TSLAupward wave targetting 311 upward wave targetting 311 upward wave targetting 311 upward wave targetting 311Longby Humble_HunterPublished 3
TSLA for potential price action on September 11, 2024Support and Resistance Levels: Immediate Resistance: $235: This level has been marked as a recent high. TSLA would need to break above this for further upside. $249.89: This is a major resistance zone, and TSLA may struggle to break past it if it moves up aggressively. Immediate Support: $226.46: The current price is hovering around this level. It's a key pivot point. If TSLA holds above this, it could attempt to test higher resistance. $216.27: Another potential support zone, which may act as a strong area of interest for bulls if there is a downside move. $202.15: The lower support for a significant pullback. Entry and Exit Strategy for Scalping: Bullish Scenario: Entry: If TSLA opens strong and breaks above $230 with good volume, you could look for a potential entry above this level, targeting the next resistance at $235. Exit: Consider taking profits near $235, especially if volume weakens near this zone. The next target could be $240 for a more extended move, but it would need a breakout of $235. Stop-Loss: Place a stop-loss below $226.46 to minimize downside risk. Bearish Scenario: Entry: If TSLA fails to hold above $226.46 and breaks down, a short position could be initiated with a target at the support zone of $216.27. Exit: Look for profits near $216, as it may act as strong support. Stop-Loss: A stop-loss above $230 could protect against an upside reversal. Momentum and Volume: Volume Patterns: Keep an eye on the volume, especially as TSLA approaches the key levels of $230 and $235. A breakout with strong volume signals further strength. RSI: The oscillator shows some choppy action, meaning it’s critical to confirm moves with volume for strong entries.by BullBear-InsightsPublished 4
What Are Asset Classes? Definition and MeaningWhat Are Asset Classes? Definition and Meaning In the realm of finance and investing, you may have come across the term "asset class". This article is designed to help you understand its definition, its meaning, and its significance in your investment journey. Asset Class Definition In a nutshell, an asset class refers to a grouping of investments that exhibit similar characteristics and are subject to the same laws and regulations. The classification is based on attributes such as risk, return, and the market dynamics that drive them. The asset class meaning implies that the investments within each class are believed to behave similarly and should, therefore, have the same place in a trader's portfolio. They offer a structured way to diversify a portfolio, thereby helping to minimise risk while maximising return. How Many Asset Classes Are There? The next logical question would be, how many assets can we trade? Traditionally, there were three main asset classes - equities (stocks), fixed Income (bonds), and cash or cash equivalents. But, the modern financial markets have expanded this list and now include many others, such as real estate, commodities, foreign exchange (forex or FX), and cryptocurrencies*. What are the different asset classes? And what is an example of an asset class? Now that we've established a fundamental understanding of what an asset class is let's take a look at the asset classes list and further discuss a few examples to learn more. Equities The equity asset class refers to stocks and shares of publicly traded companies. When you invest in equities, you're essentially buying a small piece of ownership in a company. The return on these investments typically comes in the form of capital gains (i.e., selling the stock at a higher price than what you paid for it) or dividends paid out by the company. However, you can also trade stocks. This won’t bring you dividends but will allow you to trade on a price increase and decline. CFD trading is one of the options. Trading stocks involves researching and analysing numerous factors, including the company's financial health, industry trends, and broader economic indicators, as well as technical indicators and chart patterns. If you want to trade stock CFDs, you can open an FXOpen account. Fixed Income This asset class includes investments like government bonds, corporate bonds, and other debt instruments that pay a fixed amount over a specific period. The primary source of return is the interest paid on the borrowed funds. One of the primary characteristics of fixed-income investments is the regular income they provide. This makes them particularly attractive to those seeking a consistent income stream. Additionally, the risk associated with fixed income is typically lower than that of equities. Investors in fixed income pay attention to factors such as interest rates, credit quality of the issuer, and the bond's maturity date. Changes in interest rates can affect bond prices, and investors should consider their risk tolerance and investment objectives when selecting bonds. Cash and Cash Equivalents Cash and cash equivalents are financial assets that are highly liquid and can be readily converted into cash. These assets are considered to be very safe and easily accessible, making them an essential part of a company's or an individual's financial portfolio. Cash includes physical currency (coins and banknotes) as well as deposits in bank accounts that are available for immediate withdrawal. Cash equivalents, on the other hand, are short-term investments that are highly liquid and have a typical maturity period of three months or less from the date of purchase. These investments are close to maturity and