Tesla down to 140?TSLA rejected 205 level back in Feb/Mar on a retest causing a slide to 140-ish.
Will it reject it now and do the same ?
TL0 trade ideas
Tesla on the rise...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉TSLA has been overall bearish trading within the falling channel marked in red.
Currently, TSLA is hovering around a massive round number $200.
🏹 For the momentum to be shifted from bearish to bullish, a break above the last major high marked in red is required.
📈 In such a scenario, a movement towards the previous major high at $270 is expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Technical analysis on TSLA #TSLA I mainly use the Daily and 15 minute chart quite regularly unless otherwise then i will use the 5 minute but lets take a look at the daily and 15 minute timeframe. here
Daily Time Frame (1D):
##Let’s take a look at the bigger picture first:
Right now, Tesla’s stock is hanging around the $200 mark. If you zoom out a bit, you’ll notice it’s been a bit of a bumpy ride lately. The price seems to be showing some hesitation, like it’s trying to decide which way to go next.
##So, what’s the game plan?
There’s a key support area between $182 and $184. Think of this as a safety net where the price might land if it starts dropping. The idea here is that the price could dip down to this zone before bouncing back up, possibly even reaching $230. But don’t get too excited yet—there’s still some bearish energy in the air.
##What are the signals telling us?
The strategy that i am using here is pretty methodical, relying on signals that tell us when to buy or sell. There’s a cool little trick called the Heiken Ashi Smoothing indicator on the chart. This helps smooth out the noise, making it easier to spot trends. Right now, it’s suggesting that the overall momentum is bearish, but there are hints that things might start turning around.
##What does this mean for you?
Well, if you’re playing the long game, you might see a few green (bullish) days before the stock makes that drop towards the $182-$184 range. And if you’re quick on your feet, there could be some short-term opportunities to trade in and out during these consolidations. But be careful—there’s still a lot of uncertainty.
##15-Minute Time Frame (15M):
Now, let’s zoom in a bit:
On the 15-minute chart, things are moving a little faster, as you’d expect. We are still hovering around $200, but it’s had a slight dip. Nothing major, but it’s worth noting.
##What’s happening in the short term?
There’s been a lot of back-and-forth lately, with the price consolidating—basically, it’s been stuck in a tight range. This can be frustrating if you’re waiting for a big move, but it also presents some opportunities for quick trades.
##Should you make a move?
The signals are still showing some bearish vibes, but just like on the daily chart, there are signs that a reversal could be coming. If you’re looking to make a quick trade, there might be a chance to jump in during this consolidation phase and ride a small wave before the price makes a more decisive move.
TSLA Bear Flag Short IdeaTSLA has a nice looking bear flag on the 1hr after seeing a massive fakeout above it's major 2.5 year downtrend. It definitely looks like a bearish chart to me all things considered, but this could provide a long opportunity if it did gap up above tomorrow.
For now I consider it bearish and will be looking for a break below the bear flag and a retest where I plan to enter puts targeting the low from last week and the trendline support below, which comes from the April low. It'll be looking pretty rough for bulls in my opinion if it does break that uptrend from April, but as of now I'll take it one step at a time.
TSLA Bearish Pennant
NASDAQ:TSLA
I'm torn on Tesla (TSLA). While I believe Elon Musk is a visionary leader, the stock's short-term outlook appears challenging. Increased pressure from Chinese manufacturers like BYD and broader macroeconomic headwinds make a bullish picture difficult.
Tesla is more than just an automaker, with tailwinds from its energy storage, self-driving, and robotics divisions. However, these aren't likely to materialize in the near term.
Recent Developments:
Broke below 200-day moving average (DMA).
Retested and failed to break above the 200-DMA multiple times.
Formed a bearish pennant pattern between the 200-DMA and 100-DMA.
Bullish Case: TSLA recently broke above a downward trend line and is finding support on the 100-DMA. If this holds, we could see higher highs compared to the most recent run-up.
Bearish Case: A break below the bearish pennant while below the 200-DMA could target the previous low this year. While there's a chance of a buying spree at that point, a continued decline is also possible.
Tesla Monthly (Bearish)Let's keep this one simple:
➖ We have a downward bias based on a perfect trendline.
➖ This down-trendline is confirmed as strong last month with the session producing a wick above it, but closing below it.
➖ This bearish tendency is confirmed by this monthly session turning red below this trendline.
➖ Trading volume has been declining since February 2020.
➖ The peak has been clearly established November 2021.
➖ Current session trades below 0.5 Fib. retracement.
There is a strong, multi-year long bearish bias on the long-term TSLA stock chart.
👉 Current price action and market dynamics, points toward lower prices.
Namaste.
