Tesla 12/10 MovePair : TESLA
Description :
After Corrective Waves " abc " it has Completed Impulsive Waves " 1234 ". Symmetrical Triangle as an Corrective Pattern in Short Time Frame. Impulse Correction Impulse with Divergence
Entry Precautions :
Wait Until it Breaks the Upper or Lower Trend Line and Retest
Tesla
Tesla (TSLA) -> 300% Is The GoalMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Tesla.
With the Covid19 Crash in March of 2020 Tesla stock perfectly entered a solid rising channel and and pumped more than 1000% towards the upside before retracing 70%.
Following this bullish trajectory I do expect another short term pullback to retest the $200 level before we could see a pump at least back to the previous all time high at $400.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
Tesla -> Will Hisory Repeat ItselfMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only focus on price action and market structure 🖥️
I am trading the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Tesla.
All the way back in 2020 Tesla stock broke out of a monthly triangle formation and pumped more than 1.500% towards the upside. You can see that at the moment Tesla stock is once again creating a monthly triangle formation and there might be another breakout coming soon.
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When the market moves where, and how, and if - these are all unknown.
The only thing which you can control is your risk.
- Philip Basic Trading -
Keep the long term vision🫡
TESLA Buy only over this level. 360 is the extension above it.Tesla / TSLA continues to trade inside the Channel Up that was initiated at the start of the year.
The 1day RSI is neutral so despite the presence of the Channel's bottom, we can see a break either way.
Buy only if the price closes over the Falling Resistance, which was what initiated the June / July rally last time.
The longer the Falling Resistance doesn't break, the more probable it is to see a 1day MA200 test.
Target 360.00 which is +0.618 Fibonacci on top of the previous High (1.00 then 1.618 then 2.236).
Follow us, like the idea and leave a comment below!!
$TSLA Still Hurdles to Clear PBSSo most of my trading is done on my own stream during the day, where price opening tells me MOST of what I need to know about the stock going forward and we have straight forward rules for that. Currently we are still trying to break a WEEKLY downtrend, and battling to resume a lower time frame uptrend.
Have a great trading week!
"Tesla's Drive Towards Sustainability“
As of today, Tesla (TSLA) exhibits strong technical bullish signals. The stock has consistently formed higher highs and higher lows, indicating an uptrend. Key moving averages, like the 50-day and 200-day, are trending positively. Relative Strength Index (RSI) suggests momentum. TSLA appears poised for further gains.
TESLA ran into the sellers zone againYes, I'm already short TESLA.
And I want to load my boat even more.
Here's why:
1. The grey up-sloping Pendulum Fork produces a big HAGOPIAN.
2. Price get's knocked on the head, every time it trades into the Sellers Zone. (Sellers are still there).
3. Red down-sloping Fork: Price got rejected at the U-MLH.
That's it?
Yes, that's it.
If you want the very details of this analysis, I did a deep dive of TSLA this morning and posted the Video.
Let me know what you think about this trade §8-)
TESLA Over the 4H MA50 again. Hyper leg rally is starting.Tesla closed over the 4H MA50 again, a strong display of bullish momentum, turning the 1D technical outlook marginally bullish again (RSI = 55.241, MACD = -0.880, ADX = 30.931). The 4H MACD formed a Bullish Cross, same as April 28th that was a bottom on the Channel Up pattern. We stick to our long term TP = 325.00.
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TSLA - Price action and Volume are trending oppositelyBased on analysis of Price Action and Volume together, we can see that current volume is trending higher while the Price has Red TrapZone formed. Therefore there is NO VALID Trade Bias. Price action analysis is performed by TrapZone Pro.
I published a "Volume Only" analysis using the Unusual Market Volume Detector as well to form a contrast. Price action only tells one half of the story, the other half is Volume. So when we put both together we get the complete picture.
PSNY: First buy signal. With Supertrend Indicator1. First buy signal with supertrend indicator
2. Gap to fill around $3.00 to $3.12 (Thanks to Barclays downgrade :S )
3. Second gap to fill (Wall Street dropped the stock after last earnings/results)
Before buying a few hundred or thousand shares, I'll wait for a consolidation of about 5-10 days, and especially for the EMA 9/20 to cross on the daily chart. Too many times we've been caught buying too early or not waiting long enough.
And if, by any chance, Wall Street decides to push the price up by +50%, I'm already on the train with thousands and thousands of shares... lol 🚀💰
Analyzing RIVN's Outperformance Over TSLA Amidst Cash BurnToday, I would like to draw your attention to an intriguing market trend that has caught the attention of many investors - the outperformance of RIVN stock compared to TSLA, despite RIVN's ongoing cash burn. While this phenomenon may raise eyebrows, it is essential to approach it with a cautious and analytical mindset. Let's delve into the reasons behind this unexpected market behavior and explore why some investors are considering a long position on RIVN.
