TSLA buy timeFollowing up on my previous post, TSLA had decisively broken the inverted head and shoulders pattern on a 15 min chart. Its still early but I am in because I think this has the momentum it needs to blast off. Longby fallingumbrellaman0
Tesla buyBreakout the upside passing the resistance line price 190.50, bullish market structure, new bullish trend forming with breakout, bullish engulfing candle, Longby seanstone12240
Tesla Inc. (TSLA) Technical Analysis.In a market filled with noise, Tesla Inc. (NASDAQ: TSLA) remains one of the most captivating stocks for investors and traders alike. The latest price action, coupled with technical indicators and current news, suggests that Tesla is at a pivotal point. Let’s dissect the data to forecast potential movements and trading opportunities. As of the most recent close, TSLA stands at $183.01, showing a slight upward movement of +0.79% from the previous session. The daily candlestick pattern reveals a moderate bullish sentiment as buyers maintained control, closing near the high of the day’s range ($183.95). The stock appears to be navigating through the Ichimoku Cloud, which generally indicates a phase of consolidation with potential for a breakout. The 10-day Exponential Moving Average (EMA) at $180.81 is acting as a near-term support level. The 50-day Simple Moving Average (SMA) at $177.71 and the 100-day SMA at $184.15 are providing critical insights. TSLA's price is currently hovering just above the 50-day SMA, suggesting that it could serve as a robust support if the stock retraces. The 200-day EMA at $196.94 is well above the current price, indicating a longer-term bearish trend that might reverse if the stock gains upward momentum. Relative Strength Index (RSI): The RSI value at 54.87 reflects a neutral stance, neither in overbought nor oversold territory. This suggests potential room for upward or downward movements depending on upcoming market catalysts. The MACD level of 2.07 is showing a bullish crossover, which typically signals a positive momentum shift. This is a green flag for bulls eyeing a short-term uptrend. Volume Analysis: The recent volume of 63.03 million is below the 30-day average of 72.96 million. This decrease in volume could imply a lack of strong buying interest or simply a pause before a significant move. The Stochastic Oscillator at 66.48 is in a neutral state but edging towards the overbought zone. Traders should monitor this for potential bearish signals if it crosses the 80 threshold. ADX (Average Directional Index) at 16.87 suggests a weak trend strength, aligning with the sideways movement observed over the past few sessions. Tesla’s price action over the past few months shows a formation of a potential Head and Shoulders pattern, with the neckline around the $160-$170 range. A break below this level could signify a bearish reversal. Conversely, a firm hold and upward break above the $190 level could invalidate this bearish pattern and set the stage for further gains. Long Position Strategy: Given the current technical setup, entering a long position could be considered if TSLA breaks and closes above the immediate resistance level at $185 with increasing volume. A potential target for this move could be the next resistance around $200, aligning with the 200-day EMA. Entry: Above $185 Stop Loss: Below $175 Target: $200 Short Position Strategy: If TSLA fails to hold the $180 level and breaks below $175, this could trigger a sell-off towards the $160-$170 support range. Traders looking to short should monitor for a break below $175 with confirming volume. Entry: Below $175 Stop Loss: Above $185 Target: $160-$165 Tesla's stock is poised at a crucial junction. The interplay of technical indicators, chart patterns, and market sentiment suggests that traders should be prepared for significant moves in either direction. With proper risk management and a keen eye on key support and resistance levels, there are substantial opportunities for both bulls and bears in the coming days. Keep your trades tight and watch for decisive moves that can signal the next leg in Tesla’s journey. by AxiomEx0
TESLA(TSLA) FORMING HEAD AND SHOULD PATTERN, IS TSLA READY FOR AThe NASDAQ:TSLA shares forms a reversal bearish patterns called H&S but this can be a valid pattern of it breaks the yellow bar area that happens to be the neckline. If that support holds and it’s able to break that trend line we might see a push to the upside. But on the other hand, if you make use of the Fibonacci Retracement, you will see that the market is trading below the 50fb area which happens to be the important point of this area. This makes me to be 90% favoring the downside of this stock market, this could crash Tesla to $30 below Crude Oil analysis Shortby Money_Pips0
TESLA My Opinion! SELL! My dear subscribers, TESLA looks like it will make a good move, and here are the details: The market is trading on 182.99 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 178.20 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals111
