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Tesla

Tesla may reverse from hereBased on the analysis, it appears that Tesla's stock price has gone through a specific pattern known as the Elliott Wave Theory (i,ii,iii, and iv looking to be completed. This theory suggests that markets move in predictable patterns consisting of five waves in the direction of the main trend and three waves against the trend. In this case, you're indicating that Tesla's stock has completed its 4th wave, which retraced approximately 38% of the prior price move. If this analysis is accurate and Tesla's stock price is following this Elliott Wave pattern, it suggests that the stock might be preparing to enter its 5th wave. The 5th wave is typically an upward-moving wave that aligns with the overall trend of the stock. The upside may be 300-317-335 $. However, it's important to recognize that Elliott Wave Theory, as well as the use of Fibonacci retracements, relies on interpreting price charts and patterns. While these tools can provide insights into potential price movements, they are not foolproof predictions. Market behavior is influenced by a multitude of factors such as news, events, economic data, and overall market sentiment. These factors can lead to unexpected price movements that may deviate from the predicted patterns. Disclaimer : As a reminder, trading and investing come with inherent risks. Decisions should be made with careful consideration of various factors, including both technical analysis (like Elliott Wave Theory and Fibonacci retracements) and fundamental analysis (such as a company's financial health, competitive landscape, and industry trends). Consulting with financial professionals, conducting thorough research, and implementing risk management strategies are advisable before making any investment decisions.
NASDAQ:TSLALong
by imkhushal
12
Navigating Tesla's 2023 Surge: A Closer Look at Investing ...Navigating Tesla's 2023 Surge: A Closer Look at Investing in the Electric Pioneer Introduction The year 2023 has been a remarkable one for the Nasdaq Composite index, witnessing a robust 32% surge (as of August 9th), effectively erasing the memories of the significant double-digit losses experienced in the preceding year. This resurgence in the tech-heavy index is undoubtedly a testament to renewed investor optimism. Within this upbeat backdrop, few stocks have shone as brightly as Tesla, the electric vehicle (EV) giant, which has outperformed the broader market with an astonishing 100% surge in its shares during the same period, driving its market capitalization to nearly $800 billion. Tesla's Resilience and Performance The EV behemoth's meteoric rise begs the question: what should investors do with their Tesla holdings? Buying, selling, or holding—each decision carries its own set of considerations. To make an informed choice, let's delve into a comprehensive analysis of Tesla's journey in 2023 and its future prospects in the ever-evolving automotive landscape. Tesla's financial performance has been impressive, with the company surpassing Wall Street expectations for the quarter ending June 30th. Reporting revenue of $24.9 billion and adjusted diluted earnings per share of $0.91, Tesla showcased its resilience and ability to navigate challenges. However, even in the face of positive results, the company's stock experienced a 15% decline following the announcement of its second-quarter earnings. This underscores the complexity of investor sentiment and the market's scrutiny of even the slightest deviations. Profit Margins and Ongoing Challenges Tesla's management has been making pricing adjustments that have impacted profit margins, leading to concerns among investors. In Q2 2023, the company's gross margin and operating margin stood at 18.2% and 9.6%, respectively, marking a substantial drop from the same period a year ago. Yet, it's essential to contextualize these figures. Despite the decline, Tesla's profitability metrics continue to outperform established automakers such as Ford and General Motors. Addressing these fluctuations, Elon Musk, Tesla's charismatic CEO, emphasized the long-term perspective during the Q2 earnings call. He stated, "The short-term fluctuations in gross margin and profitability are relatively insignificant in comparison to the long-term outlook. The advancement of autonomy will render these figures inconsequential." Investors now face the pivotal decision of whether to trust Musk's vision or approach it with a degree of skepticism. Growth Trajectory and Industry Leadership Beneath the surface, Tesla's growth remains impressive. Its automotive revenue, excluding energy storage products and services, has surged by a formidable 46% year over