Big Consolidation, Big Move? NASDAQ:TSLA is going sideways in a range. This breakout will be explosive 🌋🧨 💥...
TSLAD trade ideas
The more time passes the more confident i amThe more time moves (i tried to catch the knife when i witnessed the reaction at 217)
i become increasingly more confident on an upmove (at least a gap close).
I wanted to make note that there's a baby head and shoulders bottom in this fractal change and we have bullish divs on RSI.
so it makes increasingly higher probability we will make a full rotation play to value high level (at about 250 usd) and fill the gap.
and i can make a lower timeframe trendline.
infinite money glitch here we GO
check my other posts on TSLA to enjoy my TA and the main idea for higher timeframes!
#Tesla Analysis : +20% so far, What's Next ? (READ THE CAPTION)By analyzing the #Tesla stock chart on the weekly (logarithmic) timeframe, we can see that, as expected in the previous analysis, Tesla stock faced selling pressure after reaching the supply zone of $233 to $271. This selling pressure intensified this week, causing the price to drop by about 20%, reaching $214. Currently, Tesla stock is trading around $220. We will likely see a slight upward move followed by further declines in the stock.
The Main Analysis :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
Expecting Bullish Prices on TeslaFrom this level the market price in my view is very likely to trade higher over the next few weeks to couple of months. I'm bullish here!
Let's see what happens over the next few weeks / next 2 months.
Tesla product event was also very promising and makes me more bullish on the company as Tesla is showing progress with their innovations from Vehicle design & technology to robots.
Nonetheless, note that this view is mainly from a technical perspective as opposed to fundamental.
Where Next for Tesla After the Cybercab Disappointment?Tesla’s latest “We, Robot” event failed to live up to the market’s high expectations, causing the shares to gap lower. With investors shifting focus to short-term challenges rather than long-term dreams, let's take a look at what’s next for Tesla.
Cybercab: A Vision With No Immediate Payoff
Tesla’s much-anticipated Cybercab ended up as more of a damp firework than a game-changer. The main disappointment stems from the distant production timeline. Investors were hoping for significant advancements in Tesla's product lineup, but instead, they were introduced to prototypes that won’t see commercial production until at least 2026. The lack of near-term revenue opportunities was glaring.
While the self-driving taxi concept fits Tesla’s futuristic vision, the event offered no immediate commercial impact. Alongside the Cybercab, Tesla also unveiled the Optimus humanoid robot and the Robovan. However, these products, though exciting in theory, are unlikely to contribute to Tesla’s bottom line anytime soon. The market was left wondering if these ambitious projects would bring any near-term benefits at all.
In the meantime, Tesla faces rising competition in the electric vehicle (EV) market, along with slower-than-expected Cybertruck production. The combination of these challenges, paired with the lack of immediate profitability from the Cybercab and other products, weighed heavily on Tesla’s share price.
Tesla’s Technicals: A Shift in Momentum
From a technical perspective, Tesla’s share price has seen a key shift in short-term momentum. In August and September, prices were trending higher, with expectations of retesting the July highs. However, the shares have hit a roadblock in October, gapping below its ascending trendline and the 50-day moving average.
With short-term momentum firmly bearish, Tesla is now approaching its 200-day moving average. If the bearish pressure continues, a retest of the August lows appears likely. A failure to hold these key support levels could fuel further selling pressure, making a recovery seem increasingly distant without a strong fundamental catalyst.
For now, Tesla looks stuck in a long-term range, with investors eyeing both long-term innovations and short-term challenges.
Tesla (TSLA) Daily Candle Chart
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TESLA the gift from ELON MUSKHi everyone,
I am going to long this tesla until the gap open. NASDAQ:TSLA
TESLA LONG FROM RISING SUPPORT|
✅TESLA is trading along the rising support
And as the stock will soon retest it
I am expecting the price to go up
To retest the supply levels above at 230$
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Tesla retest ? Tesla retest and look oic hold the lows , in we hold the coming weeks the lows . Long your longs .. NFA..
