Tesla Analysis: Stuck in the Zone – Waiting on a Breakout ??Morning Trading Family
Here is our Tesla Update
We’re still holding within the range, waiting for a move. Keep your alerts set for a breakout above $224.20 or below $213. Not much action yet, but Wednesday’s data could be a game-changer. That last Tesla rocket was wild—let’s see if we get another one!
Trade What You See
Mindbloome Trading
Tesla
Bitcoin Buy Opportunity After Strong Confirmation Signal!We are watching for an excellent buy opportunity on Bitcoin! If the daily candle closes above the green rectangle, this will be a clear signal to enter a buy trade. The stop loss will be placed below the red rectangle, with take profit set at the blue rectangle.
Stay tuned for more updates, and if you need a personalized analysis on any financial asset, feel free to contact me in private!
TSLA Tesla Options Ahead of EarningsIf you haven`t bought the dip on TSLA:
Now analyzing the options chain and the chart patterns of TSLA Tesla prior to the earnings report this week,
I would consider purchasing the 210usd strike price Puts with
an expiration date of 2025-9-19,
for a premium of approximately $32.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Overall, I’m bullish on TSLA in the long run, so this might just be a short-term play.
TESLA Sellers In Panic! BUY!
My dear friends,
Please, find my technical outlook for TESLA below:
The instrument tests an important psychological level 220.72
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 232.78
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
$TSLA - BEAR FLAG $174 PT, Medium Term PT $138 at Double BottomBear Flag is setting up nicely like the previously bear flag. Length of Pole - Measured downside move to a price objective of $174. There is also a major gap that hasn't been filled. The stock will eventually fill the gap with a support at a double bottom of $138. Overall, Tesla is more bearish and than bullish. Short on further downside. Fundamentally, it is trading at an egregiously overvalued Forward PEG of 6.53 and a forward PE of 81 while growth is expected to be stagnant YOY with no concrete evidence of renewed growth for the next year. Even if you assume the company gets back to 50% growth next year, its current valuation on forward PEG and PE would still be overvalued and would need time to grow into its valuation.
$TSLA DOIN THE ROBOT DANCE TO $270-$300 PARABOLICThe target patterns are right on the chart. Invest smart, invest hard. Buy the dip thst just happened. You want to make sure you'll be in trade in these next few rallies.
Stock Wrangler out.
Like, comment, subscribe. I love to answer people's questions!
Tesla 4-Hour Chart: Path to $191 or $261?Alright, trading fam, grab your boards—Tesla’s (TSLA) chart just served up a crucial break below $213.78, and things are starting to get spicy. Think of that level like a solid wave that held you steady for a bit—until it dumped you off the board. Now that the market’s broken out of the channel, we’re eyeing $191.20 as the next potential landing spot. This could be where the bulls regroup and paddle back in for another try, but if they miss the chance, the market might pull us further under.
Now, here’s the exciting part: it’s not over for the bulls. If Tesla regains its footing and pushes above $223.70, that’s our green light to ride toward $261–264. This area is prime territory for locking in some early profits—it’s like the perfect wave where some surfers might hop off and call it a day. But if the bulls stay committed, they could break through that resistance and catch even bigger waves ahead.
So what’s the plan? Below $213.78, we stay cool and watch for $191—it could be a solid zone to hop back on. But if we reclaim $223.70, we ride that momentum to $261 for a sweet first profit. No need to rush or panic—just like surfing, it’s all about waiting for the right set and not forcing things.
If this breakdown gave you good vibes, boost it with a like or follow—let’s keep riding the markets together, one wave at a time.
Mindbloome Trader
Tesla (TSLA): Stuck in a Range after Robo Taxi rumors fizzledAfter being stopped out on our second entry in Tesla, it's time to take another look, although it has been quite uneventful since the big rise on the Robo Taxi rumors back in July. It was a classic “buy the rumor, sell the news” event, showcasing how markets tend to price in events well ahead of their occurrence. Musk's statement that Cybercab production could begin "before 2027" is also seen as highly questionable, given his history of missed deadlines.
