Get started

Teslaanalysis

Tesla (NASDAQ: TSLA) Next Major ResistanceKey Takeaway 1. Tesla’s stock price climbed higher from the $195.00 support. 2. A major bearish trend line is forming with resistance near $245 on the 4-hour chart. 3. The bulls might struggle to clear the $245 and $250 resistance levels. Tesla Stock Technical Analysis After a steady decline, Tesla stock price (NASDAQ: TSLA) found support near the $195.00 zone. A base was formed, and the price started a fresh increase above $220. The price started a decent increase above the $225 level. There was a move above the 50% Fib retracement level of the last main decline from the $278 swing high to the $194 low. The bulls were able to pump the price above the $235 level. However, they are now facing a major hurdle near the $245 and $250 levels. There is also a major bearish trend line forming with resistance near $245 on the same chart. The trend line is near the 61.8% Fib retracement level of the last main decline from the $278 swing high to the $194 low. A clear move above the trend line and then a break above the $250 resistance might spark bullish moves. The next major resistance is near the $275 level. A clear move above $275 could open the doors for a move toward the $288 level. In the stated case, the bulls could even attempt a move toward $300. Conversely, Tesla’s stock price might face rejection near $245 or $250. If there is a fresh decline, the price might find support near $225. The next main support on the downside is near the $215 level. Any more losses could resend the price toward $205 support. The major breakdown support reclines at $195.
NASDAQ:TSLALong
by DEXWireNews
Tesla's Technical Tale: Unveiling Patterns, Bulls on the HorizonDiving into NASDAQ:TSLA chart, the past few months have been a wild ride. However, we spotted a Higher lows and higher highs on the 2-week candles signal a strong upward trend since January 2023. Now, the current week is like a suspenseful moment. We've got this bull flag about to make its move, following the script of a previous successful bull flag. It's like the market is saying, "Hey, history might repeat itself." Zooming out to September 2022, there's this massive cup and handle formation in play. Think of it like a cup of optimism, and the handle is a breather before potentially soaring higher. And there's more drama with an inverse head and shoulders pattern hinting at a trend reversal. It's like the market whispering, "Watch out for the comeback kid." Now, let's talk RSI. It's been dancing near a downtrend line, kind of like it's testing the waters. But, here's the twist – the RSI is perking up, getting ready for a potential bullish move by crossing its moving average. The big question: Can the RSI break free this time? If it does, especially with a nod from the moving average, it could be the green light for the bulls. But, hey, lessons from the past – previous attempts didn't quite make the cut. So proceed with caution. And, oh, don't forget to listen for volume signals. A breakout with strong volume could be the cheer from the crowd for the bulls. In this market story, where surprises are the norm, having a simple game plan and keeping an eye on the bigger picture is the secret sauce. Because, in the end, even the slickest strategies can't predict every turn in this market tale.
NASDAQ:TSLALong
by Sniper29x
Tesla Stock: Buy, Sell, or Hold?Tesla's declining margins have given the bears some credence over the past year. Tesla (TSLA 1.93%) stock has taken quite the roller coaster ride in 2023. It has been as low as $108 and as high as $293 but currently sits at around $215 after a steady decline over the past few months. But the sentiment behind Tesla stock has also changed, as the company has changed its strategy slightly in the electric vehicle (EV) market. Previously, Tesla's margins were the best in the business, which provided shareholders with a one-two punch of strong growth and superior profits. With Tesla's change in strategy to sell its vehicles at a lower price (and thus lower margins) to secure its EV market share as the legacy automakers launch their products, some investors are rethinking their position. Tesla May Not Be Earning Its Premium Valuation Anymore Much of the argument around Tesla's stock price boils down to its valuation. It's hard to argue about Tesla's U.S. EV market share, but the question is, is the company worth nearly $700 billion when legacy automakers like Toyota, Ford, and General Motors are worth less than half of that combined? Previously, the buy side's argument of superior gross margins held some water, as no other automaker (besides premium ones like Ferrari) had nearly the level Tesla did. But with rising input costs and cutting vehicle prices, Tesla no longer holds this crown. Tesla has aspirations to be much more than an EV maker In addition to what it's already doing, Tesla also has other projects like full self-driving (FSD), robotaxis, and additional car models aimed at different audiences. On the buy side, these are mostly legitimate products that could change the world if done correctly. It's hard to value something like FSD, as how many people would adopt it and at what rate is unknown. The same goes for robotaxis or Tesla's artificial intelligence (AI) investments. While many buy-side Tesla investors prefer to think about the future, the sell-side isn't convinced any of these products will become a reality and believes that investors should consider the products Tesla has now, as there are no future guarantees. So, what do I think investors should do with Tesla stock? I'm in the middle at a "hold." While the short-term margin decline concerns me, I'm confident in Tesla's product versus the legacy automaker's and that price hikes will go over fine once interest rates decline. Additionally, I think Tesla has some promising products in the pipeline, but none are anywhere close to implementation, so they shouldn't be considered now. Tesla's stock has always been divisive, and with the bears scoring a few points in 2023, it has evened the argument a bit more. The key to Tesla's stock price lies within its gross margins, as any more decline in that metric will likely send the stock down further. On the flip side, if it improves throughout 2024, don't be surprised if Tesla knocks on the door of becoming a $1 trillion company.