year, reflecting a staggering 533% increase over the past five years. The company's production volume is equally noteworthy, with 1.7 million vehicles manufactured in the last 12 months. Musk's audacious goal of achieving an annual production volume of 20 million vehicles by 2030 reflects his unwavering ambition to reshape the automotive landscape. Beyond the financials, Tesla's brand resonance and premium image have played a pivotal role in its success. As the unrivaled leader in the EV market, Tesla has created an extraordinary brand identity that resonates with consumers worldwide. Its vehicles, known for their cutting-edge design and sophisticated features, provide a distinct competitive advantage that could continue to drive sustained success. Investment Decisions: To Buy, Sell, or Hold? Amidst Tesla's remarkable surge, the decision to buy, sell, or hold Tesla shares may not be straightforward, yet it encapsulates the essence of investing—evaluating risks, rewards, and personal circumstances. For investors considering buying or retaining Tesla shares, the company's pivotal position in the EV industry and Musk's visionary leadership could offer compelling reasons to maintain confidence. The advent of fully self-driving capabilities, coupled with Tesla's energy initiatives, could potentially reshape its financial landscape, providing a strong case for long-term growth. Conversely, those pondering selling Tesla shares after the remarkable ascent in 2023 might be driven by the desire to lock in profits. It's crucial to recognize that Tesla's stock comes at a premium, trading with a trailing price-to-earnings (P/E) ratio of 70, a substantial increase from the P/E of 30 at the beginning of the year. Sellers may seek alternative investment avenues where valuations appear more attractive. Conclusion As Tesla continues to chart its course in the dynamic world of EVs and technology, the decision to invest, divest, or maintain holdings must be rooted in individual perspectives and goals. Tesla's impressive growth, visionary leadership, and brand equity make it an enticing option for those bullish on the EV industry's future. Simultaneously, the stock's substantial ascent and premium valuation underscore the importance of conducting thorough research and aligning investment choices with one's unique circumstances. Just as Tesla's journey is marked by innovation and transformation, investors must navigate their own path, weighing the allure of growth against the realities of the market.
NASDAQ:TSLALong
by FOREXN1
17
$TSLA Deep Dive TA LONGSo, as you can see on the chart 240 has provided strong reversals to the upside and of course is a large cost basis on the daily (see PBS video) So a gap down under this mark and hungry bears will eat that gap below. If we Bounce, then we have a gap above and I think this very dynamic will create range. A gap down would change that as we only have opinions above the chart and its triggers. Now above us we have 252, which is an area where buyers control the price. I expect if price settles above this, we will attempt a break of cost basis 257.00-.35. This mark is a HUGE sell wall on the daily and has been responsible for capturing price and pulling it down. Breaking this would displace the heavy sellers above and move us up.
NASDAQ:TSLALong
by PotterStocks-PBS
1
$TSLA Punchback Long? Tomorrow's gap will tell us exactly where we will be heading for the week. We are currently in a potential range between two large earnings gaps. Giving me the feeling, we will stay in a wide range. I use my own strategy Call the Potterbox Strat. Of course, there are lots of way to place consolidation, but I have learned the market is mechanical through years of observation. Therefore, I use no volume, no indicators, and still come out with accurate price marks.
NASDAQ:TSLALong
by PotterStocks-PBS
1
Tesla (TSLA): Major BULLISH signalBased on my analysis, I believe that the price of TSLA is likely to rise. When assessing the support zones, it is important to consider the overall trend of the asset, especially when it is strongly bullish in the long term. In this case, we can observe that the resistance zone was broken in February and has now become a new support level (refer to the chart). This development indicates a potential upward movement in price. Although the momentum indicators are currently high, it does not necessarily imply that the stock is overbought, especially for stocks with strong growth potential like TSLA. It is important to monitor the situation closely. However, at present, I maintain a strongly bullish outlook. Disclaimer: The information provided is for educational purposes only and should not be considered as financial advice. Trade at your own risk.
