TSLA Stock Analysis & GEX Options Insights – Feb. 18
Technical Analysis (TA) for TSLA
* Current Price Action: TSLA has bounced from a recent downtrend, now consolidating near $354. The stock is testing a key resistance zone, and a breakout could fuel more upside.
* Support & Resistance Levels:
* Immediate Resistance: $356 – TSLA is testing this level, a breakout could push price higher.
* Next Resistance: $380 – Aligns with the 3rd Call Wall from GEX data.
* Major Resistance: $400 – Strong resistance and potential Gamma Wall.
* First Support: $350 – If TSLA fails to hold, a drop to lower levels is possible.
* Major Support: $340 – A breakdown here could trigger a strong downside move.
* Critical Breakdown Level: $330 – Significant Put Wall and breakdown level.
* Indicators:
* MACD: Trending toward bullish, but near the zero line, showing weak momentum.
* Stochastic RSI: Rebounding from oversold, suggesting a possible short-term bounce.
Options Flow & GEX Analysis
* GEX (Gamma Exposure):
* Highest Positive NetGEX / Call Resistance: $400 – The major resistance zone.
* 71.64% Call Wall: $380 – Another resistance where price may slow down.
* 83.37% Call Wall: $360 – TSLA is close to this level, a rejection is possible.
* Put Wall Support: $340 – The strongest downside support from options positioning.
* 3rd Put Wall: $330 – Significant bearish momentum possible if this level breaks.
* IV & Sentiment:
* IV Rank (IVR): 38.1 → Moderate implied volatility, making options reasonably priced.
* IVx Avg: 69.1 → Slightly elevated, indicating some uncertainty.
* Options Sentiment: Calls = 56.6% → Bullish positioning in the options market.
Trade Setups
📈 Bullish Scenario (Breakout Play):
* Entry: Above $356 with strong volume.
* Target: $360, then $380 (Gamma Squeeze Potential).
* Stop Loss: Below $350.
📉 Bearish Scenario (Breakdown Play):
* Entry: Below $350.
* Target: $340 or $330 (Put Support).
* Stop Loss: Above $356.
Final Thoughts
* TSLA is showing early signs of strength, but resistance at $356-$360 could cause rejection.
* A breakout above $360 could lead to a strong rally toward $380-$400.
* A failure to hold $350 might trigger a slide toward $340 and below.
* Best Trade Approach: Watch for confirmation of a breakout above $356 or breakdown below $350 before committing to a trade.
🚨 This analysis is for educational purposes only. Trade responsibly and manage risk! 🚨
* Current Price Action: TSLA has bounced from a recent downtrend, now consolidating near $354. The stock is testing a key resistance zone, and a breakout could fuel more upside.
* Support & Resistance Levels:
* Immediate Resistance: $356 – TSLA is testing this level, a breakout could push price higher.
* Next Resistance: $380 – Aligns with the 3rd Call Wall from GEX data.
* Major Resistance: $400 – Strong resistance and potential Gamma Wall.
* First Support: $350 – If TSLA fails to hold, a drop to lower levels is possible.
* Major Support: $340 – A breakdown here could trigger a strong downside move.
* Critical Breakdown Level: $330 – Significant Put Wall and breakdown level.
* Indicators:
* MACD: Trending toward bullish, but near the zero line, showing weak momentum.
* Stochastic RSI: Rebounding from oversold, suggesting a possible short-term bounce.
Options Flow & GEX Analysis
* GEX (Gamma Exposure):
* Highest Positive NetGEX / Call Resistance: $400 – The major resistance zone.
* 71.64% Call Wall: $380 – Another resistance where price may slow down.
* 83.37% Call Wall: $360 – TSLA is close to this level, a rejection is possible.
* Put Wall Support: $340 – The strongest downside support from options positioning.
* 3rd Put Wall: $330 – Significant bearish momentum possible if this level breaks.
* IV & Sentiment:
* IV Rank (IVR): 38.1 → Moderate implied volatility, making options reasonably priced.
* IVx Avg: 69.1 → Slightly elevated, indicating some uncertainty.
* Options Sentiment: Calls = 56.6% → Bullish positioning in the options market.
Trade Setups
📈 Bullish Scenario (Breakout Play):
* Entry: Above $356 with strong volume.
* Target: $360, then $380 (Gamma Squeeze Potential).
* Stop Loss: Below $350.
📉 Bearish Scenario (Breakdown Play):
* Entry: Below $350.
* Target: $340 or $330 (Put Support).
* Stop Loss: Above $356.
Final Thoughts
* TSLA is showing early signs of strength, but resistance at $356-$360 could cause rejection.
* A breakout above $360 could lead to a strong rally toward $380-$400.
* A failure to hold $350 might trigger a slide toward $340 and below.
* Best Trade Approach: Watch for confirmation of a breakout above $356 or breakdown below $350 before committing to a trade.
🚨 This analysis is for educational purposes only. Trade responsibly and manage risk! 🚨
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.