Tesla Motors (TSLA)
TSLA makes progress in trend up LONGTSLA on the 120-minute time frame has finished off an inverse head and shoulders pattern with
the bottoms on January 26 February 6 and February 14 respectively. Price rose above the
neckline at 197 and appears to be trending to retest it. My target is 220 which is the 0.5 Fib
level of the prior immediate recent January trend down. The relative strength fast line
is dipping for a bounce off the 50 level horizontal line. The past RSI indicator shows much
improvement in strength. I will buy TSLA shares and options when price gets retraced to about
197 =/- 0.50. I expect this will happen on the next down general market day which could
be as early as the morning after this present holiday.
[TSLA] Tesla Idea of Investment EntryJust bought the open on TSLA today after PM-Break.
My main motivation came from the reverse H&S pattern we can see on 4h timeframe / 1D timeframe and touch of the low band of bearish channel.
I want to see NASDAQ:TSLA to the huge daily level we had previously but keep a close eye for potential reverse.
Great Trade !
Tesla Faces Hurdles in Germany: Locals Threatens Expansion PlansTesla ( NASDAQ:TSLA ), the trailblazing electric vehicle manufacturer, finds itself embroiled in a contentious battle in Germany as local residents voted against the authorization of a crucial factory expansion in Brandenburg. The rejection casts a shadow over Tesla's ( NASDAQ:TSLA ) ambitious plans to bolster its production capabilities and underscores the challenges the company faces in navigating local sentiment and environmental concerns.
The proposed expansion, aimed at Tesla's ( NASDAQ:TSLA ) battery and car assembly plant in Brandenburg, sought to carve out approximately 250 acres of forest in the rural community of Grünheide, home to fewer than 8,000 residents. This move, however, encountered staunch opposition from locals and environmentalists, who voiced apprehensions over the ecological impact of deforestation near a nature conservation area.
At the heart of Tesla's ( NASDAQ:TSLA ) expansion plans lay the vision to construct a rail freight depot and storage facilities, essential components to streamline logistics and mitigate production disruptions stemming from parts shortages. The rejection of the expansion by the local populace poses a significant setback for Tesla, prompting the company to explore alternative avenues to realize its growth objectives.
While the vote stands as a nonbinding verdict, its ramifications reverberate across Tesla's ( NASDAQ:TSLA ) operations, compelling the company to recalibrate its strategy and engage with stakeholders to seek a viable path forward. Local officials, cognizant of the impasse, have pledged to pursue constructive dialogue to identify mutually acceptable solutions that balance economic imperatives with environmental stewardship.
The setback in Germany comes against the backdrop of broader challenges confronting Tesla, including supply chain disruptions and intensifying competition in the electric vehicle landscape. The recent temporary halt in production at the German facility, attributed to local component shortages exacerbated by external factors such as militant attacks on shipping routes, underscores the vulnerability of Tesla's global operations to geopolitical uncertainties.
Despite the headwinds, Tesla ( NASDAQ:TSLA ) remains steadfast in its commitment to revolutionizing the automotive industry and accelerating the transition to sustainable transportation. The company's Berlin-Brandenburg site, boasting an annual production capacity of 375,000 Model Y vehicles, underscores its strategic significance in serving the burgeoning European market and enhancing affordability for customers through localized manufacturing.
Nevertheless, Tesla's ( NASDAQ:TSLA ) market position faces mounting pressure from an increasingly crowded field of competitors vying for supremacy in the electric vehicle arena. The surge in sales of battery electric vehicles across Europe underscores the shifting dynamics of consumer preferences and underscores the imperative for Tesla to innovate and differentiate itself amidst a sea of contenders.
As Tesla ( NASDAQ:TSLA ) grapples with the fallout from the setback in Germany and navigates a landscape fraught with challenges, the company's resilience and adaptability will be put to the test. Amidst uncertainties and obstacles, Tesla's ( NASDAQ:TSLA ) unwavering pursuit of its mission to accelerate the world's transition to sustainable energy serves as a beacon of hope and inspiration, underscoring the transformative potential of disruptive innovation in shaping a greener, more sustainable future for generations to come.
