TSLA swing tradeI like TSLA here for a little breakout. You can buy the June 190 calls for $5. I like the exit around the 220 area which it the top of the channel. Longby carley621Updated 2
TSLA: A Dangerous Congestion!Daily Chart: Congestion and Key Resistance Levels The daily chart of Tesla, Inc. (TSLA) shows the stock in a congestion phase, marked by sideways price action within a range. The 21 EMA, currently at 177.22, provides short-term support and resistance. This congestion phase indicates indecision in the market, where neither bulls nor bears have taken clear control. A significant resistance level to watch is at 186.88. The price has tested this level a couple of times but has not been able to break above it convincingly. A breakout above 186.88 would suggest a potential bullish move, targeting higher resistance levels around 205.60. Conversely, a failure to break this resistance could lead to further consolidation within the current range. On the downside, key support is found at 167.75. This level has provided a floor for the recent price action, and a break below it could signal a bearish continuation, possibly targeting lower levels around 138.80. Weekly Chart: Fibonacci Retracement and Key Support Levels The weekly chart provides a broader perspective, highlighting the significant drop TSLA experienced and its subsequent recovery attempts. The 21-week EMA, at 183.85, is a critical resistance level that the price is currently hovering around. Staying above this EMA could indicate strength, while a drop below could suggest further downside potential. The Fibonacci retracement levels drawn from the recent high to the low show important support and resistance areas. The 50% retracement level, around 169, aligns with the daily support at $167.75, and acts as a crucial support area. Support levels to watch include the 50% Fibonacci retracement around $169 and the lower level at 138.80. Holding above the 50% level would suggest a potential base forming, while a break below could see the stock revisiting lower levels. Conclusion: Monitoring the Congestion and Key Fibonacci Levels TSLA is currently in a congestion phase on the daily chart, bounded by resistance at 186.88 and support at 167.75 area. The stock needs to break out of this range to signal a clear direction. On the weekly chart, the 21-week EMA and Fibonacci retracement levels provide additional context for potential support and resistance areas. A breakout above 186.88 on the daily chart could suggest a bullish move towards 205.60, while a breakdown below 167.75 could indicate further downside risk. For more detailed technical analyses and insights like this, be sure to follow my account. Your support helps me continue providing valuable content to help you make informed trading decisions. Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation. “To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore by Nathan_BlackPublished 17
Tesla Sues Matthews Over EV Battery Trade SecretsTesla ( NASDAQ:TSLA ) has taken legal action against its former supplier, Matthews International, in a California federal court for allegedly stealing trade secrets related to Tesla's battery-manufacturing process and sharing them with Tesla's ( NASDAQ:TSLA ) competitors. The lawsuit, filed in the U.S. District Court for the Northern District of California, claims that Matthews owes damages exceeding $1 billion for misusing Tesla's trade secrets concerning dry electrode battery manufacturing technology. Matthews, a Pittsburgh-based company that started supplying manufacturing machinery to Tesla ( NASDAQ:TSLA ) in 2019, allegedly shared Tesla's innovations related to dry-electrode coating with unnamed competitors. This technology is crucial for reducing the size, cost, energy consumption, and production cycle time of battery manufacturing plants, while enhancing the energy density and power of battery cells. According to the lawsuit, Matthews not only shared Tesla's trade secrets but also claimed Tesla's inventions as its own in patent filings, revealing confidential Tesla information. Tesla is seeking the court's intervention to prevent Matthews from further misusing its trade secrets, compel Matthews to surrender its patent applications, and claim monetary damages. As of now, representatives from Matthews and attorneys and spokespeople from Tesla ( NASDAQ:TSLA ) have not responded to requests for comments on this matter. Technical Outlook Tesla Inc. (TSLA) stock is up 4.48% in Monday's market trading with a Relative Strength Index (RSI) of 58.34 which is poised for further gains and if Tesla Inc. should win the case against Matthews we should expect price impact. by DEXWireNewsPublished 5
TSLA MACD technique in place, Price bouncing of a previous Resistance. Quick trade H4 TF, looking for 5 % TGLongby ramirez.arielPublished 1
TSLA TO $200Have major support at 200 MA I measured the previous move back from 170s t0o190s for the future move forecast after breaking parallel channel Also seems like that long term triangle structure breakout retest happening near $176-$178 May bull are back for short termLongby MAFIA_TRADER074Published 5
Ball drop technical patternNASDAQ:TSLA is still following the ball drop technical pattern. It is called such because it resembles the pattern of a ball dropping to the floor. Possibly because the TechnoKing dropped the ball. Do yourself a favor and stop giving him your dollars. 2016 Elon: "We've got cars with all the equipment needed to drive themselves." 2019 Elon: "Self-driving coming soon. We're raising the price to $10,000." 2022 Elon: "Raising the price of FSD to $15,000. It'll be here soon." 2023 Elon: "We've got new hardware and... you'll have to buy an entirely new car. Sorry." 2024 Elon: "FSD still isn't here... but... Flying cars now!!!!" GIVE US BACK OUR $15,000!Shortby alshivalPublished 2
