Tesla - falling channel or bull flag ?A simple chart with fib retracement of the move since the end of October to ATH.
This could be a 5-wave move up with correction to the 0.618 retracement and turn into a bull flag pretty soon. Or it can keep correcting within that channel.
Tesla is a stock that is not trading on fundamentals, but on investor sentiment and Elon Musk mixed with lots of fibonacci pinball by the trading algorithms.
It all depends on the NDX. If the index goes up, so does TSLA. If it doesn't, next target is 320$.
TSLA34 trade ideas
TSLA earnings up 7-9%I do dowsing & intuitive work on stocks. I haven't done earnings in awhile, so trying TSLA here.
Energy is bullish. My intuition says up 7.4% (from price atm), and dowsing says to get a price, which coincidentally comes around the same price, $419-20. Of course, 420 must be hit as it was foretold in the prophecies.
It may get up over or around 9%.
I do have it as a good bet for higher, however, then bearish energy creeps in and there's mention of both selling rallies & the daily chart breaking down.
That's all for now. Good Luck!
Mr.Million | Two Possible Scenarios for TSLAScenario #1: TSLA completed Wave (5) (in white) rather quickly, followed by a price retracement to Wave (4) low. 📉
Scenario #2: TSLA is in an ending diagonal, with a bearish RSI divergence already formed. Both near-term and long-term outlooks are bearish. 📉 (See the image below)
In both scenarios, TSLA appears to be bracing a downward move. If you’re holding shares of TSLA, consider scaling out in stages to lock in gains.
TSLA to the NORTHThis asset started buying after kicking me out of my last trade with just a few dollars. This was because my SL was not below my support level
The market did obeyed the support for that zone.
For today, I will buy TSLA at $399 and $400 as my entry.
My entry and SL are on my chart with TP
This is a Risk Reward of 1:2
$TESLA BUY OR SELL??Tesla has been in a tough spot lately, with earnings falling short of expectations. Many investors see this as a turning point, shifting their stance from a “Buy” to a “Sell”—and with good reason. However, despite its recent negative sentiment, I still believe Tesla is a buy, with only a temporary sell-off to it’s $345 levels, assuming it breaks below its current support level of $380, which it has been testing since early January. With further downside to be expected if it moves past $345.
That being said, if $345 holds, Tesla remains structurally intact, having yet to break any major key levels. From a technical perspective, the stock is still in a bullish trend, forming a Bullish Pennant Flag—a continuation pattern that typically signals further upside. As long as Tesla maintains this structure, the broader trend remains in favor of buyers.
However, while the technicals still lean bullish, I believe Tesla will need a catalytic event to reignite momentum and push the price higher. Whether that comes from a surprise earnings beat, positive industry news, or a broader market rally, a strong catalyst could be the key to Tesla’s next major move.
$TESLA BUY OR SELL????Tesla has been in a tough spot lately, with earnings falling short of expectations. Many investors see this as a turning point, shifting their stance from a “Buy” to a “Sell”—and with good reason. However, despite its recent negative sentiment, I still believe Tesla is a buy, with only a temporary sell-off to it’s $345 levels, assuming it breaks below its current support level of $380, which it has been testing since early January. With further downside to be expected if it moves past $345.
That being said, if $345 holds, Tesla remains structurally intact, having yet to break any major key levels. From a technical perspective, the stock is still in a bullish trend, forming a Bullish Pennant Flag—a continuation pattern that typically signals further upside. As long as Tesla maintains this structure, the broader trend remains in favor of buyers.
However, while the technicals still lean bullish, I believe Tesla will need a catalytic event to reignite momentum and push the price higher. Whether that comes from positive industry news, or a broader market rally, a strong catalyst could be the key to Tesla’s next major move.
Tesla (TSLA) Stock Rises Despite Disappointing Earnings ReportTesla (TSLA) Stock Rises Despite Disappointing Earnings Report
Following the close of the main trading session on 29 January, Tesla (TSLA) released an earnings report that fell short of analysts' expectations. The company reported:
→ Earnings per share (EPS) of $0.66, below the expected $0.74.
→ Revenue of $25.7 billion, missing the forecasted $27.3 billion.
Despite this, Tesla’s stock chart shows that the candle on 30 January closed around the key psychological level of $400, approximately 2% higher than the previous day’s close.