NASDAQ:TSLALong
by Julien_Eche
Tesla's Electric Journey: A Bullish Outlook Amidst Market...Tesla's Electric Journey: A Bullish Outlook Amidst Market Fluctuations Tesla's recent performance reports brim with optimism. The first quarter witnessed a staggering 69% surge in production compared to the previous year, consequently propelling an impressive 87% year-on-year escalation in car sales revenue. This surge, outpacing the growth in production, yielded enhanced margins per vehicle, a feat attributed partly to the strategic price hikes of 2021 and amplified production efficiencies in the luxury Model S and X variants. These triumphs resoundingly reverberated in the financial realm, where quarterly net income soared by an astounding 658% in comparison to the preceding year. Notably, Tesla's net profit margin, towering at 17.7%, vaulted it into an echelon of distinction within the automotive landscape. Tesla's trajectory now finds it on the brink of luxury car margins. A valuation reminiscent of automotive stalwart Ferrari, trading at 35 times earnings, appears more fitting than juxtaposing it with General Motors at 6 times earnings or Toyota boasting a price-to-earnings (P/E) ratio of 8.6. While Tesla's valuation remains rooted at 90 times earnings, the pursuit of sustained growth could inexorably nudge it closer to this zenith. In a symphony of shareholder gratification, Tesla's management orchestrates a crescendo of promise: an anticipated annual growth of 50% in car deliveries over the forthcoming years. Embracing this projection as a melodic foundation to compose a sonata of revenue expansion while retaining Tesla's laudable 17.7% profit margin, an enticing overture unfolds. By the denouement of 2022, Tesla could bask in a $14.9 billion profit panorama. This envisages Tesla's stock trading at a modest 49.5 to earnings ratio for the entire year—a rational estimate for a venture poised to burgeon at a resounding 50% annual clip. The recent stock market tempest dissipates any apprehensions about Tesla's valuation, a contrast to the era when Tesla's shares danced above the $1,000 threshold. Fortified by robust growth and an equitable valuation, Tesla's stock emerges as an enchanting investment prospect. Yet, beyond the numbers, the bedrock of Tesla's enterprise model warrants unwavering scrutiny before capital placement. What alchemy grants Tesla the elixir of exalted profit margins, distinct from the traditional automaker ilk? The answer weaves through the tapestry of Tesla's unique modus operandi: eschewing intermediaries. Through a direct-to-consumer sales approach, Tesla sidesteps profit-sharing with dealers, a strategy that may raise eyebrows but unfailingly engenders substantial gains. Moreover, Tesla's single-minded devotion to electric vehicles (EVs) is a potent undercurrent. Irrespective of individual sentiments toward electric cars, the automotive arena charts a course toward electrification. While conventional automakers are still embracing the infancy of full-scale EV production, Tesla surges forth with an unwavering momentum. It grasps the vanguard, magnetizing swaths of patrons, as other marques remain ensnared in the web of prototyping or nascent production. Evidencing this triumph, all four Tesla production models—the 3, S, Y, and X—find themselves ensconced within the upper echelons of satisfaction per Consumer Reports, seizing top accolades from first to tenth place. In the backdrop of escalating U.S. gasoline prices, a seismic shift toward EV contemplation beckons. As consumers ponder their vehicular destiny, Tesla beckons with an unprecedented advantage, poised to capture hearts before the conventional competition can unfurl its offerings. Nonetheless, the spiraling cost of raw materials, particularly nickel and cobalt, integral to battery production, challenges the cost-effectiveness of Tesla's creations. The perennial concern of EV range anxiety finds its echo. Yet, for those content with standard range models, Tesla's lithium-iron-phosphate (LFP) batteries proffer a harmonious compromise, a performance symphony sans the toll of escalating costs. In this symposium of innovation, Tesla orchestrates a magnetic opus, fueled by growth, innovation, and a resolute vision. As the world yearns for a cleaner automotive crescendo, Tesla wields the baton, heralding a future where brilliance and sustainability harmonize.
NASDAQ:TSLALong
by FOREXN1
12
Tesla -> Two Bullish Scenarios Now!Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Tesla💪 After Tesla stock retested the last strong support zone for bulls, the 0.786 fibonacci level at the $100 level, the recent pump over the past couple of months of more than 100% was no surprise at all. With Tesla stock retesting the 0.382 weekly fibonacci retracement level we could already see a weekly bullish rejection away towards the upside from here. However I am still waiting for bullish confirmation at the currect $245 support level - if we drop below the zone then I do expect a rejection at the next support which is sitting around the $215 level. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
NASDAQ:TSLALong
by basictradingtv
41
