getting at (nothing's changed, that idea was just getting too long to scroll through + the general idea is LONG now). [ ]Longby ash4zeker242469
TeslaWe can see three different patterns in 3 time frames namely trend consolidation, falling wedge and rounding top. 200 is rounding bottom pattern completion zone and can act as a strong support. Buy above 209 with the stop loss of 207.5 for the targets 211, 213 and 215. Sell below 205 with the stop loss of 207.5 for the targets 203.5, 200.5 and 198. 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.by vanathiUpdated 12
$1 Trln Wipeout: Mega-Cap Tech Stocks Hit Hard Amid Market RoutThe tech sector is reeling after a staggering $1 trillion wipeout in market value at the start of trading on Monday. This massive drop reflects broader market turmoil, with the Nasdaq plunging over 3% as it grapples with its steepest three-week slide in two years. The fallout is severe, with major tech giants like Nvidia, Tesla, Apple, and Amazon bearing the brunt. Tech Giants' Massive Losses The seven most valuable U.S. tech companies lost approximately $995 billion in market cap early on Monday. Nvidia saw its valuation fall by over $300 billion, although it managed to recover about half of that loss. Apple's market cap dropped by $224 billion, while Amazon's fell by $109 billion. Tesla, Microsoft, Alphabet, and Meta also experienced significant declines. This sell-off comes on the heels of a tumultuous period marked by increasing recession fears. A disappointing U.S. payrolls report and a historic 12% drop in Japan's Nikkei 225, reminiscent of the 1987 Black Monday crash, have intensified market anxiety. Bitcoin, often a barometer for risk appetite in the crypto space, also plummeted 11%, further signaling investor jitters. The AI Investment Debate The tech sector's woes are compounded by concerns over the return on investment in artificial intelligence (AI). Nvidia, which once enjoyed a meteoric rise due to its GPUs fueling the AI boom, has seen its market cap fall from over $3 trillion to below $2.5 trillion. Despite impressive revenue growth, some analysts are cautioning against potential overinvestment in AI, suggesting that the hype may be overshadowing tangible returns. Goldman Sachs has issued warnings about the limited progress seen from the substantial AI investments made by leading tech firms. Similarly, Elliott Management has labeled Nvidia’s situation as a "bubble," indicating a broader skepticism about the sustainability of the current AI-driven rally. The Broader Impact The broader technology sector is now facing a reality check as companies like Amazon, Alphabet, and Microsoft grapple with the financial strain of their AI investments. The recent drop in their stock prices reflects growing concerns that these investments may not yield the expected results in the near term. Additionally, Warren Buffett's Berkshire Hathaway's decision to cut its stake in Apple has only intensified fears about the tech industry's future. As Wall Street shifts its focus to safe assets and anticipates potential Federal Reserve rate cuts, the tech sector's road ahead appears increasingly uncertain. The current market rout underscores the volatile nature of tech investments and the growing anxiety over the real impact of massive AI expenditures. Technical Outlook As of the current time, the shares of Tesla ( NASDAQ:TSLA ) stock have declined by 4.54%. Despite this, the stock is trading above the 100-day Moving Average (MA), with the Relative Strength Index (RSI) at 39, indicating a continuation of the bearish trend. Conclusion The $1 trillion wipeout highlights the volatility and risks inherent in mega-cap tech stocks, especially amid economic uncertainty and evolving market conditions. As the sector navigates this challenging period, investors will be watching closely to see how these tech giants adapt to the shifting landscape and whether they can recover from this significant setback.Shortby DEXWireNews5
Tesla Target DriveThis a simple one with a destination in sight with multiple scenarios possible. Simulated projections gave rise to the elements in the project where potential support/resistance or influence zone might occur regardless of the path. I have a slightly grim outlook for Tesla and won't be at all surprised if it slowly decreases in value ignoring the ultimate target, but will still look forward for the price action near the elements for potential reversals preferably with some Candlestick Patterns that include longer shadows. There are some time zones highlighted in this project where I will be having a closer look at any signs for a potential entry in either direction. Hopefully a significant event will occur in at least one of them, maybe a longer candlestick typical run that can signal the start of a longer wave. If the price reaches the longer slim red rectangle, I don't see this as a potential reversal zone, rather as a potential consolidation zone or even a zone with surprises where gaps can occur after a close near this one. This is the blue print for the plan that takes into account multiple scenarios when preparing the Nen Zone for this Stock, and hopefully we will have some nice coincidences and synchronicities between the market and the elements to at least raise the question if the projections simulation exercise was relevant or at least interesting.by nenUpdated 4
