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Tesla

TESLA Its biggest do or die moment is now.Tesla / TSLA is on a non-stop rise since the October 31st bottom. Today it crossed over the 1day MA50. The biggest obstacle lies on the Falling Resistance itself which rejected the price the last two times. The Resistance becomes even stronger as it is exactly on the 0.786 Fibonacci level, which was the rejection point on September 15th of the previous rise sequence. As you realize, a crossing over this double Resistance cluster will be a long term buy signal. The 1day RSI has already crossed over its Falling Resistance, potentially giving an early warning. Buy either if the price closes a 1day candle over the 0.786 Fibonacci level or if rejected, after a 1day MA50 pull back. If it breaks over the 0.786 Fibonacci then, keep the buy and target 299.00 (Resistance A). If it closes under the 1day MA50, dump it. Follow us, like the idea and leave a comment below!!
NASDAQ:TSLALong
by TheCryptagon
1
Tesla entered the Golden ZoneTesla is ready for another leg up: - NASDAQ:TSLA Technical Reasons: Tesla has entered the golden zone - between the 0.5 and 0.18 Fib retracement Money Flow Divergence on the daily Commodity channel index divergence on the weekly Stochastic Momentum switch on the daily Already +- 5% off the lows which shows buyer are stepping in RSI is exiting oversold territory Fundamental Reasons: Tesla had a +- 35% correction after missing expectations - This has now been priced in Tesla Cyber Truck rollout commencing this quarter Growing EV penetration vs Ice vehicles Growing demand and margins in the energy storage side of the business Continued expansion of production capacity (Mexico factory has the go-ahead Continued investment and breakthroughs in real-world AI Overall robust financial performance and cashflows Obviously the potential for infinite returns due to Tesla's Optimum humanoid robot** Trade setup Pending a confirmed breakout Entry between $204 to $209 Take Profit 1 - $230 - which will start filling the gap Take Profit 2 - $242 - which will complete the gap fill Take Profit 3 - $267 - previous swing high Once TP1 hits - move stop-loss to break even for a risk free trade Good Luck
NASDAQ:TSLALong
by TraderMagz
TESLA Strong bullish break out.Tesla crossed today over the Falling Resistance of the Bearish Megaphone. This is a strong bullish break out for the short term, especially as long as the MA50 (1h) holds. The Bearish Megaphone may transition to a Channel Up, so this is a buy opportunity. Trading Plan: 1. Buy on the current market price. Targets: 1. 240 (+16.77% rise like the first bullish leg of this potential Channel Up pattern). Tips: 1. The MACD (1h) formed a Bullish Cross, like October 31st. A technical bullish signal. Please like, follow and comment!! Notes: Past trading plan:
NASDAQ:TSLALong
by TradingBrokersView
Tesla Inc. (NASDAQ:TSLA) Concerned Over Its FutureAfter plunging in 2022, Tesla (NASDAQ:TSLA) stock gained more than 70% year-to-date. The rally can be attributed to better-than-expected fourth-quarter results, efforts to boost production, and improved sentiment for growth stocks. However, based on technical indicators, TSLA is a Sell near its current levels.. Tesla stock’s 50-Day EMA (exponential moving average) is 185.75, while its price is $185, making it a Sell. Further, TSLA’s shorter duration EMA (20-day) also signals a bearish trend. The company’s move to slash prices for its vehicles in order to spur demand is expected to impact its profit margins in the upcoming first quarter. Moreover, excess production over deliveries and increased competition raise concerns over its future stock price movement to some extent. Overall, Wall Street is cautiously optimistic about Tesla, with a Moderate Buy consensus rating based on 19 Buys, 10 Holds, and three Sells. The average TSLA stock price target of $219.57 suggests nearly 19% upside potential.