SIGNS OF WEAKNESSHi Guys, MrBanker is here. SP500 had been in a long uptrend starting from June 2020. During this period, the trend was succesfully tested 7 times. However, that trend has changed after exactly 19 Months. - This was the first sign of weakness in the trend. Additionally, the price-action broke below 200D EMA since FEB 2020. - This is the second sign of weakness . Currently, there is a trading war between bears and bulls, therefore, 200D EMA is tested again to validate a bullish or bearish trend. I cannot judge the direction of the trend based on this analysis but there is an obvious bearish sentiment in the markets. Trade Safe, MrBanker
TVC:SPXShort
by Mr_Banker
Update with full count TSLAElliott Wave Theory , which is a technical analysis approach used to analyze and forecast financial market trends. The text seems to be describing the potential Elliott Wave pattern of Tesla's stock price movement. AT the low of $101.86 Tesla has formed its bottom, which is higher degree wave II . This means that at a price level of 101.86, Tesla's stock reached what is considered a significant low point. This low point is identified as a higher-degree "wave II." In Elliott Wave Theory , higher-degree waves are larger in scale and represent broader market trends. Thereafter it formed higher high and higher lows and formed miner degree waves 1, 2, 3, and it is under miner degree 4 as of now and 4th wave seems to be under completion. After the higher-degree wave II, Tesla's stock price started to form a series of smaller movements: higher highs and higher lows. These smaller movements are referred to as "minor degree waves." Tesla has completed minor degree waves 1, 2, and 3, and is currently in the process of completing minor degree wave 4. This indicates a series of price movements within the broader trend. We expect the higher degree (1) will complete near the minor degree 5th wave target of $335. Once minor degree wave 4 is completed, the stock's price will likely move upward, forming a higher-degree wave (1). This higher-degree wave (1) is expected to reach a target price of $335. In other words, the stock's price is predicted to rise in a significant movement. After completing wave (1), it will move for wave (2) with a target price of $191. Once the higher-degree wave (1) is completed, there will likely be a corrective movement in the form of higher-degree wave (2). This corrective wave (2) is projected to have a target price of $191, indicating a temporary decrease in the stock's price after the expected rise of wave (1). Disclaimer: Financial markets are subject to significant volatility, uncertainty, and various external factors that can impact price movements. Any investment decisions made based on the information in the chart are at your own risk. Before making any financial decisions, it is strongly recommended that you conduct thorough research, seek advice from qualified financial professionals, and consider a range of reliable sources. The use of technical analysis tools such as Elliott Wave Theory involves a degree of subjectivity and interpretation, and past performance is not indicative of future results. All investments carry inherent risks, and there are no guarantees of specific outcomes or returns.
NASDAQ:TSLALong
by imkhushal
Tesla (TSLA) | Approaching a Strong Support Level!Hi, The well-known Tesla (TSLA) Just in case I have to "reveal" my next buying zone in time because the pullback has started and it can be quite aggressive. Preparing is the key, and let's prepare then ;) The last idea TP levels reached perfectly, ~$300... To the point, my eyes are pointed around $180 to $215 and the criteria are: 1. The trendline - the trendline has been drawn from the closing prices to remove the noise from the candlestick chart. If you use a candlestick chart then the closing prices are the right way to go if you want to remove the extra noise that wicks can make. Atm this major downward trendline has been broken during June and if the price starts to reach back there to retest it then it acts as a support level, as a buying opportunity for you! 2. Strong horizontal price zone - the middle gray area has been worked as a support and resistance level multiple times. Basically, if the price reaches there then investors "feel" it and something always happens. Hopefully, this time is not an exception and we can see quite a solid reversal from there. 3. The round number $200 - it is solid confirmation to the horizontal area if it matches with the round number and currently there is $200 waiting for us inside the marked area. 4. Minor trendline - the blue trendline, currently drawn from body to body, the third touch should add a bit of strength to the optimal buying zone. 5. EMA party - Moving averages on every timeframe which all should add strength: Weekly 50 and 200 are inside or close to the shown box, and Monthly 50EMA is inside the optimal zone to support the price. 6. Fibonacci retracement 62% , golden ratios, are inside or slightly under the buying zone. 7. The structure - it is mid-term bullish because we have there also a mid-term new higher high (HH) and probably this area around $200 can be a possible new mid-term higher low (HL) * Considering technical analysis then the optimal buying zone should stay between $180 to $215 * First short-term targets updating on the chat room. Good luck!
