TSLAIt just finished the Price Corrextion and it takes some time to $414
becauese of " Time Correction period" .
But It will start the 5th Elliot Wave.
TL0 trade ideas
TSLA - $350 Magnet Update to my previous post, looking for for a nice technical bounce in March... would not want to be short here
Chart speaks for itself, with key pivot points shown. I'm out at $350 and will consider going short again there... otherwise take profits at $330 if bulls run out of steam
TSLA - TP#1 308-312TSLA dipped -40% into the support zone of the presidential election. This is monthly. I expect to rise towards #325 and a chance to TP in between without waiting.
I bought at $289.
Important Support and Resistance Zone: 252.75-268.07
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(TSLA 1M chart)
The 252.75-268.07 zone is an important support and resistance zone.
If it falls below 252.75, it is likely to fall to around 173.22.
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(1D chart)
In order to turn into an uptrend, it must rise above the M-Signal indicator on the 1D chart.
Therefore, the key is whether it can be supported and rise near the M-Signal indicator on the 1M chart.
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Thank you for reading to the end.
I hope you have a successful trade.
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TSLA is very close to a buy - $268 , 2-3 days ? Continuing coverage on TSLA. See other previous charts. Zeroing in on $268 as a good entry point. $249 is a stop loss for now. We are about 90 days early in time for a bottom. So caution and stops are warranted. Much lower prices are certainly possible Especially with the correction in the Nasdaq that is underway. Murrey Math, Elliotwave , Kumarwave all in play in this forecast. Posts and Dm's always welcomed. Good Luck.
Tsla bounce incoming?NASDAQ:TSLA
After a hard pullback on tsla since reaching new highs on dec24, it has now retraced to the .5 fib from dec22 lows.
Both macd and rsi are on oversold conditions and we just bounced on the last support/resistance flip zone.
$TSLA testing new lows, Downside not complet yetAfter hitting an ATH NASDAQ:TSLA has lost the momentum. In this blog space we already propagated the idea that there is some more downside until the reaches the 200 Day SMA. We see that NASDAQ:TSLA stock has lost the 20 Day, 50 Day and 100 Day SMA and the next stops are the 200-Day @ 276 $.
But if we look at the Fib Retracement then the levels @ 0.618 with price 273 $ and the Fib level @ 0.786 with a price 215 $ are the key support level. If it reverts back to the 0.786 Fib level then it will loose all its election related gains.
But in contrast S&P 500 and NASADAQ100 are consolidating and not breaking down as $TSLY. So, we might see NASDAQ:TSLA underperforming the NASDAQ:QQQ over the next few weeks.
Long AMEX:TSLY between 250 $ and 200 $.
TSLA: pullback for a next round!TSLA: pullback for a next round!
-ABCD pattern.
-Key level and demand zone support.
-Logical volume and spread!
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US STOCKS- WALL STREET DREAM- LET'S THE MARKET SPEAK!
TSLA ANALYSIS!Tesla stock is approaching the green support zone 🟩. There is a potential bounce up 📈 as buyers could step in again with increasing trading volume.
TSLA swing trade ideaTSLA had the same setup today as other posts I have made. I have already cashed out on this position and leaving only few. Intraday profits were nice and intraday targets were met, so this trade is risk free as first target has already been reached. This seems to be a long and time consuming trade but the reward is there. Rejection from weekly sellside ineffieciency buyside imbalance with further displacement in ltf will give further confluence on the trade. There maybe entry opportunities next week as price may retrace to inefficiencies. The draw seems to be pretty obvious on the weekly time frame. We will need to see if it delivers, if it does deliver how and when.
Tesla short Target 343Tesla is looking weak and trend is also negative. After analyzing it i found that it will touch 342(target) shortly.
OMH or did we peak at $488? [4hr timeframe idea]OK so I'm going to update this idea over the coming days to give more explanation/hash out some more thoughts, but for now, here is where I'm at.
Here is a bigger picture of the idea, showing previous peaks and how they cycled down (red arrows).
Based on the bottom left example of a Wyckoff pattern found on BTC, we've got one more high before the real downfall cycle begins.
If the top is in (which it could be based on the top left example and us hitting the resistance], the down cycle (red arrow) is already in motion.
I'm leaning towards OMH as it stands, which if the white channel is anything to go by for now, we are looking at $600+ range.
