Watchlist week ending 8/30/2024We got some great insight here! get your week started with us reviewing the econ calendar and then getting into some of my tops stocks to watch for the upcoming week ahead. #bac #AMD #AMZN #COIN #GOOGL #HOOD and many many more 17:52by Mustangsvt2815
Bulls kicking a$$ lately.226 major key like Dj Khaled. the bears been disappointed me lately, Friday what was that- what happened at 211 but I can't wait to see what this week will bring but I hope the bulls blow that 226 level and attempt 232. Bears I don't know what to expect anymore, you did good last Thursday but consistency so hopefully you can test 212 again this week but I just don't know. by Mensky_Jwett2
$TSLA to $5,000 #CathiesBack!!! #Bullflag #AlwaysHasBeenSome Bull #corn for the PermaBulls out there after this V recoVery on Indices... Just some log scale mathematical measurements from one flagpole to the next... #AnythingIsPossible if Physics allows... Tesla at 5k is simply tesla at 5Trillion valuation... once self driving fulfilled? Odds increasing with GPU/AI capabilities... NASDAQ:NVDA should be a major green light for the next leg up in markets or rejection... definitely leaning bullish still after V , dips to be bought in this environment... Longby Prophecies_R_Us2
TSLA possible bottom + CUP & HANDLE formation. Targets IndicatedTSLA possible bottom + CUP AND HANDLE formation. This analysis is for informational purposes only.Longby quietbull6
TSLA has multiple daily demand zones converging.NASDAQ:TSLA has several daily demand zones converging below today's low. This may provide an intraday short opportunity tomorrow, followed by an opportunity to add equity long into these demand zones for a move higher in the coming days, as long as the daily 50 SMA is held. Longby DMT_DoctorUpdated 117
TSLA - Inverse Head and Shoulders on Weekly Chart.NASDAQ:TSLA Tesla looks ready to finally break its falling trend. On the weekly chart, I see an inverse head and shoulders pattern form completed. If it manages to break the trend and stays above it for a few days or a week, I expect a strong upward movement from the volume shelf launch pad ramp. However, in a possible correction, my first target will be back to the $200 level. Longby cumacevikUpdated 15
TSLA : Initial Reversal or Continued Bullish Trend? (READ)By reviewing the #Tesla stock chart on the weekly (logarithmic) timeframe, we can see that the price is moving towards the supply zone that we've marked on the chart. I expect that once the price enters the $233.5 to $274 range, we will see an initial negative reaction. However, keep in mind that with the potential for interest rate cuts in the coming months, the stock market might experience a revival, pulling out of the recent downturn we've been witnessing. Therefore, while we may see an initial negative reaction from the marked zone, I predict the overall trend will continue to be bullish. 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 ((2+4+7+13+15+18+26+36+38+69+87+101+183+209+1000+1002+1000000000+1000000001+ 1000000853)^♾️*69) + 1 ! Longby ArmanShabanTrading2223
TESLA: Will Start Falling! Here is Why: The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the TESLA pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals3314
Tesla (TSLA) 1 Day Time Frame Technical Analysis1. Trend Analysis: Short-term Trend: Tesla is in a recovery phase after a pullback from its highs. The recent candles suggest a potential resumption of the uptrend, but confirmation is needed with a break above key resistance levels. Medium-term Trend: Tesla had a strong rally that peaked near $299.25 before correcting. The stock is currently consolidating, with a potential to either continue its uptrend or experience further downside depending on price action at key levels. 2. Key Support and Resistance Levels: Resistance Levels: $271.25: This level is a significant resistance and aligns with a recent swing high. A break above this level would be a strong bullish signal and could lead to a move towards the previous high at $299.25. $249.89: A minor resistance level that Tesla must clear to build momentum towards $271.25. A breakout here could indicate that buyers are regaining control. $299.25: The recent peak and a major resistance level. If Tesla breaks above this level, it could enter a new bullish phase, targeting even higher levels. Support Levels: $220.32 - $217.98: This is a critical support zone. A breakdown below this level could indicate further downside, possibly leading to a test of lower support levels. $194.50: A significant support level below $220.32. If Tesla falls below this, it could signal a deeper correction, possibly towards $182.04. $182.04: A key support level that could be tested if the price continues to decline. A breakdown below this would likely confirm a bearish trend. 3. Gap Analysis: Gap Above: $271.25: There is a gap near this resistance level. If Tesla can break above $249.89, this gap is likely to be filled first. Gaps often act as magnets for price action, and this level will be crucial for determining the near-term trend. Gap Below: $220.32 - $217.98: There is a gap within this support zone. If Tesla fails to break above $249.89 and shows weakness, this gap might be filled next. If the price starts moving towards this level, the gap could get filled quickly, leading to a potential test of $194.50. 