NASDAQ:TSLALong
by VaidoVeek
Tesla Cybertruck: A Game-Changing Pickup That Will RevolutionizeAs traders, we are always on the lookout for groundbreaking innovations that have the potential to captivate markets and change the game. Well, my friends, the Cybertruck is precisely that—a game-changer. With its futuristic design, unmatched performance, and remarkable capabilities, this pickup truck is set to revolutionize how we perceive electric vehicles in the truck segment. You might be wondering, "Will pickup fans actually buy the Tesla Cybertruck?" The answer is a resounding YES! Here's why: 1. Unparalleled Power: The Cybertruck boasts an astonishing towing capacity of up to 14,000 pounds, making it a force to be reckoned with. This electric beast can handle it all, whether hauling heavy equipment or towing a trailer. 2. Impressive Range: Tesla's cutting-edge battery technology ensures the Cybertruck can travel up to 500 miles on a single charge. Say goodbye to range anxiety and hello to endless adventures! 3. Unbreakable Exoskeleton: Built with ultra-hard 30X cold-rolled stainless steel, the Cybertruck is designed to withstand the most challenging conditions. Its exoskeleton offers unparalleled durability, making it a true workhorse that can tackle any challenge head-on. 4. Mind-Blowing Performance: Accelerating from 0 to 60 mph in under 2.9 seconds, the Cybertruck will leave even the fastest sports cars in its dust. This pickup is not just about power; it's also about delivering an exhilarating driving experience. Here comes the exciting part: I urge you to consider buying more Tesla stock and seize this golden opportunity! With the Cybertruck's imminent release, we can expect a surge in demand and an unprecedented shift towards sustainable transportation. By investing in Tesla, we support a company that is shaping the future and position ourselves at the forefront of a transportation revolution. Let's join forces and make a bold move together! As traders, we have the power to influence markets and drive change. Don't miss out on this chance to be part of something groundbreaking. To learn more about the Tesla Cybertruck and explore the remarkable range of products offered by Tesla, visit their official website or reach out to your dedicated Tesla representative. Embrace the future; embrace the Cybertruck! Thank you for your time, and let's embark on this electrifying journey together!
NASDAQ:TSLALong
by bryandowningqln
TSLA - MyMI Option Plays - CALLsAfter finding support for the $242.76 Price Level which was support before TSLAs most recent run back to $299. Looking for this to at least retest the 50% Retracement Level that was formed from the June 28 to July 1st original breakout. The 50% played support for a majority of the end of July before TSLA broke Aug 1. I look to retest that 50% retracement and from there would expect continued downward pressure unless more financial/economic momentum can push it out of the Downward Channel that TSLA confirmed back on Aug 24th which also falls around the $265 Price Levels. We purchased TSLA $265 09/15/2023 CALLS this morning for around $246. We purchased it prematurely as TSLA hit session lows of $242.76 missing the opportunity to purchase these options at a higher discount.
NASDAQ:TSLALong
by MyMIWallet
Amazon - Greed, Just Like Speed, KillsFirst, I understand that Amazon had an excellent earnings report, whether analyst estimates were gamed to the downside and it was easy to beat notwithstanding. What you have to be really careful of right now is the excess greed that abounds in the markets. Greed is the thing that kills accounts the fastest, and when you blow your account, there won't be any use for TradingView anymore, and nobody will be able to have fun until you can save up to reload. I am not saying any kind of bearish commentary on Amazon, although you should have reservations on this company because a lot of its business model is just to serve as an export faucet for stuff made in the Chinese Communist Party's land. And you have to be careful with anyone whose business is tightly knit to communist China, because the International Rules Based Order is chattering disaster about "de-risking" from China. Because the narrative about "Taiwan Invasion" really means that the CCP is close to falling and everyone is thinking about how to take control of that country. But to take control of China, you need someone Chinese, which means you need a handpicked appointment from the Republic of China who will serve the globalists. All this, and the 24th year of persecution against Falun Dafa by the CCP's Jiang Zemin faction just completed on July 20. In 1999, Jiang began a full genocide and organ harvesting campaign against 100 million spiritual believers, and it's persisted to this day despite Xi Jinping never participating. In fact, Xi's Anti-corruption Campaign has been hitting the corrupt officials involved in the persecution ever since he took power in 2012. Consider that the next time you see the media going off about what a Mao Zedong Xi Jinping is. Amazon's monthly provides some clarity. The most notable thing is that the 2021-2022 distribution bars during the rest of the market's bull run indicates a proper and clear topping pattern. And despite that, price never took out the most critical of lows, the COVID pivot at $81.30. Instead, it spared it by 13 cents. Because numerology. What it means is that long term, $80 becomes a target. What's notable about price action before today's earnings report pump is that Amazon maintained the July low, albeit barely. And this creates three weekly lows of equal "support." Which also becomes a target. Bear in mind, with Nonfarm Payrolls also being tomorrow morning, you may get yourself a trade setup that looks something like what happened to AMD on Wednesday: AMD - Greed Doth Bad Habits Breed When its ER came in hot in premarket and at open, and turned into a huge sell off and red day: So the point with this call is to say that the August '22 $146 pivot may really hold. And if it doesn't hold, it might just get raided. Which makes buying the top tomorrow morning something that isn't a particularly intelligent thing to do. Worse, it means that buying the dip may be trading in the wrong direction, while selling the dump's retrace might actually be an optimal short entry. Just keep in mind that we may have as much as another 2-3% of downside left in the SPX before we retrade towards/take out the tops: SPX - The Sound of a Shattering Iceberg If the markets really get blown to pieces heading into the end of Q3 in accordance with the JP Morgan collar, stuff like Amazon is going to head to a 5-handle by next year. SPX/ES - An Analysis Of The 'JPM Collar' You'll know the truth, in my opinion, when Amazon breaks the $125 flat bottoms, price won't come back, just like what happened with Netflix: Netflix - I Hope You Like Catching Knives What I really want to tell you all is that life still seems stable, it seems like all there is to worry about is making money and entertainment. But our world may very well change overnight, with no warning at all. And what we've all done while the cards were still face down will be what determines who wins the pot and who loses their stack.
