TSLA levelsIf 165 holds then i would think tsla has a bounce to at least 210 in store. If 165 breaks i see 113 being tested.by MaustyUpdated 3
TSLA SHORT TREND REVESE The Tsla Bull Trend is no more. Utilizing Schiff pitchfork and trend lines, with recent supply chain issues and the amount of shares used to cover twitter deal, tsla bear trend is here.Shortby zingraphicsUpdated 4
TSLA breaks through downward resistance trendTSLA has recently broken through downward resistance trend line turning it into a support line. TSLA has been on a long downward trend and recently broke through stock has held breakout past few periods giving confidence in new trend RSI still remains below 50 though which is bearish sign. Should be cause for some optimism of a turn around. Keep in mind though TSLA products are not cheap and sensitive to economic swings. Economy is on shaky grounds so buying this low should be done with a long term horizon.by ratchet-mint2
Tesla, Inc. New updated X Right Prices.Tesla, Inc. New updated X Right Prices. Watch for the bearish move. Next Price $180.47, $180.44 follow by $180.80. At This price which is already confirmed based on the calculation it will create a short bearish double top and the price will not find a support over 27th March, 2024. 2nd reason, Market left a trap during week 1, April at $168.87 & $165.71 May touch the following: $181.12 $181.23 $181.55 Shortby Skill-Knowledge-Conduct1
247$ in 3-4 weeks247$ is the target for the next 3 to 4 weeks. There is only one way this can play out based on the patterns we clearly see. Bullish divergence on daily, weekly and monthly on the rsi. We are going higher. W-reversal pattern bulish to the upside, we have broken out of the downward sloping channel. This company is solving a real world problem, making EV's and saving the enviorment. They are gonna be the first with totaly selfdriving. Musk is a true heroLongby CyberNetGain111114
$TSLA chart reading - looking at the next two yearsUsing my own personalized chart notes this an explanation of what i see. Regardless of what method you use the same points of resistance and support are usually found. Im just looking at the geometric layout of the trend lines created by those points and the energy of "belief", how many systems will note this trend, etc. There you can really see any manipulation, which usually occurs based on a new forming trend line, the 2nd to 5th occurrence can become a pivotal point. Once points occur there begins to be an apex of non change. This forms a spoke, on powerful trend line convergence. It almost acts like a wheel with change in notable degrees of the trend line seperation.04:07by mindfree221
Is Tesla at the bottom of a big flag pattern?Here we can see tesla possibly being at support at the bottom of this huge flag pattern, we are waiting for this to explode. It also can break down for a capitulation before it goes up so, be awareby CriptoJoe226
$TSLA DOUBLE BOTTOM $206 BEFORE 1Q EARNING A double bottom pattern is a well-known charting formation in technical analysis that signifies a significant shift in trend and a reversal of momentum from a previous downward movement in market trading. It illustrates the decline of a security or index, followed by a recovery, another decline to the same or similar level as the initial drop, and ultimately another recovery (which could potentially lead to a new upward trend). - Elon Musk, the CEO of $Tesla, has officially announced that the company will introduce its Robotaxi during a highly anticipated unveiling event scheduled for August 8th. -$Tesla's CEO Elon Musk is scheduled to meet with Indian Prime Minister Narendra Modi in India to discuss and unveil the company's investment plans. NASDAQ:TSLA Institutional Holdings -Increased Positions 1,615 66,420,077 -New Positions 333 7,940,604 $160 BOTTOMMMMMM (SUPPORT) $183 RESITANCE (NEED TO BREAK)Longby sej49741
TESLA Expected Growth! BUY! My dear subscribers, This is my opinion on the TESLA next move: The instrument tests an important psychological level 164.86 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 175.58 My Stop Loss - 158.48 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 112
Swing Mapping Part 3: Trade Management StrategiesWelcome to Swing Mapping Part 3, where we delve into three different approaches to trade management using swing mapping methods. Trade management always represents a trade-off between taking profits early and letting winning trades run. There is no perfect solution, but by understanding different approaches, traders can tailor their strategies to their risk tolerance and market conditions. 1. Aggressive Approach: Exit on Failure at Swing High (Low) The aggressive approach involves exiting a trade when the market fails to hold above a swing high (swing low if short). Method: Once you’ve entered the trade (long), continue to map the swings highs as defined in Swing Mapping Part 1. Should the market fail to break and hold above the swing high, a trader using this strategy may close their trade. This strategy aims for quick profits without giving back gains, capitalising on short-term market movements. Traders employing this strategy often prioritise locking in profits swiftly, especially in volatile or uncertain market conditions. However, by exiting at the first sign of resistance, traders may miss out on potential larger gains if the market continues to move in their favour. Positives and Negatives: Positive: Quick profits may allow for rapid capitalisation on short-term price movements. Positive: Avoids giving back gains by exiting at the earliest indication of a potential reversal. Negative: Potential for leaving profits on the table if the market continues to trend favourably after the exit signal. Example: EUR/USD 1hr: Exit on Failure at Swing High This example on the hourly candle chart illustrates the active approach of taking small profits following failures at a swing high. The first entry takes a retest of support and exits as the market fails to