Tesla - Back inside the channel?As long as Tesla stays inside the channel, there is a risk that we will visit the lower channel line. Not financial advice.Shortby mi_khan4
Weekly Market Wrap With Gary Thomson: 7 - 11 OctoberWeekly Market Wrap With Gary Thomson: Hang Seng Index, XAU/USD, Microsoft and Netflix Shares Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights. - Hang Seng Index (HSI) Drops Nearly 10% Today - Analysis of XAU/USD: Gold Price Drops to a Two-Week Low - Microsoft (MSFT) Shares Drop Over 3% This Month - The Netflix (NFLX) Share Price Has Reached an All-Time High Stay in the know and empower yourself with our short, yet power-packed video. Watch it now and stay updated with FXOpen. Don't miss out on this invaluable opportunity to sharpen your trading skills and make informed decisions. 🌐 FXOpen official website: www.fxopen.com CFDs are complex instruments and come with a high risk of losing your money.09:10by FXOpen5
TSLA BULLISH Tesla's recent event showcased the Cybercab and Robovan, advancing its vision of autonomous transport, but it left investors questioning the practicality and timelines. This skepticism led to mixed reactions and a drop in Tesla's stock. But is the media framing this as purely bearish news to trigger a reaction, or does it present a strategic buying opportunity? Our Supply and Demand Analysis Perspective: >On the Weekly chart, Tesla’s price drop landed right in the Weekly Demand Zone, indicating a value area where price is relatively low. This positioning suggests that last week’s news may have actually created an ideal entry point for investors. >The Daily chart also shows the price hitting a Demand Zone due to the news, making it a potentially opportune time to buy as Tesla continues to achieve milestones in autonomous tech. What’s Next?: >Price could consolidate within the Demand Zone, allowing for accumulation, or it might rally right away, responding to demand in this price area. We’ll also be watching for the price to target opposing gaps and the Supply Zone identified on the chart, which could serve as key levels for future resistance. ***As always, trade safe and make sure to do your due diligence when analyzing the charts.*** Let’s see how this plays out... 👀👀Longby TradersPod3
Tesla UpdateLast Friday price action pretty much went how I forecasted. I mentioned before the robotaxi event that inside investors were signaling price was about to head down. Of course, anything can happen with these things, but price action/structure dictated price head lower. The day after the event (market was closed during), price absolutely tanked and dropped almost 10% right into our target box for c of A. From here we have a few different options on the table. The first thing that can transpire, is price chop around in this area with a downward bias toward the 1.618 fib extension @ $211.84. After this, minor B should start and bring us up to the $240's with a possible low $250's price point. The ALT to this, is we begin to head up from here. We moved below the 1.5 extension by $0.14 cents before raising slightly. In my experience, though, when in this circumstance if price breaches the 1.5, it usually has intentions of visiting the 1.618. Again, this isn't any rule, just the norm. Either way, rather we make another low to the 1.618 or not, we should begin to raise again shortly towards the $240's for minor B. One thing to note, regardless on if we make another low or not, the larger 0.382 @ $248.85 falls in between the 0.618-0.786 retracement fibs of our minor wave A....so long as we don't extend lower past the 1.618 lol.by TSuth14
Tesla analysis for mid octoberTesla is oversold after the robo event, its expected to recover and fill that gap to the upside on the macd pull back, along with money flow bullish divergence all on 1hr chartLongby TrendsandCycles1
TSLA Technical Analysis for Tomorrow (10/14/2024)Key Levels: Support Levels: $214.40: This is a key support area, where price found a reaction in recent sessions. A break below could lead to further downside pressure. $210.00: A psychological level below $214.40 that may act as the next major support if the bearish momentum continues. Resistance Levels: $217.97: Immediate resistance level that TSLA would need to break to reverse the current bearish trend. $220.00: Another important resistance zone that could potentially slow a price recovery if broken above $217.97. Indicators: The MACD is showing bearish momentum with the histogram reflecting increased selling pressure. The signal line remains below the MACD line, suggesting continued downside risk in the short term. Volume: Volume is steady during the sell-off, which may indicate that sellers are still dominant in the market. A lack of strong buying volume suggests limited bullish activity at the moment. Price Action & Trend: Bearish Trend: TSLA has been in a clear downtrend, with lower highs and lower lows. The price action reflects continued selling pressure. If TSLA fails to hold the $214.40 support level, it could continue to test lower price targets. Bearish Scenario: A break below $214.40 could see TSLA test the next support near $210.00. Given the bearish momentum, this level could be tested unless buyers step in to halt the decline. Bullish Scenario: If TSLA manages to hold $214.40 and break above $217.97, there may be a short-term recovery toward the $220.00 resistance level. Plan for Tomorrow: Entry for Shorts: Below $214.40, targeting $210.00 or lower if bearish momentum continues. Entry for Longs: Above $217.97, aiming for a move toward $220.00 if buyers start to show strength. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. I am not responsible for any losses incurred from trading based on this analysis.by BullBearInsights5
TESLA The Target Is UP! BUY! My dear friends, TESLA looks like it will make a good move, and here are the details: The market is trading on 217.76 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 234.79 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK Longby AnabelSignals1115
Those holding Tesla shares still need a lot of patience.Since the beginning of 2021, Tesla has been restricted by a resistance zone for upward movement, resulting in the price fluctuating within a range of monthly candles. However, the linear regression channel, which has been in place since 2011, will enforce a price increase within a few months.by roni4ever1112
