Get started
TESLATESLATESLA

TESLA

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

TSLA trade ideas

X, Starlink and Tesla: Musk's Conflicts Shake Wall StreetElon Musk's companies, X (formerly Twitter), Starlink and Tesla, are in the spotlight on Wall Street, impacting risk perception and market volatility. X faces blockades in Brazil after refusing to remove profiles linked to the far right, which has led to regulatory tensions that extend to Starlink, whose satellite internet service has been affected by the blocking of accounts to secure fines imposed on X. Simultaneously, Tesla remains a key player in the tech stock market, but regulatory challenges faced by Musk on different fronts create uncertainty about the future performance of his companies. The lack of a legal representative for X in Brazil, along with the closure of its offices, illustrates the complexity of managing these controversies, which affect investor confidence. The tensions come against a backdrop where Wall Street is closely watching the Federal Reserve's moves on interest rates, with the first expected adjustment of 25 basis points this month. Although these measures aim to stimulate the economy, any data surprises could increase volatility in the markets, which have already shown significant ups and downs in recent weeks. As investors look for stability, the conflicts of Musk and his companies add to market volatility, demonstrating how regulatory and political challenges can significantly influence the performance of tech stocks in the coming days. Five key points will need to be watched: • U.S. employment data. • The aforementioned volatility. • Rate cuts by the Bank of Canada, being its third consecutive rate cut at its meeting this Wednesday. Canadian economy showing mixed signals, having flat growth in the summer. • Pressure on oil prices, caused by increased expectations of a supply increase by OPEC+ starting in October. Brent and WTI posted weekly and monthly losses, as US rates add pressure. • Economic data from China, Caixin manufacturing PMI data for August was released today, and that expected a slight recovery although in August manufacturing activity fell to its lowest level in six months, increasing pressure on Beijing to implement economic stimulus measures to strengthen domestic demand. Looking at the chart of TESLA, Inc (ActivTrades Ticker: TSLA.US) we can see that the price of tesla has pulled back considerably since November 2021, giving itself a relatively sustained downward channel for 3 years. This year 2024, since April a price recovery trend has formed, not without highlights caused by the company's lack of results compared to its competitors. The direct impact of the X and Starlink blockades on Elon Musk's main company will have to be seen at this time. At the moment RSI has indicated a strong sell signal on July 8 that moved the price from $272 to $183. Currently the Checkpoint is around $195.50 and comes from a corrective candlestick sequence. If we go to the more charting aspect, a clear bearish pennant has formed so there could be a new correction to the lows, following the current trend pattern, which would move Musk's company in the direction of $101 or at least to $138.88 which is the support area of the last impulse. Ion Jauregui - ActivTrades Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
Editors' picks
NASDAQ:TSLAShort
by ActivTrades
6
TESLA Will Collapse! SELL! My dear followers, This is my opinion on the TESLA next move: The asset is approaching an important pivot point 214.25 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 208.78 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
NASDAQ:TSLAShort
by AnabelSignals
3
Tesla in monthly chart Hello It's been a while that I have not published any update for TSLA and I think some changes should be considered. First of all I am pretty sure that we are closing to a huge correction in the stock market and I am trying to figure out its time. What I am seeing now in Tesla chart is like a triangle trying to complete last wave e to start last wave (V) so if this chart is correct then we have couple of weeks to decide about our shares in this monster electric company. Lets time show us the truth. Thanks
NASDAQ:TSLALong
by AMA_FX
TSLA: I DON'T KNOW ABOUT YOU... But I'm feeling Tesla oooohThis is coming strictly from an investor, not a trader. The way I see this chart... it's making me feel the same way I feel when I wake up to relieve myself in the morning get the chills. No major risk for me as I'm a long term holder, but I'm buying as much as fiscally-responsibly possible in this range. Come earnings, I believe the market will be all over Tesla's AI hype seeing as maybe they missed out on NVDA, or PLTR or SMCI... They want to take advantage of TSLA psychologically low prices. IF the reverse H&S pattern is completed, I believe we will soon see TSLA retesting ATH's Please do your own research and make your own financial decisions, brethren.