Tesla recently got approval from local authorities near its gigafactory in Berlin to move forward with its three-stage expansion plan. Despite protests from locals, this approval allows the company to start building infrastructure for storage facilities, a battery cell test lab, and logistics areas. All of this will take place on land already owned by Tesla. Whether this expansion will be beneficial or problematic for the company remains to be seen in the coming months.
Currently, we still have our limit order from $177 running, and things are looking alright. To better illustrate the situation, we added a fresh chart of Tesla’s range, which clearly shows the situation. After reclaiming the range middle in July, Tesla briefly dipped below but rebounded perfectly from $183, a critical POC (Point of Control). Since July, Tesla hasn’t made any new higher highs, nor has it made lower lows, placing the stock in a tight range. If Tesla loses the range middle, we could see a drop to $183 or even $160. On the upside, breaking above the range high would be essential for further momentum.
It's crucial to focus on higher time frame levels and avoid getting caught up in short-term news or noise. We’ll continue to monitor Tesla’s key levels and update you if any significant movement occurs. 🤝
Tesla - False Bullish Breakout!Tesla ( NASDAQ:TSLA ) is almost back below resistance:
Click chart above to see the detailed analysis👆🏻
Last month, Tesla finally managed to close above the resistance trendline of the long term descending triangle continuation pattern. However over the past couple of days, Tesla stock then tumbled and is now trading below the trendline, potentially creating a false breakout.
Levels to watch: $160, $220
Keep your long term vision,
Philip (BasicTrading)
TESLA – Slippery Slope to 208 or a Drop All the Way to 191?Alright, traders, here’s the lowdown on Tesla (TSLA). Things are looking a bit dicey as the price slips through key zones. If the bulls don’t step in soon, we could see TSLA sliding down to the 208-207 range (black box). But if that level doesn't hold, we’re in for a deeper pull toward the 191-188 zone (orange box).
Key Levels to Watch:
Current Price: 218
First Support: 208-207 (black box) – Bulls need to show up here, or it’s more downside.
Deeper Target: 191-188 (orange box) – If sellers keep control, this could be the next landing zone.
The sellers seem to have the upper hand for now, but a bounce from 208 could shift things in the bulls' favor. Keep an eye on lower time frames to catch any early signs of a reversal.
If this analysis helped you, drop your thoughts in the comments—do we hold 208, or are we heading for 191? Follow, share, and spread the word if you found this valuable. Stay tuned for more updates.
Mindbloome Trader
Tesla at a Crossroads: Breakout to $271 or Breakdown to $191Good morning, Trading Family!
Tesla’s price is idling in neutral, stuck between a potential breakout to $271 or a breakdown to $191. It’s like watching Elon flip a coin—will it blast off like a SpaceX rocket, or will the bears run out of juice and send it rolling downhill?
This kind of consolidation feels like the calm before the storm. Traders, keep your seatbelts fastened—whether it’s full throttle to the upside or a hard brake toward lower levels, this chart promises some action ahead.
Stay patient and focused. Trade what you see, not what you hope for.
– Mindbloome Trader
Tesla at a Crossroads: Will It Bounce to $275 or Slide to $202?Tesla’s at a make-or-break moment—are we looking at a nice correction back up to $275, or is it about to drop through the floor to $213, $208, and maybe even $202? If that $208 level doesn’t hold, we’ve got a strong 50% Fibonacci support around $203-$202—but whether it’ll catch Tesla or not is anyone’s guess.
Let’s dive into the key levels to watch and figure out if Tesla’s going to rebound or if we’re in for a deeper slide.
If you found this useful, give it a like, share your thoughts in the comments, and hit follow for more updates. Your support means a lot—after all, I need something to hold me up when Tesla can’t hold $208!
Mindbloome Trader
The more time passes the more confident i amThe more time moves (i tried to catch the knife when i witnessed the reaction at 217)
i become increasingly more confident on an upmove (at least a gap close).