TESLA: Long Trade Explained
TESLA
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy TESLA
Entry - 200.24
Stop - 184.06
Take - 229.00
Our Risk - 1%
Start protection of your profits from lower levels
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TeslaPrice is consolidating in the range of 180 to 200 in the form of ascending triangle. If it sustains 200 zone then price can move up.
Buy above 203 with the stop loss of 201.5 for the targets 204.5, 206, 207 and 209.
Sell below 198 with the stop loss of 199.5 for the targets 197, 195, 193 and 191.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
TSLA - Loch NessThe Monster is literally throwing the cookies out of the mouth. Check my previous chart:). I am half in TSLQ again for now but in a few weeks I hope to switch back to just fully owning a company I adore.
This small difference is the ONLY difference! (TSLA Long Entry)This pretty much sums up my trading strategy without going to detailed into the theory behind it.
Hope this was helpful for those who are here to learn and develop their own strategies using this style of analysis.
As always, here to answer any questions you have!
Happy Trading :)
Nailing TSLA Longs Live & Trading Truths - A bit of everything!If you've been following along my journey then you'll appreciate the insights I share in this video. Yes, I take an excellent trade on TSLA here - but more so, I talk about the reality of trading and what it took to get me to where I am today.
I appreciate all of you so much for supporting me and joining me on this journey and I'm so excited to continue to build on our knowledge of the markets and of life.
Have an excellent weekend traders &
Happy Trading :)
Where TSLA might be headed 8/9Technical Analysis (TA) Overview:
Trend & Price Action:
Current Price: $200.63, with resistance around $203.38.
Downtrend: TSLA has been in a downtrend as indicated by the descending channel (parallel lines).
Moving Averages:
50 EMA (Green Line): Price is currently testing this level, which might act as resistance.
200 EMA (Purple Line): Located around $220.18, this serves as a significant resistance level if the price manages to break out of the current downtrend.
Support and Resistance:
Support Levels:
$188.53: The price recently found support around this level. If the price drops below this, the next level to watch is around $182.16, which is just above the recent low of $182.00.
Resistance Levels:
$203.38: The current resistance. Breaking above this level could signal a potential reversal or at least a relief rally towards higher resistance levels.
$220.18: The 200 EMA could act as a strong resistance if the price continues to rise.
Volume:
Volume Analysis: Volume is relatively high at 215.306K, indicating strong market participation. If volume increases on an upward breakout, it could confirm a bullish move.
Chart Patterns:
Descending Channel: TSLA has been trading within a descending channel, which suggests a bearish trend. However, the price is near the upper boundary of this channel, which might either result in a breakout (bullish scenario) or a rejection and continuation of the downtrend (bearish scenario).
Potential Scenarios & Strategies:
Bullish Scenario (Breakout Above $203.38):
Entry: If TSLA breaks above $203.38 with strong volume, this could indicate a bullish reversal. Consider entering a long position around $203.50-$205.00.
Target: The first target could be around $220, which aligns with the 200 EMA. If the price surpasses this, further upside towards $235.92 or even $249.89 is possible.
Stop-Loss: Set a stop-loss slightly below the breakout level, around $198.00, to limit potential losses in case of a false breakout.
Bearish/Neutral Scenario (Rejection at $203.38):
Entry: If the price fails to break above $203.38 and shows signs of rejection, consider entering a short position or waiting for a lower entry if you are holding long.
Target: A pullback could bring the price back down to test the support levels at $188.53 or even $182.16.
Stop-Loss: If entering a short position, set a stop-loss just above the $203.38 resistance, around $205.00-$206.00.
Continuation of the Downtrend:
Entry: If the price falls below $188.53 with strong selling pressure, it might continue downwards. Consider shorting or avoiding new long positions until a clear reversal signal appears.
Target: The next support to watch would be around $182.16, with a possible further drop towards $170-$175.
Stop-Loss: Set a stop-loss above $190.00 if shorting to protect against sudden reversals.
Conclusion:
Key Levels to Watch: $203.38 on the upside and $188.53 on the downside.
Strategy: Wait for a decisive move above $203.38 or below $188.53 to enter new positions. If holding a long position, consider reducing exposure if the price fails to break resistance or if it drops below key support levels.
Rising wedge in $TSLA?NASDAQ:TSLA has been on a roll lately, recovering all of the negative performance of 2024 and then some. Will need some confirmations going forward, but could be looking at a rising wedge formation, and it would not be unlike NASDAQ:TSLA to give back some gains.
Tesla 10R LongFeeling pretty confident on this one.
I like the setup as it’s a now or never run for Tesla.
10R trade.
$TSLA Powering down expected until we break the channel The chart is still showing a bearish trend with the price trading within a descending channel, indicating a consistent downtrend.
