Tesla
UPDATE: Tesla Possible Correction Update
Morning everyone here is a quick update for you based on what I am seeing with Tesla, look out for a possible correction today to the levels provided, it could however go lower but currently I see those two levels down , if we break those levels then I will update everyone again
Happy Trading
Mindbloome Trading/Kris
Trade What You See
TSLA Robotaxi “one for the history books” - Elon MuskIf you haven`t bought the dip on TSLA:
Now you need to know that Tesla’s Robotaxi unveiling is generating excitement with its “We, Robot” tagline, a clear signal that the automaker is about to unveil something groundbreaking, potentially bigger than what was imagined in the sci-fi classic I, Robot.
Tesla began sent exclusive invitations to retail investors, influencers, and owners, fueling anticipation around its latest innovation—the Cybercab. Drawing from the attention-grabbing design of the Cybertruck, the Cybercab could mark a significant leap forward in autonomous transportation.
Elon Musk called the event “one for the history books” in a post on X, further boosting speculation about what this could mean for Tesla's future. With heightened interest in the Warner Bros. Studio event in Burbank, California, the buzz surrounding Tesla’s Robotaxi unveiling could signal strong momentum for TSLA stock, as investors anticipate the potential long-term impact of this revolutionary technology.
TESLA $TSLA | TESLA ROBOTAXI EVENT DISAPPOINTS!? - Oct 11 '24TESLA NASDAQ:TSLA | TESLA ROBOTAXI EVENT DISAPPOINTS!? - Oct 11 '24
BUY/LONG ZONE (GREEN): $232.00 - $263.50
DO NOT TRADE/DNT ZONE (WHITE): $208.50 - $232.00
SELL/SHORT ZONE (RED): $177.50 - $208.50
NASDAQ:TSLA Trends:
Weekly: Bullish
Daily: Bearish
4H: Bearish
NASDAQ:TSLA and Elon Musk disappoint with 10/10 Robotaxi event? I was personally a fan of the event, but this morning we saw price break bullish support and possibly start a bearish trend. I've expanded 181.00 zone up to 182.00 to capture the bottom of the previous bear trend that started from the Jul23 earnings report. My next look is for price to range between the 216.75 - 232.00 levels up to the next earnings release on Oct23. Levels were expanded from previous analysis and posts, linked below.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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Tesla Eyes $350 Break: Will We Soar to $371 or Pull Back First?Hey trading family, here’s the scoop on Tesla right now:
We’re looking at a possible break of $350, which could take us to the $371 zone. From there, we’ll need to see if the market has the strength to push higher or if it pulls back, possibly to $359 or lower.
On the flip side, if the market corrects from here, we could see a dip to $340, maybe even $335.
Stay chill, watch the levels, and let Tesla show you where it’s heading next. Always trade what you see!
Mindbloome Trading / Kris
Tesla in orbit!Hello community.
Daily chart.
Nothing to say, everything is on the chart.
Musk and Trump, the winning duo for the USA?
If this continues they will succeed in changing lead into gold!
The USA is not dead, the big comeback!
Make your opinion, before placing an order.
► Thank you for boosting, commenting, subscribing!
$822-825 target for Tesla’s Inverse Head & Shoulders PatternCan’t recall whether or not I’ve ever posted a tesla chart on here. The inverse head and shoulders pattern is pretty textbook here, and with Elon’s involvement with the new administration I can only assume Tesla will only continue to experience success in reading the probability of this pattern reaching its full breakout target. *not financial advice*
TESLA Update - Above 180 we look for bullish variables Tesla gave us some insane profits from our last set up below, now it has turned however.
Earnings has resulted in a single day 12% loss and probable continuation after. So what should we do now?
Our theory is that Tesla is in it's third major wave and therefore can't take out is low for this to remain valid. We expect Tesla to make a higher low, probably above 180, pivot and run to 300 as a first target. This gives us an accumulation idea for now that can turn into a trade set up like our last if more variables develop. We are buying some stock today and will accumulate above 180. If futher edges develop we will update.
A second important point is we believe Tesla will outperform relative to the nasdaq in the mid to long term. It has underperformed for the past couple of years but the tide might be shifting. The chart below showcases our argument.
The TSLA Trade Setup You NEED To Know!Even if you did not know anything was going on this week... NASDAQ:TSLA had an amazing long setup on Monday. I posted about it then and wanted to make a followup educational video because it was so amazing! It was a setup I HAD TO TAKE because it was all my rules come together!
Traders need to know these individual components:
Earnings Pullback
Gap Levels
50% Retracement
Spike
And when some or all of them come together you take the trade
Is Tesla's $1 Trillion Market Cap Sustainable in the Long Run?A Milestone Achieved
Tesla, the electric vehicle pioneer led by Elon Musk, has once again shattered records by surpassing a $1 trillion market capitalization. This significant milestone, achieved in early November 2024, solidifies Tesla's position as a dominant force in the automotive industry and a symbol of innovation and disruption.