1. Dissecting RIVN's Outperformance:
a) Market Sentiment: Investors are drawn to RIVN's potential as a disruptor in the EV industry, which has fueled a positive market sentiment.
b) Growth Prospects: RIVN's innovative technologies, such as its autonomous driving capabilities and unique battery technology, have garnered attention for their potential to revolutionize the EV market.
c) Competitive Advantage: RIVN's focus on the luxury EV segment, along with its strong brand image, has positioned the company as a formidable competitor to TSLA.
1. Understanding RIVN's Cash Burn
2. A Cautious Call-to-Action
a) In-depth Research: Dive into RIVN's financial reports, growth projections, and competitive landscape to gain a comprehensive understanding of the company's position.
b) Risk Assessment: Evaluate the risks associated with RIVN's cash burn and weigh them against the potential rewards of its growth prospects.
c) Diversification: Ensure that any investment in RIVN aligns with your overall investment strategy and risk tolerance. Diversify your portfolio to mitigate potential risks.
d) Expert Opinions: Seek insights from trusted financial advisors or industry experts who can provide informed opinions on RIVN's prospects.
In conclusion, RIVN's outperformance over TSLA, despite its cash burn, has sparked interest among investors. However, it is vital to approach this opportunity with caution and conduct thorough research before making any investment decisions.
Remember, the stock market is inherently unpredictable, and it is crucial to make informed choices based on a well-rounded analysis of the available information.
XLK - Support DefendedBulls stepped up and bought the initial dip in XLK
If this market is to have nay chance at a rally, tech will need to participate.
So far we now have a weekly Dojo candle that allows us to trade against.
If a retrace lower occurs next week I anticipate buyers to step up unless Yields or the dollar have a significant move to the upside.
Is TSL Stock Worthy Beyond 2025? Let's Uncover That
Now, I know what you might be thinking. TSLA has been quite the rollercoaster ride, with its stock price soaring to astronomical heights and then experiencing some sharp declines. But let's not forget the incredible achievements and disruptive innovations that Tesla has brought to the table. From electric vehicles to renewable energy solutions, this company has been at the forefront of revolutionizing multiple industries.
Looking ahead, it's crucial to consider some key factors that could shape Tesla's future performance. The electric vehicle market is projected to witness substantial growth, driven by increasing environmental concerns and government regulations. Tesla, being a pioneer in this domain, is well-positioned to capitalize on this trend and maintain its market dominance.
Moreover, Tesla's ambitious plans to expand its production capacity, particularly in emerging markets like China, bode well for its long-term prospects. As the company continues to scale up, economies of scale could potentially lead to improved margins and profitability. Additionally, Tesla's investments in autonomous driving technology could open up new revenue streams and solidify its position as a leader in the automotive industry.
Now, let's talk about the call-to-action. As traders, it's essential to keep a close eye on the performance of our investments. I encourage you to consider holding onto TSL if it consistently outperforms the SPY ETF (S&P 500 Index). While past performance is not indicative of future results, this metric can serve as a valuable indicator of TSLA's strength relative to the broader market.
By closely monitoring TSLA's performance against the SPY ETF, we can make informed decisions about the stock's long-term potential. Remember, investing is all about calculated risks and staying ahead of the curve. If TSLA consistently outshines the broader market, it may be worth considering as a long-term holding in your portfolio.
In conclusion, the question of whether TSLA is a stock worthy of holding beyond 2025 is a topic that sparks curiosity and debate. While the future is uncertain, Tesla's innovative spirit, market position, and growth opportunities make it an intriguing candidate for long-term investors.
So, let's keep a watchful eye on TSLA's performance and evaluate its potential against the SPY ETF. If it continues to outperform, it might just be the time to consider holding onto Tesla and ride the waves of its future success.
TSLA - TESLAs rebound and potential turnTSLA fell out of the L-MLH and fell down very hard, but did not reached the WL. That's a HAGOPIAN and hence we see price climbing up to retest the L-MLH.
If we reach the L-MLH we could see the GAP filled.
From up there I'l stalk a short since it's likely that it will continue to the downside.
Trade with caution, markets are nuts §8-)
tesla (head and shoulders probability (negative)) tslaAnalyzing and examining Tesla in the time frame of 1h, the possibility that Tesla has a temporary correction is high. And this action can bring the price closer to the previous uptrend that was broken (ie the 260 range). In this case, it is a pullback. and will confirm failure. If it cannot return to the trend, which there is a high probability that it cannot enter the trend, in this hypothesis close to the trend, if the sales volume increases, it can start falling and reach the 240 range again. This time, in this hypothesis, the probability of breaking the 240 range will be high. It will cause the formation of negative head and shoulders. And after breaking this range, which is a negative head and shoulder collar, it will fall to the 214 range. But if the white trend line, which is Tesla's long-term trend, breaks upward, this hypothesis will be violated.