$TSLA's $207.50 Price Target for a BounceIt's not looking too good for NASDAQ:TSLA holders right now. TSLA has 6 rejections off the yellow resistance line and has been dropping rapidly after the most recent rejection. The green trendline ($207.50) is a key support level on the way down, and there is likely to be a dead cat bounce there before further decline. For now, $207.50 is my short term price target for a bounce. I think NASDAQ:TSLA would be a bit oversold, so there is some potential for a long trade setup. However, TSLA is likely to underperform with its upcoming Jan. 24 earnings report. The forecast is higher than the previous forecast, which TSLA missed. I think there will be more pain ahead after a bounce off the green support line with some more downside in 2024.
Tslalong
TSLA Trendline RetestTSLA breakout failed to end the year but is now currently backtesting the trendline. It's been surfing the 200 EMA, and If that holds, this seems like a great risk reward spot to go long. A red to green open would provide a great entry. 5 straight days down and then a doji candle smells like a possible reversal as well. Initial Targets $250 $265
Bullish on TSLATSLA needs to break that 258 resistance zone again and hold. Looking for a breakout then retest to remain bullish. Weekly looks strong as we head into 2024. Bull flag which did break out and retest. First target will be 270.00 then 292.00. 244.00 major support, cannot break that. Overall very bullish as TSLA has many areas for growth.
Tesla is a good opportunity to buyHello, according to my Tesla stock analysis. There is a good opportunity to buy. We notice that the stock has broken the pitchfork tool upward, which is a very positive indicator. We also notice the formation of an upward channel, which indicates the strength of buyers to push the stock upward towards the 300 level. Good luck to everyone.
Bearish Channel Breakout, Setting Stage for a Return Above $300?Hi Realistic Traders. Here's my price action analysis on NASDAQ:TSLA !
On May 23, 2023, Tesla (TSLA) exhibited a breakout from the bearish trendline, sustaining its upward trajectory with consecutive higher highs and lows. Following this, TSLA's bullish momentum moderated, leading to the formation of a bearish channel. Notably, there has been a recent breakthrough above the upper trendline of this bearish channel, signaling a robust bullish indication. Adding to the bullish narrative, the momentum indicator (MACD) has executed a golden cross, further affirming the potential for continued upside movement toward the specified target area.
it is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer:
"Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on TSLA."
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TESLA INC | PARALLEL CHANNEL BREAKINGTESLA INC
Tesla has broken its short-term downward parallel channel (highlighted with dotted lines). It has completed its correction and is attempting to revert to its primary bullish trend.
A minor resistance may pose a challenge for Tesla, represented by the falling resistance (double line).
We anticipate an upside movement until 313, which serves as a significant horizontal resistance.
🚗Tesla🚗 will Go Up at least 🚀➕10%🚀👋Hi, today I want to introduce you to a stock that is likely to grow by at least ➕10% in the coming days or in the coming week .
🚗The name of this stock is Tesla(TSLA) .
🥇After the Golden Cross was seen in Tesla, I hope there is more for the Tesla to grow.
📚🥇 Golden Cross Signal 🥇: In technical analysis, a golden cross occurs when the 50-day Moving Average(MA) crosses above the 200-day moving average. It's a bullish sign, indicating that the market may be heading toward a longer-term uptrend or bull market.
✅Currently, Tesla reacted well to the Uptrend line and SMA(100) and started to grow with a Bullish Marubozu Candle yesterday.
🔔I expect Tesla to close the Breakaway Gap soon and grow at least ➕10% .
If you want to know about the types of Gaps , you can read the following article.👇
Tesla (TSLAUSD) Analyze, Daily time frame⏰.
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Tesla Inc. (NASDAQ: TSLA) Testing Support Tesla is in a falling trend channel in the medium long term. This signals increasing pessimism among investors and indicates further decline for Tesla. The stock gave a negative signal from the double top formation by the break down through the support at 215. Further fall to 163 or lower is signaled. The stock is testing support at dollar 214. This could give a positive reaction, but a downward breakthrough of dollar 214 means a negative signal. The volume balance is negative and weakens the stock in the short term. The RSI curve shows a falling trend, which supports the negative trend.
Price Momentum
TSLA is trading in the middle of its 52-week range and below its 200-day simple moving average.
