Buy now for TSLS or wait for next dip
I am thrilled to share with you that Tesla chargers are gaining more supporters as the company's plug becomes the American standard. This is a significant milestone for Tesla and a clear indication of the company's commitment to providing sustainable transportation solutions.
Currently, the $210 level is acting as a support level, as it did on Friday and again on Monday. It's important to keep an eye on this level.
However, if the stock manages to break through this level, it's crucial to pay attention to the $258 mark. This level not only represents the 161.8% extension of the recent range but also the 50% retracement of Tesla's bear-market correction.
In short, it's essential to exercise caution when it comes to Tesla stock in the short term. It may be wise to look for opportunities to buy the dip.
Tslaforecast
Tesla -> Not Slowing DownHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Tesla stock is currently breaking a bunch of resistance towards the upside, showing very strong bullish buying pressure overall.
You can also see that Tesla is approaching resistance at the $270 from which we could see a short term rejection towards the downside considering that over the past couple of weeks, Tesla stock rallied roughly 70% towards the upside.
On the daily timeframe you can see that market structure and momentum is still massively bullish so there is no reason to short Tesla now, I am personally waiting for a retest of the $230 level before I then do expect another bullish rally from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Tesla is going higher?Tesla is going higher? Three Outside Up/Down Bullish Reversal candle stick pattern detected. Several indicators and my scripts suggest, that NASDAQ:TSLA could go another 5% up next week, say $256 soon.
*Disclaimer*
The information is purely for *entertainment* purposes, and is not meant to be, and does not constitute, financial, investment, trading, or other types of advice or recommendations. Do Your Own Due Diligence (DYODD)
GM Ford commit Tesla EV charging network so new standard setGM and Ford joined Tesla's EV charging network, bringing us closer to a US industry standard. This collaboration is a significant milestone for the EV industry, marking a new era of cooperation and innovation.
By joining Tesla's network, GM and Ford are committed to providing their customers with the best possible charging experience. This move will make charging more accessible and convenient for EV drivers and help reduce range anxiety, a significant barrier to EV adoption.
As a trader, you can invest in Tesla, a company leading the way in the EV industry. Tesla's innovative technology and visionary leadership have made them a force to be reckoned with, and their commitment to sustainability and clean energy make them a great investment choice.
I encourage you to consider investing in Tesla and join the movement toward a more sustainable future. With the support of industry leaders like GM and Ford, Tesla is poised to continue its growth and success in the years to come.
Thank you for your time, and I look forward to your comments on this exciting development
TSLA hit 7 Month as Good Times RollHave you heard the news? Tesla Rides Tech Rally to 7-Month High as Good News Piles Up! It's almost as if Elon Musk has a secret stash of good news that he's been saving up for a rainy day. Well, it looks like that rainy day has finally arrived, and Tesla is soaking up all the good news like a sponge.
As a Tesla investor, I'm sure you're already aware of this company's incredible potential. From cutting-edge electric vehicles to revolutionary solar technology, Tesla is leading the race toward a sustainable future. And with the recent surge in the tech market, it's clear that investors are starting to take notice.
So, here's my call to action for you: if you haven't already, consider investing in Tesla. With all the positive momentum behind the company, there's never been a better time to jump on board. Sure, there may be some bumps in the road ahead, but with Tesla's innovative spirit and unwavering commitment to sustainability, I do not doubt that this company will continue to thrive.
So, what do you say? Are you ready to join the Tesla revolution? Let's ride this tech rally to the top!
TSLA NVDA AAPL VIX | Market SPY & QQQ Price Levels Trend Guide- TSLA decent monthly uptrend follow through relative strength to QQQ today
- NVDA relative weakness to QQQ today but still holding on to key levels.
- AAPL no bear follow through today after yesterdays drop, todays sideways range will break tomorrow is key
- SPY relative stronger than QQQ today, XLF KRE IWM all participating in money rotation today.
Tesla -> Bullish Continuation PatternHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla just recently retested and rejected a quite nice support zone at the psychological $100 area which was acting as support.
You can also see that over the past couple of weeks, Tesla has been forming a quite obvious weekly bullish flag, which is normally a continuation pattern, so I am now just waiting for a break above the resistance trendline and then I do expect another bullish rally.
