Tesla (TSLA) Stock: Poised for a Rally Amidst Market OptimismAs the financial markets navigate through a period of volatility and uncertainty, one stock that continues to capture the attention of investors and traders alike is Tesla (TSLA). With a pioneering position in the electric vehicle (EV) market, Tesla's stock is showing promising signs of a significant rally, drawing interest from stakeholders across trading platforms, stock markets, and investment portfolios.
1. Fundamental Analysis: A Strong Foundation for Growth
Tesla's relentless innovation in the EV sector, coupled with strategic expansion into renewable energy solutions, lays a robust foundation for its stock's potential rally. The company's financial health, evidenced by its revenue growth, profitability, and strategic investments, underscores its resilience in the face of economic challenges. Investors analyzing stock performance through fundamental analysis will find Tesla's prospects appealing, given its strong market position and visionary leadership.
2. Technical Indicators Signaling an Uptrend
Technical analysis of TSLA stock reveals bullish patterns, with moving averages, MACD (Moving Average Convergence Divergence), and RSI (Relative Strength Index) indicating a potential uptrend. Traders utilizing trading software and platforms are closely monitoring these indicators, as they suggest that TSLA might be on the cusp of another rally, offering lucrative opportunities for both short-term traders and long-term investors.
3. Market Sentiment and Institutional Support
The market sentiment towards Tesla is increasingly positive, buoyed by recent announcements of advancements in battery technology and new model releases. Institutional investors and hedge funds have also shown renewed interest in TSLA shares, signaling confidence in the company's future direction. This institutional support further bolsters the stock's position in the financial markets, attracting more investors to its fold.
4. Impact of Global Economic Factors
Global economic factors, including commodity prices, supply chain dynamics, and regulatory changes in the automotive industry, continue to influence Tesla's stock performance. However, Tesla's proactive strategies in addressing these challenges, such as diversifying its supply chain and innovating in energy efficiency, position it well to navigate the complexities of the global financial markets.
5. The Role of Trading Platforms and Social Media
Trading platforms and social media play a pivotal role in shaping investor sentiment towards TSLA stock. The accessibility of trading tools, real-time data analytics, and community discussions enable both novice and experienced traders to make informed decisions, contributing to the stock's liquidity and volatility. As more investors engage in discussions about Tesla's potential, the buzz generated can further drive the stock's rally.
Conclusion: A Promising Outlook for TSLA Stock
In conclusion, Tesla (TSLA) stands at the forefront of a potential rally in the financial markets. With solid fundamentals, positive technical indicators, strong institutional support, and an active trading community, the outlook for Tesla's stock is promising. Investors and traders are advised to keep a close eye on developments surrounding Tesla, as it continues to innovate and shape the future of transportation and renewable energy. As the financial markets evolve, Tesla's stock represents a dynamic opportunity for those looking to capitalize on the growth of sustainable technologies and the electric vehicle revolution.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult with a financial advisor before making investment decisions in the stock market.
Tesla Motors (TSLA)
TSLA 3 Drives PatternPossible targets if this plays out.
Everyone and their mama saw the IHS playing out today.
Earnings gap is almost filled.
Perfect 1.27 fibs on the bullish 3 drives pattern.
Expect some swings on the way up, it may take some time.
.5 Fib from high of 1st drive down to bottom of 3rd drive has been a historically difficult level.
Invalidated if we drop below 175 area.
Bullish flow today from options, but also two massive blocks of deep ITM puts purchased.
Timing of completion is unknown, could take months.
Again, just a possibility, or a thesis per se
Tsla Breaking Zone A at 196.59USD with some bullish momentum will most likely lead us to Zone C in the near future, otherwise, we will revisit Zone B to gain momentum .
Disclaimer: Please note that this is not a financial advice and you should do your own research before making any investment decision
TESLA Inverse Head and Shoulders formed. Is this the bottom?Tesla (TSLA) appears to have completed the Right Shoulder of an Inverse Head and Shoulders (IH&S) pattern, which is technically a bullish reversal structure that is formed on market bottoms. We have already talked in our previous analysis about the IH&S formed on the 1D RSI and as you can see by the circle drawing, this is consistent with the all previous Right Shoulder formations since December 2022.
As you can see, the long-term pattern since the July 19 2023 High is a Channel Down and this IH&S is the Lower High formation that should technically start the new Bullish Leg towards the pattern's top (Lower Highs trend-line).
As a result, our technical target is $245.00, which represents a Lower High level slightly lower than a projected +41% rise (last Lower High was +36%, the one before +31%, so we estimate a +5% progression). We will book the profit earlier though if the 1D RSI hits its Resistance Zone before the price reaches $245.00.