What does this mean?
Investors are still evaluating the share price, but the stock still appears to have some downward momentum.
$TSLA Winning Play // Solid PatternOver the last few months I've really come to appreciate the consistency of trading large tickers in the EV space. With TSLA dominating the charging market, there really is not reason for this to not demonstrate significant gains in both the short and long term. This definately has to be balanced with the prospect of a comming recession / housing bubble.
Check out the analysis, with the 30-minute chart. Based on 16 trades, we're seeing a 87.5% win rate with regular candles and a profit factor of 2.082.
#ev #tesla #musk
Bearish Put thesis worst case/ Investing long term buying zones
Elon Musk
Chief Executive Officer
It’s difficult to make an accurate guess at this point. Going back to what I said earlier that the ramp is going to be extremely difficult. And like I said, there’s no way around that. If we just try to do some copycat vehicle design, of which there are literally 200 models that are slight variations on a theme in the combustion engine world, distinctions without a difference, then it’s really not that hard. But if you want to do something radical and innovative and something really special, like the Cybertruck, it is extremely difficult because there’s nothing to copy. You have to invent not just the car, but the way to make the car. So, the more uncharted the territory, the less predictable the outcome. Now, I can say that-- if you say, well, where will things end up? I think we’ll end up with roughly a 0.25 million Cybertrucks a year. I don’t think we’re going to reach that output rate next year. I think we’ll probably reach it sometime in 2025. That’s my best guess.
A recession would also be a major blow to Tesla, as consumers would likely tighten their spending and delay or cancel purchases of new cars. In addition, Tesla is still ramping up production at its new factories in Texas and Germany, and a recession could make it more difficult to meet its production targets
Higher interest rates would make it more expensive for consumers to finance Tesla vehicles. Tesla has relied on strong leasing demand to drive sales growth, but this could be hit hard if interest rates rise significantly.
Tighter financial conditions could make it more difficult for Tesla to raise capital. Tesla has ambitious plans to expand its production capacity and product lineup, but it will need to raise a significant amount of money to do so. If financial conditions tighten, it could be more difficult and expensive for Tesla to borrow money.
A recession would lead to lower demand for Tesla vehicles. Tesla vehicles are still relatively expensive, so consumers are more likely to delay or cancel purchases of a Tesla if they are facing financial difficulties.
A recession could disrupt Tesla's supply chain. Tesla relies on a global network of suppliers for its components. A recession could lead to disruptions in this supply chain, which could make it difficult for Tesla to produce vehicles.
Overall, a combination of QT and recession would be a major challenge for Tesla. The company would need to find ways to reduce costs, increase demand, and secure financing in order to weather the storm.
$TSLA Trending Towards $180 Support LevelTSLA had a strong rejection at the yellow resistance line, and has been dropping straight down several support levels over the past few weeks. The $240 orange support line was immediately lost, and TSLA just lost support at the $207.50 green support line. There is a lot of pessimistic news surrounding the sustainability of EVs, and TSLA had a poor earnings report that further hurt investor's future outlook. The $180 light blue support level is the next key price to monitor for a potential bounce. There has been strong support here in the past.
TSLA - D1\W1TSLA
W1 – The 5th wave is forming, which can lead to continued upward movement with targets of 414.90 – 442.00, with a possible breakdown of price highs in the entire history of the chart.
D1 – Formation of a triangular structure, which most often indicates a continuation of the movement of the main trend, to begin the movement on W1. Locally to levels 352.77.
What can you expect?
You can consider entering from the level of 269.50 (you can consider breaking the level or fixing the price behind this level) with further movement to the target 352.77. Cancellation of the idea in order not to take an increased risk from the level of 233.88 (A false breakout of this level and continuation of the upward movement is also possible)
Targets 289.07 – 307.96 – 325.74 – 352.77
Long DCFC - Tritium AgainHad a long a few weeks ago at around $1 that got stopped out. Relooking at it here and have been building a long last 2 days, ave price .$70. Real company apparently doing real stuff. Not advise, good luck.
TSLA Tesla Options Ahead of EarningsIf you haven`t bought the dip here:
or sold the top:
Then analyzing the options chain and the chart patterns of TSLA Tesla prior to the earnings report this week,
I would consider purchasing the 255usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $7.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.