TSLA weekly outlookThis is my most update weekly TSLA chart. You will note a very long term resistance that is also in effect on the monthly chart. A push with the teal support line towards the supply and demand zones I have drawn. This is a narrow range of buyers and sellers (contraction), the stochastic RSI has risen to a likely top and is starting its downward fall, TSLA has barely breached the 20 week EMA on this push, and that last washout flushed tons of leverage. I expect the stock to move deeper into the demand box, and I also expect a correction on QQQ. My strategy here: -My TSLA LEAP call will be utilized for green days of 3.5% plus to sell covered-calls -I will add another LEAP if tsla falls apart for future covered-call sells due to the high premium -I plan on exercising the LEAP next year to acquire 100 shares at 150$Shortby Apollo_21mil1
TSLA FOUR Technical reasons for a target down at 4201. Wolfe Wave projection takes us to 420 by end of May 2. Measured move from highest high to lowest low in the past 6 months takes us to 420 3. Real support is found at 420 if we look back at 2020 4. Gap that needs to be closed in same area I have sold credit spreads (multiple) at 670/700 in June Incidentally, QQQ will likely go down as wellShortby rph2750Updated 225
Base Breakout TSLA has been building up a strong base and has begun to tentatively breakout. Buy to open at:191 Profit Target 1:209 Stop Loss: 177Longby ThePappyUpdated 1
TSLA Daily H&S, next move +$200NASDAQ:TSLA is moving higher and going through several resistance levels on $180, now turning support. Reasons why TSLA may go bunkers at the end of this year. The AI opportunities for TSLA are crazy, people are not seeing this. FSD is the best in the world and will have great $$$ impact as they do the RoboTaxi. Robots! Optimus will be amazing in the next 5 to 10 years pushing TSLA to over $10,000 per share. Finally, BTC!!! Elon an BTC are connected so they won't pass the opportunity once it comes again. Longby CriptoJoe1
very good opportunity to acquire here and hold it $1000 a share.very less down side and high upside. we are pretty much bottoming out here. the real worst case is 98 next 135, next 150, next 165, next 170. Upside by 08/08/2024 is 209-219 range Upside by 06/20/2025 is around 300 Upside by End of 2025 $420 Longby crypto_minute0
TSLA long IdeaTSLA long idea: My Indicator is flashing buy on TSLA. Momentum is building so TSLA should go up for here. Entry, SL and TP Levels are marked on chart.Longby sdevangUpdated 224
TESLA futureThe future of Tesla looks bright. Elon Musk is telling you this already. You just need to listen. Tesla > Nvidia soon.Longby Ben_vouh6
TSLA Long... In A Year.NASDAQ:TSLA has been on the low lately thats no mystery. haven't had a crazy hyped up bull run in a while. tsla has been respecting this triangle pattern for years now... looks like around beginning of 2025 we should see another bull run assuming the company grows and profits look up.Longby LARD_ASS2
TSLAIt looks like Tesla is forming a head and shoulders pattern. We need to give it a bit more time to fully develop the right shoulder for a clearer picture of the pattern. by AmyThongbai2
$TSLA Once In a LIFETIME?My Plan: 190C>186.72 | 180P<182.85 Powerful Inside Day Close sitting in a Fair Value Gap! It's TIME for a breakout TSLA has been lagging whole names like NASDAQ:NVDA keep exploding ❤️and I WILL DROP 3 MORE TOP BONUS PICKS! FREE #OPTIONS Ideas (BONUS PICKS) Scale out when above 25% Profit NASDAQ:AAPL 220C>218.07 | 210P<213.56 NASDAQ:AMZN 185C>184.00 | 180P<181.72 NASDAQ:MSFT 450C>449.62 | 445P<445.42 WATCH FOR BIG BREAKOUTS!by tradingwarzone1115
Tesla Falling wedge breakout in play. Everyone is negative. Capitalize on the negativity. Charts are truth. Longby HumanIntel111
TSLA: Buy ideaOn TSLA this morning given the configuration on the chart we would have a high probability that the market would go up.Longby PAZINI196
Does Fibonacci Really Work?It's hard to understand how the Fibonacci sequence presents itself in price action. I remember I used to think it was nothing more than lines drawn in a chart in a fancy manner. However, as I began to learn about probability distributions, I began to understand where the sequence reared its head into price action. Although I don't fully comprehend the theory behind the Fibonacci retracement, I did find a mathematical demonstration that proves price action and this sequence are related. You can find the demonstration in the link below. I'm unsure, but I believe this is peer-reviewed. www.researchgate.net However, you will notice that this approach is extremely different to the Fibonacci retracement. They look nothing alike. However, it's an interesting concept which could Shead light into understanding the fractal that governs price action. One of which is the Sierpinski triangle So does the Fibonacci retracement actually work? Well I don't know, but there is only one way to find out, so lets try itLongby DarkMessiah7771
