Did your Furu have this one? #DIAMOND #Island #WhiteBoySummerHighlighted the diamond for clarity in case anyone had doubts ;) Last post of June, need 1k followers to come back. 200C 7/19 = Free Vacation - Prophecies Longby Prophecies_R_UsUpdated 5
TESLA: Expecting Bullish Continuation! Here is Why: The price of TESLA will most likely increase soon enough, due to the demand beginning to exceed supply which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️Longby UnitedSignals113
TESLA - LONG TESLA is in downtrend since july 2023. Currently the price has given the breakout from falling wedge with bullish div and now seems like the bulls are getting ready for some strong upside movement. If the market continue to trend higher , the next optimum target could be 215-217 followed by 238-241.Longby ZaiwajTraderUpdated 8
Investment Idea: Buy Tesla (TSLA) at $176.91 Due to Strong .....NASDAQ:TSLA (TSLA) is a leading American electric vehicle (EV) and clean energy company, founded by Elon Musk, JB Straubel, Martin Eberhard, Marc Tarpenning, and Ian Wright in 2003. Tesla has not only revolutionized the automotive industry but has also made significant strides in energy storage and solar power. Company Overview: Founded: 2003 CEO: Elon Musk Headquarters: Palo Alto, California Industry: Automotive, Energy, Technology Products: Electric Vehicles: Model S, Model 3, Model X, Model Y, Cybertruck, Roadster Energy Solutions: Powerwall, Powerpack, Solar Roof Autonomous Driving Technology: Autopilot, Full Self-Driving Stock Performance: Historical Performance: IPO Date: June 29, 2010 IPO Price: $17 per share Initial Market Capitalization: ~$1.7 billion Tesla's stock has experienced significant volatility and substantial growth, becoming one of the most valuable companies in the world. Key Milestones: 2012: Launch of Model S 2015: Launch of Model X 2017: Launch of Model 3 2020: Tesla becomes profitable for the first time on an annual basis 2020: Inclusion in the S&P 500 Index Recent Performance (2023-2024): Tesla's stock has fluctuated in response to quarterly earnings reports, delivery numbers, regulatory changes, and market sentiment regarding EV adoption and sustainability. Financial Overview: Revenue and Earnings: Revenue (2023): $81.46 billion Net Income (2023): $8.89 billion Revenue and profit growth driven by increasing vehicle deliveries, expansion into new markets, and growing energy segment. Balance Sheet: Total Assets (2023): $94.7 billion Total Liabilities (2023): $56.3 billion Strong balance sheet with substantial cash reserves and manageable debt levels. Market Position and Competition: Market Share: Tesla is a market leader in the EV sector, holding significant market share in North America, Europe, and China. Growing competition from traditional automakers (e.g., Ford, GM) and new entrants (e.g., Rivian, Lucid Motors) in the EV market. Competitive Advantages: Brand Strength: Strong consumer loyalty and brand recognition. Technology: Advanced battery technology, Autopilot, and Full Self-Driving capabilities. Production Efficiency: Gigafactories enhancing production capacity and reducing costs. Sustainability: Commitment to sustainable energy solutions. Risks and Challenges: Market Risks: Economic Conditions: Macroeconomic factors affecting consumer spending and investment. Regulatory Risks: Changing government policies and incentives for EVs. Supply Chain Issues: Dependency on critical materials (e.g., lithium, cobalt) and potential disruptions. Company-Specific Risks: Leadership: Dependence on Elon Musk's vision and leadership. Competition: Intensifying competition from established and new players in the EV market. Technology: Rapid technological advancements requiring continuous innovation. Future Outlook: Growth Opportunities: New Models: Upcoming launches (e.g., Cybertruck, updated Roadster) to drive demand. Global Expansion: Expanding presence in key markets (e.g., China, Europe, India). Energy Business: Growth in energy storage and solar products. Autonomous Driving: Advancements in Full Self-Driving technology. Strategic Initiatives: Capacity Expansion: Building new Gigafactories to increase production capacity. R&D Investment: Continuing investment in research and development to maintain technological edge. Sustainability Goals: Advancing towards zero-emission goals and enhancing renewable energy solutions. Conclusion: Tesla remains a dominant force in the EV market and a pioneer in clean energy solutions. Its stock performance reflects its growth potential, technological advancements, and market leadership. However, investors should consider the inherent risks and market dynamics when evaluating Tesla's stock. At the price of $176.91, Tesla presents a compelling investment opportunity based on its strong fundamentals and growth prospects. As Warren Buffet says intinsic value, at our price 176.91 it is fair to undervalued. This Price is also based on Smart Money Concept! Please follow, like and share to your friend!! by smarttrader012117
