Tesla Monthly Analysis Based on what I see currently Tesla has hit its monthly target up: please see the red line. It appears we are heading on a bearish trend to the following red lines below. Lets see how the market interacts in the coming months MB trader Shortby Mindbloome-Trading0
TSLA bullish with volatilityApplied Inverted H&S pattern to daily chart of $TSLA. System says that NASDAQ:TSLA has target at $275.32 😳🧐. With so much volatility, it may be very much possible to touch the Target at $275.32 and reverse.Longby shankargb2
TESLA Update_2 -May Extend Uptrend Towards $310TESLA Update_2 -May Extend Uptrend Towards $310 Tesla reached the top of the channel at 270.90 on 11-Jul-2024 and the lowest price was reached at 182 on 05-Aug-2024 Over the past week, Tesla broke out of a bearish channel indicating that the bulls are once again taking control of the price. During this week the price also completed another bullish channel by rising again the odds for a bigger bullish wave. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Longby KlejdiCuni1121
$TSLA Support Found at Yearly Anchored VWAPIt appears Tesla NASDAQ:TSLA might have found significant temporary support at the yearly anchored VWAP. I expect a move up to test upper deviation at 226.50, which would be first profit target. I own some Oct 4 240 C which I plan on scaling out of beginning around that level. Longby drysdalecapital6
$TSLA: Awaiting Breakout - Is Tesla Ready to Surge? Breakout Level: Awaiting breakout above $215.66 Resistance Levels: First Resistance: $221.05 Second Resistance: $224.85 Third Resistance: $228.26 Watch Point: Tesla is nearing a key resistance level. A breakout above $215.66 could trigger a strong bullish move. Longby GlobalMarketGuru1
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. Shortby ActivTrades6616
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