[TSLA] Tesla will continue to be strong for a long time.
Tesla will continue to be strong for a long time. If there is a correction, there will be a strong rebound in the first and second wave indicators.
TSLAD trade ideas
TESLA: Fractal Metrics
Fractal Cyclicality
Cycle I
The chart displays fractal cyclicality leading up to a major breakout. It emphasizes the progression of swing percentages and cyclic patterns, potentially identifying the foundational structure for a larger trend. The use of layered channels adds depth to the analysis, showing both minor and major fractal levels.
Cycle II
The upward and downward swings in this cycle demonstrate increased volatility and amplitude compared to the initial cycle. This suggests a stronger market reaction and more pronounced trends within the fractal structure.
The price action aligns closely with the channel boundaries, indicating the preservation of the fractal framework while showcasing expansion within the structure.
The swings are visually more aggressive, with higher peaks and deeper corrections, highlighting the market's larger movements leading up to the breakout.
The cyclical patterns and overlapping fractal waves are more intricate, suggesting a maturing market phase with more participants and liquidity.
Cycle III
All three cycles exhibit a fractal nature with nested waves, maintaining consistency in cyclic progression through identifiable peaks and troughs.
The price movement continues to respect the broader channel boundaries, reinforcing the fractal geometry's framework.
Similar to the first two cycles, the third cycle shows distinct swings with well-defined percentage movements, suggesting a rhythmic market behavior.
Like the earlier cycles, the third cycle builds on the previous fractal structure, with larger amplitudes and deeper corrections, indicating scaling behavior.
Phi remain prominent and rooted across all cycles, suggesting persistent harmonic proportions.
Evolutionary Growth in the Third Cycle
The swings in the third cycle appear to be significantly larger than those in the first two, reflecting an increase in market volatility and participation.
The third cycle seems to be emerging over a more extended period, indicating maturation in the fractal evolution.
The deeper corrections, such as the -75.44% retracement, highlight stronger mean reversion tendencies before significant expansions.
Deja Vue, but not yet poppedMuch to high in a much to short time is not yet a bubble for good stocks, but correction time should be soon.
TSLA Technical Analysis (TA) and GEX Analysis Dec. 181. Overview of Market Structure:
* TSLA is in a strong uptrend on the 1-hour and 30-minute timeframes, consistently making higher highs and higher lows.
30-minute timeframes,
* The stock currently shows minor consolidation near 471 levels after a sharp upward move.
* A corrective pullback is evident on the shorter timeframes as the price tests support levels.
2. Key Support and Resistance Levels:
* Resistance:
* 483.99: Recent high acting as strong short-term resistance.
* 490 - 500: GEX levels highlight potential call wall resistance where significant gamma is positioned.
* Support:
* 464: Immediate support on the 1-hour chart (trendline support).
* 440: Secondary support level, reinforced by GEX 2nd Call Wall and technical significance.
3. Price Action Insights:
* TSLA has been trading within an upward channel visible on the 1-hour chart.
* Bearish divergence in MACD on the shorter timeframes (30 min and 1 hr) suggests potential short-term weakness.
* A breakdown below the trendline support at 464 could trigger a pullback toward the next major support at 440.
4. GEX (Gamma Exposure) Insights:
* Key GEX Levels:
* 500: 2nd major CALL Wall indicating strong gamma resistance.
* 470-480: High gamma concentration zone, which may cause price stickiness in this range.
* 450-440: Gamma support zone (31.61% CALL Wall).
* 410-425: Significant PUT walls that could act as downside targets if the price reverses sharply.
* Options Oscillator:
* Calls dominate the sentiment with 126.2% CALL GEX indicating strong bullish activity.
* IVR is at 105.6, reflecting elevated implied volatility and significant short-term options activity.
5. MACD and Volume Analysis:
* MACD:
* On the 1-hour chart, the MACD shows bearish momentum building with a crossover. This indicates potential downside pressure.
* On the 30-minute chart, MACD reflects consolidation as price corrects after a sharp upward rally.
* Volume:
* Volume spikes during the upward movement but fades during pullbacks, suggesting the retracement is likely a healthy correction rather than a trend reversal.
6. Trade Setups:
Scalp Trade:
* Bullish Setup:
* Entry: Above 473 with volume confirmation.
* Target: 480 and 483.
* Stop-loss: Below 470.
