TSLA: SqueezeOn TSLA as you can see on the chart we have a squeeze so it's mean that we would have a hight probability to have a downtrend.Shortby PAZINI198
The Price of Tesla (TSLA) Shares Has Risen by More Than 7%The Price of Tesla (TSLA) Shares Has Risen by More Than 7% As the Tesla (TSLA) stock chart shows today, the price increased by more than 7% during yesterday's trading, surpassing the $240 mark. The bullish sentiment was supported by the following factors: → The Federal Reserve's decision to cut interest rates by 0.5%; → Data tracked by Citi analyst Jeff Chung. According to Barron’s, they indicated that Tesla sold more than 15,000 vehicles in China last week – strong sales there could help the company deliver one of its best quarters. → A key signal from the technical analysis of the Tesla (TSLA) chart. Today's technical analysis of the Tesla (TSLA) chart shows that: → The price has broken through the $233 resistance level, which had been exerting pressure since the end of July. Notably, the rising lows A-B-C (resembling a bullish cup and handle pattern) suggest that demand strength has been increasing over time, which ultimately led to the breakout. → The blue channel, constructed using the linear regression method, points to an upward trend, with the price entering the upper half of this channel – further confirmation of bullish sentiment. On 16 August, when analysing the TSLA chart, we suggested that the $200 level could serve as a platform from which Tesla (TSLA) would begin its growth story. What’s next? It’s possible that the bullish momentum accompanying the break of the $233 resistance will drive the price towards the upper boundary of the upward channel, which was formed from the lows of 5 August (shown in purple). This could result in closing the bearish gap from 24 July. If so, it would motivate experts to raise their assessments, as they currently remain pessimistic. According to the average opinion of analysts surveyed by TipRanks, the 12-month price forecast for Tesla (TSLA) shares stands at $208.46, indicating the potential for a decline towards the lower boundary of the blue channel. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen228
squeeze please #TSLA I dont usually trade stonx but kinda had to shift strategy in FX (no volatility). I surely dont wanna miss the trade of 2024. Been on my mind all year. Longby CajunXChange3
TSLA - TargetsMultiple areas of confluence after breakout, searching for liquidity above.Longby SPYDERMARKET1
TESLA isn't stopping...Long Term Great as Well (Target ATH)Posted on Sept 19. TESLA isn't going to slow down. Already 50% gain on my $245 calls 11/15 that I bought at close Sep 18. Trade plan below. Tsla has looked great for about a month creating this uptrend and now with the confirmed rate cut of 50 bps. Tsla is a volatile stock with a beta of ~1.81. This is a risky play and proper risk management is required. For me I allocated about 5% of my portfolio into this play and have not increased my position today. My plan is if TSLA is unable to reach it's ATH and begins falling I will set my stop loss for 50% of my original position. I currently have capital set aside ~10% to continue buying TSLA at these hypothetical lower prices as I have a strong thesis for LONG TSLA. With a 60 P/E, a strong USA economy, the move to electric cars being pushed, and a strong TSLA team in all disciplines leads me to believe they are at the forefront of innovation and a 60 P/E is more than justified. Long04:06by Ethan_Kakavetsis1112
TSLA: Breaking Out?TSLA is looking ready for a breakout. It has broken the first trendline resistance. If it breaks the second AND gets above 271, I think it could be a sure fire long to ATH or even new ATH. For now, I am watching. Longby TheStockMan224
TSLA - BULLISH NOT BULLSH**Wow, I remember when I first posted and TSLA was at 207... If only my confidence in my own trading analysis was stronger... There were so many times I second guessed myself causing me to pick poor entries and sell options early at a loss. Lesson - don't doubt yourself - believe in yourself. TSLA is now entering squeeze territory - We are still in squeeze territory on the one day, one month and 12 month. Apple and Nvidia have both already broken out of a 12 month squeeze... We now have a clear path to 270 +... and you know what happens at 270+... that giant inverse head and shoulder I discovered at 207 will be complete. After that TSLA could blow up similar to NDVA. Why TSLA has so much room to keep pushing; - Still 140$ off the ATH of 381.59. - NVDA share price all time - up 298,235.25% - AAPL share price all time - up 177,978.42% - TSLA share price all time - up 18,982.02% on the year TSLA is still down 8%... I believe TSLA will double and reach an all-new ATH. Rolled a lot of my calls over to 10/18. We might see a squeeze tomorrow or more consolidation until it continues into next week. Longby MadameWolf5
TSLA - +15% upside with good RRGood play here for a continuation to recent highs of $270 but it could also move higher on momentum from fed rate cuts. Longby subtlepapi111
TSLA 233 is keybefore I get long, I'd like to see a break of 233 and hold above 233, where sellers at the anchored VWAP has induced consistent rejection. by Davy_Dave_Charts1
TSLA: Buy ideaBuy idea on TSLA as you can see on the chart if only if we have the breakout with force the vwap by a big grenn candle follow by a large green volume.by PAZINI198
