Get started

Tesla Motors (TSLA)

Tesla's Stellar Performance Ignites S&P 500 The U.S. stock market reached a new milestone on Tuesday, July 2nd, 2024, with the S&P 500 closing above 5,500 for the very first time. This historic achievement was fueled by a powerful surge in Tesla's stock price, coupled with positive signals from the Federal Reserve regarding potential interest rate adjustments. Tesla, the electric vehicle (EV) leader, emerged as the star of the show. The company's stock price skyrocketed by over 10%, propelled by exceeding analyst expectations for their second-quarter deliveries. This impressive feat marked Tesla's second consecutive day of strong gains, solidifying investor confidence in the company's future prospects. The positive momentum surrounding Tesla not only propelled its own stock price but also had a ripple effect on the broader market, particularly the Nasdaq Composite. The tech-heavy index followed suit, closing at a record high itself, exceeding the 18,000 mark for the first time ever. Beyond Tesla's individual performance, another significant factor contributed to the market's bullish sentiment. Federal Reserve Chair Jerome Powell, in a much-anticipated speech, hinted at the possibility of future rate cuts. This dovish stance from the Fed was met with enthusiasm by investors, as lower interest rates are generally seen as a positive catalyst for stock prices. Chair Powell's comments suggested that the Fed is cautiously optimistic about progress made in combating inflation, potentially paving the way for a more accommodative monetary policy in the near future. The confluence of these events – Tesla's dominance, the Nasdaq's record highs, and the Fed's softening stance on inflation – created a perfect storm for the S&P 500 to breach the coveted 5,500 barrier. This milestone signifies a period of exceptional growth and resilience for the U.S. stock market. It's important to remember, however, that market triumphs are rarely linear. While the current outlook appears optimistic, there are always external forces that can influence market direction. Looking Ahead: Sustainable Growth or Market Correction? The question now on everyone's mind is whether this record-breaking rally can be sustained. Analysts hold varying perspectives. Some believe that the market's current momentum is a reflection of a robust and growing U.S. economy, with factors like strong corporate earnings and continued technological advancements fueling the rise. They argue that the S&P 500's ascent above 5,500 represents a new chapter in market history, and further growth is possible. However, others express caution. They point to potential risks, such as ongoing geopolitical tensions, potential supply chain disruptions, and the possibility that inflation might not be definitively tamed. These factors, they argue, could trigger a market correction in the future. Investor Takeaways: Navigating the Evolving Market Landscape Regardless of one's specific viewpoint, this historic event serves as a crucial reminder for investors. It underscores the importance of conducting thorough research, maintaining a diversified portfolio, and having a long-term investment strategy. Investors should also stay informed about economic developments and adjust their strategies accordingly. The S&P 500 breaching 5,500 is undoubtedly a significant milestone. It reflects a period of exceptional growth for the U.S. stock market, fueled by a combination of strong corporate performance, optimism about inflation, and potential adjustments in monetary policy. However, as with any market rally, there are always underlying risks to consider. By staying informed, maintaining a diversified portfolio, and adhering to a well-defined investment strategy, investors can navigate the evolving market landscape and potentially benefit from the current economic climate.
NASDAQ:TSLALong
by bryandowningqln
TSLA To The Moon?Tesla has had an amazinf rally in recent sessions. We are now into major resistance. Hitting the weekly 200 MA Hitting major downsloping trendline. If we break this trendline a major bullish pattern is on watch. A weekly inverse head and shoulder pattern that could yield a 100% return. If we reject here, a major bear pattern could take hold. This level is so fascinating as it hinges on a major business milestone approaching in August. The ROBOTAXI could be a game changer! Buy the rumour sell the news?