Key Levels:
- $200 Resistance:
The failure to reclaim and hold above $200 reinforces bearish sentiment.
- 0.618 Fibonacci Support at $165:
This level is the next major support within the current downtrend. A break below could lead to further declines.
- Target 1 ($165): Immediate support level, aligned with the 0.618 Fibonacci retracement.
- Target 2 ($100): A deeper support level and potential downside target if bearish momentum continues.
The price remains below the moving averages, further supporting the bearish outlook. NASDAQ:TSLA is likely to test the $165 level, with the potential for further decline towards $100 if the bearish trend persists. A bullish reversal would require a break above the descending channel and key resistance levels.
$2.5k TSLA SHORTS! Same thing over and over again! Watch the last two videos if you have not yet - they are on the longer side but they truly go into depth about how I do what I do and why I'm so confident when I do it.
I'll stop here and let this sink in for all of you - but please don't skip over these videos if you're trying to learn how to trade - these will help you immensely and I can say from experience it is the best way to analyze the markets because essentially what we're doing is understanding why price is where it's at and what it needs to do to fulfill its' HTF intention. Once that plays out, we can confidently be in a trade without thinking twice - and most importantly, as I show you multiple times in these videos, MAXIMIZE EVERY OUNCE OF PROFITS!
Happy Trading TraderDaddys!
TSLA: A Powerful Inflection Point! (D&W ccharts Analysis).Since our last study, TSLA shares have lost important support levels, which we previously warned about here on TradingView. But what now? What can we expect next and what are the next key points to keep an eye on?
Daily Chart Analysis:
On the daily chart, Tesla's price exhibits a notable recovery after a significant drop, with a subsequent rally encountering resistance around $206, where a gap also appears. This region serves as a double resistance point which could be critical for future price actions. If Tesla fails to break through this resistance, it could see renewed selling pressure, potentially leading the price to test lower support levels. The gap represents a swift price change, which often acts as a psychological barrier for traders and could influence future trading behavior around these levels.
Weekly Chart Analysis:
The weekly timeframe provides a broader view, showing Tesla's price encountering resistance at the 21-week Exponential Moving Average (EMA). This moving average often serves as a dynamic resistance in trending markets, and its current position above the price reinforces the strength of the resistance level. The inability to sustain above this EMA suggests a bearish sentiment in the longer term. If the price continues to respect this EMA as resistance, it could potentially lead to further declines, aligning with the bearish signals from the daily chart.
Overall Implications:
Both charts collectively indicate that Tesla is at a critical juncture. The convergence of the gap and EMA resistance levels on different time frames suggests that Tesla's stock might experience significant volatility. Let's watch these resistance levels closely, as a decisive breakout above could signal a potential change in trend, whereas failure to overcome them might extend the bearish momentum, all the way down to the next support at 167.75.
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.
TSLA - Are you seeing what I'm seeing?It's forming a bear flag, looks like 200 imminent technically or is it bluffing?
Walking you through every candle on the way to major profitsThis is a part 2 to my last in-depth video walking you through every candle on my SPY shorts on the 1 min chart. Again, long video but WELL worth it if you want to trade confidently and squeeze out every ounce of profits in the market.
This video highlights the same analysis en route to $4,000+ of profits on TSLA and COIN shorts within 30 mins.
It can be TOO EASY!
Enjoy this one.
Happy Trading :)
Tesla - It was a clear fakeout!NASDAQ:TSLA just confirmed a false breakout and is now reversing towards the downside.
Being able to only read price action properly can already make you a profitable trader. Tesla was attempting a triangle breakout last month but closed with a significant bearish wick. Therefore this is considered a false breakout and Tesla will head lower over the next couple of weeks since it is still trading below the resistance trendline. This was just pure price action.
Levels to watch: $160, $120
Keep your long term vision,
Philip - BasicTrading
TSLA: Bearish ChannelWe see on TSLA that buyers are trying to break the resistance line. If this is done and also if the vwap indicator is forcefully broken by a large green candle, we would have a high probability of seeing the market go higher. But first, all these conditions must be met.
TSLA: Patience to buy the dip, but it will be rewarded!Earnings are forecast to grow 17.06% per year
Earnings grew by 1.3% over the past year
Tesla (TSLA) VOL 2. | Retest After The Breakout!Hi,
Some months ago I shared the Tesla idea, and it worked out perfectly!
Now the second opportunity, we have seen that the price of Tesla has made a breakout from the trendline. It has seen quite a few attempts to break through it, all failed but not the last attempt, the last attempt was quite powerful and the retest area is also quite strong so these are the major reasons I would like to share this idea.
Obviously, do your own work but if it is matching with mine then you are probably ready to go ;)
Good luck,
Vaido