TESLA (TSLA) Plummets: Short Trade Hits Key TargetsTesla has shown a strong downward movement, breaking below key support levels. The entry point was established at 247.34, and since then, the price has declined rapidly, confirming the bearish momentum.
Key Levels
Entry: 247.34 – This level marked the beginning of the short trade as Tesla broke down below the Risological dotted trendline.
Stop-Loss (SL): 253.24 – Positioned slightly above the resistance formed by the recent highs, this level provides sufficient protection in case of a reversal.
Take Profit 1 (TP1): 240.03 – Already achieved, confirming the initial bearish move.
Take Profit 2 (TP2): 228.22 – The next level of profit where further downside pressure see sellers locking in profits.
Take Profit 3 (TP3): 216.40 – Tesla has reached this point, reflecting strong bearish momentum, possibly heading towards the final target.
Take Profit 4 (TP4): 209.10 – This is the final support level where the trade could conclude, given the sustained bearish sentiment.
Trend Analysis
Tesla has broken below both the Risological Dotted trendline (red line), indicating a solid downtrend.
The steep sell-off suggests the stock may continue its downward trajectory unless there is a strong reversal or news event that shifts market sentiment.
The bearish momentum is well in play for Tesla, and with TP3 already hit, the stock is moving towards the final profit target at 209.10
Tesla: Red on the YearThe S&P 500 is up about 23 percent this year, but Tesla has turned red again.
The first pattern on today’s chart is the $248.48 level were TSLA ended 2023. The EV maker managed to tick above that level in July and late September. But last week it returned decisively below it.
The stock also made a lower monthly high, which is potentially consistent with a downtrend.
Next, traders may see space to the downside. The late-August low and 200-day simple moving average are both near $202.50. Below that, chart watchers may eye the early August low of $182 and the June low of $167.41. The 52-week low is down at $138.80.
Given the strong performance in so many other names, TSLA’s weakness may stick out like a sore thumb. That may create further risks given this point on the calendar. Will investors, sitting on gains in other stocks, look to harvest tax losses in TSLA? Could it also fall prey to bearish “window-dressing” as yearend approaches?
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TSLA: Buy ideaOn TSLA as you can see on the chart we are in an oversold zone. This meant that we would have a good chance of seeing the market rise. This will only be possible if and only if the vwap indicator and the resistance line are broken forcefully.
Tesla - Back inside the channel?As long as Tesla stays inside the channel, there is a risk that we will visit the lower channel line.
Not financial advice.
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TSLA BULLISH
Tesla's recent event showcased the Cybercab and Robovan, advancing its vision of autonomous transport, but it left investors questioning the practicality and timelines. This skepticism led to mixed reactions and a drop in Tesla's stock. But is the media framing this as purely bearish news to trigger a reaction, or does it present a strategic buying opportunity?
Our Supply and Demand Analysis Perspective:
>On the Weekly chart, Tesla’s price drop landed right in the Weekly Demand Zone, indicating a value area where price is relatively low. This positioning suggests that last week’s news may have actually created an ideal entry point for investors.
>The Daily chart also shows the price hitting a Demand Zone due to the news, making it a potentially opportune time to buy as Tesla continues to achieve milestones in autonomous tech.
What’s Next?:
>Price could consolidate within the Demand Zone, allowing for accumulation, or it might rally right away, responding to demand in this price area.
We’ll also be watching for the price to target opposing gaps and the Supply Zone identified on the chart, which could serve as key levels for future resistance.
***As always, trade safe and make sure to do your due diligence when analyzing the charts.***
Let’s see how this plays out... 👀👀
Tesla UpdateLast Friday price action pretty much went how I forecasted. I mentioned before the robotaxi event that inside investors were signaling price was about to head down. Of course, anything can happen with these things, but price action/structure dictated price head lower. The day after the event (market was closed during), price absolutely tanked and dropped almost 10% right into our target box for c of A.
