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Tesla

TESLA Can it break the 1D MA50 and sustain an uptrend?Tesla has been trading within a Bearish Megaphone pattern since the July 19 2023 High. The recent Low (March 14 2024) came very close to the 152.50 Support, which is the April 27 2023 Low. This shows just how strong the current bearish structure is. Medium-term traders/ investors can expect a sustainable uptrend only when the 1D MA50 (blue trend-line) breaks, which has been the Resistance all this time since January 09 2024 (almost 3 months). If it does break above it, we expect a +41.50% rise from the bottom (+5% more than the previous Bullish Leg), targeting $225.00. That is considered conservative based on the margins of the Bearish Megaphone as the previous two Lower Highs were priced on the 0.786 Fibonacci retracement level. The fact that the 1D MACD has already formed a Bullish Cross below the 0.00 level, favors statistically the upside case, as in the past 12 months such a signal failed to break above the 1D MA50 only once out of 4 times in total. Until it does break it though, the trend remains bearish short-term towards Support 1 (152.50). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:TSLA
by TradingShot
75: Exploring the Electric Vehicle and Copper ConnectionIn the ever-evolving landscape of the financial markets, the intersection between Electric Vehicles (EVs) and copper presents a compelling narrative. As interest in EVs surges, propelled by advancements in technology and a global shift towards sustainability, the demand for key components such as copper intensifies. Recent market dynamics have seen a lack of enthusiasm for EV stocks, prompting car manufacturers to implement price reductions to stimulate sales. However, this move signifies a strategic pivot rather than a sign of weakness, as companies aim to bolster revenues for further investment in the burgeoning EV sector. Crucially, the production of EV batteries heavily relies on copper, emphasizing its integral role in the industry. Consequently, a resurgence in copper demand is anticipated, driven by the expanding EV market and the broader digitalization trend. Technical analysis reveals copper's struggle to breach the 4.12 level, hinting at potential downside movements. Key support zones are identified around 3.37 and 2.83, where increased buying interest in copper is expected. These levels coincide with opportune entry points for investors eyeing the EV sector, as copper targets new highs, with an ambitious target of 6.49. We can see that the convergence of EVs and copper presents a compelling trading opportunity. As the EV market continues to evolve, savvy investors can capitalize on the interplay between these sectors for potential gains.
COMEX:HG1!
by Soldi75
2
Tesla - Wait For The CloseHello Traders, welcome to today's analysis of Tesla. -------- Explanation of my video analysis: After Tesla started an insane pump of + 3.200% in 2019, we saw a top being created in 2021 and since then, Tesla has been trending towards the downside. You can also see that there is a significant horizontal structure level at the $200 area and Tesla is about to break this level towards the downside. It is best to wait for the monthly candle close before taking new trades. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:TSLA
by basictradingtv
6
Tesla's Stock: Riding the Waves of Uncertainty Towards ClarityIn the ebbs and flows of the stock market, Tesla, once a stalwart driving force, finds itself in an unexpected position. As indices surge, Tesla's stock tumbles, raising questions about its trajectory and the narratives woven around its future. The dichotomy between bullish optimism and bearish skepticism presents investors with a conundrum: is Tesla's downturn a fleeting blip or a harbinger of deeper shifts? The tale of Tesla's recent performance is one of contrasting fortunes. While the broader market marches onward, Tesla's shares have nosedived by an alarming 34% year to date. The disparity is stark, with Tesla now resting 60% below its historical highs, juxtaposed against a Nasdaq-100 index nearing record levels. This dissonance compels us to scrutinize Tesla's current position and forecast its trajectory with nuance. Proponents of Tesla's resilience argue that the current slump offers a prime opportunity for entry, citing the company's strategic maneuvers for future expansion. Yet, dissenting voices assert that Tesla's descent signals a necessary correction towards a more realistic valuation, one commensurate with its maturing status in the automotive landscape. Parsing through the data reveals a complex narrative underpinning Tesla's recent woes and its future prospects. Despite the tumultuous stock performance, Tesla's relentless march in unit volumes underscores its ascendancy as a formidable automotive player. In 2023 alone, Tesla delivered a staggering 1.8 million vehicles globally, solidifying its dominance across the electric vehicle spectrum and transcending conventional automotive boundaries. However, this surge in volumes has not been without compromise. Tesla's strategic pivot towards more affordable offerings, epitomized by the Model 3 and Y, has catalyzed a downward spiral in prices. The ensuing price reductions, coupled with intensifying market competition, have precipitated a decline in margins and revenue growth. While revenue witnessed a modest uptick to $97 billion in 2023, the growth trajectory decelerated markedly, echoing concerns about Tesla's profitability amidst its quest for market expansion. Looking ahead, Tesla's roadmap to sustain growth hinges on democratizing access to electric vehicles. The company's foray into unveiling a more affordable vehicle, slated for potential debut by 2025, underscores its commitment to broadening its consumer base. Yet, the efficacy of this strategy remains contingent on Tesla's ability to navigate the delicate balance between sales volume expansion and revenue optimization. Crucially, investors must eschew myopic assessments tethered to current earnings and instead pivot towards prognosticating future trajectories. By extrapolating Tesla's potential sales volumes and applying conservative profit margin estimations, we unearth a sobering reality: Tesla's stock might face headwinds in the coming years, with its price-to-earnings ratio hovering slightly above market averages. Navigating Tesla's stock amidst market turbulence demands a calibrated approach. While short-term fluctuations may tantalize opportunistic investors, a prudent evaluation of Tesla's long-term growth narrative is paramount. Whether Tesla emerges as a phoenix from the ashes of its stock downturn or grapples with prolonged stagnation remains uncertain. In the crucible of market dynamics, foresight and discernment serve as steadfast guides for investors charting Tesla's enigmatic trajectory.