On the daily timeframe you can see that Tesla yesterday retested and rejected a quite obvious previous structure level at the $190 area which was acting as resistance - I am now just waiting for a break and retest of this level before I then do expect also a daily rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
We Like TSLA but Stay Away from it Now !!Technical Analysis:
- TSLA is doing a WXY structure where the wave X in blue is in progress
- We expect that the correction will end when wave Y in blue will be completed at around 130 ~ 140
- WARNING : The invalidation level in green can not be crossed but if it's crossed then TSLA will go into more down side
- TSLA H1 and H4 Right Side is turning up. So we expect that the near term will extend higher
Technical Information:
- If you're a swing trader , don't buy TSLA now
- You must wait for the correction to be completed in wave Y in blue
Tesla Local Bottom- Sound like an easy setup.
- keep it simple.
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Trading Part
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- Buy 125$ ( 25% invest ).
- Rebuy 100$ ( add 75% invest ).
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- TP : 195$
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Happy Tr4Ding !
Is this why TSLA is starting to increase car model prices again?When you take a look at this green trend line of 300 days which is starting to point up comment makes you wonder why Tesla has started to slightly increase certain car model prices. Do you really think Tesla has internal technical analysts to determine the points at which to start increasing the car model prices? It might be hard to think but the timing couldn't be more impeccable. NASDAQ:TSLA
It would be tought gauge stock price direction of TSLA as markets could be unpredictable with todays banking halts. How bad could it get?
TSLA Is Very Close To BounceTechnical Analysis:
- Tesla(TSLA) is now doing a WXY correction in blue. We expect it to be completed the wave ((2)) in the next 1~2 days
- TSLA must find the strong buyers at around HKEX:150 - $155 where we like to buy
- TSLA can't cross the green validation level in order to support higher bounce in wave 3
Tesla Right Side
- H1 right side is turning down
- H4 right side is turning up
Technical Information:
- Don't sell TSLA now
- Wait for wave ((2)) to be completed in 1~2 days to buy
TSLA Tesla Options Ahead of EarningsIf you haven`t bought TSLA here:
Then analyzing the options chain of TSLA Tesla prior to the earnings report this week, I would consider purchasing
Puts with a $183.33 strike price and an expiration date of 2023-4-21, for a premium of approximately $6.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
TSLA Earnings Report Price Action breakdown | Weekly Support |- NASDAQ:TSLA Weekly support $163.91
- currently a 15m bear flag after hours after earnings.
- now in a daily down trend
- next strong support zone in the $166s
- im currently not in the stock my after breaking out of the equilibrium (teal looking wedge) its favoring the bears at the moment.
Is TSLA Ready To Pump??Technical Analysis:
- Tesla(TSLA) is now doing a WXY correction in blue. We expect it to be completed the wave ((2)) in the next 2-4 weeks
- TSLA must find the strong buyers at around HKEX:150 - $155 where we like to buy
- TSLA can't cross the green validation level in order to support higher bounce in wave 3
Tesla Right Side
- H1 right side is turning down
- H4 right side is turning up
- Weekly right side is up
Technical Information:
- Don't sell TSLA now
- Wait for wave ((2)) to be completed in order to buy
TSLA Future Outlook | Technical Analysis | Support & Resistance - TSLA is currently in a neutral trend, sitting close to support but also right under 186.5 range resistance
- TSLA has been performing relatively weaker than QQQ as of this week.
- Earnings seasons are coming up and there's fear of earnings recession so either earnings come in normal and the fear alleviated and we get bull moves or vice versa.
- QQQ also closed right at resistance on Friday, if QQQ dont continue moving higher its going to drag TSLA down as well.
Tesla WEEKLY BULLISH Inverse H&S, 217.65 Key level- Bullish inverse H&S weekly time frame
- Bullish cup and handle pattern
- 217.65 break of that level will form weekly and monthly uptrend for the bulls
- delivery number will be key (i mentioned the wrong date its not this weekend)
- QQQ is very extended might see some consolidation next week which may effect TSLA as well
TSLAUpdate! I gave you the bottom of TSLA at 100, but we're in need of an update. TSLA's gigarange, from its 420 highs to 100 lows has a 258 mid, which is confluent with a variety of open (unfilled) gaps in that vicinity. So long as it holds above its first quartile retracement of the gigarange (180-190 area) then I'd anticipate that it makes its way to range mid 258s.
tesla is heavily overbought we a correction is on waytesla is going to bearish as we can see that tesla went to 214 from 100 in 4 weeks the rsi shows that the stock is overbought that will require a correction we see that tesla will fall to the 150 area before making any bullish moves .
good luck to you all