NASDAQ:TSLA
by Trading-Capital
Tesla's Current Position: A Case of Uncertainty Amidst ChallengeTesla, once the darling of the stock market, has encountered a tumultuous period marked by declining stock performance and disappointing production figures. The company's stock experienced a 31% decline in 2024, a stark contrast to the Nasdaq Composite Index's 7% gain, leading to a growing sense of unease among shareholders. One of the primary drivers behind Tesla's recent woes is its inability to meet production expectations. In the first quarter of this year, Tesla's unit deliveries dropped by 8.5% year over year, significantly below analysts' projections. This shortfall has raised concerns about the company's ability to maintain its leadership in the electric vehicle (EV) market. Opportunity Amidst Decline: Despite its recent struggles, some investors view Tesla's current valuation as an opportunity for bargain hunting. With the stock trading 58% below its all-time high and sporting a comparatively lower price-to-earnings (P/E) ratio of 39.8, there is optimism that Tesla may be undervalued, making it an attractive entry point for discerning investors. Long-Term Bullish Factors: Proponents of Tesla remain optimistic about the company's long-term prospects, pointing to several factors that could drive future growth. Tesla's position as a key player in the EV industry, combined with increasing momentum towards sustainability, suggests potential for growth in the long run. Additionally, CEO Elon Musk's ambitious goals, including achieving full self-driving capabilities and deploying a fleet of robotaxis, could unlock new revenue streams for the company. Despite the bullish outlook, Tesla faces formidable challenges that cast a shadow over its future prospects. Intensified competition from traditional automakers and dedicated EV startups poses a significant threat to Tesla's market dominance. Moreover, ongoing pricing pressure and margin compression raise questions about Tesla's ability to maintain profitability in the face of increasing competition. In light of these challenges, there is hesitancy among investors to fully embrace Tesla's current valuation. While the market's premium valuation of Tesla is based on the assumption that its ambitious initiatives will materialize, there remains uncertainty surrounding their feasibility. Moreover, Tesla's susceptibility to macroeconomic influences, particularly fluctuations in interest rates, adds another layer of uncertainty to its future trajectory. In conclusion, Tesla's recent struggles and uncertain future have given rise to a mixed sentiment among investors. While some see opportunity in Tesla's discounted valuation and long-term potential, others remain cautious, citing ongoing challenges and uncertainties. As Tesla navigates through this challenging period, only time will tell whether it can overcome its obstacles and regain its position as a market leader in the EV industry.
NASDAQ:TSLALong
by FOREXN1
1
TSLA bullishTesla formed an inverse Head & Shoulder pattern at the bottom of this downward trend and should run up to the earnings as it usually does. Purely technical analysis and per fib extensions we can see it go to the range of $214 to $226. A real good catalyst might even send it to low $260's. Will it happen? I don't know but I hope so, unfortunately I am stuck in $240 Calls I sold and I am looking into selling PUTs way out to replace my calls that will most likely be exercised. Either way its a win win for me but this has been a very stressful year holding on to TSLA. Best of luck to all of those who held and good luck if you're thinking about getting in now.
NASDAQ:TSLALong
by Gus-On
TESLA Massive Short! SELL! My dear followers, I analysed this chart on TESLA and concluded the following: The market is trading on 198.00 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 188.96 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
NASDAQ:TSLAShort
by AnabelSignals
1
TSLA ( UNDER BEARISH PRESSURE ) ( 1D )TSLA HELLO TRADERS trend line : the price trade under resistance trendline , indicates the price is under bearish pressure , if the price breakout the resistance trendline reach to resistance level . TURNING LEVEL : a gold rectangular a round 214.16 level , which indicates two cases , the first cases until the price breaking this level reach a resistance level , the second case the price trade below this level , the price reach support level . RESISTANCE LEVEL : a green rectangular , an area above the turning level , around 263.13 and 295.97 , selling have already increase at this level . SUPPORT LEVEL : a red rectangular , an area below turning level , around 152.72 , buying have already increase at this level . PRICE MOVEMENT : the price is under bearish pressure until trade below turning level at 214.16 , it will attempt to reach support level at 152.72 , then trade below this level reach next target at 125.23 , if the breaking turning level and breakout resistance trendline trying to reach resistance level 241.15 and 263.13 , then stable this level reach next target 295.97 . TARGET LEVEL : TENDENCY : SHORT 214.16 RESISTANCE LEVEL : 241.15 , 263.13 , 295.97 SUPPORT LEVEL : 152.72 , 125.23
NASDAQ:TSLAShort
by ArinaKarayi