NASDAQ:TSLA
by DEXWireNews
1
TESLA: Should HSBC's $146 target price scare the market?On first impression it is obvious that this reduced rating of Tesla shares by HSBC, did scare the market as the price is falling more than -6% intra day. The 1D technical outlook is now bearish (RSI = 37.472, MACD = -7.750, ADX = 34.942) with the price dropping below the 1D MA200, despite having it hold the last 4 sessions. Perhaps the most dangerous development is the rejection of the RSI on the LH trendline of June. That is also evident on the 4H timeframe, the same LH trendline is present and just rejected the RSI. On the bright side though, the 4H timeframe shows that the current pattern is an Inverse Head and Shoulders similar to the bottom patterns of August, April and January. All those patterns former the RS (Right Shoulder) under the 4H MA50 but over, even slightly, the 0.5 Fibonacci level. Now the price is slightly under it. If it closes there, consider it a bearish sign for the short term. On the long term, the key is where the 1W candle will close. With the 1W MA50 and MA200 on top of each other, the last two weekly candles closed over them, which hints towards a bottom formation. If the week closes again above them, consider it a bullish sign. If below, then HSBC's target may soon become a reality as selling order will pile up. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:TSLA
by InvestingScope
2
TSLA !! MASSIVE HEAD AND SHOULDERS TSLA might be forming a massive head and shoulders pattern on the 4hr chart. If price can maintain current levels we could see a quick push to all time highs. Just need to break the neckline for an explosive move! Elon announced exciting news about their Lithium factory as a "cash printing machine for 2024" . News like this could help spark a rally in the ticker As we don't know if/when this will take off, I am thinking about getting some 1.5 leveraged TSLL, and also grabbing some TSLY at these low levels.
NASDAQ:TSLALong
by jgoody4x
29
Tesla - Remember, The Ponzi Always ContinuesSo, you've realized that Teslas aren't particularly great cars, EVs becoming a worldwide trend is a hoax, and that Elon Musk isn't any kind of very saintly very MAGA saviour of humanity during the end times. And now that price is down a lot, we want to victory lap and short, because the public relations firms that are running the campaign needed to produce liquidity for banks and big money funds to buy told you to. The problem with the short Tesla thesis right now is that Musk pledged a significant volume of his shares as collateral to get big money to finance his acquisition of Tweeter, (now known as Xeeeeeeeeeeeeeeeeeter), which by some accounts is worth some painful $15 billion compared to the $45 billion he (they) paid for it. And so what this means is that there's been significant incentive to sell in the $250 range and buy back lower as a form of risk hedging, with the ultimate purpose of selling higher. All for the sake of just making all the money without losing any of the money when Xeeeeeeter inevitably goes public in the future because Musk made it the manifest Western form of the Chinese Communist Party's social credit apparatus, WeChat, because Shanghai Gigafactory bro just loves the way the Party does things. But the risk for bulls, and the economic system alike, is that "the best laid plans of mice and men oft go awry," which is to say that when it comes to gambling on Xi Jinping and his Chinese Communist Party, a fool is a fool. One should oppose the CCP because it's responsible for the 24-year persecution against Falun Dafa's 100 million practitioners, and the campaign of live organ harvesting genocide that came with it. Although that campaign was launched, and continued, at the hands of former Chairman Jiang Zemin, and Jiang is dead now, Xi is still the head of the Party, and the first thing you do when slaying a red dragon is sever its head. Actually, the first thing you do when slaying a red dragon is sever its tail. Former Premier Li Keqiang, who was Xi's right hand man for a lot of years, recently died "of a heart attack," which is likely code for "was knocked down by Wuhan Pneumonia." If the pandemic in Mainland China is killing the Xi Faction, the world has big time problems. And it seems to me the recent conflict in Israel and the war that's being launched into Syria and Iran is probably to create a gateway to Mainland China, since Iran connects to Pakistan and Afghanistan, which are already U.S. controlled. Everyone wants control of China and its 5,000 year history when the CCP finally falls. So back to Tesla. The logic is fairly simple. Because 2023 started uppy, we expect 2023 to finish uppy. We do not expect things that start the beginning of the year on a moon mission to correct into the end of the year, because generally speaking the scam isn't played like that. Which means that all dips are a dip to buy, and especially when we're finally printing prices under "$200," it's a dip to buy. But the MMs are the most annoying of the most annoying people and like to run things to lows that are less comfortable. Shipping under $180 from $197 is a further loss of another 10%+, which means options expire worthless/devalue effectively, and everyone is a winner, winner, chicken dinner, except for you, who gets to finance happy hour, strippers, and cocaine at 1:31 p.m. on Halloween Tuesday. Either way, it's worth expecting the May pivot to hold as a low, a higher low to form, and then we really do see the $320 parade into the end of 2023. Ho, ho, ho, Happy Santa Rally. Remember, the Ponzi always continues. By the time the ponzi stops continuing, all the bears will have long since been liquidated. The disaster sequence is when they take down bulltards who buy the dip, buy the dip, and buy the dip as it races towards zero. And Tesla doesn't have that MULN-style landslide apocalypse pattern. That only happens when big bags are empty and nobody ever buys something again. So all the price action is just shareholder printer selling. Yet.