NASDAQ:TSLALong
by FOREXN1
1
BITCOIN, WTF TRENDS EDITIONBitcoin has some crazy trends. But everyone says I'm crazy, so I've really got nothing to lose, haha. Basically, everything is overextended, but not really.. if that makes any sense. It puts bitcoin rejecting somewhere between now and 48k, and dropping to like 32k, which then has it returning to 54, which then has it going to like 12k, which then shows 120k. How likely is this scenario? LOW. Very low, and even lower that it is similar to what I've drawn. But also.. Not impossible. So, here it is. IF it should happen like this, you'll be prepared to buy into some massive fear. If it doesn't happen. Then trends and price targets are still relevant.
COINBASE:BTCUSD
by nicktussing77
SPX 5300 NEXT ?REASONS WHY !! The S&P 500 (SPX) has been a barometer of the U.S. economy and a benchmark for global equity markets. Here are some reasons why we believe it could reach the 5300 mark: Economic Recovery: The U.S. economy is showing signs of robust recovery from the pandemic-induced recession. This recovery is expected to drive corporate earnings growth, which is a key driver of stock prices. Monetary Policy: The Federal Reserve’s accommodative monetary policy, including low interest rates, is likely to continue supporting the equity market. Low interest rates make stocks more attractive compared to other assets like bonds. Fiscal Stimulus: Government spending and fiscal stimulus measures aimed at reviving the economy could provide a significant boost to various sectors, driving their stock prices up. Technological Advancements: Companies in the technology sector, which have a significant weight in the S&P 500, continue to innovate and grow. This growth can have a positive impact on the overall index. Vaccine Rollout: The successful rollout of COVID-19 vaccines is expected to lead to a strong economic rebound, as businesses reopen and consumers start spending again. Inflation Expectations: Moderate inflation can be good for stocks. It often leads to higher prices for goods and services, which can translate into higher corporate profits.
SP:SPXLong
by NYRUNSGLOBAL
TESLA BUY ZONEThe data provided gives us insights into the analyst sentiment and price targets for Tesla (TSLA) stock over the last three months. According to 34 Wall Street analysts, the average price target for TSLA is $207.74. This average is derived from a range of forecasts, with the highest forecast being $320.00 and the lowest forecast at $23.53. It's important to note that this represents a 21.61% change from the last recorded price of $170.83. Furthermore, in the current month, TSLA has received ratings from analysts, with 28 Buy Ratings, 43 Hold Ratings, and 11 Sell Ratings. This diverse set of ratings indicates a mixed sentiment among analysts regarding the future performance of Tesla stock. In the context of a trade, it's mentioned that there's a small stop loss in place, suggesting a risk management strategy to limit potential losses. Additionally, there's a profit target set at 99.99, indicating the desired profit level for the trade. With these parameters in mind, the trade aims to capitalize on potential price movements in TSLA stock. The trade outlines a potential profit of 1667 pips. As TSLA is a stock, the term "pips" might not be the most appropriate unit of measurement. Nevertheless, it's understood that the trade aims to achieve a significant profit based on the perceived movement in TSLA stock price. Overall, the trade strategy appears to be based on the analyst sentiment and price targets, with a focus on risk management and setting profit targets. Traders implementing this strategy aim to capitalize on potential price movements in TSLA stock while managing their risk exposure effectively.