carry a minimal risk of changes in value due to their short-term nature. Commodities This class includes raw materials and resources that can be traded in various markets. They include items like gold, oil, agricultural products, and metals. Commodities are usually used as a hedge against inflation, as their prices can rise when the general price level increases. Additionally, commodities can provide a diversification benefit because their prices are driven by different factors than equities and fixed income. Commodities are typically traded on futures exchanges. Nevertheless, market participants have the opportunity to tap into the commodity sphere via Exchange Traded Funds (ETFs), diversified mutual funds, and Contracts for Difference (CFD). Commodity trading requires an understanding of the specific market factors that impact each asset. Additionally, commodity prices can be volatile, so risk management strategies are crucial when trading these assets. Real Estate Investing in physical properties, whether residential, commercial, or industrial, comes under this asset class. Returns are derived from rental income or selling the property for a profit. Investing in real estate involves various considerations that differ significantly from those of other asset classes, including high entry costs, management responsibilities, market risk and diversification. Real estate can be directly owned, or investors can gain exposure to this asset class through real estate investment trusts (REITs) or real estate-focused funds. Cryptocurrencies* This is a relatively new addition to the asset class family. These digital or virtual assets use cryptography for security, with Bitcoin and Ethereum being well-known examples. Cryptocurrencies* are decentralised, meaning they are not controlled by any central bank or government. They can be transferred directly between parties via the Internet without the need for a middleman. You can trade cryptocurrencies* on crypto exchanges or via different financial instruments, including CFDs. When trading a cryptocurrency CFD*, you don’t need to own the underlying asset. You trade on price movements, predicting future price direction based on comprehensive analyses. Trading cryptocurrencies* involves a high level of risk due to their extreme volatility. Therefore, it’s vital to know how margin trading works and understand how to reduce risk exposure with various risk management strategies. If you want to trade shares, commodities, or cryptocurrencies*, you can try the TickTrader platform. Investment Asset Classes and Portfolio Diversification These are the most popular examples of the types of asset classes. The complexity and diversity of these categories signify the importance of understanding the different asset classes before making investment decisions. Knowing the different instruments and their characteristics is essential for any investor. The key to building a successful portfolio is not just about selecting individual investments but more about allocating funds among these trading categories. Diversification across financial asset classes reduces risk because different assets react differently to the same economic event. For instance, when inflation rises, it might be harmful to bonds but could be good for commodities like gold. So, a diversified portfolio is expected to balance out the losses in one class with gains in another, stabilising the overall returns. Final Thoughts In the world of investing, various asset classes offer distinct opportunities and risks. Equities offer growth potential, fixed income provides stability, commodities offer diversification, cash and cash equivalents provide low-risk opportunities, and cryptocurrencies* introduce new possibilities. When talking about trading, commodities also provide diversification and hedging opportunities; while stocks allow traders to benefit from significant price fluctuations, the high-volatility nature of cryptocurrencies* makes short-term trading exciting. If you are interested, you can trade shares, commodities, and cryptocurrencies* on the FXOpen platform. *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 FXOpenPublished 2224
Tesla 245 on CardsI see tesla in uptrend now in 30 min 1 hr 4 hr chart it started making HL HH. And left a recent gap between 235 and 246 I Believe it will fill the gap and continue the trend before the Elections After the election we don't know. My target in this is based on Levels and current momentum. It also gave breakout on hourly chart. Longby virataryaPublished 115
TSLA Bear FlagThis is a shorter term bear flag on TSLA, different from my previous idea with a longer term pattern. I still think it's unclear whether TSLA can break above that major trendline from ATH in 2021 for good or not. This bear flag would suggest we may see downside in the shorter term, but we'll have to see what happens after CPI. Tomorrow should be interesting.Shortby AdvancedPlaysPublished 1
Top is inWe are are seeing the dreams of a Christmas past. I would be all over TSLA in a normal bull market but given the complete collapse of the markets, all we are seeing is low volume churning by retail investors. I would not touch TSLA, until it gets below $170, but ideally $140. TSLA is one of the best large cap stocks there is, but nobody will be unscathed in what is coming. For the critics, why are oil, copper and steel prices crashing? And do you think China's deflation is not going to spread in a global market? Do you really think the Yen carry trade was unwound in one day? Remember the 2000 tech bubble? There was no housing bubble when stocks imploded. Just some things to think about. Shortby EarthmatrixPublished 117