Complex Correction...Looking over counts for the bear case here and I think it's a double three style correction - if so we should complete this sometime next year in our orange box gl.Shortby Swoop61110
$TSLA - Back to $180 before ATH for christmasInstitutions targeting $180 publicly moving status to sell this week. Kamala taking office. Shorts biting at the bit. Regression channel shows it has moved into bear territory. Stochastics show a reversal from being over sold, but indicators still say bearish. My idea is that it hits the fib at 244 and turns it into resistance as it consolidates back down to 180 as big money has predicted. October - big AI release on their part. Look what happened to apple after their AI keynote. I predict similar after a bloody intro into fall. So, once it gets back to sell, i predict big money changes prediction to hold or enter, and it moves back to all time highs for christmas. Not the most creative ghost path I've drawn but the way down i'm interested in tracking.Shortby mike-ai-automation0
Do you think the price of Tesla will be lower? Do you think the price of Tesla will break the triangle pattern and see lower prices? Join me and follow this analysis.Shortby hamidreza_FXUpdated 191943
TSLA weekly chart shows confluence.NASDAQ:TSLA weekly chart shows that it is coming into key demand areas around $205 to $215. The weekly chart shows a Wyckoff accumulation phase since the 2021 all-time high at $414.50, with a spring during Phase C at the recent lows below $140. This corresponds to the bottom of the cup, with Phase D of accumulation corresponding to the handle. A close over the weekly 200 SMA, currently at $232, will give room to the weekly 150 SMA supply. Reclaiming these weekly supply zones may lead to a break of the weekly handle, and a push up to the final weekly supply zones of the weekly upper Bollinger Band and upper weekly 100 linear regression channel ahead of $300 during Phase E, which may start at the end of this year or into next year. The trade is invalidated below the weekly 20 SMA, which is currently at $187.Longby DMT_DoctorUpdated 445
TESLA | TSLA ideaTESLA | TSLA idea EMA100 $145 is support , below this we can expect $127/$115 and immidiate reversal to $145 will confirmation of support at 0.236 and from there we can expect long term tgt for $656 Below $115 - $82/$45 is support by XDataAnalystUpdated 114
TSLA perfect retestTSLA had a perfect retest of the macro wedge breakout. After the golden Fib rejection we came right back to the circle I had drawn. These wedge breakouts LOVE to give profits back. This is why you exit if you are in a short-term trade, and dont get greedy. I was able to sell my LEAP call for almost 100% profit thanks to this philosophy. I note a bottoming stochastic RSI here, and a slamming of key support that held, I think we pivot upward here. -My strategy here was to layer in TSLL puts as we go lower Longby Apollo_21mil0
What Are Bullish and Bearish Breakaway Candlestick Patterns?What Are Bullish and Bearish Breakaway Candlestick Patterns? Candlestick patterns are a vital tool for traders, offering insights into market sentiment and potential price movements. Among these formations, breakaway patterns are particularly notable for their ability to signal trend reversals. This article delves into the specifics of these formations, explaining how to identify, interpret, and apply them in trading strategies to potentially enhance trading outcomes. Understanding Bullish and Bearish Breakaway Candlestick Patterns Bullish and bearish breakaway candlestick patterns are essential indicators used by traders to identify potential trend reversals. These patterns consist of five specific candlesticks and offer insights into the market's shifting dynamics. Bullish Breakaway Pattern A bullish breakaway signals the potential end of a downtrend and the beginning of an uptrend. It comprises five candlesticks: - First: A large bearish candle, indicating strong selling pressure. - Second: A smaller bearish candle, showing a continuation of the downtrend but with reduced intensity. There is also a gap. - Third: Another bearish/bullish candlestick, typically smaller than the second, suggesting further weakening of the downtrend. - Fourth: A smaller bearish candle, hinting at a possible reversal. - Fifth: A large bullish candle that closes within the gap between the first and the second candles. The signal is stronger if the candle closes above the high of the first candle. Bearish Breakaway Pattern A bearish breakaway indicates the potential end of an uptrend and the beginning of a downtrend. It also consists of five candlesticks: - First: A large bullish candle, showing strong buying pressure. - Second: A smaller bullish candle with a gap up, indicating a continuation of the uptrend but with decreased