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Could TSLA short squeeze? LONGI have had two TSLA puts that have performed well. One was liquidated today to buy
a call optio. I may do the same thing to finish out the trading week. TSLA for one reason
or another while Musk announced he wants more shares from the board and pricing was
modified in Europe has stabilized its price in the market over the past 3-4 trading days.
Price is sitting one the support of a POC line from the intermediate past trading sessions.
Given the volatility and volume that TSPA commands, it is possible a short squeeze could
set up as shorts buy to cover having seen the consolidation at the bottom. New buyers
may see and entry and synergy might make for a decent uptrend. Time will tell.
I am a flip-flopper here but I see good reason to go long on TSLA at this time. I have drawn
in some horizontal pivots as reference points and will take partials along the way.
TSLA Reports and goes for a deeper dive SHORTOn this 4H Chart, I find good cause to continue my lot of 10 put options on TSLA. TSLA has
dropped another $ 25.00 per share price during the earnings report time frame. While the
overall long time frame supertrend is up, TSLA is presently in a sustained pullback likely due
to significant fundamental and economic factors. The antics of its CEO demanding an award of
more shares so he can launch a big AI initiative within TSLA is not helpful. He has taken a big
haircut but he can easily afford it.
In the analysis, TSLA has put in a bear flag which suggests more bullishness in the continuation.
The ceiling of resistance right now is the POC line of the volume profile at 230. If price can
get through that then 265 at the top of the volume profile's high volume area might be
achievable. A bottom may be the second lower VWAP band at 175 which could be reachable
in the latter part of the upcoming week. Weakness in the Chinese economy is a heavy weight
on TSLA right now. Bright days ahead but some pain and chaos in the meanwhile
Trade plan: I will hold the puts until I see a reversal pattern on the 30-60 minute charts and
then close them. If no reversal pattern in the upcoming week, for purposes of time decay
complications I will roll the puts out another 28 days. Overall, TSLA continues to pay traders
well some of them might buy a TSLA to return the favor with the profits received especially
if there are more price cuts on the horizon that do not adversly effect margins and fec\deral
subsidies are extended they would be an uplift to sales, revenue and outlook overall.
TSLA to FORD Ratios of share price and market cap over time On the weekly chart, the TSLA /F ratio is plotted versus time. An ascending ratio suggests, TSLA
market cap is dominating FORD while a falling ratio is the opposite. If a trader is trading both
of them this charge helps guide relative momentum and so also trading decisions related to
the shift in the EV trend and other related long-view concepts. FORD just did a big earnings
beat. While TSLA is sideways at best, FORD popped 8-10% which will reflect itself in the overall
weekly candle being red and somewhat engulfing. I am hopeful those trading both Ford and
Tesla find this helpful. Zooming into daily or 2-5H time frames may reveal more dynamic
price ratio action.
TSLA Technical Analysis and Trade IdeaMarket Observations: #TSLA has experienced downward pressure as evidenced by the distinct pattern of lower highs/lows on the daily chart, signaling a clear downtrend. A significant price gap exists above the current trading range. This setup suggests a potential stop run above the range to clear liquidity, providing an opportunity for larger institutions to fill short orders.
Trade Strategy: Target a short entry on a potential stop run above the range. Aim for an initial profit target at the previous daily low, with a secondary target at the 165 level, which aligns with a prior daily low. Manage risk with a strategically placed stop-loss order.
Disclaimer: This analysis reflects my personal opinion and does not constitute financial advice. Always conduct your own comprehensive research and risk assessment before executing any trades.
**TSLA Short ETF** $TSLQ Daily Chart (Bearish Scenario) **TSLA Short ETF**
NASDAQ:TSLQ Daily Chart (Bearish Scenario) : For educational purposes only, NFA.
#1: Price below daily 9 EMA
#2: Daily forming Bearish expanding triangle, which is bearish reversal pattern.
#3: Bearish Divergence on daily RSI, which is also a reversal signal.
$TSLA Daily Chart(Bullish Case) : For educational purposes only,NASDAQ:TSLA Daily Chart(Bullish Case) : For educational purposes only, NFA.
#1: Price above daily 9 EMA
#2: Daily forming Bullish expanding triangle , which is bullish reversal pattern.
#3: Bullish Divergence on daily RSI, which is also a reversal signal.
**This week I am expecting good news about NASDAQ:TSLA and Analyst rating upgrades that will set the narrative for this reversal.**
TSLA - I’m a believer, Are you ?TSLA has been hammered while rest of the MAG7 doing wonders.
IMO, soon or later Elon matters gonna settle.
and Tesla gonna showcase their AI potential to the world.