NASDAQ:TSLALong
by MOAZAM1133
Tesla Stock Plummet On China's Production CutTesla ( NASDAQ:TSLA ) has reduced production at its Shanghai factory amid slowing EV demand in the world's largest auto market. The move to cut production in China also comes as the global EV giant is heading towards a likely first-quarter delivery miss and has announced vehicle prices will begin to increase. Tesla ( NASDAQ:TSLA ) is reducing production at the China plant to five days a week. The output cuts started earlier in March and could continue through April, Bloomberg reported Friday. The action comes amid slowing EV growth in China and with Tesla's Shanghai facility already not producing at full capacity. Tesla ( NASDAQ:TSLA ) observers have repeatedly said in recent weeks that global inventory appears high. This week, local media reported Tesla ( NASDAQ:TSLA ) will slightly raise China list prices on Model Y vehicles starting on April 1, following similar plans in the U.S. and Europe. Tesla ( NASDAQ:TSLA ) is also offering discounts between $1,000-$1,500 in China on inventory Model Y vehicles. Inventory discounts are more significant in the U.S. and Europe. First-Quarter Deliveries Below Expectations The global EV company ended 2023 on a high in China. However, the EV dynamic in China has changed early in 2024. Tesla Chief Executive Elon Musk has also said China's EV companies are Tesla's main competition — with BYD (BYDDF), Nio (NIO), Li Auto (LI) and others all making inroads in the EV market. Tesla China delivered 60,365 in February, down around 19% compared to last year, according to the China Passenger Car Association (CPCA). Chinese New Year ran for two weeks in February, from Feb. 10-Feb. 24. Tesla deliveries of China-made vehicles in January and February totaled 131,812, down 6% compared to 2023. Cutting Shanghai production would be further confirmation of weakening demand not only in China, but in Europe and other key markets. Shanghai exports to Europe have waned over the past several months, while the Tesla Berlin factory is running well below capacity. Meanwhile, with the first quarter ending soon, Tesla ( NASDAQ:TSLA ) appears to be heading for a delivery miss. Wall Street consensus currently still has Q1 deliveries of 481,000 units, according to FactSet, but many analysts have cut predictions in recent days. Tesla is expected to report Q1 deliveries in early April. Tesla Stock Performance TSLA shares fell 3.3% to 167.14 during market action Friday. Tesla ( NASDAQ:TSLA ) shares has a weak Relative Strength Index (RSI) of 38.26 indicating selling pressure. Last week, Tesla ( NASDAQ:TSLA ) stock dropped 6.7% to 163.57, hitting new 2024 lows and levels not seen since May 2023. NASDAQ:TSLA is down more than 14% in March and the biggest loser on the S&P 500 index so far in 2024. UBS last week cut its Tesla stock price target to 165, from 225, and maintained a neutral rating on the shares. UBS lowered its Q1 delivery forecast to 432,000 units, from its previous 466,000 view. The firm also cut full-year deliveries to 1.96 million units, from 2.02 million previously. With 2023 in retrospect, analyst consensus now has 2024 Tesla earnings below 2023's level. That signals another year of earnings declines for this growth stock. Wall Street expects Tesla earnings per share of just $2.96 a share in 2024, according to FactSet. That would be around a 5% decline vs. last year's $3.12.
NASDAQ:TSLAShort
by DEXWireNews
NIKE BULL AFTER EARNINGS 120Nike’s stock looks bullish over the longer-term after breaking up from a falling channel pattern on the daily chart1. If Nike receives a bullish reaction to its earnings print and remains above the 50-day SMA, the eight-day EMA will cross above the 21-day EMA, which would be bullish1. Wells Fargo analyst Ike Boruchow added Nike to his top picks list, stating, "We simply believe the recovery characteristics and self-help story now beginning at make for a more compelling long idea into 2024
NYSE:NKE
by NYRUNSGLOBAL
LONG EURUSD TP 1.0930 REASONS WHY Economic Sentiment in Europe The economic sentiment in the European economy has shown signs of improvement1. This could potentially strengthen the Euro against the US Dollar. A positive economic sentiment often leads to increased investor confidence, which can drive up the value of the currency. 2. Interest Rate Decisions Both the Federal Reserve (Fed) and the European Central Bank (ECB) are anticipated to initiate their easing cycles, potentially commencing in June1. However, the pace of subsequent interest rate cuts may differ, leading to potentially divergent strategies for the two central banks1. Nevertheless, the ECB is not expected to significantly lag behind the Fed1. 3. Technical Analysis From a technical perspective, there are both bullish and bearish formations showing on the EUR/USD at the moment2. The pair remains as one of the more attractive venues for continuation strategies on USD-strength2. However, a sustained break below the key 200-day SMA at 1.0838 might ignite a deeper retracement1. On the upside, EUR/USD is expected to meet its initial resistance at the March peak of 1.09811. 4. Global Economic Factors Global economic factors such as geopolitical tensions, trade policies, and global economic growth can also impact the EUR/USD pair. For instance, Europe’s front-line exposure to Russia’s war in Ukraine and the European Central Bank’s tardiness in raising interest rates have driven it to parity, or a 1:1 ratio with the dollar
Long
by NYRUNSGLOBAL
2
TESLA Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand -------------------- 1-16-2024 RED TrapZone with RED UMVD. Price sliding as US MSI also points to weakening in the market. Hold On to You Hats I Say :)
NASDAQ:TSLA
by SnowflakeTrader
3
TESLA The Target Is UP! BUY! My dear friends, TESLA looks like it will make a good move, and here are the details: The market is trading on 163.56 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 180.44 Recommended Stop Loss - 154.73 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
NASDAQ:TSLALong
by AnabelSignals
2
NIO STOCK TO 10 BUCKS REASONS !!Strong Fundamentals NIO has been consistently improving its fundamentals. The company’s vehicle deliveries have been growing quarter over quarter, demonstrating strong demand for its EVs. NIO’s battery-as-a-service (BaaS) model is also a game-changer, providing a competitive edge over other EV manufacturers. Innovative Partnerships NIO’s recent partnership with CATL to produce EV batteries that can last up to 15 years is another bullish indicator. This collaboration could lead to significant cost savings for NIO and its customers, potentially boosting NIO’s market share in the EV space. Expanding Market The EV market in China, the largest auto market globally, is expanding rapidly. The Chinese government’s push for green energy and the growing consumer awareness about environmental sustainability are driving this growth. As a domestic player, NIO is well-positioned to capitalize on this trend.