momentum. - Third: Another bullish/bearish candle, typically smaller than the second, suggesting further weakening of the uptrend. - Fourth: A small compressed bullish candle, signalling a possible reversal. - Fifth: A large bearish candle that closes within the gap between the first and the second candles. The signal is stronger if it breaks below the low of the first candlestick. Criteria for Identifying Breakaway Patterns When identifying breakaway patterns, traders look for specific criteria: - Trend Context: Both formations occur after a defined trend—a bullish breakaway after a downtrend and a bearish breakaway after an uptrend. - Candle Sizes: The first candle is always the largest, showing strong market sentiment in the trend’s direction. The subsequent candles typically decrease in size, indicating a weakening trend. - Confirmation Candle: The fifth candle is crucial as it confirms the reversal. It must close within the gap between the first and the second candlesticks. These patterns are valuable for traders as they provide early signals of potential trend changes, allowing for more strategic planning and analysis. To get started spotting your own patterns, head over to FXOpen’s free TickTrader platform to explore real-time forex, stock, and cryptocurrency* charts. Caveats to the Pattern While these rules represent the ideal breakaway formation, there can be some flexibility. For instance: - Candle Sizes: The first candle should be the largest and the next three smaller. However, the middle three don’t necessarily need to be consecutively smaller, just smaller than the first. - Transition Candle: If the fourth candle shifts colour (bullish for bullish breakaway, bearish for bearish breakaway), this can add confirmation that a potential reversal is underway. - Closing Beyond the First Candle: While the fifth candle closing beyond the first is preferable, it’s also acceptable if the following (sixth) candlestick is the one that closes below the first. The idea is that the final movement of the formation engulfs the prior candlesticks, signalling a reversal. - Gaps: A gap between the first and second candle indicates momentum before the subsequent reversal, implying that the reversal may have more strength behind it as traders buying the top/selling the bottom exit their positions. Gaps may be visible on daily charts (especially in stocks) but not on intraday charts or in more liquid assets, meaning they are not essential. Interpreting the Breakaway Pattern Interpreting breakaway patterns provides traders with valuable insights into potential market reversals. These formations indicate a shift in market sentiment and offer signals for possible trend changes. Inferences from Breakaway Patterns - Shift in Momentum: A bullish breakaway candlestick pattern suggests that bearish momentum is weakening, and buyers are gaining control. Conversely, a bearish breakaway indicates that bullish momentum is fading and sellers are taking over. - Market Sentiment: The appearance of the final large candlestick signifies a strong sentiment shift. In bullish formations, it shows increasing buyer confidence, while in bearish formations, it highlights growing seller dominance. - Potential Entry and Exit Points: Traders often use these formations to identify potential areas for entries, aligning with broader market analysis and risk management plans. Key Considerations - Context Matters: Breakaways are more reliable when they occur after a well-established trend. Identifying the prevailing trend's strength and duration may enhance their validity. - False Signals: Not all breakaway patterns result in significant reversals. Market conditions, news events, and broader economic factors can influence outcomes, so it's crucial to consider these elements. - Confirmation: Waiting for the fifth candle to complete is essential. Premature conclusions based on incomplete patterns can lead to inaccurate interpretations. Applying the Breakaway Pattern in Trading Strategies Incorporating the breakaway pattern into trading strategies involves looking for additional confluence, using momentum indicators, and employing sound risk management practices. Additional Confluence Traders look for other factors to confirm the validity of the pattern: - Shift in Fundamentals: A significant news event or change in economic conditions can support its signal. - Support and Resistance Levels: The pattern may be more reliable if it occurs near key support or resistance levels, indicating a stronger potential reversal. - Volume Analysis: Increased trading volume during the subsequent reversal adds credibility. Using Momentum Indicators Momentum indicators can provide further confirmation: - Average Directional Index (ADX): ADX is commonly used to identify the strength of the trend. Low numbers coinciding with the pattern strengthen the signal of a trend change. - Commodity Channel Index (CCI): As the breakaway