TESLA analysis for the weekTESLA TECHNICAL ANALYSIS AND FORECAST FOR THE WEEK These are some support and resistance to trade Tesla stock this week. If it breaks above, we may see a rally up, however, the downside is a possibility. Risk management is keyLongby ForexClinik1
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 Shortby AnabelSignals3315
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 Longby AMA_FX4
TESLA: Will Start Falling! Here is Why: The analysis of the TESLA chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals223
earnings predictiontsla can go down for further highs to be bought Tesla, Inc. is an American multinational automotive and clean energy company headquartered in Austin, Texas, which designs, manufactures and sells battery electric vehicles, stationary battery energy storage devices from home to grid-scale, solar panels and solar shingles, and related products and services. Shortby AynurNurUpdated 3
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. Longby HassiOnTheMoon777
TESLA head & shoulder formation on daily chartNASDAQ:TSLA A head & shoulder pattern is starting to fill out the right shoulder on the daily chart. MEGA (Make Elon Great Again)Longby deltatower229
TSLA: Buy ideaOn TSLA we would have a big probability to have an uptrend because as you can see on the chart buyers want to break with force the vwap indicator.Longby PAZINI19114
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.by BullBearInsights114
TSLA NOT A BUY under $214!TSLA hit the top of the resistance downtrend a couple of times the last couple rallies have sold off hard. I wouldn't be looking to take a long position until we can break above this $214 levelby ShortSeller761
TSLA: Buy ideaOn TSLA as you can see on the chart we have the breakout with force the vwap and the resistance line by a big green candle so it's mean that we would have a hight probability to have an uptrend.Longby PAZINI191
TESLA SHORT SCENARIO (LOG)We are currently hitting a final trend channel resistance before reversing. Gold zone hit, RSI oversold, what looks like Hanging Man on Daily close. We need a correction right now, for the healthy push-up of the price. The arrows are an indication of the trend direction. Shorts from 251 - 230, low leverage. My targets are unchanged 120-102 to go long. I have some buy targets at 80-70 too if we get there. Good luck all.Shortby matejmnUpdated 171730
THE DOWNFALL OF TESLAAnother stock I am looking to short is $TSLA. They missed their last 4 earnings. I only see it down from here. Please refer to chart for data points.Shortby GoBuyCrypto0
$TSLA 4hr reversal... #RightOnTimeNASDAQ:NVDA earnings... NASDAQ:TSLA reversal candle "Precisely on schedule" / Also right on 50% Fibonacci Retrace #Coincidence Price Target still $260 -ProphLongby Prophecies_R_Us558
$TSLA falling wedge into $NVDA earnings #BullFlagI really like this setup for TSLA into NVDA earnings AH. I think that 260 gap down gets filled before OPEX next month. Weekly TSLA calls are cheap here imo @ 208.08Longby Prophecies_R_Us101027
TSLA Outlook💹 Stock: 👁️ Bullish Outlook: TSLA has been breaking into new highs on our Weekly, Daily, and 4hr time frame. We are currently below the 10/50/200 EMAs on the 4hr. I'm interested in longs if we can get above these EMAs and start showing strength.Longby angelvalentinx2
TSLA: Support and resistanceTSLA is doing same think it did last time, flush out lot of bulls. I think if there is any more downside it should be 145. The volatility during the FOMC will impact tesla, but should bounce back stronger. Dollar cost averaging is best. Buying between 145 to 170 is what I'm looking at. Cheers, Happy investing NASDAQ:TSLA by MarathonToMoonUpdated 3
Tesla Continues Consolidation Inside Wedge PatternI am longterm bullish on Tesla for many reasons, however I do believe it will continue to consolidate inside this wedge pattern well into 2025. So, if you're looking to purchase this stock, I believe you have 12 months from now to accumulate at reasonable price levels. It is also interesting to watch the fib retracement levels for short term support and resistance.Longby joyfuldad5
TSLA Support BreakUnfortunately this idea has already played out before I had time to post this text version. I went over it in the video before it happened though. Just posting this for reference. I was looking for shorts at 215, but I actually didn't take this one. My target is 198-200Shortby AdvancedPlays4
TSLA - LTF Entry using HTF algorithms and trading planWatch the progression of the market at work! The next few days on TSLA can show it really beautifully. Use this as a learning guide for future trade analysis and executions! Happy Trading :)Long06:01by ReigningTrades558
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.by Nathan_The_Finance_Hydra3316
TSLA: Buy ideaOn TSLA we can see on the chart a beautiful red candle with a relatively small body and a long low wick. This is a trend reversal signal (Bullish).Longby PAZINI198
Tesla UpdateI believe we're still in a corrective structure. If this is the case, then we should ideally drop into the next target box before raising again for c of b. You can see that so far in this most recent move lower starting @ $228.21, we have a 3-wave move, which I labeled our mini-A wave, followed by a 3-wave move higher labeled B. If you look on the 3min chart from the mini-B wave high of $221.48, we have a 3-wave move lower. This signals the mini c wave is sub-dividing into a 3-wave move. Should it follow a standard path, I would expect price to raise to the $217 area followed by a drop to about $200 to complete mini c of micro-B. That is assuming it follows a standard pattern and is by no means required. We should know in the next day or two, but I believe we ultimately tag the higher target box @ $237-$252 to conclude this minor B wave.by TSuth7738