* Bearish Setup:
* Entry: Below 470 if the trendline breaks.
* Target: 464 and 450.
* Stop-loss: Above 472.
Swing/Day Trade:
* Bullish Scenario:
* Buy near support at 464-470 range with a target of 480 and 490.
* Stop-loss: Below 464.
* Bearish Scenario:
* Sell if the price breaks below 464.
* Target: 450 and 440.
* Stop-loss: Above 470.
7. Likely Direction:
* Bullish Bias remains intact as long as TSLA holds the upward trendline support near 464.
* Short-term consolidation between 470-480 may persist due to gamma stickiness in this range.
* Watch for price action around 470 for breakout or breakdown signals.
8. Actionable Suggestions:
* Scalp Buyers: Look for entries above 473 with tight stops.
* Swing Traders: Monitor the 464-470 support zone for potential buying opportunities.
* Put Sellers: Consider selling puts at 450 or 440 for premium income as gamma support builds near these levels.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your research and manage risk before trading.
TSLA-SELL strategy weekly chart It is not for the fainthearted trading this share currently, however, it is good to place things in perspective. Pre- US-election the share was trading around $ 250 and today we are after market $ 472 per share, which represents a move of 88% of the value before the election. For sure, the leader of the pack, is bright and a visionary and has achieved incredible things, and more so, it has shaped the EV space.
Now coming down to earth, technically we are way overbought from short- to long-term, and technically trading way above KC and extremely wide BB as well. So, the choice is yours.
Strategy SELL @ $ 460-480 and take profit at $ 390 for now.
Looking for a pullbackMy trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price above channels (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
VBSM is spiked positive
Price at or near 2.618 Fibonacci level
In at $477
Target is $352 or channel bottom
Tesla (TSLA) - Short Setup Incoming Tesla (TSLA) - Short Setup
Looking at Tesla on the 1-hour chart, we are observing a potential bearish scenario. The price has retraced into the 0.618 - 0.786 Fibonacci zone, forming a reversal structure in line with Elliott Wave principles.
This zone coincides with the prior breakdown level, making it a critical area of interest.
Trade Details:
- Entry: $462.27
- Stop-loss: $476.65
Targets:
- Target 1: $403.07
- Target 2: $360.66
Analysis:
The current bearish impulse indicates a possible continuation to the downside. With the first target near $403.07 (0.236 extension), this area will be watched closely.
If momentum persists, we could see a push toward $360.66, aligning with the -0.382 extension.
TESLA futureThe future of Tesla looks bright.
Elon Musk is telling you this already.
You just need to listen.
Tesla > Nvidia soon.
Tesla - Breakout level re-test complete. Could launch from hereHello Traders.
Looking at Tesla you can see many things that show Tesla is positioned to launch from here.
1.Previous times on the 2Hr since November when the 20/50 EMA crossed(DeathCross) Tesla went up shortly thereafter. It just crossed again.
2. Tesla recently broke out from ATH... but in the last few days came back down in a much needed cooling off and retested the breakout price and has bounced. This is MEGA bullish in my book.
3. You can clearly see an inverse Head & shoulder as well...
4. Bounced off the 2h 100EMA and Monthly VWAP.
So without even showing other indicators ,which agree as well, You can clearly see Tesla is positioned for another mega bullish run. We could see 500+ by end of Christmas week.. and it heading even higher into the new year.
TSLA From Erections Come CorrectionsTSLA From Erections Come Corrections while double topping.
These are both very powerful structures that have formed and bulls should be very cautious. Taking profits here is advisable.
Fundamentally speaking it goes without saying, that TSLA is stupidly expensive.
Here is my previous bull call in TSLA that yielded a beautiful 50% plus return.))
Tesla Short Till next bullish FVGTesla going down but look for reversal based on the Bullish or Bearish FVG. Follow for more in depth look.
TESLA tags my Target 2 price objectiveTracking Tesla is an exhilarating experience, thanks to its significant price fluctuations, the attention it garners, and the charismatic presence of Elon Musk. The momentum of this electric vehicle powerhouse seems unstoppable.
This year has truly been a wild ride for Tesla! It started with a dramatic 30% drop in stock value during the first quarter, fueled by worries about falling revenues and challenges with vehicle profit margins. This was Tesla's toughest quarter since late 2022. However, as we look at the current situation, the company's financial and operational performance is on the upswing. The enthusiasm and optimism surrounding this stock are off the charts.