break above prior swing resistance. The second entry then takes a breakout above the swing highs and the aggressive exit approach works well as the market fakes out at swing highs. Past performance is not a reliable indicator of future results 2. Passive Approach: Exit on a Break Below Swing Low Contrary to its name, the passive approach still requires active monitoring of the market. This strategy involves exiting a trade when the market breaks below a swing low, indicating a potential reversal or loss of momentum. Method: Once you’ve entered the trade (long), continue to map the swing lows as defined in Swing Mapping Part 1. Should the market break and close below a swing low, a trader using this strategy may close their trade. While this approach provides a more conservative exit compared to the aggressive approach, it may result in giving back some profits gained during the trade. Traders employing this strategy often prioritise running winning trades over taking quick profits – pairing well with trend following entry techniques. Positives and Negatives: Positive: Gives winning trades more time to run and allows for pullbacks. Positive: Provides a conservative exit strategy, minimising the risk of significant drawdowns. Negative: By definition this strategy will result in giving back profits as the market retraces. Example: S&P 500 5min: Exit on a Break Below Swing Low This example is an intra-day trend continuation trade on the S&P 500 5min candle chart. The entry setup was a simple breakout above a cluster of swing highs in-line with the prevailing trend. We can see that whilst we had several stalls at swing highs, taking a more passive approach and using mapped swing lows worked well when managing this trade. The trade was closed when the market broke and closed below a mapped swing low. Past performance is not a reliable indicator of future results 3. Predictive Approach: Place a Limit Order at Key Swing Resistance (Support) We mentioned in Swing Mapping Part 1 that not all swings are equal. The more bars either side of the swing high or low, the larger the peak or trough in the market – the more significant the turning point. These more significant swings can be used as profit targets. Method: Prior to entering your trade, identify a key swing on your chart – one that has not been broken for a large number of bars. A trader using this strategy would place a limit order to take profits at the highest close prior to the key swing. This strategy allows traders to set a predefined target for profit-taking, reducing the need for continuous monitoring of the market. By setting a fixed order, traders can automate their exit strategy and focus on other aspects of their trading plan. However, the challenge lies in accurately predicting price targets, as objectives may not always align with market movements. With this in mind, this approach can work in tandem with either the aggressive or passive swing exit methods outlined above. Positives and Negatives: Positive: Fixed order placement enables traders to "set and forget" their exit strategy, reducing emotional decision-making. Positive: Allows you to define your risk/reward prior to entering a trade. Negative: Objectives may not always align with market movements, leading to missed opportunities or premature exits if the target is not reached. Example: Tesla Daily: Place a Limit Order at Key Swing Support Here’s an example of the key swing limit order approach to managing trades. Each entry is a short fakeout entry setup that we discuss in depth in Swing Mapping Part 2. We identify the nearest key swing level that we believe the trade could reach. A limit order is then placed at the lowest close nearest the key swing level. Past performance is not a reliable indicator of future results Summary Swing mapping can help you gain a deep understanding of price action and reduces reliance on lagging indicators. It allows you to quickly analyse the strengths of different markets, pinpoint precise entry levels and manage trades in a dynamic way that quickly adapts to changing market conditions. Now you’ve reached the end of this mini-series on swing mapping, we hope you will feel confident enough to put some of the techniques into practice. Happy swing mapping! Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.01% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Educationby Capitalcom7
TESLA Is this a W-shaped recovery?Tesla (TSLA) held Support 1 (160.50) last Friday, in fact it touched it and rebounded immediately making a technical Double Bottom formation. Yesterday it broke and closed above the 4H MA50 (blue trend-line) for the first time since March 04, providing s serious bullish continuation signal. The most important development however, is that this Double Bottom has strong probabilities of giving a W-shaped recovery pattern. A break above the 1D MA50 (red trend-line) will technically confirm that, as it will be the first time above it in 3 months (since January 09). We can already see the 4H RSI on Higher Lows, i.e. a Bullish Divergence, which favors these probabilities. Our short-term Target is 205.00 (marginally below Resistance 2). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot6689
$TSLA - BULLISH FIB Extension $504.51 and $753.38TSLA is trading at a potential bullish double bottom which could bounce off its 4 year support level around the mid $160s. If it bounces on the weekly, look for a continued bull trend. By applying a Fib extension, look for a price objective potential of hitting $504.51 and $753.38 in the foreseeable future from a technical setup. TSLA is currently in a 4 year consolidation period, watch for a breakout to all time highs if it takes out the $260s after a potential double bottom reversal.Longby TheTradingStarUpdated 151584
Simple chart analysis for TeslaElliot Wave still in process. Fifth peak will take around 392 days to reach. That is, if second E.W. does not appear. The side arrow is to know bar distance. By obtaining the total bars of an E.W. complete formation, and duplicate it, one can predict next powerful candlestick that can tell reverse or end of a phase. It works better in m1. It works in sideways too. Longby Ftradorex1