4. Indicators: MACD: The MACD is showing signs of a potential bullish crossover, which could support a move higher if confirmed by price action. However, if the crossover fails, it might signal further downside. Moving Averages: Tesla's price is slightly above a short-term moving average (likely 10 or 20-period), which could act as dynamic support. The price needs to stay above this moving average to maintain upward momentum. 5. Price Action & Trading Strategy: Bullish Scenario: Entry Point: Consider entering a long position if the price breaks above $249.89 with strong volume, targeting a gap fill up to $271.25. If the price clears $271.25, it could move towards the previous high of $299.25. Exit Point: Take profits near $271.25 if the gap is filled. If momentum is strong, consider holding a portion of the position for a potential move towards $299.25. Bearish Scenario: Entry Point: Consider shorting if the price fails to break above $249.89 and starts showing weakness, targeting a gap fill near $220.32 - $217.98. If the price breaks below $217.98, consider holding for a move towards $194.50. Exit Point: Take profits near $220.32 once the gap is filled. If the price continues to fall, consider taking additional profits near $194.50, with a stop-loss above $249.89 to protect against a reversal. Risk Management: Position sizing is crucial. Use stop-loss orders to protect against adverse moves, with stops placed just below key support or above key resistance levels. 6. Forecasted Direction: Bullish Above: $249.89, with a target to fill the gap at $271.25. If this level is breached, the next target would be the previous high at $299.25. Bearish Below: $249.89, with a target to fill the gap at $220.32 - $217.98. If the price drops below $217.98, further downside could lead to a test of $194.50, and potentially $182.04 if the bearish momentum continues. Summary: Key Levels to Watch: Bullish Breakout: Above $249.89, targeting $271.25 and $299.25. Bearish Breakdown: Below $249.89, targeting $220.32 - $217.98, with potential further downside to $194.50 and $182.04. Gap Fill Likelihood: First Gap to Fill: If the price breaks above $249.89, the gap near $271.25 is likely to be filled first. Alternative Gap Fill: If the price fails to break above $249.89 and heads lower, the gap near $220.32 - $217.98 is more likely to be filled next. By monitoring these key levels and using the MACD and moving averages as additional confirmation, you can strategically plan your trades for Tesla in the coming days.by BullBearInsights5
TLSA LFGTesla will move upwards come market open. High volume in all directions and indicators and price movement align with my fib levels. Good news will only fuel it, but bad news may affect the TA on this chart.Longby Chris459850
Bearish institutional Price ActionAccording to price action it has failed to create a new higher high and its consolidating in supply zone . Again if it fail to breakout the zone can get sell long term selling opportunity until price reach to demand zone to get Big buy opportunity. It is not financial advice just for education purposes.by FXNEWSCLUB4
Still believe in 270+, but perhaps one more drop before the pumpMy previous idea was getting a bit long with all the additional comments, so I'm starting afresh. I'm still of the impression that we are heading for 270+, but Ive started to think that we might need one more fall out before we head up finally. I'll add some more comments to support the theory, but this is where my head is at for now. This could quite easily get up a little higher to break the neckline around the 230 range, though after that, it's back to sub 200.Longby ash4zeker21
Bear Flag in Tesla?Tesla has been climbing recently, but some traders may see a bigger downtrend. The first pattern on today’s chart is the series of higher lows since August 5. The EV maker fell yesterday to close at its lowest level in over a week. That may be viewed as a breakdown from a bearish flag. Second, Tuesday’s high occurred near a 50 percent retracement of the move between the peak of July and the trough of this month. Third, July’s high occurred near the high from December. Could that be viewed as a double-top reversal pattern? Stochastics are also dipping from an overbought condition. Next, prices are struggling at the 50-day simple moving average. The 8-day exponential moving average (EMA) also failed to move above the 21-day EMA. Those signals may reflect bearishness over the intermediate and short terms. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.by TradeStation7731
TSLA (Tesla), growth after accumulationHi friends, Tesla want to growth in friday and monday time ... We have more then 1,5 million contracts to long position, also bearish solds come to finish label. So my opinion growth to 218.1 (x-lines level) in near time and maybe target 229 is optional for next week .. will see.. Have a nice trading day ;)Longby JinFlarkUpdated 117
TSLA / DECLINE BEFORE RISING - 4HTSLA / 4H TIME FRAME HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 195.12 Upward Condition : The price is currently showing bullish momentum. As long as it stays above the turning level of 195.12 , it is likely to move upward toward the resistance levels at 227.92 and then 253.52 . Downward Condition : To reach the 168.36 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 195.12 . If it stabilizes below support level (1) , a further decline toward the support level (2) at 141.32can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 227.92 . RESISTANCE LEVEL (2) : 253.52 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 168.36 . SUPPORT LEVEL (2) : 141.32 . TURNING LEVEL : 195.12 .Longby ArinaKarayi2210