NASDAQ:TSLALong
by DEXWireNews
2
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
TSLA | Tesla | General atmosphere in the markets?Looking to short Tesla if price should push against the red area (Sell area 1). Reason beeing its a former, engulfed supply zone that stopped the previous uptrend before beeing taken out. It also served as Support for a short period of time. In general if this trade should work out i see other major stocks going down. S-L (Stop- Loss): I dont want to see a close of a weekly candle above the green line. Target: A former resistance area that is in confluence with the 50% of the range of the recent uptrend. Additional: The last uptrend swing of Tesla (See blue Fib levels) followed a correction to the 23% Fib before starting with the current uptrend. The 23% Fib of the current uptrend is marked with a green rectangle. Good luck Disclaimer: - This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor. - You trade entirely at your own risk - Make your own research - Finance and trading is evil, capitalism is bad, duh ;)
NASDAQ:TSLAShort
by a_tale_of_bulls_and_bears
1
Disturbing News: TSLA Reveals Multiple DOJ SubpoenasI must admit that the news I have to share today is rather disheartening. It is with a heavy heart that I bring your attention to the recent revelation by Tesla Inc. (TSLA) regarding multiple subpoenas from the Department of Justice (DOJ). This development has cast a shadow of uncertainty over the company's future, leaving us with a sense of sadness and concern. As traders, we have witnessed the rise and success of Tesla over the years, marveled at their groundbreaking innovations, and even celebrated their achievements. However, the recent disclosure of multiple DOJ subpoenas has raised serious questions about the company's practices and ethics. While we cannot jump to conclusions or pass judgment prematurely, it is essential to acknowledge the potential ramifications of such investigations. In light of these developments, I feel compelled to share my concerns with you, my fellow traders. It is crucial for us to evaluate our positions and consider the potential risks associated with holding Tesla stock. While it is not my intention to dictate your investment decisions, I believe it is essential to be aware of the potential downside risks that may lie ahead. Therefore, I encourage you to carefully assess your exposure to Tesla and consider the option of shorting TSLA. By taking a short position, you have the opportunity to profit from any downward movement in the stock price, should these investigations lead to unfavorable outcomes for the company. As traders, it is our responsibility to stay informed and make well-informed decisions to protect our portfolios. Please understand that I do not take pleasure in sharing this information or promoting a bearish sentiment. However, as traders, it is our duty to adapt and react to the changing dynamics of the market. I believe that by being proactive and considering the potential risks associated with Tesla's recent disclosures, we can safeguard our investments and navigate through these uncertain times. Remember, knowledge is power in the world of trading. Stay informed, stay vigilant, and make decisions that align with your risk tolerance and investment objectives. If you require any further information or would like to discuss this matter further, please do not hesitate to reach out to me by commenting below,
NASDAQ:TSLAShort
by bryandowningqln
TSLA's Recent Disappointments and the Challenging Road AheadAs an avid follower of the company, it pains me to share the disappointing news that TSLA has fallen short of investor expectations, leaving us with a heavy heart. One cannot ignore the challenges that Elon Musk and his team are currently facing, particularly the unveiling of the highly anticipated Cybertruck. While the Cybertruck's unique design may have captured attention, it has also sparked skepticism among investors and industry experts alike. The unconventional design has raised concerns about its mass-market appeal and potential impact on Tesla's overall sales. As investors, it is crucial for us to carefully evaluate the situation and make informed decisions. In light of these recent developments, I believe it is essential to consider the option of shorting TSLA, as it may present an opportunity to mitigate potential losses. By shorting TSLA, we can capitalize on the current challenges the company is facing and potentially benefit from a decline in its stock value. However, I urge you to conduct thorough research and consult with your financial advisor before making any investment decisions. While shorting TSLA may seem like a viable option, it is essential to consider the inherent risks associated with this strategy. Market volatility and unforeseen developments can significantly impact the outcome, so it is crucial to exercise caution and prudence. In these uncertain times, it is essential to remember that the market is ever-changing, and opportunities can arise even amidst disappointment. By staying informed and making well-informed decisions, we can navigate these challenging waters with resilience and adaptability. I encourage you to keep a close eye on Tesla's future developments, as they may offer insights into potential investment opportunities. Stay vigilant, analyze the market trends, and consider your risk tolerance before taking any action.