TSLA forecastDescending Trendline (Yellow Line): The stock appears to be in a downtrend, as shown by the yellow descending trendline. This line indicates a resistance level that the stock has tested multiple times but hasn't yet broken through. Support and Resistance Levels (Red and Orange Horizontal Lines): Several horizontal lines, likely key support and resistance levels, are drawn. Red Lines: These represent support zones where the price has bounced in the past (120.48, 154.22, 167.21). Orange Lines: These are resistance levels (257.67, 302.74) that the price may struggle to break through. Current Price and Movement: Tesla’s price is at $226.13, which shows a gain of 4.56% for the day. The blue and red boxes to the left represent the current bid and ask prices. Future Price Projection (Blue Path): The zig-zag blue path seems to be an anticipated price movement. It shows the price possibly breaking above the yellow trendline (resistance) and moving upwards towards the next resistance level near 257.67. After potentially retesting the breakout, the price might continue its upward movement as suggested by the upward arrow. Measured Move (Orange Vertical Line): The orange vertical line on the right highlights a potential price gain of 136.69 points (112.03%) if the stock were to move from the low point (around 120.48) up to the higher projected level (possibly above 257.67). Overall Interpretation: The chart suggests that Tesla’s stock is currently testing a key descending resistance. A breakout above this trendline might lead to a significant upward move, potentially targeting the 257.67 or even higher levels. However, if the breakout fails, the price might retest lower support zones around 185 or even 167.Shortby alemicihanPublished 0
TSLA - Another Day, Another Trade SetupWe are identifying a potential long trade on TSLA - However, unlike Friday (where our conditions to enter were not met), we are back in the same position after gapping up pre-market back into our yellow strong buying. We are looking for price to continue to respect our teal strongest buying algorithm and build controlled liquidity. Once we prove teal, we will look for an entry on the bottom of yellow HTF strong buying and we will look to enter longs with our stops below purple tapered selling if our conditions are met. Remember, this is the same purple selling channel dating back to 2021 which we've recently broken out of. Trade or no trade, we follow our rules and stay disciplined today! Happy Trading :)Longby ReigningTradesUpdated 9950
Long, target 210.9Following 1h chart and got a long signal. TP1 - 203.5 TP2 - 210.9 SL - Close under 194 Longby omurdenUpdated 0
TESLA: Building up the next bullish wave to $300.Tesla is in the upper levels of neutrality on the 1D technical outlook (RSI = 54.149, MACD = -1.520, ADX = 23.400) as it remains marginally under the 1D MA50, but a crossing over it should restore the buying sentiment. Long term the stock is inside a Channel Up that is technically in the build up of the next bullish wave after the HL on August 5th, also backed by the 1D Golden Cross of July 29th. We anticipate the new rally to cross above both R1 and R2 and target R3 (TP = 300.00). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScopePublished 7
thinkin about teslaThis ones obvious, dont need to even get into it. Self explanatory, just have a look at it, and itll tell ya all you need to know if you dont see it, euf... buy a bookby LetsGetRichBabyyyyyyyPublished 1
$TSLA Ready to go bullish? First of all, the price has broken above the downtrend line, and started to moving in a uptrend market. However, according to the trading volumes, more chips are bought in the top area, meaning that there's strong resistance above the current price. Therefore, I think the price might continue to fluctuated below the resistance area in a short term period.by xugina78Published 3
TSLA turning bearish? Tesla had a strong attempt at breaking out but it got severely rejected. Often when price fails a directional move it attempts and tests the opposite direction. I would favour Lower price action based off o f this volume rejection. If prices loses any more of the upsloping trendliness Tesla can be in for much Lower price. by Trading-CapitalPublished 5
TSLA contraction (retest of 260$)This is a quick update attached to the TSLL chart. I expect this breakout to give another bull trap for TSLA investors/traders. A surprise 50 basis point rate reduction could cause markets to rage in general. Investors will again realize TSLA is overvalued as it approaches 300$ and the stock will go to sub 185$ next year. Longby Apollo_21milPublished 2
Tesla made second backtest on Trumpet ….NASDAQ:TSLA Tesla went above violett Trumpet pattern in June but failed to stay above early August. Last week we went above violett down trend but stopped Friday after heavy selling at the line - Today looks like backtest was successful!?! If this time we stay above, much higher prices are guaranteed (!) Longby RolixcPublished 6
TSLA Short IdeaTSLA had another big fakeout above the major trendline from 2021 again last week and that sets the stage for a continued drop if it can't quickly reclaim. We also have a shorter term uptrend that as well that may lead to a flush below. I think this is a good spot to enter puts and target $200 and potentially even lower with a stop back above 220-222.Shortby AdvancedPlaysPublished 116