Whats next for tesla?Because we lost the cup and handle i removed my drawings from last chart. i am still bullish on tesla, i was still prepared to that drop technically. it made sense for me that wallstreet investors and hedge funds would like to to buy on low prices after we robot. i bought me more shares of tesla (i bought at 188 on aug 5 and now at the drop ) and i plan to test resistance and basically hold for value investment because i do believe in the company and everything they do. The liquidity play was easy for me to identify so im not phased by the drop and i wouldnt be phased by some more panic sellings, on my previous post i showed my plans and my thoughts. The plan is the plan, the lines are the lines the data is the data. The double top on the right shoulder should be somewhat concerning to some players but if its to play a retest and a bearish reaction is high probability (fill the gap and nuke) so if we dont have power i will have an exit and protect my capital at profit. im bullish long term for me this is a swing fail pattern on the daily chart ezpz profits. if it loses? it aint nothing to a boss give it 10 years i'll do 30x head and shoulders target is around 400 usd (not changed from the cup and handle)Longby Captainobvious54546
Tesla needs to hold 208.98 floorIf Tesla pulls back to 208.98 and holds I would be long for potential rally with earnings coming up. Below 208.98 196.54 would be my first target.by MarketMechanic24330
TESLA Breakdown or Bounce? Critical Levels You Cant Miss!!!!Tesla (TSLA) just broke below a critical level, and now all eyes are on the $213 support. 📉 If bulls defend this zone, we could see a strong bounce toward $236 and beyond. However, if we lose this support, expect a drop to the next target at $207 and possibly down to $189. 📉 ⚡ Stay alert, traders—this could go either way! Watch for volume and price action around these levels. Are you ready to catch the move? 🚀 MB Trader by Mindbloome-Trading1
$TSLA Fibonacci Pyramid Smart Money Maker! Buys: 200.55, 177.25NASDAQ:TSLA Fibonacci Pyramid Smart Money Maker! Buys: 200.55, 177.25, 144.07 Target 300 🎯 Optimizing LOW RISK High Reward I am looking for new buys using the FIBONACCI pyramid Throw a few bucks on lottos and see where it goes ❤️if ur down!by tradingwarzone3318
$TSLA time and price probability Continual volatility surges in highlighted zone Uses: ✅High probability entires ✅Very tight and clear cut zones ✅dentifying exact contracts needed to buy accoeding to option chain bell curve by AmmaJammaTrades0
Buying Tesla at a Strategic Support Level – A Promising InvestmeWe're buying Tesla stock at the current price of $217 based on technical analysis indicating strong support at this level. With a stop loss set at $200 to protect capital, we're targeting the resistance level at $280 for profit-taking. This trade capitalizes on the continued bullish momentum of the stock, supported by Tesla's strong performance and positive market trends in the electric vehicle sector.Longby tickmill9223
TESLA: Long Signal with Entry/SL/TP TESLA - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy TESLA Entry Level - 217.76 Sl - 204.89 Tp - 240.31 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals225
$TSLA #TSLADespite recent sell off in tsla stock, I still believe in long term bull case for this company. Therefore i ll be adding on weakness ..check out details ..by pandhicapital1
TSLA in danger zoneOnce again I called another local top on TSLA, the fanboys and girls fought me about it and blindly bought more overpriced assets. I have been calling for this rejection for weeks/months. The stock is simply overpromised, overvalued, and overhyped. Lets take a deep dive at this updated chart. You will note that golden fib has rejected twice with conviction. Each time falling through the prior fib, we will likely revisit the initial wedge breakout again (bull trap). My belief here is that the market is starting to become overpriced, look at the falling average volume on TSLA (purple MA). This mixed with a potential breakdown of the OBV signals bearishness. My target here is 189$, I would not rule out a flash to 153$. I expect a short term bounce into earnings which is why I sold a bunch of CSP on TSLL around 9.5$ and bought commons. Shortby Apollo_21mil1
important supportThe price has reached the zone of the bottom of the channel and Fibo 62/ In case of exit from the channel and consolidation, the decline will deepen, the positive reaction to the bottom of the channel is considered the initial signal of a retracement, the reversal pattern should be seen in the lower timeframes.by mehrdad14767
TeslaTesla At 216$ Nice price to buy what is support this idea ? fibo 618 golden zone trend lineLongby husains9
TSLA - Compressed Spring ActionTSLA does lot of fake moves, stopped trading it short term. But Today's action showing a tight move ahead, either tmrw or next week. If this takes off like expected, can see 270 easily .Longby just4tradinUpdated 1112
TESLA Can it reverse the ROBOTAXI DISASTER?Tesla (TSLA) plummeted on opening today following yesterday's Robotaxi event, dropping as much as -10% intra day below its 1D MA50 (blue trend-line) and touching the 1D MA100 (green trend-line) for the first time since August 05. The market clearly considered the Robotaxi and the other aspects of the event a disaster fundamentally and the early impression is imprinted on this price collapse. The question on investors' minds is, can the company reverse the sentiment? Well, technically there is a big reason why the price has been pulling back since the September 30 High and that is simple. It has been rejected exactly on the Lower Highs trend-line that started on Tesla's All Time High (ATH) back on November 04 2021. As you can see, this powerful multi-year Resistance has already 5 rejections (red circles) under its belt. But on the bright side, the price has shown clear signs of reversing this long-term and the biggest is the Higher Lows since the January 06 2023 market bottom (the 2nd Higher Low on April 22 2024). On top of that we are seeing the potential for a Channel Up (blue) since the April 22 2024 bottom and is being supported by the 1D MA100. Below that, the last (symmetrical) Support Zone is offered by the 1D MA200 (orange trend-line) and the 195.00 level (so a zone roughly within 195.00 - 203.00). Below that, the recovery potential is endangered to a great extent. So to summarize, there are strong support levels that may cause yesterday's disastrous fundamental sentiment to reverse but most of all, Tesla needs to break above its ATH Lower Highs trend-line. If it does, the first target of the new Bullish Leg should be $380.00 (Higher High on the blue Channel Up). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShot4432