I wanted to make note that there's a baby head and shoulders bottom in this fractal change and we have bullish divs on RSI.
so it makes increasingly higher probability we will make a full rotation play to value high level (at about 250 usd) and fill the gap.
and i can make a lower timeframe trendline.
infinite money glitch here we GO
check my other posts on TSLA to enjoy my TA and the main idea for higher timeframes!
#Tesla Analysis : +20% so far, What's Next ? (READ THE CAPTION)By analyzing the #Tesla stock chart on the weekly (logarithmic) timeframe, we can see that, as expected in the previous analysis, Tesla stock faced selling pressure after reaching the supply zone of $233 to $271. This selling pressure intensified this week, causing the price to drop by about 20%, reaching $214. Currently, Tesla stock is trading around $220. We will likely see a slight upward move followed by further declines in the stock.
The Main Analysis :
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
TESLA (TSLA) Plummets: Short Trade Hits Key TargetsTesla has shown a strong downward movement, breaking below key support levels. The entry point was established at 247.34, and since then, the price has declined rapidly, confirming the bearish momentum.
Key Levels
Entry: 247.34 – This level marked the beginning of the short trade as Tesla broke down below the Risological dotted trendline.
Stop-Loss (SL): 253.24 – Positioned slightly above the resistance formed by the recent highs, this level provides sufficient protection in case of a reversal.
Take Profit 1 (TP1): 240.03 – Already achieved, confirming the initial bearish move.
Take Profit 2 (TP2): 228.22 – The next level of profit where further downside pressure see sellers locking in profits.
Take Profit 3 (TP3): 216.40 – Tesla has reached this point, reflecting strong bearish momentum, possibly heading towards the final target.
Take Profit 4 (TP4): 209.10 – This is the final support level where the trade could conclude, given the sustained bearish sentiment.
Trend Analysis
Tesla has broken below both the Risological Dotted trendline (red line), indicating a solid downtrend.
The steep sell-off suggests the stock may continue its downward trajectory unless there is a strong reversal or news event that shifts market sentiment.
The bearish momentum is well in play for Tesla, and with TP3 already hit, the stock is moving towards the final profit target at 209.10
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 217.76 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 - 234.79
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
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WISH YOU ALL LUCK
TESLA Breakdown or Bounce? Critical Levels You Cant Miss!!!!Tesla (TSLA) just broke below a critical level, and now all eyes are on the $213 support. 📉 If bulls defend this zone, we could see a strong bounce toward $236 and beyond. However, if we lose this support, expect a drop to the next target at $207 and possibly down to $189. 📉
⚡ Stay alert, traders—this could go either way! Watch for volume and price action around these levels. Are you ready to catch the move? 🚀
MB Trader
TESLA Can it reverse the ROBOTAXI DISASTER?Tesla (TSLA) plummeted on opening today following yesterday's Robotaxi event, dropping as much as -10% intra day below its 1D MA50 (blue trend-line) and touching the 1D MA100 (green trend-line) for the first time since August 05.
The market clearly considered the Robotaxi and the other aspects of the event a disaster fundamentally and the early impression is imprinted on this price collapse. The question on investors' minds is, can the company reverse the sentiment?
Well, technically there is a big reason why the price has been pulling back since the September 30 High and that is simple. It has been rejected exactly on the Lower Highs trend-line that started on Tesla's All Time High (ATH) back on November 04 2021.
As you can see, this powerful multi-year Resistance has already 5 rejections (red circles) under its belt. But on the bright side, the price has shown clear signs of reversing this long-term and the biggest is the Higher Lows since the January 06 2023 market bottom (the 2nd Higher Low on April 22 2024).
On top of that we are seeing the potential for a Channel Up (blue) since the April 22 2024 bottom and is being supported by the 1D MA100. Below that, the last (symmetrical) Support Zone is offered by the 1D MA200 (orange trend-line) and the 195.00 level (so a zone roughly within 195.00 - 203.00). Below that, the recovery potential is endangered to a great extent.
So to summarize, there are strong support levels that may cause yesterday's disastrous fundamental sentiment to reverse but most of all, Tesla needs to break above its ATH Lower Highs trend-line. If it does, the first target of the new Bullish Leg should be $380.00 (Higher High on the blue Channel Up).