A better DCA strategy that you need to start using. We all know about Dollar Cost Averaging positions over time. However allow me to introduce you to a weighted DCA strategy that gets you a tighter average and retains additional capital over time ready to be allocated at "better prices". First take your monthly $ allocation to your desired Ticker *For this example we use $400 added monthly and TSLA as the Ticker We break the monthly add into 1/4ths So if we have $400 That = 4 lots of $100 dollars. Set an Auto buy to $100 (as well as auto div reinvest if there is one) *This feels like we're leaving too much on the table and not invested, but this is what gives this strategy the sauce. *We use the Daily chart over a year timeframe for consistency. If RSI is >= 60 we leave the auto buy of $100 (1/4) as is and save the remaining 3/4s to allocate at another date. If RSI is >= 50 -60 we buy another 1/4 ($100) (totaling $200 or 2/4s of monthly allocation) If RSI is <= 30 we allocate the other 3/4s ( $300 ) for a full 4/4s monthly allocation _We will also @ RSI <= 30 allocate 1/4 of all saved monthly allocations As seen in the Chart this occurs in Feb of 2024 where we buy $400 ($100 auto buy + $300 manual) and from $1300 reserves we've accumulated we use $325 to purchase additional shares. This leaves us in great shape, we have a much tighter avg while also maintaining funds ready to specifically purchase more shares at a better price without the fomo. The monthly breakdown of DCA'd shares looks like this Shares DCA'd Jul .35 Aug .789 Sep .794 Oct .773 Nov 1.94 Dec .84 Jan .84 Feb 3.90 mar 1.06 Apr 1.225 may 1.109 Jun 1.13 14.75 shares over 1 year Total Invest $3025 AVG/Share $205 (9% better Avg than regular DCA) W/ $1775 available for RSI < 30 situations Any questions/ opinions welcomed. Good Luck out there.Longby AngryBuhda5
TSLA tight rangesTSLA is in a very tight range with updated supply and demand zones. I got a good entry on a long-dated LEAP and have been selling covered-calls against it on green days. Dipping into the red box is a great place to sell calls. Dipping deep into the green box is a decent spot to add shares, or LEAP calls or sell puts. The 20 EMA has been taken with a candle body which is the starting sign of a reversal through this supply zone. Note that the 50 EMA rides the top of the supply zone, this serves as resistance. I would be happy to see TSLA range here for a bit so I can sell more calls against my LEAPs. -We need to retake 200$ for me to flip momentum to bull mode since May 24by Apollo_21mil0
#Tsla #TESLA cheet sheetHere are some of the important levels to keep an eye on. Personally I'm still bearish in Tesla. Will update on Tesla when we are closer to a clear H or L. For now just keep an eye on the current level at 184-185 ish for short term dir. by BaseLineTraders3
Stocks pairs trading: SLB vs TSLALet's examine the trade potential for Schlumberger (SLB) and Tesla (TSLA) by analyzing their key financial metrics and recent performance to determine reasons for going long on SLB and short on TSLA. Price-to-Earnings (P/E) Ratio: SLB: P/E ratio of 14.53 TSLA: P/E ratio of 47.90 SLB's lower P/E ratio indicates it is more attractively priced relative to its earnings compared to TSLA. This suggests SLB might be undervalued, while TSLA’s high P/E ratio could imply overvaluation or high growth expectations that may be hard to sustain. Performance Metrics: SLB: Perf Year of -8.91%, Perf YTD of -16.16% TSLA: Perf Year of -26.75%, Perf YTD of -24.57% Both stocks have seen declines, but TSLA’s performance has been notably worse over the past year and year-to-date. SLB's more moderate decline may indicate more stability or resilience in its market sector. Recent Developments: SLB has reported strong first-quarter results, beating both earnings and revenue estimates, and has been active in strategic acquisitions aimed at bolstering its technology portfolio and positioning for future growth in lower-carbon technologies. SLB reported earnings per share (EPS) of $0.75, above the analyst estimate of $0.69, and revenue of $8.71 billion, surpassing the estimate of $8.03 billion. SLB’s strategic moves include repurchasing 5.4 million shares of its common stock and entering a joint venture with Aker Carbon Capture, enhancing its position in the carbon capture market. Decision: Long on 4 SLB : SLB’s lower valuation, reasonable debt levels, strong profitability, and proactive strategies such as stock repurchases and dividends make it a solid choice for going long. Short on 1 TSLA : TSLA’s high valuation, despite strong growth prospects, coupled with its recent poor stock performance, suggests it might be overvalued and could face further downside pressure.by joyny1
TSLA: AnalysisOn TSLA today can see on the chart that the sellers broke the vwap indicator by a large red candle and followed by a large red volume. Furthermore, as always shown on the chart, we have a high probability that the market will go up.by PAZINI199