Looking for the Handle after finding the cup.Found a cup and handle Formation on Tsla. Tsla also broke out of a longterm downtrend. PT 350-400. I am out after that. Because I expect a big longterm bear market after 6 months from now. Inflation is far from over. Tsla looking good!Longby Robinsmagicshow3
Tesla, Inc. (TSLA) short term outlookNASDAQ:TSLA is approaching a key resistance level, with an ascending trendline supporting the price. A breakout above the current consolidation zone could lead to further upward movement, especially as the price hovers near the upper Bollinger Band. Keeping an eye on the volume and the stock's performance around the moving averages will be critical in determining the strength of any breakout. Longby TraderhrTrading3
TSLA - $233-$235 KEY for UPSIDEHello people of the world! Here's your update in 5 minutes or less on TSLA! It's going to be as simple as this: Close a daily above $235 and chances of the shorter term upside target being $265-$270 increase significantly. Right now, I don't see a trade that is worth the risk from a short term perspective. We really need to see a good break of this important resistance. FOMC is today so things will likely get a little more volatile today and will open the door for the Sep/Oct slump if that is going to happen this year. Elections are still a wild card and rate cuts are going to be a factor as well in all of this. All in all, we need to wait for a break before making a move.04:56by bitdoctor4
Predicted Performance of Interest Rate Cuts on TSLAThe predictions are: 1. There will be a surge for TSLA stock price in short term due to interest rate cuts As a high-tech company which relays relatively heavier on borrowing moneys for research and development, it is believed that TSLA will be beneficial from interest rate cuts. Target Price Rage: 340 - 420 2. TSLA stock price will finally drop due to the downturn of US economy as a whole in long term Disclaimer: There is no intention to induce any person nor party to invest in whatever stock mentioned Longby shanofppl19898810
TSLA - Setting Up for a Bearish Move?Tesla’s current price action looks as it is unfolding within a classic Wyckoff Redistribution pattern, indicating a potential bearish continuation. This analysis will break down the key phases and volume confirmations leading up to the Upthrust After Distribution (UTAD), which could be a critical point. Redistribution Phases: Preliminary Supply (PSY): The first sign of significant selling pressure, where larger players start to distribute their positions. This phase marks the beginning of the trading range and is characterized by an initial reaction in the market, setting the stage for the upcoming phases. Selling Climax (SCLMX): The SCLMX is marked by a dramatic increase in selling pressure, causing a sharp decline in price. This is a pivotal moment in the pattern, establishing the lower boundary of the trading range with a notable increase in volume and volatility. Automatic Reaction (AR): Following the SCLMX, the AR is a swift rebound that creates the upper boundary of the trading range. This reaction shows a temporary balance between supply and demand but does not indicate a reversal of the overall trend. Secondary Test (ST): The ST is a retest of the SCLMX level, where the market checks if demand is strong enough to hold the lower boundary. The lower volume during the ST suggests that the buying pressure is weakening, reinforcing the bearish outlook. Secondary Test in Phase B (ST - Phase B): This ST occurs during Phase B, further testing the lower boundary of the trading range. It confirms the structure of the range and indicates that the market is preparing for further distribution. Upthrust (UT): The UT represents a deceptive breakout above the upper boundary of the trading range, aimed at trapping breakout traders and shaking out early short positions. This phase often leads to a quick reversal back into the range, signaling that the distribution process is still ongoing. Upthrust After Distribution (UTAD): The UTAD is the final effort by the market to push prices above the trading range. This phase is typically accompanied by a surge in volume as the last of the demand is absorbed by the stronger hands. The failure of this breakout and the subsequent reversal back into the range is a strong signal that the market is ready to move lower. Volume Analysis: The volume during these phases is crucial for confirming the pattern. High volume during the PSY, SCLMX, and UTAD phases indicates strong selling pressure, while lower volumes during the ST phases suggest weakening demand. The volume spike during the UTAD phase is particularly important, as it indicates that the remaining demand is being absorbed. The subsequent drop in volume and if there is a reversal back into the range it will confirm that the market lacks the strength to sustain higher prices. Shortby OnlyProfits888Updated 7