Updated TSLA Analysis for August 23, 2024:Chart Overview: This updated chart provides a broader view, focusing on the 1-hour timeframe, which is critical for both intraday and short-term trading strategies. Support and Resistance Levels: Immediate Support at $212.00: This level is currently being tested. If the price sustains above this level, it could serve as a launching point for a bullish move. However, a break below this could signal a continuation of the bearish trend. Lower Support at $198.76: If TSLA continues to fall, this level around $198.76 becomes critical. This area could attract buyers looking for a value entry. Immediate Resistance at $218.97-$220.37: This range represents a strong resistance zone. If the price moves upwards, expect sellers to become active around this zone. A breakout above this area would indicate a shift towards a bullish sentiment. Higher Resistance at $225.59 and $228.21: These levels could serve as additional resistance if the price manages to break through the $218.97-$220.37 range. Volume Profile Insights: The Volume Profile reveals that significant trading activity occurred between $220.37 and $218.97, making this a crucial battleground for bulls and bears. The price action around this zone will likely dictate the direction for the upcoming trading sessions. MACD Indicator: The MACD histogram is showing signs of a potential bullish crossover, suggesting that momentum may be shifting towards the bulls. However, this needs confirmation with further price action. Trading Strategy Recommendations: For Scalping: Bullish Entry: Consider entering a long position if TSLA breaks above $218.97 with strong volume. The initial target would be $220.37, with potential extensions to $225.59 if momentum continues. Bearish Entry: If TSLA breaks below $212.00, consider shorting with a target around $198.76. Use tight stop-losses to manage risk. Stop-Loss: A reasonable stop-loss for long positions could be set below $218.97, while for short positions, a stop-loss just above $212.00 would minimize risk. For Intraday Trading: Bullish Scenario: If Powell's speech indicates dovish policy, expect TSLA to potentially move towards $220.37 and possibly challenge $225.59. A break above this would further strengthen the bullish case. Bearish Scenario: In contrast, if the speech hints at continued tightening, TSLA might test the $212.00 support and could move further down to $198.76. Market Sentiment: Given the current economic uncertainty and caution ahead of Powell's Jackson Hole speech, traders should be prepared for volatility. The overall market sentiment is leaning cautious, so it's important to keep an eye on broader market cues and react accordingly. by BullBearInsights5
TSLA long to $251-53I am sorta counting this one as a pendulum pick because in that method I've gotten the TSLA short etfs twice in the last couple weeks. I do dowsing, btw, and that's where all my information comes from. I've never had an inverse etf like that, and don't want to confuse things, so I'm just going with TSLA stock for the reading. There's been suggestion of a big low coming that is an opportunity and I think the low is around $209.30, so we're almost there. I have a target just above $251 or so up to $253. This also will accomplish a gap fill of $246. I will note that I found an old alert on my chart at $242, which is a number that's come up in today's reading. So, there could be a pause there at $242. Or, maybe that's the next high & never reaches $250? I originally thought it was 42 points higher, which would get to the main target area from around today's close. We'll see, but I have it bullish.Longby JenRz0
$TSLA studya 30 minute chart study of #Tesla to see the health of the market around this company. by mindfree0
Inverse Head & Shoulders Still a bit early to say but looking at the Daily chart we need some green candles the coming days ahead. Longby SpaceXJack2
Tech and US indices short: Overbought and Fibonacci RetracementTake a look at the 8 charts. The bottom shows 3 charts that hit various Fibonacci retracement levels. For the indices, the recent high is still below the top and this session (22nd Aug 2024) should show bearish reversal candle. Based on this, we can chance a short with stop loss above today's high.Shortby yuchaosng121228
TSLA (Tesla), monday starts with short position.Hi everybody. Monday starts with short position. I think short-term target is 209.1 (x-lines level). We have more then 300k bears contracts from friday now. After that ofcourse another market process coming but now - downward (just my opinion ofcourse). Have a nice trading day and goodluck. Shortby JinFlarkUpdated 5
Having some fun at market open - Swinging and Scalping!I love this job. META overnight longs - CHECK TSLA overnight shorts - Check (Sorry Zangus) AMD HTF Short - Check HIMS, DE, FVRR, PDDDDDDDD Longs - Check! Happy Trading :)32:27by ReigningTrades337
gap filltesla/nvda doing gap fill pre 50 and 100 ema squeeze. similar in march 2017. stuck in the squeeze , capitulation out, and rise to 200 ema. you can see divergence on 4h too. Longby dmac950