NYSE:NIOLong
by NYRUNSGLOBAL
2
Tesla Shares Up 6.3% on Model Y Price Hike in US, EuropeIn a strategic maneuver to bolster sales and navigate shifting market dynamics, Tesla ( NASDAQ:TSLA ) recently announced price hikes for its Model Y electric vehicles across select regions, triggering a surge in its stock price amidst a backdrop of evolving challenges and opportunities. Seizing Momentum Amidst Price Adjustments: Tesla's decision to increase Model Y prices in both Europe and the United States has sparked a flurry of investor interest, propelling its shares by nearly 7%. The move, which includes a $1,000 hike for U.S. customers and a 2,000 euros increase for European buyers, underscores Tesla's agility in responding to market conditions while seeking to optimize revenue streams. Navigating Market Sentiments: Despite the immediate market enthusiasm, analysts remain cautious, citing concerns over persistently high Model Y inventory and interpreting the price adjustments as a short-term sales stimulus rather than a reflection of robust demand. Goldman Sachs analysts, in particular, have revised their 12-month price target downward, highlighting challenges in Model 3 production ramp-up and operational disruptions at Tesla's Berlin gigafactory. Evolving Market Landscape: Tesla's strategic maneuvers unfold against a backdrop of evolving market dynamics, including reduced electric vehicle subsidies in Europe, intensifying competition in China—the company's second-largest market—and signs of slowing demand. While analysts acknowledge Tesla's strong position in the electric vehicle and clean energy sectors, they caution that near-term market conditions could impact earnings and growth trajectories. Strategic Outlook: Despite near-term headwinds, Tesla ( NASDAQ:TSLA ) remains well-positioned for long-term growth, leveraging its market leadership and technological prowess in the electric vehicle and clean energy sectors. The company's ability to navigate market challenges while sustaining innovation will be pivotal in shaping its trajectory in the competitive landscape of the automotive industry.
NASDAQ:TSLALong
by DEXWireNews
NVIDIA 1000 SOON ?NVIDIA Corporation (NASDAQ: NVDA), a leading player in the technology sector, has been showing promising signs that could potentially drive its stock price to reach the $1000 mark. Here’s why: Strong Financial Performance NVIDIA’s financial performance has been impressive. In 2023, NVIDIA’s revenue was $60.92 billion, an increase of 125.85% compared to the previous year’s $26.97 billion1. Earnings were $29.76 billion, an increase of 581.32%1. This strong financial performance indicates a healthy and growing company. Positive Analyst Ratings The consensus rating for NVIDIA stock from 41 stock analysts is "Strong Buy"23. This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market. Future Growth Prospects According to forecasts, NVIDIA’s revenue for the year 2025 is expected to reach $136.09 billion, representing a growth of 21.67% from the current year1. The EPS for the year 2025 is forecasted to be $30.41, representing a growth of 22.03% from the current year2. These growth prospects could potentially drive the stock price higher. Dominance in AI and Gaming NVIDIA’s pivotal role in the artificial intelligence market and its dominance in the gaming industry are key factors that could drive its stock price. The company’s GPUs are widely used in data centers, gaming, and AI, sectors that are expected to grow significantly in the coming years1. Bullish Technical Indicators Based on technical indicators, the current sentiment is bullish and NVDA could hit $2,813.93 in 20254. This might be a good time to open fresh positions on NVDA, as trading bullish markets is always a lot easier4. While the road to $1000 may have its ups and downs, the combination of NVIDIA’s strong financial performance, positive analyst ratings, future growth prospects, and dominance in key sectors makes a compelling bull case for its stock.
NASDAQ:NVDALong
by NYRUNSGLOBAL