The Factors Behind the Surge
Several key factors have contributed to Tesla's remarkable market performance:
1. Strong Financial Performance: Tesla has consistently delivered strong financial results, with record-breaking revenue and profitability. The company's focus on cost reduction, operational efficiency, and product innovation has driven its growth.
2. Accelerated EV Adoption: The global shift towards electric vehicles has gained momentum, fueled by increasing environmental concerns and government incentives. Tesla, as the leading EV manufacturer, is well-positioned to capitalize on this trend.
3. Innovative Product Lineup: Tesla's diverse product portfolio, including electric vehicles, energy storage solutions, and autonomous driving technology, has captivated consumers and investors alike. The company's continuous innovation and cutting-edge technology have solidified its position as a technology leader.
4. Elon Musk's Visionary Leadership: Elon Musk's charismatic leadership and ambitious vision have inspired confidence among investors and consumers. His unwavering commitment to pushing the boundaries of technology has propelled Tesla to new heights.
5. Favorable Regulatory Environment: The supportive regulatory environment for electric vehicles in key markets, such as the United States and China, has further boosted Tesla's growth prospects.
The Road Ahead
As Tesla continues to expand its operations and introduce new products, the company's future prospects remain bright. However, several challenges lie ahead:
1. Intensifying Competition: The electric vehicle market is becoming increasingly competitive, with traditional automakers and emerging startups investing heavily in electric vehicle technology.
2. Supply Chain Disruptions: Global supply chain disruptions, particularly related to semiconductor shortages, could impact Tesla's production and delivery timelines.
3. Economic Uncertainty: Economic downturns and geopolitical tensions could negatively impact consumer demand for electric vehicles.
4. Regulatory Risks: Changes in government policies and regulations could affect Tesla's operations and profitability.
Despite these challenges, Tesla's strong brand, innovative products, and dedicated customer base position the company for continued growth and success. As the electric vehicle revolution accelerates, Tesla is poised to remain at the forefront, shaping the future of transportation and energy.
Conclusion
Tesla's achievement of a $1 trillion market capitalization is a testament to its disruptive innovation, strong leadership, and favorable market conditions. While challenges persist, the company's long-term vision and strategic execution position it for continued growth and success in the years to come.
Tesla - This Will Be A Wild Ride!Tesla ( NASDAQ:TSLA ) is deciding about its future in the next 8 days:
Click chart above to see the detailed analysis👆🏻
During the next 8 days - until this monthly candle closes - we will see whether or not Tesla will enter the next major bullrun. Currently Tesla is trading at the important triangle breakout level after dropping about -20% this month so far. The future of Tesla will depend on this breakout.
Levels to watch: $160, $200, $270
Keep your long term vision,
Philip (BasicTrading)
TESLA LONGTSLA is bottoming, for that we are sure. It is currently sitting above a major historical level after breaking back above it, potentially backtesting it as support. You can see the clear level as shown below.
If we take out the double bottom then I think we have a very likely chance of heading all the way to 150, where the next major level is and where we would buy in again.
Long-Term Outlook: Polestar's Potential on the 3-Day CandlesticLong-Term Outlook PSNY: Polestar's Potential on the 3-Day Candlestick Chart
Looking at the 3-day candlestick chart, we can observe some promising signs for the long term. While the price action may seem gradual, it reflects a steady build-up that could lead to significant growth in the years ahead. For those following Polestar, this chart provides a clearer picture of the broader trends and potential shifts in momentum. As always, patience is key. If the fundamentals align as expected, we could see a strong upward movement by 2026. For now, stay focused on the bigger picture and keep an eye on any key market shifts.
Tesla’s Power Move: $300 Broken, $322 in SightUpdate:
Good morning, trading family. It’s your guide, Mindbloome Trader, here to remind you to trade what you see.
Tesla has broken through $300 and is holding strong. If it keeps this momentum, $322 is a realistic target. However, if it slips below $300, it could just be pausing before its next move.
Stay patient, follow the trend, and trust the process. Let the market show you the way.
Mindbloome Trading/ Kris
Trade What You See
Accelerating Ahead: Is Now the Time to Invest or Should You WaitOverview: Tesla Inc. (NASDAQ: TSLA)
Current Price: $288.53 (as of November 7, 2024)
Sector/Industry: Consumer Discretionary / Automobiles
Tesla has been on a remarkable upward trajectory, reaching new highs. Investors are now contemplating: Is it prudent to enter at current levels, or should one wait for a potential pullback to optimize the risk/reward profile?