Tesla buill for tommorowtesla looks bull for tommorow, and it has a nice support at the current price once it breaks that zone then we can make some moveLongby Tanish_tradesPublished 4
BUY THE DIP BEFORE ELECTIONS, paper handsTesla's Fundamental Strengths and Strategic Positioning Despite the transient noise in technical analysis, Tesla remains robust at its core, supported by solid financial metrics and favorable valuations in today's market landscape. The company is ambitiously positioned, with strategic initiatives in electric vehicles (EVs) and artificial intelligence (AI) — sectors poised for significant adoption and growth. The ongoing geopolitical contest between BRICS nations and the West underscores the strategic importance of AI, a domain where Tesla is a key player. The Trump Factor and Political Dynamics Tesla also benefits from a notable political dynamic. Former President Donald Trump frequently highlighted Elon Musk as a symbol of American innovation and industrial leadership. Although Trump's public stance on EVs has shown some contradictions, it is crucial to recognize that political rhetoric often masks underlying economic interests. Politicians can make conflicting statements driven by a myriad of motives, including financial incentives. Market Liquidity and Investment Outlook In the broader market context, global liquidity is on the rise. Despite widespread hesitance among investors, market conditions are being long term bullish from positive quantitative data and macroeconomic indicators. This trend suggests a continuing upward trajectory in asset prices. Strategic Investment Perspective Given these factors, the current market pullback presents a compelling opportunity for long-term investors. Elon Musk’s leadership and vision are integral to Tesla's enduring value, irrespective of temporary market fluctuations. It's critical to navigate through the near-term volatility and consider the broader strategic narrative. While market manipulation by large institutions like BlackRock may create short-term pressure, these forces are likely transient. Therefore, taking a long position on Tesla amidst the dip could prove advantageous, as the company's fundamental strengths and strategic direction remain intact.Longby WagsCapitalPublished 3315
TESLAMy opinion tesla in some corection here which might be wave 4 on htf. i would be looking for the previous lows liquidity. otherwise we could hold thies level we are at right now and break the trendline to go upsideby Trader_PoloUpdated 6
TeslaTesla is currently ranging, seeeking BSL, may drop to $120 even $115 just to rebalance the price and to retest BoS that has formed at that price level. Price is still in a bearish trend ,that's the reason for my opinion on my analysis, It may do otherwise by continuing higher. Longby ettiennebooysPublished 1
TSLA : Trend and PatternIn the chart NASDAQ:TSLA Sideways trend. Flag pattern is estimated. 160- may act as a strong support. by AbirstockPublished 117
TSLA GETTING READY FOR WAVE 3 BULL RUNThe weekly volume downtrend has started to show signs of a shift on the last low, which found confluence with the .786 retracement, which is a common wave two target. That said, if the shift continues, I would expect TSLA to start a aggressive move to the upside.Longby BlueLineTradingLLCPublished 11
TSL4 1s skyn3t w1th 0pt1mus?H3ll0.TSLA h4s f4ll3n 6O p3rc3nt s1nc3 1ts 4TH. 1t 1s th3r3f0r3 cl0s3 t0 4chieving 1mpuls1v3 w4v3 tw0.by Le-tradeur-de-fortune-and-coPublished 2
$TSLA Algorithm Momentum Indicator Buy Alert Coming?We are long-time stockholders of Tesla, and we believe in Elon Musk and the future of Tesla. However, we are waiting to accumulate TSLA stock once we receive a buy alert.Longby AlgoTradeAlertPublished 2
Tesla at a Crossroads: Slowing Growth But High Future HopesTesla, the world's leading electric vehicle manufacturer, is presenting a mixed picture to investors. While the company is still experiencing revenue growth, profitability remains a challenge, and the stock price has dipped significantly in the past year. Growth on Autopilot? Tesla's revenue has grown 10.12% year-over-year, reaching $94.75 billion over the trailing twelve months. However, this growth has slowed down compared to historical levels. Earnings in the Red A major concern for investors is Tesla's current lack of profitability. The company reported a negative EPS (earnings per share) of -$22.67 over the past year. Despite a positive gross margin of 17.78%, high operating expenses seem to be eating into their revenue. Is the Stock Overvalued? Tesla's P/E ratio (price-to-earnings ratio) sits at a high 45.49. This suggests the stock might be overvalued based on current earnings. However, the forward P/E of 54.06 hints that investors are anticipating significant future growth. Other Signs to Consider The analyst recommendation for Tesla is currently a cautious 2.62, leaning towards a "Hold" position. The high beta of 2.31 indicates the stock is more volatile than the overall market. Short interest, at 3.65%, suggests some investors are betting on a decline in the stock price. A Look Ahead Tesla's future hinges on its ability to improve profitability. Can the company achieve consistent earnings and justify its current valuation? Maintaining its historical growth rates and navigating competition from other EV manufacturers will also be crucial factors. Overall, Tesla remains an intriguing but risky investment. Investors should carefully consider the company's financial health, future prospects, and their own risk tolerance before making any decisions. Disclaimer: This content has been automatically generated by an AI system and should be used for entertainment purposes only. It should not be used for any other purpose, such as making financial decisions. The information provided may contain errors, inconsistencies, or outdated information. It is provided as-is without any warranties or guarantees of accuracy. We disclaim any liability for damages or losses resulting from the use or reliance on this content. by Aitch-TPublished 1