NASDAQ:AMZN
by LordWrymouth
Tesla's Capitulation Bottom and the Significance of VolumeTesla, the renowned electric vehicle manufacturer, has experienced various phases in its market cycles, including a significant capitulation bottom. By examining the chart, it becomes apparent that volume played a crucial role in identifying key turning points and understanding market dynamics. I'd like to explore Tesla's capitulation bottom, the importance of volume, and its implications during the mark-up phase of a market cycle. Capitulation Bottom and Volume Analysis During Tesla's consolidation period from February to April 2023, the orange volume moving average line shows consistently above-average volume, even as the average volume increased. This observation indicates heightened market participation and interest. The consolidation phase witnessed a slight decline in volume as buyer and seller activity subsided temporarily. However, this period of consolidation created confidence to market participants, suggesting that there were insufficient sellers to drive Tesla's price back to the January 2023 lows near $101. Consequently, bullish investors stepped in, initially with low volume, but with increasing volume over subsequent weeks. Climax Volume and Recent Concerns In the beginning of June, Tesla experienced a second price mark-up phase characterized by a climax in volume. However, the most concerning factor is the lack of volume observed last week. While it's important to note that it was a short trading week, it remains the lowest volume seen since December 2022. The lowest all year. Even the Christmas week in 2022 witnessed higher volume. Last week was associated with a breakout to add to injury. Last week, Tesla achieved fresh highs for 2023, and a price target of $300-$305 is anticipated in the upcoming week or shortly thereafter. However, if volume fails to increase in the following week, it could signal potential instability, necessitating a thorough assessment of positions. Understanding Volume in a Mark-Up Phase In market cycles, volume serves as a critical indicator during the mark-up phase. During this period, when prices rise steadily, increasing volume signifies growing market participation and confirms the strength of the bullish trend. Robust volume suggests conviction among buyers and sellers, validating the upward momentum. However, a decline in volume, particularly after a climax or surge, can raise concerns as it may indicate diminishing participation or waning bullish sentiment. It is important to remain vigilant during such periods and conduct risk checks to protect positions. Educational Insights Volume analysis is a vital component of technical analysis, enabling investors to understand market sentiment and validate price movements. In a mark-up phase, increasing volume demonstrates conviction, signaling the sustainability of the upward trend. Conversely, declining volume after a surge or climax may warrant caution and risk assessment . Traders and investors should consider volume alongside other technical indicators to gain a comprehensive understanding of market dynamics and make informed decisions. Tesla's journey has seen significant turning points, including a capitulation bottom, which can be identified by analyzing volume patterns. The consolidation period and subsequent mark-up phase provided insights into market participation and sentiment. Volume serves as a valuable tool to confirm trends and assess the strength of a market cycle. However, recent concerns arise from the lack of volume in the past week, warranting cautious monitoring and risk evaluation. By incorporating volume analysis into investment strategies and understanding its significance, traders and investors can enhance their decision-making processes and navigate Tesla's dynamic market with greater confidence.