NASDAQ:TSLALong
by LordWrymouth
1
TESLA Can it reach $345 in January based on this Channel Up?Tesla (TSLA) has been trading within a Channel Up pattern ever since the January 03 2023 market bottom. Since last week, it is staging a rebound sequence as it hit and held (closed 1W candle above it) the 1W MA50 (blue trend-line) which happens to be on top of the 1W MA200 (orange trend-line). Technically that is the bullish leg towards a new Higher High. However, the last Higher High of the Channel Up was rejected on the Lower Highs trend-line that remains in effect since the November 01 2021 All Time High (ATH), which is essentially the major Resistance of the 2022 Bear Cycle. If it breaks above it, we can expect a Higher High bullish sequence towards $345 at least, since it would represent a +75% rise from last week's bottom (Higher Low), assuming the Higher Highs are on a -$20 decline rate. Notice also the fair flipped symmetry of the 1W RSI after the January 2023 bottom and the price action before it. If it holds the Support as it held it during the Bear Cycle, we can even see $400 early in Q3 2024. ------------------------------------------------------------------------------- ** 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:TSLALong
by TradingShot
TESLA Inverse Head and Shoulders starting a rally?Tesla (TSLA) has been trading within a Falling Wedge pattern of Lower Highs (Resistance) and Lower Lows (Support). The 4H MACD formed a Bullish Cross 2 days ago and last time we saw such a bullish formation this low, was on August 21. That was straight after the first Low of the Falling Wedge, which initiated the bullish sequence that formed the Lower High of September 15 marginally below the 0.786 Fibonacci retracement level. The August Falling Wedge Low was, on a shorter term framework, the Head of an Inverse Head and Shoulders (IH&S) pattern. Technically this is a bullish reversal pattern seen on market bottoms and as we saw it didn't fail to deliver a rebound. Typically their targets are the 2.0 Fibonacci extension only that time the rise exceeded it. We see the same kind of IH&S emerging on the current bottom of the Wedge and now is forming its Right Shoulder. This time, the 2.0 Fib ext of the IH&S is marginally below the 0.786 Fib retracement level from the Wedge's last Lower High. As a result, we will target $250, which meets all the criteria for a new Lower High of the Falling Wedge. ------------------------------------------------------------------------------- ** 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:TSLALong
by TradingShot
1
TESLA Should the battery production drop scare you?Tesla dropped more than -5% intraday as Panasonic, a crucial supplier, revealed a reduction in automotive battery production during the September quarter. The announcement comes amidst growing concerns over a worldwide deceleration in EV sales. The fundamentals are obviously the opposite of ideal but the stock finds itself in a peculiar technical position that contradicts this fear across the market. The technical outlook on the 1D timeframe is oversold (RSI = 25.208, MACD = -13.090, ADX = 45.344) while the price came only $4 away from the bottom of the Channel Down pattern. The oversold 1D RSI makes these low levels an even stronger buy opportunity as the other two times it reaches such low levels this year, it rebounded immediately. Consequently, we believe that the negative fundamentals are already priced in on October's fall and the Channel bottom buy opportunity is too good to ignore. Buy and target the 0.786 Fibonacci level (TP = 250.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:TSLALong
by InvestingScope
SP500 - Support and Resistance ZonesI have mentioned these two circled levels earlier and we have now reached the second target (Purple Circle). This is a perfect bounce area for SP500 and may be the bottom of this bear trend we have been in the last months. We might go down and test the support below but I dont think so. In my chart I posted earlier I mentioned that I thought we would consolidate around the yellow mark before testing ATH. That idea was false and we broke down to this purple area instead. The market is at extreme fear levels and the media very negative. I believe we will end the year quite positive and start the new uptrend towards ATH around these levels. Take care.
SP:SPXLong
by WealthNode