Technicals says 300 on the cards.
I’ve a starter position in commons and gonna add more as it moves up or pullbacks.
Gonna supplement with TSLL, TSLY and day-trade with weekly calls.
Long - Low 180-190s would be optimal.
Stop Loss - 174
Target #1 - 220
Target #2 - 280
Target #3 - 300
a weekly price action market recap and outlook - tesla #1Good evening and i hope you are well.
"Uuuuh another degenerate calling out big NASDAQ:TSLA targets, booooooo"
My bad for making you click on this. Enjoy your evening.
Now that we are over that, lemme give you my reasoning for it and then you can make up your own thesis.
bull case: What might that be i ask myself many times now for the last weeks. Very best i could come up with is, that the broad bear channel is broad enough for bulls to make money a couple of days in between the sell offs. That's it. If you are a bull and bought above 200, you might be in for a ride here. Please spare me your macro schmackro and how Tesla will have autonomous driving in the next 5 years. You are embarassing yourself since 2015.
bear case: Only question is, how deep and how fast can this drop over the next months or years. Insanely overall bullish market and Tesla is in a weak broad bear channel, grinding lower for 25+ months. like do you honestly believe the overall market conditions will get better from here on? They bought the SP500 and Nasdaq like there is no tomorrow and this stock had nothing but disappointmen for bulls for more than 2 years now. This was orderly selling in a very confined channel. Next phase is the bulls-giving-up phase.
short term: sideways to down.
medium-long term: down - what would change that? trading above 270
Here an outrages take on top, if Tesla gets consecutive daily closes below 145/140, it's free fall and Cathie Wood will be retired.
$TSLA - week of 2/11/24Keeping this simple on NASDAQ:TSLA this week. Looking for a break and hold above 194, then targeting 206 for this week. Will also be dependent on the environment, including CPI data Tuesday.
Short-term bullish. Monitoring reactions at 206 is critical to determine longer trend.
Possible Megaphone pattern forming on Daily, following a strong downtrend
RSI curling upwards after dipping in the 20's.
TSLA has historically bounced when RSI reaches the 20's
Daily bounced off of 9ema and held
EMA's trying to curl up
Volume spike on 2/5 as it touched trendline, showing bulls pushing the price higher
If 194 holds, looking for 206 - maybe Tuesday or Wednesday. Big gap fill in this zone
206 will be key to watch. If we see a hard reject with a vol spike on the daily, I'll be looking at a longer dated short to 167.50 (next week cons)
Targeting weekly 200c's, likely full exit at 206.
NASDAQ:TSLA
TSLA Bullish reversal ?BAsed on the last two dips the descending resistance trend line played a key role
Using those as a reference we can see that resistance is now broken and an important level of 193.65 is about to be broken .
Slow upward movement also giving good bullish signals since the bottom of 175
Entries can now be made with a strict stop loss of 173
Remember we are still below the 200 SMA/EMA so technically we are still in a bear trend overall.
Entry : 195
Stop loss : 173
TP1 : 220
230 is where the strong channel resistance will come in to play
if we break past 240 , that means we are going 300 then :)
Major Support
Considering that price bounced with adversity off the L2 ( red line ) @176 in the beginning of February, the next "target" to be aware of is the L1 ( white line ) at the previous local top.
Buy: 194
Stop-Loss: 175
Take-Profit: 290
RR Ratio: 5.19
The lines included in the chart are calculated using my proprietary tool & they represent MAJOR support & resistance. Think of them as moving averages on steroids.
TSLA: not out of the woods yetTSLA bleeding has stopped for now. Recovery has been a bit choppy but a five wave move can be worked out. Next week, I would expect another move up and then a correction. Regardless, if price is destined for much lower numbers or not, we should expect another leg up to $200-$250 to complete a 3 way move before crashing lower. If it is the beginning of an uptrend, then we should see a few more moves up to complete a higher degree 5 waves structure and a three wave correction. The next correction should be a buy to at least catch the C wave, or even better, a wave 3. Right now, TSLA trade will require active management. Risk/Reward is pretty good.
RIVN a short entry on the rejection by VWAP SHORTPIVN on the 15-minute chart was trading up against the dominant supertrend from last
Thursday. Mid-morning price hit the resistance of the intermediate term mean anchored VWAP
and reversed as suggested yesterday by the bearish divergence on the zero-lag MACD.
Tomorrow is federal news which could increase general market volatility.
I see a short trade targeting 15.25 in the area of the bottom of two-volume profiles
anchored back 2 weeks. The stop loss is 15.9 at the highs of nearby candle wicks. Once the
the move gets underway, those already in long positions may close to take profit and add
into any short selling underway.