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Tesla Motors (TSLA)

The Price of Tesla (TSLA) Shares Has Risen by More Than 7%The Price of Tesla (TSLA) Shares Has Risen by More Than 7% As the Tesla (TSLA) stock chart shows today, the price increased by more than 7% during yesterday's trading, surpassing the $240 mark. The bullish sentiment was supported by the following factors: → The Federal Reserve's decision to cut interest rates by 0.5%; → Data tracked by Citi analyst Jeff Chung. According to Barron’s, they indicated that Tesla sold more than 15,000 vehicles in China last week – strong sales there could help the company deliver one of its best quarters. → A key signal from the technical analysis of the Tesla (TSLA) chart. Today's technical analysis of the Tesla (TSLA) chart shows that: → The price has broken through the $233 resistance level, which had been exerting pressure since the end of July. Notably, the rising lows A-B-C (resembling a bullish cup and handle pattern) suggest that demand strength has been increasing over time, which ultimately led to the breakout. → The blue channel, constructed using the linear regression method, points to an upward trend, with the price entering the upper half of this channel – further confirmation of bullish sentiment. On 16 August, when analysing the TSLA chart, we suggested that the $200 level could serve as a platform from which Tesla (TSLA) would begin its growth story. What’s next? It’s possible that the bullish momentum accompanying the break of the $233 resistance will drive the price towards the upper boundary of the upward channel, which was formed from the lows of 5 August (shown in purple). This could result in closing the bearish gap from 24 July. If so, it would motivate experts to raise their assessments, as they currently remain pessimistic. According to the average opinion of analysts surveyed by TipRanks, the 12-month price forecast for Tesla (TSLA) shares stands at $208.46, indicating the potential for a decline towards the lower boundary of the blue channel. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:TSLA
by FXOpen
2
Tesla (TSLA) Resistance Breakout and Next Target Current Resistance Level: Tesla’s stock (TSLA) is currently testing a key resistance level. Breakout Scenario: If TSLA breaks above this resistance, it could indicate a bullish breakout, suggesting more upside potential. Next Resistance Target: Once the breakout is confirmed, the price could aim for the next resistance level as the target. Confirmation: Wait for Tesla to close above the resistance with strong buying volume. Look for bullish candlestick patterns to confirm the breakout. Risk Management: Place a stop-loss just below the new support level (the previous resistance) to manage the risk of a false breakout or price reversal.
NASDAQ:TSLALong
by WaveRiders2
TESLA A Fall Expected! SELL! My dear friends, Please, find my technical outlook for TESLA below: The instrument tests an important psychological level 230.26 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 214.86 Recommended Stop Loss - 239.60 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
NASDAQ:TSLAShort
by AnabelSignals
2
Tesla Part 2 Video Monthly - 5 Min : Where are we GOING & WHY Good evening Traders Part 2 of my video I just created for Tesla: In this video we get into the nitty gritty where this market is going and and some possible scenarios we can go. We take this video from the 4 hour time frame and bring it down to the five minute chart for you all to see which levels to look for and why Any questions, comments, what do you like ? What do you hate and why? Lastly which countries is everyone from? I'm from Canada myself Happy Hunting Traders MB Trader
NASDAQ:TSLA
by Mindbloome-Trading
TESLA: Monthly - 4 hour : what is going on: Up ? Down and Where?Good evening everyone I have created video 1 of 2 for today's analysis of the market. So far we are seeing a bullish trend up however from our perspective we are still bearish transitioning into a possible bullish scenario. I give a break down of the market from the new info provided plus wait till the end to see where the market will possibly go to so you will be a more educated trader. Follow the market Happy Hunting Traders MB Trader
NASDAQ:TSLA
by Mindbloome-Trading
Tesla - This Is Still Not Bearish!Tesla ( NASDAQ:TSLA ) is stuck between structure: Click chart above to see the detailed analysis👆🏻 Tesla continues to consolidate in the long term descending triangle pattern. Following previous price action, a bullish breakout is much more likely but Tesla is still trading below the trendline resistance. A potential bullish breakout will be followed by an incredible rally and new highs. Levels to watch: $160, $230 Keep your long term vision, Philip (BasicTrading)
NASDAQ:TSLALong
by basictradingtv
TESLA: Building up the next bullish wave to $300.Tesla is in the upper levels of neutrality on the 1D technical outlook (RSI = 54.149, MACD = -1.520, ADX = 23.400) as it remains marginally under the 1D MA50, but a crossing over it should restore the buying sentiment. Long term the stock is inside a Channel Up that is technically in the build up of the next bullish wave after the HL on August 5th, also backed by the 1D Golden Cross of July 29th. We anticipate the new rally to cross above both R1 and R2 and target R3 (TP = 300.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:TSLALong
by InvestingScope
Tesla 30 Min Correcting up now !!!!!!Good morning traders Here is your 30 minute view of what the market looks like its doing: Currently we have some strong resistance at 220-223 area: my best thesis is we hit here and then fall back down. However we follow the market not predict it therefore if those levels break then I would not be surprised we go back to the top correct a touch and then break through and head up to the 280 range. Any questions, what you like and dont like let me know happy to help where I can MB Trader
NASDAQ:TSLALong
by Mindbloome-Trading
Tesla Stock Correction: Eyeing a $300 Target? (READ THE CAPTION)By analyzing the Tesla stock chart on the weekly (logarithmic) timeframe, we can see that, as expected, the price entered the supply zone at $235. After reaching this level, the stock faced a decline and corrected down to $210! It is likely that we will see further correction in Tesla's stock price. However, as mentioned in the previous analysis, due to the recent interest rate cuts, we might gradually witness a price increase after this initial correction. I am forecasting a mid-term target for Tesla stock above $300. 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
NASDAQ:TSLALong
by ArmanShabanTrading
2
Tesla High Timeframe Analysis - Targeting 2023 HighsDISCLAIMER: This is not trade advice. This is for educational and entertainment purposes only, showing how I intend to participate in this market. Trading involves significant risk. Do your own due diligence. Utilizing my Multi Timeframe strategy, I have identified that I would like to look for LONGS on Tesla. To clarify, I'm not saying I'm blindly longing this market. If I see price action that checks the boxes for this strategy, I will take the long. Until then, I do NOTHING. Feel free to shoot me a message with any questions. Have a great week!
NASDAQ:TSLALong
by Tradius_Trades