TSLA needs to come down still me thinks... You can see the slanted Wyckoff distribution tracks perfectly with the top example in this screenshot here ibb.co - had to do this because every time I upload this idea, it misaligns a lot of the drawings (though if anyone can tell me how to post an image into these comments, that would be useful). We've hit the Wyckoff distribution resistance, and TSLA is now showing/at SOW. With that example in mind, it suggests we still have some room to fall on this small time frame distribution. On a larger scale, we are still falling to hit the SOW in phase B. On an even larger scale, we still haven't retraced enough from the peak of the inverted H&S pattern. H&S pattern retracement theory standards are to fib levels 0.382 ($220), 0.5 ($205) + 0.618($189). The SOW in phase B can hit down with quite some force, so I'm expecting it to most likely close the gap down at 212 (completing the necessary retracement for the inverted H&S too). Once hit (hopefully ahead of Tuesday 4pm earnings report but who really knows), I expect a move to the upside to hit the UT in phase B. Having done some backtesting I’ve found the exact same pattern a number of times, and once the AS has completed, it’s a fast move to the upside which would lineup to an earnings report style move IMO. If I've missed something/something doesn't make sense/I’m clearly wrong somewhere, let me know :) — PLAN: close short @210 range (could reverse within the range of 205-220)Shortby ash4zekerUpdated 2222171
Tesla Bearish Symmetrical Triangle ready to collapse to $160? I am a big advocate for Tesla shares but I don't think the world crash will hold even this car giant. So, technically it's in a Symmetrical Triangle and it's currently in a range. It will continue to go down to the bottom of the range at around $160. But if the price breaks below that, we can see $100 for the Auto Giant - which I hope we don't see. Let's see how it goes. Shortby Timonrosso1
TSLA TA for tomorrow 8/5Technical Analysis for TSLA Short-Term Trading (1-3 Days) Potential Direction: Given the bearish trend and current support tests, TSLA might continue to decline if it fails to hold above the $208.00 support level. Entry and Exit Points Long Entry: Entry: Above $219.23 if it breaks above with strong volume. Exit: Near $236.27 (first resistance) or if it drops below $219.23. Short Entry: Entry: Below $208.00 if it shows continued weakness. Exit: Near $186.36 (first support) or if it climbs back above $208.00. Long-Term Trading (Weeks to Months) Potential Direction: Monitor if TSLA can establish a base above $208.00. A breach below this level could see a move towards the $186.36 support. If it holds, a rebound towards $236.27 or higher resistance levels is possible. Entry and Exit Points Long Entry: Entry: Above $219.23, indicating a trend reversal. Exit: Near $249.89 (higher resistance) or if price action weakens. Short Entry: Entry: Below $208.00, confirming further downside potential. Exit: Near $186.36 or upon bullish reversal signals. Additional Recommendations Risk Management: Employ tight stop-loss orders to protect against unexpected volatility, particularly around the $208.00 level. Monitoring: Stay updated on macroeconomic conditions and broader market sentiment which may influence TSLA’s price action. Combining technical analysis with a close watch on market sentiment will provide a robust strategy for trading TSLA. This is for educational purposes only. It is not financial advice. by BullBearInsights1
TESLA Support Ahead! Buy! Hello,Traders! TESLA is going down Now but the stock will Soon retest a horizontal Support of 200.00$ From where we will Be expecting a local Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too! Longby TopTradingSignals114
TSLA could hit back to $215-220NASDAQ:TSLA price is at the important price level of following: - Strong support area of $205-$208 price level - Fib 0.618 - Bullish divergence on 1h time frame Therefore: Price likely to pull back $215-$220 level If breaks upside over $220, $230 is evidentLongby MoneyJumper1
TESLA What Next? BUY! My dear friends, My technical analysis for TESLA is below: The market is trading on 207.61 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 216.75 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames. ——————————— WISH YOU ALL LUCK Longby AnabelSignals4458
TSLA = Bullish - hammered with bad news but its time to load up As you all know TSLA has been having a very bad time with all the bad news and major recalls and Hertz selling TSLA cars for way too low value. But, if we get a pumped up earnings which we might get as 3 days ago we had news that "Tesla to raise pay for US factory workers" which implies they are making money (think so). So a huge beat up earnings might be only catalyst for Tesla at the moment. And now looking at chart as RSi is at lowest, also we are at the bottom trendline that we can draw from May 2023 to as of today and we are at major support, So, if we hold up here and bounce we might actually see TSLA move only up from here. since TSLA has been dropping on earnings for past earnings, well it can happen this time also, as nothing is sure in this market. But its a probability and risk that we take with our own computations and due diligence. So do yours as well. Im buying here for potential target of $260 shortly with earnings and on the contrary $180, and on bullish case my monthly target remains at $320 in coming month or 2. Let's see where we go. Not an advice, do not follow blindly, do your due diligence too. Thanks.Longby amreetsapkotaUpdated 1111
$TSLA ONCE IN A LIFETIME FIBONACCI PYRAMID NASDAQ:TSLA ONCE IN A LIFETIME Fibonacci Pyramid Long Term Plan Buys: 200.55 177.25 144.07 Target 300🎯 Very close to my 200 entry! ppl thought I was crazy when I posted this pullback! I plan to LAYER OPTIONS and SHARES Drop a LIKE if DOWN!Longby tradingwarzone4446
TSLA Bearish Trend with Key LevelsTechnical Overview: - Support Levels: Immediate support at $164 (61.8% Fibonacci retracement). Further support around $100. - Resistance Levels: Primary resistance near $260 (38.2% Fibonacci retracement). - Moving Averages: The daily 50MA is currently above the price, indicating a bearish sentiment. - Volume Analysis: Volume is relatively stable, but a decrease could indicate further bearish movement. Outlook: Tesla is currently within a descending channel, showing bearish tendencies. A breakdown below the $164 support could target $100. Conclusion: NASDAQ:TSLA current bearish trend suggests a potential move down to $100, with key support at $164. Watch for volume changes and price action at these levels.Shortby CryptoFallen116