Tesla (TSLA) IdeaHey Guys, Yearly= In a Correction since 2022. 2023 managed only to retest the 50% of the Bearish Candle which is not Bullish but indicated a drop. Yearly Zones of Interest: 208 & 154 Q2= Bullish Candle at an important Yearly FIB. BUT still in a declining channel. Stochastic is neutral- bullish. Q4 could provide some bullish setup (according to the stochastics) since we might be forming a higher low here. Bulls must manage to break through at least the 222 Resistance. Monthly: Stochastic is bullish - candlestick as well… however the 205 level becomes critical as it is retested with this candle. we also are testing the upper line of a declining channel -> a warning of a possible decline for the next month or so. Warning line at 205 and the next at 222 as these zones have to be broken to attract more buyers into the markets. Below 205 I see a great likelyhood of a retest of 3D Lows Thanks for reading
NASDAQ:TSLA
by MeruEU
$TSLA #Tesla Inverse Head & ShouldersNASDAQ:TSLA #Tesla Inverse Head & Shoulders The Inverse Head & Shoulders pattern is a popular technical analysis indicator used to predict a reversal in a downtrend. Here's a description: ### Inverse Head & Shoulders Pattern The Inverse Head & Shoulders pattern is a bullish reversal pattern that often marks the end of a downtrend and the beginning of an uptrend. It consists of three main components: two shoulders and a head, formed by three successive troughs with the middle trough (head) being the deepest. #### Key Features: 1. **Left Shoulder:** - The price declines to a new low and then rises to form a peak. 2. **Head:** - The price falls again, creating an even lower trough (the head), and then rises once more. 3. **Right Shoulder:** - The price declines for a third time but does not fall as low as the head, forming the right shoulder, before rising again. 4. **Neckline:** - A horizontal or slightly upward-sloping line drawn through the peaks between the left shoulder, head, and right shoulder. This line acts as a resistance level. #### Trading the Pattern: - **Identification:** - Look for a clear formation of the left shoulder, head, and right shoulder during a downtrend. - **Neckline Break:** - The pattern is confirmed once the price breaks above the neckline. This breakout signals a potential reversal and is considered a buying opportunity. - **Volume:** - Volume typically decreases as the pattern forms and then increases on the breakout above the neckline, adding validity to the reversal. #### Measuring the Target: - **Price Target:** - The projected price target is typically calculated by measuring the distance from the bottom of the head to the neckline and then adding this distance to the breakout point at the neckline. #### Example: If the bottom of the head is at $50, the neckline is at $60, the difference is $10. If the price breaks the neckline at $60, the target price would be $70 ($60 + $10). ### Summary The Inverse Head & Shoulders pattern is a reliable indicator used by traders to identify potential reversals from bearish to bullish trends. When identified correctly, it provides a clear signal to enter long positions, aiming for the measured target based on the pattern's structure.
NASDAQ:TSLALong
by AlgoTradeAlert
5
$TSLA bottoming soon around $131-137 and then push to $200?NASDAQ:TSLA looks to be close to making a short term bottom. Thinking we could see price find support in the $131-137 range and then with earnings see a push to $200 or so. NASDAQ:TSLA has been the leader to the downside and it looks to be nearing exhaustion. Would make sense for the leader to the downside to end up being the leader to the upside should the reaction to earnings be positive. Let's see. This week should be telling on the directional move for equities.
NASDAQ:TSLALong
by benjihyam
21
TESLA It has begun...Tesla (TSLA) is on almost a +5.00% rise today an aggressive reaction to the market news and technically extending an Inverse Head and Shoulders (IH&S) pattern as we mentioned on our previous analysis (see chart below): It is a good time to shift to the longer term time-frame of 1W, where this IH&S pattern is a bottom formation that Tesla has registered before all of its major long-term rallies. The one that looks from cyclical start to finish with today's pattern is the period of 2014 - 2016. Once the price broke above the 1W MA50 (blue trend-line) on that pattern, Tesla started a rally that peaked on the 1.382 Fibonacci extension level. Observe similar the 1W RSI patterns are as well between the two Cycles. If the stock repeats that Fibonacci target, we can get a price as high as $700.00. That is of course a very optimistic scenario but even the more pessimistic one, has a (dotted) Channel Up targeting its top on the 3.5 Time Fib at around $400, which is almost the All Time High (ATH) for Tesla. As a result, we see $400 as a real posibility for the end of the year. ------------------------------------------------------------------------------- ** 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
2
RIVN falls to fair value for swing LONGRIVN is here on a 30 minute chart with VWAP bands and a dual time frame RSI added. Price fell from the top of the trend up after the last earnings. It is now between the mean anchored VWAP and the first lower VWAP line which is where the reversal occurred on May 8th. I will look for an entry long on a lower time frame chart. I am looking for a 1.75 move up toward the second upper VWAP line in this trade while risking 0.25 making the reward for the risk taken about 7.
NASDAQ:RIVNLong
by AwesomeAvani