Both are valid ideas IMO, though let me know if you think otherwise/I've missed something :)
Shorting Teslathis is what my roadmap looks like. 5 more % green this week. sell order close to Sl (the lines)
2 scenarios as you see. I will update you later in the comments
TSLA Week Feb 17th PlanDaily chart looks very bearish to me still.
We closed the the week with a perfect hammer candle. Same for the daily chart. Hammers are great fro trapping newbies. I will be looking to short (Buy TSLQ) when TSLA breaks the 362 area. Keep buying until we reach the 370 - 375 area with a stop around 380. By the time we reach the 370 area, I will sell a collar to protect my position
TESLA SWING LONG IDEA - TSLA We had a great run on Tesla after Trump's election, which boosted the idea of Robotaxi and green earnings over time.
If you follow me on X, you would know that I have been buying Tesla since the $204 level (August 5th crash). We had a great run from there to $490.
Currently, we have seen a 33% retracement from the top.
The price hit the weekly demand zone and showed a strong rejection there (forming a weekly dragonfly doji).
I have started to build a swing position from this level to ride Tesla to new all-time highs.
The first challenge will be the bearish trendline that has been driving the bearish trend since December 18th. Breaking that trendline should lead to new highs, in my opinion.
If the price breaks and closes below $300 on the daily chart, it will invalidate my setup, and I will look to exit the position.
TSLA: Buy ideaOn TSLA we would have a high probability of having an uptrend after a rebound on the support line by sellers. This upward trend will also be confirmed by the strong breakout of vwap.
Tesla short on earningthe chart says it needs to reach $320-$300 zone. risky but less risky for short
Opening (IRA): TSLA March 21st 305/2x315/320 BWB*... for a 1.25 credit.
Comments: I don't do these very often, but decided to putz with one here. The setup consists of two parts -- a long put vertical (the -315P/320P) and a short put vertical (the 305P/-315P), one of which is wider than the other. I wrapped it around the 30 delta/expected move strike at the 315 and erected wings out from there.
Although the ROC at max is sexy and alluring, it is illusory, since it would require a finish between the break even at 308.75 and 315 which is a fairly small landing pad when you've launched your rocket from 38 days out in time. Consequently, you generally want to look to take profit either at 50% max of the credit received or for something decent, but far less than the max if presented with the opportunity.
From a trade management standpoint, these generally work or they don't, although I will consider rolling up the 305 put to the 310, assuming I get an opportunity to do so for a debit that is less than the credit received. This would convert the setup into a "free fly," since both wings would be of the same width (i.e., the max loss of the short put vertical would be equal to the max loss of the long put vertical).
Metrics:
Max Profit: 6.25
Max Loss/Buying Power Effect: 3.75
ROC at Max: 167%
Break Even: 308.75/share
* -- Broken wing butterfly.
Long term great short term spicyExpanding fractal shows us we could see 190. A great buy for all that didnt buy the first 100 or 140.
TESLA ($TSLA) "Long" -$600-Tesla (TSLA) on the 4-hour chart.
First thing to mention: Weekly Close in 2days about might print a 2nd Doji.
Key Support and Resistance Levels :
The price is currently testing a crucial support level around $350.
Orange Block, 15min unfilled gap. If we take it out and don't lose Cyan trendline I might even add to the trade.
Dotted Cyan lines, 4h resistances
Price might go to $470 or even new high then do retracement to stop out late Longs.
At $620, Projection of past price. I'll be 90% out before this.
If the price breaks above the cyan trend line and holds above $385 it could signal a bullish reversal.
Conversely, if the price fails to hold above these levels and drops below $350, it may continue its downward trend.
Keep an eye on volume during any breakout attempts. Higher volume can confirm the strength of the move.
Monitor key psychological levels like $400 and $500 for further confirmation.
Price target 260I believe tsla is headed to 260 that is where we have support against longterm uptrend.
nfa.
thanks
TSLA Short - IntradayWith bearish indices, and displacement in TSLA on H4 time frame the narrative was bearish sentiment from that point of interest. As soon as I saw rejection from the POI, I waited for confirmation of my setup in the 15m and entry on the 5m, with 1: 3.3 risk to reward. The RR target was based on the sell stops resting below creating liquidity with Previous Day Low and Sellside Liquidity.
Fractals are the past present and futureTSLA long term is great. Short term we are due for a choppy setup.