NASDAQ:TSLALong
by HassiOnTheMoon
7
TSLA for Tomorrow 8/20/20241. Price Action: Current Trend: TSLA is in a downward channel, with the price action showing a series of lower highs and lower lows on the 1-hour chart. The stock recently experienced a bounce from the lower boundary of the channel, which aligns with the support level at $202.11, indicating a potential short-term reversal. Support and Resistance: The key resistance levels are $214.68 and $225.62, while the critical support levels are $202.11 and $194.77. The stock’s recent recovery towards the $210.26 area shows some buying interest, but it remains to be seen if this momentum can sustain. 2. Order Blocks: Demand Zone (Support): Around the $202.11 level, there's a significant order block, where buyers previously stepped in to push prices higher. This area could serve as a strong support, potentially leading to a bullish reversal if the price retests this zone. Supply Zone (Resistance): The $214.68 - $225.62 range represents a critical order block where sellers have previously dominated, pushing the price down. If TSLA approaches this area, expect strong resistance, and potential selling pressure could emerge. 3. MACD (Moving Average Convergence Divergence): Indicator Analysis: The MACD is currently below the signal line, which aligns with the broader bearish trend. However, the recent price bounce might lead to a MACD crossover if bullish momentum builds, signaling a potential trend reversal. 4. CCI (Commodity Channel Index): Current Reading: The CCI is hovering near the -100 level, which is typically indicative of an oversold condition. If the CCI crosses above -100, it could suggest that the selling pressure is easing, and a short-term upward move might be in play. 5. Forecast and Trading Strategy for Tomorrow: Short-Term Forecast: Given the current technical setup, TSLA might continue to see some recovery if it can sustain above the $210.26 level. The MACD and CCI indicators suggest a potential short-term bullish reversal, but this could be limited by the strong resistance around $214.68. Trading Strategy: Bullish Scenario: Consider entering long positions if TSLA sustains above $210.26 with a target towards $214.68 and $225.62. Keep a close eye on volume to confirm the strength of the move. Bearish Scenario: If the stock fails to hold above $210.26 and retraces, watch for a potential breakdown towards the $202.11 support. A break below this level could lead to a retest of the $194.77 area. Suggestions and Insights: Risk Management: The market is currently volatile, and TSLA is experiencing significant fluctuations. Tight stop-loss orders are recommended, especially given the upcoming long weekend, which could lead to thin trading volumes and increased price swings. Long-Term Outlook: While TSLA has shown resilience, the broader market sentiment and macroeconomic factors will heavily influence its future trajectory. Stay updated with any fundamental news that could impact the stock, particularly in the EV sector.
NASDAQ:TSLA
by BullBear-Insights
1
TSLA: Trading around a CRITICAL support level! |H & D charts|On the 1-hour chart, Tesla's price is forming a descending triangle pattern, a typically bearish formation, where the price is consistently making lower highs while the support around $208.47 is holding for now. The price is trading below the 21-hour EMA, which has started to slope downwards, indicating growing bearish momentum. The immediate support at $208.47 is crucial—if it breaks, the price could see a decline towards the next support level, potentially around $195.11. The daily chart presents a broader perspective where Tesla's price recently made a top at the $228.22, and faced strong selling pressure, as indicated by the sharp pullback. The 21-day EMA is also sloping downward, reflecting the current bearish sentiment in the short term. The next key support level is ttheh $208.40 seen on the 1h chhart, and f this level is breached, the price could continue to decline towards the $195.11 level, which acted as support in the past in the hourly chart, but the next main support on theh daily chart is the $182. On the upside, any attempt to move higher will face resistance at $228.22, and above that, the next significant resistance is the gap around $245. Resistance: $228.22 on the daily chart, followed by $245. Support: $208.47 on both the 1-hour and daily charts, with the next support at $195.11 if this level breaks. Summary Tesla is currently testing a critical support level at $208.47 within a descending triangle pattern on the 1-hour chart, which could lead to further declines if broken. The broader daily chart suggests that any upside movement will likely face strong resistance, particularly at $228.22. We should watch for a break of either support or resistance to determine the next significant move. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore All the best, Nathan.
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
3