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Elon Musk’s EV Empire Unveils Cybercabs and Robovans. Now What?Highly-anticipated Robotaxi event offered a glimpse into what Elon Musk touted as “the future” — a driverless almond-shaped Cybercab robotaxi with no steering wheel or pedals and a Robovan that can ferry up to 20 people (but looks like a giant sliding toaster ). Both are futuristic and flashy. But can they generate revenue and keep Tesla churning out profits? That’s the question investors were asking while they pressed hard on the “Sell TSLA shares” button.
Tesla (ticker: TSLA ) is introducing a new era. Years after it had released a new product (the Cybertruck in 2019), the electric-vehicle maker, towering over the EV space , is expanding its product suite with not one but two new sick wheels. Rolling up to the stage in one of them — a robotaxi called “Cybercab” — Elon Musk, Tesla’s chief executive, unveiled the driverless two-seater cab and an autonomous van conveniently called Robovan.
“You could fall asleep and wake up at your destination,” Musk said on stage after he arrived one hour late. “There’s no steering wheel or pedals so I hope this goes well.”
The other big reveal was a Robovan/Robobus that can pick up a total of 20 people at a time. The Robovan is especially odd-looking, which, according to Musk, is intentional. “We want to change the look of the roads,” said Musk. “The future should look like the future.”
The icing on the cake was a new version of Optimus — Tesla’s humanoid robot. In its latest form, Optimus was spotted pouring drinks at the venue and dancing in fish tanks while flexing jacked forearms.
Happening at the Warner Brothers movie set in Los Angeles, the hotly-awaited invite-only event had managed to sneak in 50 Cybercab prototypes and multiple humanoid robots.
Of the few details laid out around the business model — the Cybercab is going to cost less than $30,000 with an operating cost of 20 cents a mile. “We expect to be in production with the Cybercab … in probably — well, I tend to be a little optimistic with time frames — but in 2026. Before 2027,” Musk said.
How would that work? Musk is hoping that there will be millions of Cybercabs available to rent out from the owners through the Tesla app. “Your average passenger car is only used 10 hours a week,” he noted. “If they are autonomous they could be used five times more, maybe 10 times more.” Thus, it seems like Musk is betting on new owners looking to convert their vehicles into autonomous taxis, earning them a passive income.
But there’s a long way to go — this new way of transportation requires regulatory approval and regulators don’t exactly have a reputation for being open-minded to new ideas.
According to Elon Musk, Tesla’s future hinges on autonomous driving. Driverless vehicles are central to the continued growth and success of the EV maker. So much so that Musk has previously said that Tesla’s market cap could hit $30 trillion, or about 40 times the current valuation (or 10 times the market cap of Apple (ticker: AAPL ), the world's most expensive company .) For reference, the entire S&P 500 index is worth $50 trillion today.
Tesla’s market worth may skyrocket 40 times but it won’t be today. The neon-filled scene giving futuristic vibes and Musk touting the new products as game-changers didn’t inspire investors to rush in and shove their cash into Tesla shares.
Some key details were missing and that prompted investors to take a cautious stand. First off, from over 2 hours of livestreamed content , the presentation was just about 20 to 30 minutes and didn’t discuss anything about self-driving safety. No deep dives into the business model on the side of revenue or market share for driverless taxis. And with Musk’s broken promises — he had said that millions of robotaxis will be ferrying passengers in 2020 — investors went mild instead of wild.
First trades at the opening bell in New York on Friday saw Tesla shares drop more than 10%. Was the event mostly razzle-dazzle and lots of glam and glitz? Or was there any real substance behind?
Share your thoughts below!
Tesla’s Cybercab Reveal Disappoints, Stock Dips 6.48% PremarketTesla’s stock (NASDAQ: NASDAQ:TSLA ) took a sharp dive in premarket trading Friday, dropping over 6% following the much-anticipated reveal of its Cybercab robotaxi concept at the “We, Robot” event. The unveiling, which was expected to be a game-changing moment for Tesla, left investors underwhelmed. This event, highlighting Elon Musk’s vision for autonomous driving, did little to offer short-term growth prospects.