Key Levels and Price History
52-Week Range: $180.00 - $288.53
One-Month Range: $250.00 - $288.53
Support Level: $270.00
Resistance Level: $300.00
Upcoming Dates to Watch
Next Earnings Date: January 25, 2025
Dividend Payment Date: N/A (Tesla does not currently pay dividends)
Ex-Dividend Date: N/A
Valuation and Metrics
P/E Ratio: 68.84 (above industry average)
Free Cash Flow:
Recent Quarter: $2.5 billion
TTM: $10 billion
Dividend Yield: N/A
Institutional Holdings: 55%
Short Interest: 3% of float
Recent Price Action & Technical Indicators
Weekly Trend: +5%
Monthly Trend: +10%
RSI: 65 (approaching overbought territory)
Moving Averages:
50-Day: $260.00
200-Day: $220.00
MACD: Positive divergence, indicating upward momentum
The RSI nearing overbought levels suggests caution, as a pullback may be imminent.
Comparative Valuation
P/E Ratio (TSLA): 68.84 vs. Industry Average: 20.00
P/B Ratio (TSLA): 15.00 vs. Industry Average: 3.00
EV/EBITDA (TSLA): 40.00 vs. Industry Average: 10.00
Tesla's premium valuation underscores its growth potential but also indicates higher risk if market sentiment shifts.
Growth & Financial Health
Revenue Growth (3-Year CAGR): 30%
Projected Revenue Growth (Next 2 Years): 25% annually
Debt-to-Equity Ratio: 0.5 (moderate leverage)
Cash Reserves: $20 billion
Current Ratio: 1.8
Notable News & Social Sentiment
News Highlight: November 6, 2024 – Tesla announced a strategic partnership with a leading battery manufacturer, boosting investor confidence.
Social Buzz: Positive discussions on platforms like Twitter and Reddit, with investors optimistic about Tesla's future prospects.
Competitive Comparison
Ford Motor Company (F): $10.55, P/E 15.00, Revenue Growth 5%
General Motors Company (GM): $45.20, P/E 10.00, Revenue Growth 3%
Investment Analysis: Entry Now or Wait for a Pullback?
1. Entry at $288.53 (Current Price)
Target Price (TP): $320.00
Potential Upside: $320.00 - $288.53 = $31.47
Percentage Gain: ~10.90%
Stop Loss (SL): $270.00
Potential Downside: $288.53 - $270.00 = $18.53
Percentage Loss: ~6.42%
Risk/Reward Ratio: 10.90% (reward) / 6.42% (risk) ≈ 1.70
Entering at $288.53 offers a moderate risk/reward ratio, with potential gains outweighing potential losses. However, the proximity to overbought RSI levels suggests a cautious approach.
2. Entry at $270.00 (Wait for Pullback)
Target Price (TP): $320.00
Potential Upside: $320.00 - $270.00 = $50.00
Percentage Gain: ~18.52%
Stop Loss (SL): $250.00
Potential Downside: $270.00 - $250.00 = $20.00
Percentage Loss: ~7.41%
Risk/Reward Ratio: 18.52% (reward) / 7.41% (risk) ≈ 2.50
Waiting for a pullback to $270.00 provides a more favorable risk/reward ratio, offering greater potential gains relative to potential losses. This strategy aligns with a more conservative investment approach.
Price Forecast Scenarios
Optimistic: $320.00 (assuming continued bullish momentum)
Neutral: $300.00 (aligning with current resistance levels)
Pessimistic: $250.00 (testing lower support levels)
Conclusion
Tesla's recent performance reflects strong growth and positive market sentiment.
Aggressive Entry (Today's Price, $288.53): Offers potential for short-term gains but carries higher risk due to near overbought conditions.
Conservative Entry (Pullback to $270.00): Provides a better risk/reward balance, ideal for those seeking a more cautious approach.
Verdict: While both strategies have merit, waiting for a pullback to $270.00 offers a more balanced entry point, allowing investors to capitalize on Tesla's growth potential with reduced risk.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk. Always conduct your own research and consult with a financial advisor before making any investment decisions. Use this information at your own risk; I am not responsible for any outcomes that do not align with expectations.
TESLA: Hit the July 2023. Doesn't look it will stop before $400.Tesla is approaching the overbought state on its 1D technical outlook (RSI = 68.976, MACD = 8.690, ADX = 38.748) but the 1W chart still on healthy enough levels (RSI = 63.761) to keep fuelling the uptrend despite today's enormous +15% rise approximately. The reason is that the double testing and hold of the 1W MA50 in October kickstarted Phase 2 of the bullish wave of the 2 year Channel Up. That can keep rising until the 1W RSI is well overbought. The first bullish wave completed a +194.25% rise at the top of the Channel Up, so there is no reason to expect otherwise on the current wave also. That is our long term target (TP = $400).