formation often appears at the end of a trend, CCI might show that the price is overbought (bearish breakaway) or oversold (bullish breakaway), supporting the reversal. - Momentum: Divergences between price action and the indicator can be powerful confirmation tools, indicating a potential reversal. Entries and Risk Management Traders typically enter a trade once the price closes beyond the high (bullish) or low (bearish) of the first candle in the pattern. Some traders might wait for an additional candle to confirm the reversal. Stop Losses Placing stop losses just beyond the high (for bearish) or low (for bullish) of the formation helps potentially manage risk. Profit Targets Profit targets might be set using several methods: - Risk/Reward Ratio: At a favourable ratio, such as 2:1 or 3:1. - Support and Resistance Levels: Targeting the next significant support or resistance area where a reversal might occur. - Technical Indicators: Exiting based on signals from indicators, such as RSI crossing into the overbought territory after a bullish entry. The Bottom Line Understanding and applying breakaway patterns can potentially enhance trading strategies by providing early signals of trend reversals. For traders looking to implement these techniques, opening an FXOpen account offers a robust platform to explore this and other advanced trading strategies. FAQs What Is the Bullish and Bearish Breakaway Pattern? The bullish and bearish breakaway patterns are five-candle formations in technical analysis that signal potential trend reversals. A bullish breakaway occurs at the end of a downtrend and indicates a possible shift to an upward trend, characterised by a sequence of weakening bearish candles followed by strong bullish ones. Conversely, a bearish breakaway appears at the end of an uptrend, suggesting a shift to a downward trend, marked by diminishing bullish candles followed by decisive bearish ones. What Is the Bullish Reversal Candlestick Pattern? It is a formation in technical analysis that signals a potential shift from a downtrend to an uptrend. It typically occurs at the bottom of a downtrend and is characterised by single or multiple candlesticks indicating that buying pressure is increasing, suggesting that the asset's price may start to rise. Common examples include the hammer, bullish engulfing, and morning star patterns. What Is the Bearish to Bullish Reversal? The bearish to bullish reversal is a shift in market sentiment where the trend changes from downward to upward. This indicates that selling pressure is decreasing and buying pressure is increasing, suggesting a potential rise in the asset's price. This reversal can be identified through various technical analysis tools that signal the end of a downtrend and the beginning of an uptrend. *At FXOpen UK and FXOpen AU, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules and Professional clients under ASIC Rules, respectively. They are not available for trading by Retail clients. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.Educationby FXOpen22171
Tesla (TSLA) .. Dueling HarmonicsA crap shoot given managements ability to play with earnings. This could go either way .... or not. I won't even try to handicap. Lets watch on the sidelines and perhaps go with the flow ! This is a 30 minute chart !! S by Steve666Updated 7
Tesla --- Wait for bottom BuyMy fav Share is again forming BULLISH pattern and is about to hit bottom.... I am expecting a huge upside again :-) GautamLongby GautamKhanna225
Tesla ... Bottom Buy !!!Tesla a bottom buy forming Bullish pattern in long term !!!!Longby GautamKhanna4
TSLA 7/27Tesla (TSLA) on a 1-hour timeframe shows several key technical elements: Trend and Price Action: The price has been in a downtrend, with a recent attempt to recover. There is a visible downtrend line connecting the recent highs, suggesting resistance. The current price is around $224.71, with a recent low of approximately $195.27. Volume Profile: The Volume Profile indicates a high concentration of trading volume around the $224.70 area, which could act as a significant support or resistance level. The Value Area Low (VAL) is at $224.55, and the Value Area High (VAH) is at $224.79, indicating a narrow range of significant volume concentration. Moving Averages and Indicators: The MACD (Moving Average Convergence Divergence) at the bottom shows recent bullish crossover, suggesting potential bullish momentum. Volume bars indicate varying levels of trading activity, with a spike in volume near the recent low. Support and Resistance Levels: Immediate resistance levels are around $249.89, $255.86, and $260.00. Immediate support levels are around $224.70 and $224.55, with stronger support around the recent low at $195.27. Technical Analysis Summary Bullish Indicators: The MACD bullish crossover indicates potential for upward momentum. The price has recently bounced from a low and is