Cybercab Unveiling Falls Short
Tesla CEO Elon Musk took the stage at Warner Bros. Studios in California on Thursday to reveal the futuristic Cybercab, a sleek, silver two-seater with no steering wheel or pedals, emphasizing the vehicle’s self-driving capabilities. Despite the bold design and its futuristic appeal, analysts were disappointed with the event's content. Musk presented ambitious long-term goals, such as autonomous driving technology making Tesla vehicles available for under $30,000 by 2027. Yet, there was a lack of concrete details on how and when these advances would impact Tesla's bottom line.
The event seemed to emphasize the far-off future of Tesla’s autonomous technology, as analysts from Barclays and Morgan Stanley pointed out that no updates were provided on immediate growth opportunities. Tesla didn’t share details on the low-cost model set for 2025 production or any significant progress in its Full Self-Driving (FSD) software. The lack of updates on Tesla’s AI integration, specifically concerning its rumored partnership with Musk’s AI company xAI, also contributed to the overall disappointment.
Furthermore, while Tesla's Cybercab aims to revolutionize mass transit, investors were skeptical about its near-term viability. Without tangible manufacturing plans, regulatory approval, or significant technological breakthroughs, fully autonomous vehicles are still years away from becoming mainstream. This added to the frustration among investors who were expecting Tesla to present more immediate growth opportunities.
Technical Analysis
As of Friday morning, Tesla stock (NASDAQ: NASDAQ:TSLA ) has slumped by 6.31%, signaling a significant bearish sentiment in the market. This decline coincides with the broader disappointment surrounding the Cybercab event and is compounded by technical indicators showing a continuation of the downward trend.
The stock is currently trading within a bearish channel, indicating a sustained negative momentum. The Relative Strength Index (RSI) stands at 48, reflecting weak buying interest and suggesting there could be more downside in the near term. A crucial support zone has formed around the $205 price level, where a bearish gap-down pattern has appeared on the daily chart, further supporting the likelihood of Tesla (NASDAQ: NASDAQ:TSLA ) testing this zone.
With the lack of bullish catalysts, Tesla (NASDAQ: NASDAQ:TSLA ) shows no signs of a reversal. The $205 level aligns with a significant support pivot, and a break below this could trigger further declines. Investors should remain cautious as technical indicators continue to signal weakness.
Bearish Momentum and Market Sentiment
Tesla’s stock performance in the first half of 2024 was marred by a steep selloff, and while it has somewhat recovered, the current price action reflects lingering concerns. Analysts at Piper Sandler warned that “pre-event momentum fizzles,” predicting that Tesla shares may continue to face downward pressure in the coming weeks. With no immediate breakthroughs presented at the event, many expect the stock to face continued selling pressure, especially as investors weigh the long-term promises against Tesla’s current performance.
Moreover, Morgan Stanley's critique of Musk's failure to position Tesla (NASDAQ: NASDAQ:TSLA ) as an AI-driven company only adds to investor worries. Tesla's AI capabilities, once considered a defining strength, were not sufficiently addressed at the event, leaving investors questioning whether Tesla will retain its leadership in the autonomous driving space.
What’s Next for Tesla?
Tesla’s financial performance in Q3 2024, set to be announced on October 23, will provide further insight into how the company is faring. With increasing competition from rivals like Google’s Waymo and traditional automakers entering the electric vehicle (EV) and autonomous driving markets, Tesla (NASDAQ: NASDAQ:TSLA ) faces pressure to deliver more immediate results.
The stock is hovering near a critical juncture. While there may be some relief rallies, the broader sentiment suggests more downside risk, especially if Tesla cannot provide compelling short-term growth catalysts. Investors should keep a close eye on Tesla’s next moves in the autonomous vehicle space and any updates on its FSD technology as potential triggers for a rebound.
For now, Tesla’s Cybercab may have excited visionaries, but it has left investors with more questions than answers.