TSLA at a Key Reversal Point! Is This the Start of a Major Rally 🚀 📊 Market Overview:
Tesla (TSLA) has been in a sustained downtrend but has recently broken out of a descending channel. With increased volume and positive momentum, traders are watching for confirmation of a trend reversal.
📈 Key Technical Analysis:
* Trend Structure: TSLA broke out of a falling wedge pattern, signaling a potential bullish reversal.
* Support & Resistance:
* Support Levels: $342.50, $330.00 (major put walls).
* Resistance Levels: $370.00, $400.00 (major call walls).
* Indicators:
* MACD: Just crossed bullish, showing increasing momentum.
* Stochastic RSI: Recovered from oversold and moving higher.
* Volume: Strong buying volume on breakout.
🚀 Trade Setups:
* Bullish Scenario:
* Entry: Above $356 for confirmation.
* Targets: $370 → $400.
* Stop Loss: Below $342.
* Bearish Scenario (Rejection Play):
* Short Entry: If it fails to hold $356.
* Targets: $342 → $330.
* Stop Loss: Above $365.
📊 Options & GEX Insights:
* Gamma Exposure (GEX): Positive GEX suggests a push towards $370+.
* Options Data:
* Call Wall Resistance: $400.
* Put Wall Support: $330.
* IV Rank (IVR): 39.6 - indicating moderate options activity.
⚡️ Final Thoughts:
Tesla is at a critical breakout zone. If momentum sustains, the next leg could be toward $370 and beyond. However, a rejection at resistance may lead to a pullback. Watch for volume confirmation before making a move!
🔔 Stay sharp and trade smart!
⚠️ Disclaimer:
This analysis is for educational purposes only. Always do your research and trade at your own risk.
TL0 trade ideas
TSLA Scenarios These are the most likely scenarios for TSLA. Really needs to hold here to go higher. But if it doesn't we have potential for my second option. It might bounce of the red level in option 2 and go to all time highs or it will fail on support lost. I expect lower if that happens. Just a couple ideas. Ill post more ideas as this develops. Not taking option 1 as it is more risky and I already missed getting in lower so its not worth it for me now from a risk management standpoint. Thanks for reading.
TSLA - Filling the gap and then upside?The stock is trading around $337, showing significant volatility after a sharp decline from recent highs near $480. There's a notable gap in the price action around the $260-280 region that hasn't been filled.
The overall price action has formed a series of lower highs since the recent peak.
The current technical structure suggests potential weakness in the near term. The unfilled gap around $260-280 could act as a magnetic price level. Historical price action shows that gaps tend to get filled eventually, supporting the likelihood of a move down to this region.
TSLA deep into demand zoneThis demand zone was draw a long time ago. TSLA is starting to show a decent bounce vs. consolidation within the zone. This also happens to be in the golden pocket (between .5-.618 fib). A majorly bottomed stochastic RSI follows, with a moderate BBWP.
My plan:
Cash secured puts ATM here on TSLL
Buying TSLL commons
Check for support near 342.32
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(TSLA 1M chart)
The key is whether it can rise with support near the Fibonacci ratio of 0.618 (341.97).
If it falls like this,
1st: Fibonacci ratio 0.5 (296.11)
2nd: 252.75-268.07
We need to check for support near the 1st and 2nd above.
The area near 252.75-268.07 is expected to be a strong support area.
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(1D chart)
In order to turn into an uptrend, it must rise above 381.59-382.40.
The key is whether it can rise after receiving support near 342.32.
If it falls below 342.32, it is expected to touch 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 around a confluence zone : Technical Analysis and ForecastTSLA Technical Analysis and Forecast
Tesla (TSLA) is currently positioned at a critical confluence zone, where both horizontal and ascending trendlines intersect. Should the selling pressure persist and the stock breaks below the $325 level, there is a potential for further downside movement toward a psychological support zone at $300.
It is important to note that TSLA has experienced a significant decline of approximately 33% from its peak on December 18, 2024, which could indicate potential for a rebound at these levels.
Given the stock's current discount, I believe it may present a compelling opportunity for long-term investors. I intend to continue building my position through a disciplined Dollar-Cost Averaging (DCA) strategy, gradually accumulating shares as the price moves lower.
Should TSLA reach the $300 mark, I consider it a strong buying opportunity.
As always, please trade with caution and consider your risk tolerance before making any decisions.
TSLA on the Radar! Big Move Incoming? Key Levels to Watch! 📈 Market Structure & Price Action
TSLA has been in a downtrend channel, showing strong selling pressure, but has recently bounced off the lower trendline, signaling a potential reversal. The trendline resistance above remains key to watch. Bulls need to see a breakout above $342.5 for further upside confirmation.
* Support Levels: $330, $320, $300
* Resistance Levels: $342.5, $370, $380
Indicators & Momentum Analysis
* MACD: Slight bullish crossover emerging, signaling momentum shift.
* Stoch RSI: Overbought but still pointing up, suggesting room for upside movement.
Gamma Exposure (GEX) & Options Setup
* Call Walls: Heavy resistance at $380 and $400, indicating strong gamma hedging from market makers.
* Put Walls: Heavy support at $330 and $320, suggesting downside protection.
* IVR: 40.8 (moderate volatility environment).
* Options Flow: Calls dominate at 48.2%, indicating bullish sentiment among options traders.
Potential Trade Scenarios
✅ Bullish Scenario: Breaks above $342.5, confirming a breakout → Next targets: $370, $380
❌ Bearish Scenario: Fails at resistance, falls below $330, testing $320 as next support.
📌 Final Thoughts: TSLA is at a critical level. If it can break above resistance, it could see a strong rally. However, rejection at resistance means more downside potential. Watch for volume confirmation!
🚨 Disclaimer: This is for educational purposes only. Always do your own research before trading! 🚨
Under 3-Minute Deep Dive Into Tesla (TSLA) – Big Move ComingTesla just pulled back to $320 on the weekly chart, and this is where things get interesting. If buyers step in, we could see a strong push to $370, and if that breaks, $397 and even $417 are in play.
But here’s the flip side—if Tesla loses $320, things could unravel fast, and $250 might not be far off.
I’m watching this level closely because the next move could be huge.
Kris/Mindbloome Exchange
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