Fortunately, we successfully capitalized on the two major movements from the peak of the previous cycle in 2021, leading us to the current extraordinary surge (or perhaps more fittingly, a "Marsshot!") that both the stock and Elon are experiencing.
TSLAhello friends
According to the upward trend, we can buy in pullback in the specified area, which is a good area.
Capital management should be observed.
Be successful and profitable.
Tesla Short 30 Min Chart Tesla Short 30 Min Chart After we see Resistance from Exterem Fibonacci Extension level
Target is SMA200
TradingView Idea for Tesla (TSLA)Technical Analysis Summary:
Current Signal: Hold
Oscillators: Bearish sentiment with Stochastic RSI and Commodity Channel Index suggesting sell signals.
Moving Averages: Predominantly bullish, indicating upward momentum.
Pattern: Channel up pattern suggests potential bearish movement towards support levels around $449.84.
Bollinger Bands: Indicate overbought conditions, suggesting a possible price correction.
Overall: Mixed signals with a slight bias towards caution due to bearish oscillators and emerging channel pattern.
News Sentiment:
Positive Sentiment: Predominantly positive news sentiment with 19 positive articles versus 5 negative ones, potentially driving investor confidence.
Fundamental Analysis:
Strong Metrics: High return on equity (ROE) of 19.35% and a solid current ratio of 1.84.
Valuation Concerns: High P/E ratio of 65.59 suggests potential overvaluation.
Analyst Recommendations:
Positive Outlook: 28 out of 60 analysts recommend buy or strong buy, indicating potential for growth.
Options Strategy Recommendations for Tesla (TSLA)
1. Bull Put Spread trade_id: g-645301
Signal: Bullish
Underlying Price: $471.77
Strategy Premium: $0.24
Max Gain: $24.00
Max Loss: $476.00
Breakeven: $392.26
Probability of Profit: 94.97%
Leg 1:
Action: Sell
Strike Price: $392.50
Expiration Date: 27-Dec-2024
Implied Volatility: 69.93%
Leg 2:
Action: Buy
Strike Price: $387.50
Expiration Date: 27-Dec-2024
Implied Volatility: 71.70%
2. Long Call trade_id: g-657308
Signal: Bullish
Underlying Price: $471.77
Strike Price: $395.00
Expiry Date: 20-Dec-2024
Premium: $68.92
Stop Loss: $62.03
Take Profit: $75.81
Probability of Profit: 59.39%
Implied Volatility: 92.64%
Max Loss: $6,892.50
Breakeven Price: $463.93
These strategies align with the current technical analysis and market sentiment, providing a balanced approach to trading Tesla options.
If at New York open this is under a Bearish FVG then wait to retest the most recent one to Short
Tesla (TSLA): Profits Taken, Pullback AnticipatedWhat a rise by NASDAQ:TSLA !
The stock has now reached the targeted wave 3 zone, and we might see some asset rotation out of Tesla into underperforming stocks that could attract renewed attention and capital inflows. Many traders have booked significant profits on NASDAQ:TSLA , and larger players are likely to do the same in the coming sessions.
As usual, our focus remains on building a new position during a pullback. We are targeting the 38.2%–50% Fibonacci retracement levels, which should provide sufficient support for another push higher, potentially toward $585 or more. A key level to watch is the old all-time high. Should bulls defend it effectively, waiting for an entry at $371.35 might leave us sidelined.
However, we see no reason to force or rush an entry into NASDAQ:TSLA at the moment. Patience remains critical as we wait for the market to come to us.
TSLA to 700?NASDAQ:TSLA This beautiful beast after a multi year consolidation has finally broken out. I am not a professional by no means nor am I advising anyone to blindly buy this. This company being rate sensitive has seen a massive boost since the first cut this year, with a larger bounce with earnings as well as political changes. All extremely bullish signals and the chart technical are showing bullish as well
24/12/13 Tesla 427 USD - volcano erupted Tesla actually as an high flyer. Since end of october, the value has been doubled.
Are there any fundamental reasons, to substantiate such a move?
100% for sure not. Why?
Musk will launch next year another cheaper car. This may help to keep the piece of the market, but not to increase very higher sales in total. 2024 tesla sold end of Q3 not more cars than in 2023. last quarter .- we will see. But chinese Market is blocked by there own. See, in what a velocity china creates new companies in EV. They do it in the same way how they did it with PV Moduls.