attempting to break through resistance. Bearish Indicators: The overall trend has been downward, and the price is still below key resistance levels. The narrow range of the Volume Profile at the current price level suggests potential for volatility. Trading Strategy Bullish Scenario: If the price breaks above the resistance around $224.79 with strong volume, it could indicate a potential move toward higher resistance levels around $249.89 and $255.86. Monitoring the MACD for continued bullish momentum and the volume for confirmation is crucial. Bearish Scenario: If the price fails to break above the resistance and starts to decline, it could retest the recent support levels around $224.55 and potentially the recent low of $195.27. Watching for a bearish crossover in the MACD and an increase in selling volume can confirm this scenario. Conclusion Currently, TSLA is in a critical zone around the $224.70 area. Breaking above or below this range with significant volume will likely set the next directional move. Traders should monitor these levels closely and look for confirmation signals from volume and momentum indicators.Longby BullBear-Insights6
TSLA: Time to React? (D&H charts).As we warned in our last study, resistance at 265 was extremely dangerous, and prevented the uptrend from persisting. In addition, TSLA's price lost critical support levels, which reversed the trend in the short term, materializing the pullback on the daily chart that I mentioned in my last public study here on Tradingview, the link to which is below this post. Now, TSLA's price is trying to react around its support level near the open gap at 213.23. If TSLA fails to materialize a bullish reversal at this support area, we can expect more bearish continuation, and the next target would be 205.30. So the timing is critical, and it all depends on how TSLA closes this week. 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 All the best, Nathan. by Nathan_The_Finance_Hydra13
Covered call on TSLA Love this chart. This gap down is SEMI bullish, but we have some time to wait on this and I'm excited to see TSLA grow higher into $300 towards end of year. Longby Reallifetrading6
$TSLA i think tesla is about to reach the skies.-Support zone has been hit -Critical support level for tesla -Teslas new Robotaxi and new AI are being added - Fibi area of 0.618 has been hit LETS MAKE PROFITS!!!!!!!!!!!!!!!!!!!!Longby taskyaul3
$TSLA Tesla Trendline test coming upThe medium term downtrend was broken and we are headed back to test that breakout at $228. With the volatility in this share it wouldn't surprise me if we close the gap at $213 as part of the trendline test. If the trendline holds it could offer another buying opportunity. Earnings expected on 23 July and this remains a speculative buy.by KoosKanmarUpdated 0
Cup & HandleStart forming a Cup & Handle pattern. Waiting for the handle to form and as well the confirmation when breaking the upper resistance trendline on the handle Target: in the area of $440 - 470Longby NiVaGuUpdated 5
TSLA: BUY THE DIPTSLA: BUY THE DIP -Demand zone support. -Key level support. -Fibo golden zone retracement at 0.618. . US STOCKS- WALL STREET DREAM- LET'S THE MARKET SPEAK!Longby phanvinhhai117
TSLA does the upcoming RoboTaxi announce change things LONGTSLA has the accouncement upcoming. Price will pump for sure. Will it then dump or change the trend altogether? The forecasts are there. The tea leaves and crystal balls will tell the rest of the story. In the meanwhile, I will take long trades to play this in the immediate term. One million taxis making $250 / per day every day per each is serious potential future growth perhaps at the expense of UBER and LYFT which may get a bearish bias in the short term on this upcoming announcement. Playing the news sometimes works.Longby AwesomeAvaniUpdated 5512
TSLA basing on its volume profile for a trade LONGTSLA on the highly reliable weekly chart is at the bottom of its volume profile in the lower part of the high volume area. The TTM Squeeze Indicator ( TTM = Trade the Market John Carter) has printed a signal for four weeks. The RSI faster and slower lines are near to the 50 level. The mean relative volatility has steadily decreased and this is in an increasing squeeze state. This is a setup for a patient trader to take a position in a swing trade. I am looking for a trade into the upper part of the high volume area and so to the 240-280 range. I will get some shares as well as a few call options for November (ITM). TSLA will be subjected to a number of variables making the trade a bit risky including the Musk compensation battle, the China economy, competition with Chinese EVs in Europe, federal rate actions and the presidential elections as well as the evolution of self-driving. It is TSLA's volatility that makes it a great trade. My entry signal here is a TTM indicator going black to white. Longby AwesomeAvaniUpdated 7