TSLA - Ready for next leg upThis chart highlights a clear reaccumulation structure, following Wyckoff’s method. Here’s a breakdown of each phase, with vector candles confirming the price action. PS (Preliminary Support): Initial buying interest begins after a downtrend. Volume increases as smart money steps in to absorb supply, marking the start of reaccumulation. BCLX (Buying Climax): The price surges higher, forming the upper boundary of the trading range. Larger bullish vector candles and high volume indicate strong buying pressure but a temporary exhaustion of demand. AR (Automatic Rally): The price moves downward, establishing the lower boundary of the trading range. Volume decreases as selling pressure is absorbed by buyers, with bearish vector candles forming. ST (Secondary Test): The price tests the range but doesn’t reach the BCLX high. Lower volume and smaller bullish vector candles indicate that demand is building as supply diminishes. Creek: The price drifts lower under sloping resistance (the Creek), unable to break above. Alternating small vector candles and low volume show indecision as buyers and sellers remain balanced. Spring: The price briefly dips below support, forming a bear trap. Large bearish vector candles with long wicks confirm a swift recovery as demand absorbs remaining supply. JAC (Jump Across the Creek): The price jumps above resistance. Larger bullish vector candles and increasing volume signal buyers have regained control. Test: A low-volume pullback tests new support. Smaller vector candles show that selling pressure is weak, confirming the market’s readiness to move higher. SOS (Sign of Strength): The price breaks out of the trading range with strong bullish vector candles and increasing volume, signaling the start of a new bullish trend. LPS (Last Point of Support): The price falls to the lower boundary, confirming support. Smaller bearish vector candles with declining volume show that selling is minimal and buyers are stepping in to accumulate shares. Key Observations: Price Finding Support Above Resistance: After retesting the previous resistance, the price holds, with smaller vector candles confirming weak selling pressure. This signals that the market is poised for a move higher. Increasing Buy Volume After LPS: The upward move following the LPS is accompanied by rising buy volume. Larger bullish vector candles confirm growing demand, indicating that the market is ready to break out of the reaccumulation range. Role of Vector Candles in the Reaccumulation Phase Vector candles provide clear insight into the shifting momentum between buyers and sellers during each phase. Larger, stronger green candles during the JAC and SOS phases confirm the strength of the bullish move, while smaller candles during the Test and LPS phases suggest that selling pressure is fading. This visual representation of market dynamics supports the view that the reaccumulation phase is complete, and the market is ready for another bullish leg.Longby OnlyProfits8884
TESLA breakout?Tesla is narrowing in on its 234$ resistance line. The wedge forming looks to be setting up for a breakout late this week or early next. It looks as though if it can smash its heavy resistance at 234, it has room to run up to its gap of 246$. Then it may have room to run up to its 52 week highs in the 4th quarter.Longby jbs20168
TSLA: Buy ideaBuy idea on TSLA because we have the breakout with force the vwap and the resistance line by a big green candle follow by a large green volume.Longby PAZINI194424
Tesla 4 HOUR Are we Going to 234???? Good morning Traders In this video I speak on Tesla and doing a quick break down on which levels to look for if we are breaking up with a target of 134 and beyond. Enjoy the video If you have any questions, comments, tell me what you like , dont like and what videos you want to see. Happy Hunting MB Trader Long08:16by Mindbloome-Trading0
TSLA / 1D / Short IdeaIm not one to bet against the Musk, but with global recessionary fears, rising inventory numbers, and the prospect of a short term high on the SPY, there are multiple macro confluences to factor in with this 3 wave Flat corrective move. Based on how we invalidated a 5 wave impulse to the upside with our recent price drop, this would now be my next primary count until otherwise invalidated. An invalidation would be a break above the recent high, although that would become more probable if we break above the highlighted resistance fractal. Shortby LoganSilver116
TSLA - 4h - Failed to surpass the resistanceTesla Inc. stock has struggled to break through a key resistance level. On Monday, the stock tested the $232.80 resistance for the third time but failed to surpass it, signaling weaker demand for shares. This repeated inability to break higher suggests that we might be on the verge of a pullback, with the potential for the price to decline towards the $202.00 level. For traders and investors, this could indicate a period of caution as the stock faces increased selling pressure. Will TSLA find the strength to bounce back, or are we in for a deeper correction?by Mike_Trading_9
TSLA Lets Talk About Tesla Long this MACD setup. DCA encouragedNot financial advice. try to give a breakdown and importance of the MACD and how it is responding on the monthly and how on a 3 week chart we are moving in 1-5 wave . worth a watch and dollar cost averaging would be encouraged here.Long16:48by ThinkLikeaWhaleTLAW3
TSLA - 1W - Symmetrical TriangleTesla is currently trading within a symmetrical triangle, which remains intact until the price manages to break out or break down. In other words, a decisive move through support or resistance will likely determine the stock’s next direction. At this point, there isn’t enough conviction in either direction to forecast the outcome. Key levels to watch outside the triangle are $260 on the upside and $165 on the downside.Longby Mike_Trading_4414