NASDAQ:TSLAShort
by bryandowningqln
[EN] Tesla. Medium-term bearish signal // GaliortiTradingOn the 1-month chart NASDAQ:TSLA has lost its 10-session average , a chart widely followed by large traders, which may condition a bearish momentum in the medium term . 1 Month Since November 2021 the price has been immersed in a counter-trend bearish channel with a final target at the floor of the long-term bullish channel ($100). Before that, it will have to previously exceed the medium-term bullish guideline (June 2019) in the vicinity of $175. 1 W In the short term, prices present a series of supports that will initially stop the falls. The important liquidity zone between $200-220 and the 200-session average ($196) will help to contain the falls and will probably enter a sideways phase that will last a few weeks . It will then most likely attack the June 2019 bullish trendline. 1 D In June of this year there was a bearish gap ($280 to $290) not yet covered that will act as a strong resistance in the future. A new bearish gap has been experienced during the day which has determined the loss of the 200 session average . 4 h In the very short term the bullish gap from mid-August will contain the price decline. The large liquidity zone in which the price is starting to enter and the large oversold conditions will push prices to perform a pullback on its lost 200-session average. Even in this situation, the bearish gap may not be completely covered. This would open an important medium-term bearish trading window with stop loss above the gap and a first target at the uptrend line ($175) and a second target at the floor of the long-term channel ($100). We must be very attentive to if the value fails to overcome the 200-session average on 4-hour charts. If it performs the pull-back and fails to restructure above it, it would trigger our bearish trade. Pablo G.
NASDAQ:TSLAShort
by GaliortiTrading
Dont Bet Against Tesla while Bullish Strength ExistsHi guys. This is a Technical Analysis on Tesla (TSLA) on the 3 Day chart. BRUH.......I was aspecting prices to be around the FIB retracement levels i pointed out in my previous ideas (200-220 range) a little longer. Though its still possible we can retrace back down from this current area. BUT Some bullish signs exist, therefore in my opinion we are Bullish until Proven Otherwise. Jumping in, our current move is fueled by our Major bounce from a Critical Confluence of Supports. We have the RED ZONE We have the Black trendline We have the 50 SMA We are also ABOVE the 21 EMA, which when support is Confirmed it indicated UPTRENDS. As long as we respect the 21 EMA and stay above it. Volume is picking up as well. WHich is also indicative of the current move. To break ABOVE resistance lines, we need to continue to see VOLUME increase. MACD is also showing signs of waning Bearish Momentum, with Light Red histobar prints and flattening of the Blue line. We need to avoid printing a Dark Red Bar. Instead see print of Green bars with a Bullish Cross. RSI is also getting close to testing the Black moving average i have added. The way i use this is: Usually if RSI is ABOVE the Moving AVerage, it signifies UPtrends. But do note: This current candle closes on the 8th of September. And note that we are hitting some Major Resistance Area. There is always a risk of sell off. BUt as long as we continue the current trends in volume, stay above the moving averages, and maintain patterns in indicators Uptrend will continue. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on TSLA in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
NASDAQ:TSLALong
by SafofAllTrades
10
Concerns over Tesla's Volume and Margins DropConcerns over Tesla's Volume and Margins Drop: Can the Cybertruck Compensate for Losses? As you may already be aware, Tesla has experienced a noticeable drop in both its volume and margins in recent times. This decline has raised questions regarding the company's ability to sustain its profitability and meet investor expectations. While Tesla has been a frontrunner in the electric vehicle market, this recent downturn has given rise to uncertainties about the company's financial stability. In light of these concerns, it is crucial to evaluate the potential impact of Tesla's upcoming product, the Cybertruck. With its futuristic design and promising features, the Cybertruck has garnered significant attention and anticipation from both enthusiasts and investors alike. Tesla has positioned this groundbreaking vehicle as a potential game-changer, capable of revolutionizing the pickup truck market. Given the current circumstances, it is plausible to consider whether the Cybertruck can compensate for the losses incurred by Tesla's declining volume and margins. The success of this highly-anticipated product could potentially help restore investor confidence and provide a much-needed boost to the company's financial performance. However, it is important to approach this situation with caution. While the Cybertruck holds significant potential, it is vital to remain objective and critically analyze the possible outcomes. As a result, I would like to encourage you to consider a temporary short position on Tesla (TSLA). By doing so, we can potentially capitalize on the current market sentiment and potential risks associated with Tesla's performance. Please note that shorting TSLA should only be undertaken after conducting thorough research and analysis, as it carries its own inherent risks. It is essential to consult with your financial advisor or conduct your own due diligence before making any investment decisions. As fellow traders, it is our responsibility to stay informed, remain vigilant, and adapt our strategies accordingly. By actively monitoring and discussing these developments, we can collectively navigate the ever-changing landscape of the stock market.
NASDAQ:TSLAShort
by bryandowningqln
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. - - - - - - - - - - - - - - - - - - - - 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🫡
NASDAQ:TSLALong
by basictradingtv
74
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. - - - - - - - - - - - - - - - - - - - - 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🫡
NASDAQ:TSLALong
by basictradingtv
26