Tesla NASDAQ:TSLA as of now I see it as wxy and it will head back down but I hope not Longby Alibaba51511
TSLA Trend Change?TSLA is flirting with the downtrend that started at the end of 2023. Close watch. 200 is a magnet. Longby DIVERMAN_L0
tesla is now in downdtrend hello traders and investors As it is shown in my chart the critical levels are retraced by fibo retracement tool. So, I think TESLA will continue its fall until 69$, but 104 should be broked down. It is clear that tesla is for sale now if you want pursuite the downtrend. we should keep eyes on 69 level because it is a critical level: maybe rebound or an other fierce break down. NB: you have the road map of tesla move so keep ayes on my chart and you will cheack. remember we do not have cristal ball predicting markets moves but we try to be more efficient and rationalby HASSOUNI-trading115
✅TESLA BULLISH BREAKOUT|LONG🚀 ✅TESLA broke out of the Narrowing bullish wedge Pattern so we are bullish Biased now mid-term and We will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx114
Tesla's Bumpy Ride: Navigating Challenges Amidst a Market PlungeTesla ( NASDAQ:TSLA ), the electric vehicle pioneer, finds itself in turbulent waters as it navigates through a challenging first quarter marked by a significant decline in car deliveries. With a plunge of 27% in its stock value, Tesla ( NASDAQ:TSLA ) faces a slew of obstacles, including production issues, market softness, and legal controversies surrounding its technology and leadership. As analysts speculate on the future trajectory of the company, Tesla's ability to engineer a turnaround becomes critical amidst mounting pressure and uncertainty. Market Disappointment and Analyst Projections: Tesla's first-quarter delivery figures fell short of expectations, delivering 387,000 vehicles, down 20% from the previous quarter and missing analysts' projections by a substantial margin. With Wall Street anticipating 443,000 deliveries, the unexpected decline has sparked concerns about Tesla's growth trajectory and market demand for electric vehicles. Factors Contributing to the Plunge: Several factors contributed to Tesla's disappointing performance, including production disruptions, supply chain challenges, and the shift towards early production of the next version of its Model 3 sedan. Additionally, external factors such as Red Sea shipping disruptions and suspected arson at its Berlin factory further exacerbated the slowdown in deliveries. Higher interest rates and cooling interest in electric vehicles have also dampened sales, reflecting broader economic trends and shifting consumer preferences. Analyst Perspectives and Future Outlook: Analysts have offered mixed perspectives on Tesla's prospects. While some view the decline as a temporary setback amidst broader market forces, others express concerns about the company's ability to sustain its growth momentum. With Tesla's stock value plummeting and mounting legal challenges, including lawsuits over its Autopilot software, the road ahead remains uncertain. However, Tesla's CEO Elon Musk remains optimistic, attributing the sales issues to business cycles and positioning the company for future growth waves. Technical Outlook Tesla Inc. ( NASDAQ:TSLA ) stock is up by 1.21% in Tuesday's trading session with a moderate Relative Strength Index (RSI) of 55.93 indicating signs of a bullish resurgence from the stock. Tesla Inc. ( NASDAQ:TSLA ) stock's 3-month price chart is in a falling wedge pattern which further validates the bullish thesis of the stock.Longby DEXWireNews2
TESLA Is it making a 'META Bottom'?Tesla / TSLA has made a Double Bottom on Friday and today is making a run for the 1day MA50. This is an important level as since January 9th (3 months) it has been the Resistance and hasn't been broken. But can this Double Bottom for Tesla be a 'META bottom', like the one the social media giant had in November 2022? Both fractals formed Lower Highs under a Falling Resistance before bottoming, so if Tesla crosses over the 1day MA50, we see no reason why it shouldn't finally sustain a rally that will break above the Falling Resistance. META's first target before the first pull back was the 0.786 Fibonacci. Buy and target 260.00 (slightly under the 0.786 Fibonacci). Follow us, like the idea and leave a comment below!!Longby TheCryptagon5
TSLA - Weekly Inflection PointDaily is winding up to an inflection point, while the weekly is getting close as well. I'm favoring the bearish break; but there is a chance for a bullish reversal- so time will tell. What I can say is that we're approaching a conclusive point in time that will send price with signifcant momentum in either direction. When I look for an inflection point I watch for consolidating momentum. In turn I watch for breaks that releases the built up energy. Previous Analysis: Shortby MikhiavelliUpdated 4
No Cato you fool, now is not the time!I don't ever recall receiving the fortune cookie at a Japanese restaurant.Longby UnknownUnicorn47349663
TSLA - Updated analysis and what we need to see for a bull runThese same algorithms have been playing out time and time again for years. We need to see our strong yellow activated to break us out of controlled selling teal but more importantly out of our controlled buying green. Green is a bull's worst enemy and although there are intra-day and smaller time frame trades to be taken within, on the HTF it is constantly being used as a liquidity build for the bears to push us lower. This is why we need to see something stronger like yellow take control of price so that we can break out of this control. Hope this was helpful and... Happy Trading :) - TraderDaddyOG01:43by TraderDaddyOG2
TeslaTesla Trading Indicators is Strong Bullish Target-1 = 196 (13%) Target-2 = 336 (94%)Longby Esmail_from_Kuwait_20220