Musk also will push the robotaxi. But he has neither a requires functionality nor a permission for such vehicles. And dont forget, amazon and google have already such cars driving. Google with her daughter with 50000 bookings per week, which will generate a lot of datas, Tesla does not have. And lot of important Tesla people in this technology leaved the company this year.
But overall: the US taxi market revenue per year is roundabout 22 B USD. Maybe 10% net earnings. Even with driverless vehicles the net earings are 30%, maximal net earnings for Tesla will be in 3-4 years maybe 70 Million USD, 10 years maybe 800 Million USD (USA, europe). Discount it with 4% and you will see …
If this robotaxi are good enough, not to buy an own car… we will see. Every man liked his own car. And if not, this business model will cannibalize the own business.
So - Tesla is fundamental overrated.
Technical side see chart.
Maybe actually prices are driven by short covering (remember Volkswagen and Mr. Merckly was driven in suicide).
So, prices now on upper bollinger boundary.
Prices extrem above SMA 40 Weeks, which was a sign for sharp correction.
And - I guess, some Short Sellers are coming onto to the floor.
But - richest man in the world is naturally at any time aible, to buy for private, for several billions. That means: Hedge funds as short sellers must have min. 10-20 B USD to fight or covered.
Dan 13.12.24
$TSLA $420 break to the downsideTSLA - Stock holding above $420 support level if fails here we can see $415 and $390. Stock has decent hourly support here at $420. stock has resistance building up near $447. needs to break that level to continue to the upside. looking for puts below $420 here.
A Bullish Bet on Tesla: Leveraging OptionsUnderstanding the Strategy:
If you're bullish on Tesla and believe it could reach $700 by March 2025, a call option strategy can be a powerful tool to amplify your potential gains.
Call Options:
A call option gives you the right, but not the obligation, to buy a specific number of shares of a stock at a predetermined price (strike price) on or before a specific date (expiration date).
Maximizing Profit:
Identify the Strike Price:
Choose a strike price that is significantly below your target price of $700. For instance, a strike price of $500 or $600 could be suitable.
Select the Expiration Date:
Choose an expiration date that aligns with your target date of March 2025. This will give the option ample time to appreciate in value.
Consider the Time Value:
The longer the time to expiration, the higher the time value of the option, which can increase its cost. Balance the need for time with potential market volatility.
Monitor the Option's Price:
As Tesla's stock price rises towards your target, the value of your call option will also increase.
Execute the Option:
If Tesla's stock price reaches your target or exceeds it before the expiration date, you can exercise the option to buy the shares at the strike price and sell them at the higher market price.
Alternatively, you can sell the option itself for a profit, especially if the time value has significantly increased.
Remember:
Risk Management: Options trading involves significant risk. It's crucial to understand the risks and only invest an amount you can afford to lose.
Volatility: High volatility in Tesla's stock price can benefit option holders, as it can increase the value of options.
Time Decay: As the expiration date approaches, the time value of the option decreases. This is known as time decay.
Consult a Financial Advisor: It's recommended to consult with a financial advisor to discuss your specific financial goals and risk tolerance before making any investment decisions.
By carefully considering these factors and employing a sound options trading strategy, you can potentially maximize your profits from a bullish bet on Tesla.
Tesla Price TargetTesla (TSLA) has been on a tear lately, but with the completion of an inverse head and shoulders pattern, the stock looks like it is finally going to pull back. Fifty percent retrace aligns well with many pivot points around the $350 dollar level.
TSLA 1200 by end of 2024Analysis is based purely on price action.
1. There is an EMA crossover on the monthly timeframe, following “EMA Squeeze” and consolidation which lasted approximately 3 years.
2. Two bounces off Anchored VWAP.
*** An EMA crossover on the monthly timeframe that goes, pays well.
TSLA NEOWAVE ANALYSIS (DAILY)I thought of sharing this chart because the quality and pattern are working out to be excellent for the daily , and I'm curious to see where price will end up.
The pattern is an expanding triangle.
Normally, wave E will almost break above the A-C trendline.
Wave E is the largest, typically 138% to 161.8% of wave A or wave C, but it must be slightly longer than wave C.
Wave E appears to be most likely an impulsive 5 wave move with wave 5 just beginning.