TSLA: Buy ideaOn TSLA, we are in an oversold zone. Therefore, looking at the configuration on the chart, if we have the breakout of the vwap forcefully by a large green candle and followed by a large green volume, it goes without saying that we would have a high probability of seeing the mounted market. Furthermore, if the support line is broken by a large red candle and followed by a large red volume, it will be clear that this will be a continuation of the downtrend.Longby PAZINI19Published 6
Tesla 30 Min Correcting up now !!!!!!Good morning traders Here is your 30 minute view of what the market looks like its doing: Currently we have some strong resistance at 220-223 area: my best thesis is we hit here and then fall back down. However we follow the market not predict it therefore if those levels break then I would not be surprised we go back to the top correct a touch and then break through and head up to the 280 range. Any questions, what you like and dont like let me know happy to help where I can MB Trader Long03:02by mindbloomePublished 1
TSLA Update - What went wrong and why we can still be bullishThank you to my followers for holding me accountable for a lapse in discipline - I identified a trade opportunity that had conditions - and some of those conditions were for us to taper along our tapered selling purple toward yellow and to see a yellow pickup. Clearly we didn't taper toward yellow and I jumped into a position on the touch of yellow. From the start there was signs against it as we had no tapering and the reaction to yellow was not what we should expect from a true strong bullish algorithm. When I had the chance to get out on a pullback and retest of that same yellow, I did, albeit for a loss on that trade. Keep in mind, we are most recently respecting orange (more tapered) buying continuation. We can very easily get picked up here as we did a few weeks ago and make a strong ensuing move. However, the conditions need to be met where we find price tapering and building liquidity in our purple and green controlled selling algorithms prior to getting picked up by orange and activating yellow. We will see what happens - but as always, prepare your trade as best as possible so that no matter what happens, you know when you're getting in and when you're getting out. I can do better and I will do better - Let's all be better this week! At the end of the day, we are nothing without our discipline so that must stay top of mind when trading. Happy Trading :)13:24by ReigningTradesPublished 7
Tesla (TSLA) is currently trading within a broad sideways channeTesla (TSLA) is currently trading within a broad sideways channel, indicating a period of consolidation in its price action. This range-bound movement suggests that the stock is experiencing indecision among investors, with neither buyers nor sellers gaining a clear advantage. As TSLA oscillates between the upper and lower boundaries of this channel, it presents potential trading opportunities for those looking to capitalize on price fluctuations. Traders should closely monitor key support and resistance levels within this range, as a breakout in either direction could signal the next significant move for the stock. In summary, TSLA's presence in a wide sideways channel highlights the importance of patience and strategic planning. Keeping an eye on market developments and technical indicators will be essential for navigating this phase effectively.by jhaynsfPublished 2
TSLA Outlook NASDAQ:TSLA Weekly outlook of Sep 9 TSLA fell 8.5% on Friday however: - Price seems bouncing around price area of $210 - no lower lows formed yet (uptrend still holds) - Oscillator forms hidden divergence (bullish) - Critical price area of $220 may retest - TSLA is literally MEME stock now and there is bullish sentiment around the news of Elon Musk is expected to be set to run DOGE (Department of Government Efficiency) Therefore 2 scenario may in play next week: 1. Bullish case - Correction is inevitable pullback of $215-220 is expected on Monday If price breaks up $220 area, pushes 3rd leg to fill the gap around 236-245 area 2. Bearish scene - ABC correction ends and the price gravitates down under$200 area if price action breaks $208 forms lower low Longby MoneyJumperPublished 2
VWAP PressureKey Features and Utility: Intrabar Focus: Unlike standard VWAP, which provides a cumulative average throughout the day, the Intrabar VWAP focuses on volume-weighted price calculations within shorter time frames. This allows traders to see how price and volume interact moment-to-moment, offering a granular view of market sentiment. Market Pressure Analysis: The indicator examines the difference between a smoothed weighted average price of the close and intrabar price movements. This analysis helps in identifying the market pressure at high volume areas. When the market exhibits high volume at low prices within a bar, it suggests accumulation, whereas high volume at high prices indicates distribution. Momentum and Pressure Shift Signals: By applying a modified MACD calculation to the smoothed difference, the indicator provides signals on shifts in market pressure. Positive values indicate upward price momentum (buying pressure), while negative values suggest downward momentum (selling pressure).by mertenes3Published 2
Tesla 4 hour- Daily are we correcting up if so how high ? Good afternoon traders Currently basing on my thesis I see a correction of some sort how high this correction will go I am unsure however we do have some levels in place that will allows to understand where this market can go to. Currently right now lets see how the market opens and see which levels hold which levels break. Watch the video and let me know if you like it, hate it or want me to create more videos on how I trade and why in more specific detail. Happy trading everyone MB Trader Long19:04by mindbloomePublished 9940