TSLA UPDATE: Large Buy Volumes but Large Supression of Price Tesla seems to have good spikes of buy volume. It is currently in trajectory to retest the 4hr 35 day EMA, which is in between the 50 and 100 EMAs. There seems to be a massive beam of support at that area. It also symbolizes ultimate price stability when the stock is no longer creating wave patterns. Longby BitcoinGoku1000Published 2
$TSLA what will it be?NASDAQ:TSLA Will it fill the gap below around $150 or launch to $210? 👀by PaperBozzPublished 3
TSLA - Weekly Symmetrical TriangleA symmetrical triangle is forming on this TSLA chart These tend to break to the upside. The white lines are strong trend lines if the triangle ends up breaking down Bullish stock choice. by BixleyPublished 2213
TESLA STOCK: WHEN WILL WE RALLY? (JUNE 14, 2024 Update)An update to my last Tesla video I made on May 21. Following the shareholder meeting, sentiment has improved substantially BUT Tesla must clear this hurdle before entering a multi year rallyLong19:13by JonaliusPublished 11
Time to redirect.Tesla remains a contentious stock with high potential for both upside and downside, making it a focal point for investors interested in the EV sector and innovative technologies.by Super_B_XinRPublished 2
Tesla Restet seting up for new uptrendHere is quite visible how tesla tested its support recently. As it had been mentioned on a previous idea, this level has become a critical one for short term price action. However, seeing price swing up in this manner and then finding support in the 2 moving averages, I find it hard to believe price will drop back to test the structure. If structure is broken, then price will indeed go lower. But I don't think that will be the case. Most likely, we are about to enter an uptrendLongby DarkMessiah777Published 2
Can Humanoid Robots Propel Tesla to a $25 Trillion Market Cap?Elon Musk's Optimus Gambit: Can Humanoid Robots Propel Tesla to a $25 Trillion Market Cap? Elon Musk, the ever-optimistic CEO of Tesla, sent shockwaves through the financial world at the company's 2024 annual shareholder meeting. He claimed that Tesla's humanoid robots, codenamed Optimus, have the potential to skyrocket the company's market capitalization to a staggering $25 trillion – a figure exceeding half the current value of the entire S&P 500! This ambitious statement has ignited a firestorm of debate, with analysts and investors left to ponder the feasibility of Musk's vision. Tesla's current market cap sits around $580 billion, a significant achievement but a far cry from Musk's $25 trillion target. To reach that level, Tesla's stock price would need to undergo a monumental increase. For context, the entire S&P 500, a collection of the 500 largest publicly traded companies in the US, boasts a market cap of $45.5 trillion. For a single company to surpass half that value signifies a monumental shift in the technological and economic landscape. Musk's optimism hinges on the capabilities of Optimus robots. These machines, still under development, are envisioned as general-purpose humanoid robots capable of a wide range of tasks. At the shareholder meeting, Musk offered glimpses of a future where Optimus robots seamlessly integrate into human lives, performing everything from domestic chores and factory work to potentially even childcare and education. If Tesla can deliver on these promises, the ramifications could be immense. Imagine a world where tireless robots handle repetitive and potentially dangerous tasks, freeing up human labor for more creative and strategic endeavors. Manufacturing could be revolutionized, with robots handling intricate assembly lines with unmatched precision and efficiency. The potential economic benefits are undeniable, and this is likely the vision that fuels Musk's bullish prediction. However, skepticism abounds. Critics point to the numerous hurdles Tesla needs to overcome before Optimus can become a reality. Developing truly versatile and capable humanoid robots remains a significant technological challenge. The cost of production, the robots' safety and reliability, and the impact on human employment are all significant concerns that need to be addressed. Furthermore, some analysts argue that Musk's $25 trillion target is simply unrealistic. While Optimus robots hold promise, it's difficult to envision a scenario where they single-handedly propel Tesla to such an unprecedented valuation. The overall market size for humanoid robots and the timeline for widespread adoption are significant uncertainties. Despite the skepticism, Musk's vision should not be entirely dismissed. Tesla has a history of disrupting industries, and its track record in electric vehicles and autonomous driving is undeniable. If Optimus lives up to its potential, it could become a game-changer, not just for Tesla, but for society as a whole. The coming years will be crucial in determining the fate of Musk's audacious claim. Tesla will need to demonstrate significant progress on the Optimus project, effectively navigate the technical and ethical challenges, and convince investors of the robots' transformative potential. Whether Optimus becomes the key to a $25 trillion Tesla or remains an ambitious dream is a story that will continue to unfold. by bryandowningqlnPublished 0
Super Hightimeframe Long Setup $232 soon?With perfectly finishing our light blue sequence inside our weekly (purple) turning area, I believe the downtrend is over, and we climb higher in the long run. However, I'm waiting for a pullback to enter a position, mapped out the trade for you. Will first TP at $232Longby xSamu_TAPublished 0