From here we have a few different options on the table. The first thing that can transpire, is price chop around in this area with a downward bias toward the 1.618 fib extension @ $211.84. After this, minor B should start and bring us up to the $240's with a possible low $250's price point. The ALT to this, is we begin to head up from here. We moved below the 1.5 extension by $0.14 cents before raising slightly. In my experience, though, when in this circumstance if price breaches the 1.5, it usually has intentions of visiting the 1.618. Again, this isn't any rule, just the norm.
Either way, rather we make another low to the 1.618 or not, we should begin to raise again shortly towards the $240's for minor B. One thing to note, regardless on if we make another low or not, the larger 0.382 @ $248.85 falls in between the 0.618-0.786 retracement fibs of our minor wave A....so long as we don't extend lower past the 1.618 lol.
Tesla analysis for mid octoberTesla is oversold after the robo event, its expected to recover and fill that gap to the upside on the macd pull back, along with money flow bullish divergence all on 1hr chart
TSLA Technical Analysis for Tomorrow (10/14/2024)Key Levels:
Support Levels:
$214.40: This is a key support area, where price found a reaction in recent sessions. A break below could lead to further downside pressure.
$210.00: A psychological level below $214.40 that may act as the next major support if the bearish momentum continues.
Resistance Levels:
$217.97: Immediate resistance level that TSLA would need to break to reverse the current bearish trend.
$220.00: Another important resistance zone that could potentially slow a price recovery if broken above $217.97.
Indicators:
The MACD is showing bearish momentum with the histogram reflecting increased selling pressure. The signal line remains below the MACD line, suggesting continued downside risk in the short term.
Volume: Volume is steady during the sell-off, which may indicate that sellers are still dominant in the market. A lack of strong buying volume suggests limited bullish activity at the moment.
Price Action & Trend:
Bearish Trend: TSLA has been in a clear downtrend, with lower highs and lower lows. The price action reflects continued selling pressure. If TSLA fails to hold the $214.40 support level, it could continue to test lower price targets.
Bearish Scenario: A break below $214.40 could see TSLA test the next support near $210.00. Given the bearish momentum, this level could be tested unless buyers step in to halt the decline.
Bullish Scenario: If TSLA manages to hold $214.40 and break above $217.97, there may be a short-term recovery toward the $220.00 resistance level.
Plan for Tomorrow:
Entry for Shorts: Below $214.40, targeting $210.00 or lower if bearish momentum continues.
Entry for Longs: Above $217.97, aiming for a move toward $220.00 if buyers start to show strength.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. I am not responsible for any losses incurred from trading based on this analysis.
TESLA The Target Is UP! BUY!
My dear friends,
TESLA looks like it will make a good move, and here are the details:
The market is trading on 217.76 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 234.79
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
Those holding Tesla shares still need a lot of patience.Since the beginning of 2021, Tesla has been restricted by a resistance zone for upward movement, resulting in the price fluctuating within a range of monthly candles. However, the linear regression channel, which has been in place since 2011, will enforce a price increase within a few months.
Whats next for tesla?Because we lost the cup and handle i removed my drawings from last chart.
i am still bullish on tesla, i was still prepared to that drop technically.
it made sense for me that wallstreet investors and hedge funds would like to to buy on low prices after we robot.
i bought me more shares of tesla (i bought at 188 on aug 5 and now at the drop )
and i plan to test resistance and basically hold for value investment because i do believe in the company and everything they do.
The liquidity play was easy for me to identify so im not phased by the drop and i wouldnt be phased by some more panic sellings, on my previous post i showed my plans and my thoughts.
The plan is the plan, the lines are the lines the data is the data.
The double top on the right shoulder should be somewhat concerning to some players but if its to play a retest and a bearish reaction is high probability (fill the gap and nuke) so if we dont have power i will have an exit and protect my capital at profit.
im bullish long term for me this is a swing fail pattern on the daily chart ezpz profits.
if it loses? it aint nothing to a boss give it 10 years i'll do 30x
head and shoulders target is around 400 usd (not changed from the cup and handle)