Investor concerns over weak quarterly results may have been offset by Elon Musk’s optimistic outlook, as he suggested Tesla’s business would return to growth in 2025, driven by:
→ New, more affordable electric vehicle models.
→ Progress in autonomous driving technology.
According to Business Insider, Musk stated that:
→ Tesla will begin testing a paid autonomous vehicle service in Austin, Texas, by June 2025.
→ The Full Self-Driving (FSD) software will undergo human-free testing in multiple states, including California, within a year.
→ Tesla is on track to become “the most valuable company” in the world, with strengthened production lines making 2026 an “epic” year.
The technical analysis of Tesla (TSLA) stock shows that the bullish momentum (marked by the orange curve), which was supported by the market’s reaction to Trump’s victory, has already weakened as the price has broken below this trendline. Meanwhile:
→ The $433 level has acted as strong resistance, turning the price down three times (marked by black arrows), indicating bearish confidence that TSLA is overbought above this point.
→ The 2025 low around $385 serves as key support, preventing a deeper decline into the long-term rising channel (shown in blue).
TSLA’s price may fluctuate within this range until a fundamental catalyst shifts market sentiment.
Analysts, however, remain sceptical about TSLA’s outlook. According to TipRanks:
→ Only 12 out of 33 analysts recommend buying TSLA shares.
→ The 12-month price target averages $335, below current levels.
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TSLA at a Critical Level! Bullish Momentum or Resistance BreakouPrice Action Analysis
* Current Price: $401.00 (Ask)
* TSLA is trading within a consolidation zone near $400. Recent price action suggests indecision, as the stock tested resistance at $413 but failed to sustain momentum.
* Key Support Levels:
* $395: Immediate support, aligning with previous consolidation zones.
* $378.85: A stronger level that could act as a potential demand zone if the price breaks lower.
* Key Resistance Levels:
* $413: Immediate resistance. A breakout above could signal a bullish continuation.
* $420.73: The next critical level for bullish momentum.
Indicators
* MACD: Flattening near the signal line, indicating a lack of momentum but suggesting a potential bullish crossover.
* Stochastic RSI: Neutral at 52.77, suggesting a balanced condition. A cross above 70 could confirm momentum.
GEX Analysis and Option Sentiment
* Gamma Exposure (GEX): 93.2% calls, suggesting a bullish sentiment in the options market.
* High Positive NETGEX Level: $420 (Gamma Wall) serves as a strong resistance point.
* Key GEX Levels:
* $450: Strong CALL wall, potential upside target.
* $365: PUT support, strong demand zone.
Trading Plan
Scenario 1: Bullish Breakout
* Entry: Above $413
* Target 1: $420
* Target 2: $430
* Stop Loss: Below $395
Scenario 2: Bearish Rejection
* Entry: Below $395
* Target 1: $378
* Target 2: $365
* Stop Loss: Above $413
Option Strategy
1. Bullish:
* Calls: Buy $420 Calls (expiration within 2 weeks).
* Target premium growth if TSLA breaks $413 convincingly.
2. Bearish:
* Puts: Buy $380 Puts (expiration within 2 weeks).
* Target profits if price breaks $395.
My Thoughts
Tesla is poised for a significant move. The consolidation near $400 suggests that the next breakout or rejection will dictate the short-term direction. With GEX supporting a bullish case, $420 remains a critical target. However, a failure to hold $395 could bring a bearish wave.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Market conditions may vary at premarket open. Traders are advised to adjust strategies accordingly. For questions, please PM me!
Tesla Poised for a Major Rebound Before a Deeper Correction!Our Elliott Wave analysis suggests that Tesla is gearing up for a strong rally to the $428 region by the first week of February. However, we anticipate a sharp correction thereafter, with the price dipping towards $310 by the last week of February before launching into a massive bullish wave, ultimately breaking the $500 resistance!
This movement aligns with our wave structure, where we expect a short-term rally before a necessary correction sets the stage for a parabolic move upwards.
TESLA: Bullish reversal starting towards $480.Tesla is about to turn neutral again on the 1D technical outlook (RSI = 44.564, MACD = 2.800, ADX = 35.697) in an attempt to recover the 1D MA50 that it lost yesterday. The pattern since the ATH correction started looks a lot like July-September 2024, where a Channel Down made the necessary technical correction of the June rally and then a subsequent Channel Up recovered the losses all the way to almost the R1 level. With Tesla having corrected by almost -25%, it is worth going long now and aim for the R1 again (TP = 480.00).
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