NASDAQ:TSLAShort
by bitdoctor
4
TSLATitle: Bullish Momentum on Tesla Shares Backed by Smart Money Analysis Description: In this Trading View idea, we delve into the analysis of Tesla shares and their recent price movement, utilizing the Smart Money concept to provide insights into the bullish momentum observed in the market. Smart Money Concept: The Smart Money concept involves analyzing the activities of institutional investors, hedge funds, and other large players in the market. These entities often have access to more comprehensive information and resources than individual retail traders, making their actions and positions crucial indicators of market sentiment. Bullish Signals: Our analysis reveals several compelling bullish signals for Tesla shares: Considerations: While the Smart Money concept and other indicators suggest a bullish stance, it's important to remain vigilant and consider potential risks. Conclusion: Incorporating Smart Money analysis into our assessment of Tesla shares reveals a compelling case for a bullish outlook. However, traders should exercise caution, conduct their own research, and manage risk effectively before making investment decisions. As always, market conditions can change rapidly, and it's essential to stay informed and adaptable.
NASDAQ:TSLALong
by Asif_Brain_Waves
TESLA - Evidence of a Correction and BUY AREAS to look atHello guys! This idea is shown on the 1 Week Timeframe. This weeks candle HAS NOT YET CLOSED. We have currently interacted and have been REJECTED by a powerful RESISTANCE line (in BLACK). If we look back into the HISTORY of TESLA interacting with this line, we can see that: 1. Nov. 1st 2021, it pushed price down for about a 23% correction, which took about 49 days to complete 2. On Jan 3rd, 2022, after another attempt to test -> it pushed price down for an almost 42% price drop, which also took about 50 days. 3. On April 4th, 2022, for the 3rd time we tested this line causing a price drop of about 45%, taking about 49 days. This one however would ignite the price drop to 100$ TESLA. My targets for this correction are associated with the FIB RATIO Note currently: Our current weekly candle is below the 0.786 level of $258.42. If we close below and CONFIRM in the next couple weeks, it strengthens the idea that we go down further. We would need to STAY ABOVE this level for us to see another attempt to test BLACK LINE. From the BLACK LINE and the price level we hit of around $298, we have to date dropped roughly 16%. We also have some SUPPORT at $240. Our next targets are: 1. 0.618 level, which is at $225 (Which is about a 15% drop, from current TOP) 2. 0.5 level at $201 (Which is about a 3% drop from current TOP) So basically my POTENTIAL BUY ZONE would be a range between $225 - 200. NOTE ALSO: the 1W 200 MA, moving up fast to converge at the 0.5 FIB level. This would be a critical SUPPORT zone. Though the current price action DOES NOT have to follow this at all, other clues are seen that makes me think we are now in a similar corrective mode. Particularly in the indicators i have shown. Firstly, RSI -> Here notice looking back in history every time ORANGE RSI line moves below the BLACK MA and into the RED RECTANGLE ZONE, it coincides with a PRICE CORRECTION. CURRENTLY -> We have peaked our head below but have not yet CONFIRMED. Need to keep an eye. Next is STOCH RSI -> this shows momentum, crossing above 20 level is BULLISH, BUT crossing BELOW the 80 level is indication that BEARISH momentum is coming in, With the BLUE LINE crossing below the ORANGE. Notice though, the ORANGE line has not caught up with BLUE yet. So if this is seen, Days end Friday means we have further downside. Lastly, is the MACD which is also a momentum indicator. Here notice how the GREEN histograms are getting smaller and lighter. This is an indication of decreasing BULLISH momentum, with the present of the flattening BLUE line. If it continues to get smaller and lighter, and in a couple of weeks we see RED with a CROSS of the BLUE line go under ORANGE, this is BEARISH. CONCLUSION: In my opinion, we are currently in the beginning stages of a CORRECTIVE move in TESLA. If confirmations occur where price is below the 0.786 FIB level, and within the indicators we may have further downward action. It is then important to continously monitor this and in the coming weeks it will become clearer. Thank you! For updates on TESLA and on other ideas in the market, FOLLOW me! If you liked this content, please do boost, follow and comment! DISCLAIMER: This is by no means financial advice, i am NOT a financial advisor. The content here is my opinion and for TA educational purposes. When trading do work out your own strategies and focus on risk management.
NASDAQ:TSLAShort
by SafofAllTrades
Nasdaq - Buy targets before continuation.I am eagerly anticipating Nasdaq to hit these targets. Once at least one of the two targets is achieved, I'll consider buying more stocks. If the second target also proves correct, I'll be even more inclined to invest further. After these targets have been hitted I expect a move towards ATH and beyond. It could take some months for these targets to play out depending if both of them will get hitted or not. I would say 3-6 months is reasonable. Good luck out there.
NASDAQ:NDXShort
by WealthNode