See how our prior idea has worked out:
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Is Tesla Poised for Growth in a Shifting Industry?Tesla, the electric vehicle (EV) pioneer and technological innovator, continues to captivate investors worldwide. Despite recent market volatility and economic uncertainties, a bullish outlook for Tesla's stock persists, driven by several key factors.
1. Continued Dominance in the EV Market
Tesla's early entry into the EV market and its relentless pursuit of innovation have solidified its position as a market leader. With a strong brand reputation, cutting-edge technology, and a loyal customer base, Tesla remains well-positioned to capitalize on the growing demand for electric vehicles.
2. Expanding Product Lineup
Tesla's diversified product portfolio, including the Model S, Model 3, Model X, Model Y, and the Cybertruck, caters to a wide range of consumer preferences. The company's ability to introduce new models and enhance existing ones keeps it ahead of the competition.
3. Autonomous Driving and AI Leadership
Tesla's ambitious autonomous driving program, Autopilot, and its advancements in artificial intelligence (AI) position the company as a frontrunner in the development of self-driving technology. Successful implementation of full self-driving (FSD) capabilities could significantly increase the value of Tesla vehicles and generate substantial revenue from autonomous ride-hailing services.
4. Energy Storage Solutions
Tesla's energy storage solutions, including Powerwall and Powerpack, offer efficient and sustainable energy storage options for residential and commercial applications. As the demand for renewable energy grows, Tesla's energy storage business has the potential to become a significant revenue driver.
5. Global Expansion and Infrastructure
Tesla's global expansion strategy, coupled with its expanding Supercharger network, is enabling the company to reach new markets and solidify its presence in existing ones. As more countries adopt stricter emissions standards and invest in EV infrastructure, Tesla is well-positioned to benefit from this trend.
6. Strong Financial Performance
Tesla has consistently delivered strong financial performance, with increasing revenue and profitability. The company's ability to generate cash flow and invest in research and development is crucial for its long-term growth.
7. Elon Musk's Visionary Leadership
Elon Musk's charismatic leadership and unwavering commitment to innovation have been instrumental in Tesla's success. His visionary approach and ability to inspire a passionate following have contributed to the company's strong brand and loyal customer base.
Potential Risks and Challenges
While the outlook for Tesla is generally bullish, it's important to acknowledge potential risks and challenges:
• Intense Competition: The EV market is becoming increasingly competitive, with traditional automakers and emerging startups investing heavily in electric vehicles.
• Supply Chain Disruptions: Global supply chain disruptions, particularly related to semiconductor shortages, could impact Tesla's production and delivery timelines.
• Regulatory Hurdles: Navigating complex regulatory environments, especially in different countries, can be challenging for Tesla.
• Economic Uncertainty: Economic downturns and recessions could negatively impact consumer spending and demand for luxury goods.
Despite these potential challenges, Tesla's strong fundamentals, innovative products, and experienced leadership team position it well to navigate the evolving automotive landscape. As the company continues to execute on its strategic plans, investors remain optimistic about its long-term growth potential.
Conclusion
Tesla's compelling growth story, coupled with its strong financial performance and innovative products, makes it an attractive investment opportunity for many investors. While it's important to conduct thorough research and consider the risks involved, a bullish outlook for Tesla's stock remains justified.
Tesla Hits Target! ~100% Profit! Time to Lock in Gains?A little over a month ago, I shared a post about Tesla with a target zone of around $280–$300. I’m pleased to report that the price has now reached this level!
This year, I shared two ideas on Tesla:
The first was in April.
The second was in early August.
Today, Tesla has moved into this target range, presenting an excellent opportunity for those who entered in April (potential returns up to +100%) or in August (around +45%) to consider taking some profits.
What to Consider Now? The $280–$300 range has historically been a strong resistance zone, with multiple rejections in the past. If you’re looking to lock in gains, this could be a favorable moment. For those with a longer-term outlook, holding through this level is also an option, though some consolidation or a pullback in this range could occur, so be prepared.
This move into the target area highlights the power of technical analysis in identifying optimal entry points and potential exits.
Congrats to everyone who followed along and caught this move!
Best regards,
Vaido
DID YOU FORGET ABOUT TESLA?! Let me remind youNASDAQ:TSLA
It's like clockwork, ladies and gentlemen.
BREAKOUT 👏 RETEST 👏 HIGHER 👏
Brought to you by the #HIGHFIVESETUP
1 year cup n handle pattern breakout
inside a
3 year cup n handle pattern breakout
First Price target:
🎯 $334
Original Analysis is linked below.
NFA
#trading #tradingstrategy