TSLA - Relative Strength compared with peers and others SHORTOn a daily chart, the price action of TSLA is shown to be in a descending channel. An indicator
has been added to show the strength of various symbols as compared with QQQ the broad ETF
tracking the NASDAQ 100. TSLA is doing very poorly but better than FSR and XPEV which are
performing poorly but comparatively okay compared with TSLA. Of the symbols on this list
which is customizable and is a comparison on a daily time frame back six months NVDA, AMD
and META as well as NFLX are outperforming QQQ the most. I have used this to further
validate my TSLA put options overall as I also look at other stocks that may be of interest
based on six months of performance.
TSLA Golden and Death Crosses on a Daily Chart SHORTShown on this daily TSLA chart with the "alligator" indicator overlaid showing SMA 20, 50 and 200
without offsets are the golden crosses of last June as compared with the "death" crosses in
January. At least for the moment but sustained by the news and antics of its CEO, the writing
for TSLA may be on a gravestone?
TSLA 120 minutes Chart Moving Average pullbacks for Short EntryTSLA has been trending down in a channel since it marked the first trading day of this new year.
The chart is set up on a 120-minute time frame with the Williams Alligator indicator of
SMA10 SMA20 and SMA50 ( offsets 10, 5, & 2). In a strong downtrend, the averages are parallel
with SMA50 higher then SMA20 and SMA 10. For a good short entry, the price should pullback (
and up) through the SMA10 but not through the SMA20. An entry is taken when price falls
back through the SMA10. The supertrend may be reversing if any of the lines cross in a
golden fashion or price crosses the SMA20 or SMA50. On the chart, red down arrows mark the
best six entries YTD. There have been no exits despite any shorting pullbacks such as the past
day or so more or less from some news catalyst delivered by a certain fund manager to protect
her glut max and maybe wallets of clients. This strategy is well suited for a low intensity low
effort & minimal screen time type trader of shares or options to strike a balance overall and
profitable one at that with more simplicity and less complexity with noise and indicator
overload tuned out.
TESLA more downside? Looks like the RSI suggesting us that TSLA stock will go down to 140-150$ in upcoming week. Daily chart has bearish hidden divergence, also overbought on Stochastic RSI.
If we go down without breaking and holding 211$ the price will be rejected from 200EMA and that would be very bearish signs for Tesla.
Weekly chart looks better suggesting we will go back up fast and there shouldn't be much downside left. Putting my buy orders between 100$ to 155$
TESLA $TSLA - Nov. 7th, 2023Tesla NASDAQ:TSLA NASDAQ TVC:NDQ TVC:NDQ US100
BUY/LONG ZONE (GREEN): $234.10 - $262.90
DO NOT TRADE/DNT ZONE (WHITE): $216.76 - $234.10
SELL/SHORT ZONE (RED): $166.31 - $216.76
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!
TSLA Share Price Rises SharplyTSLA Share Price Rises Sharply amid News of Musk's Increased Stake in the Company
According to media reports, Elon Musk has increased his stake in Tesla by more than one and a half times — previously, the billionaire owned approximately 13% of the shares, now he owns 20.5% of Tesla. And earlier it was reported that Musk wants to increase his stake in Tesla to at least 25%.
At the same time, the TSLA share price rose sharply in yesterday's trading by more than 6%, while the S&P 500 stock market index increased by “only” +0.6%.
The TSLA stock chart today shows that:
→ the price has overcome the psychological mark of USD 200 per share;
→ the price has overcome the resistance level of USD 195 per share;
→ a bullish reversal pattern inverted head-and-shoulders has formed on the chart.
The situation gives hope to the bulls in a disadvantageous situation, because:
→ TSLA stock price is in a bearish trend (as shown by the red channel);
→ the last quarter report disappointed investors — and the price formed a wide bearish gap at the end of January.
How determined are the bulls, will they be able to break the trend? This will show their ability to overcome resistance levels:
→ 206.0 – in the area of the upper border of the gap;
→ median line of the descending channel;
→ SMA line (100) pointing down.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
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.
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.