TSLA_ UP or exhaustion It hit its first TP target.
Will it be able to break above the redline and continue its uptrend.
It's overextended, above the 20MA.
Take care.
NFA
TSLA trade ideas
TESLA almost ready for takeoff!!!🚀I think that slowly many people will realize that driving a electric car isn't it. High cost to get one, materials gathered by modern slavery, oil prize going down. Well, looks bearish at first. But in the near future Tesla will come up with something big. Something that will be better then driving gasoline. As you can see in the chard we can see a beautiful descending triangle. Once we break out we will go up hardcore.🚀
TSLA Wave3 Ends at 900 USD 100% upside BUY/HOLD🔸Hello traders, today let's review daily chart for TSLA. Bullish
impulse currently in progress, recent multiple gaps indicate
further strength with likely very limited downside on pullbacks.
🔸The structure is a 5 waves impulse, currently Wave3 in progress,
2.618 of wave one so expected to complete at/near 900 USD, from
current levels almost 100% upside.
🔸Recommended strategy bulls: BUY/HOLD at market / scoop up
any dips/pullbacks if available. Price target is 900 USD in Q1 2025
we are currently in wave3, which is the strongest bullish wave
of the entire 5 waves structure. PT is 900 USD, 100% upside.
BUY/HOLD setup for patient traders. good luck!
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
MSTR/TSLA Pair Trading, ATR GuidedGoal : Stay in a winning trade as much as possible, while reducing trade fatigue.
Where : In a tax-free retirement account. Low risk. No options trading.
ATR Settings:
MSTR = 1HR, no noise suppression
TSLA = 90MIN, no noise suppression
Trading rules :
All in on first Buy Zone --> stay in assett until Sell Zone --> rotate if other asset is Buy Zone OR cash out and sit if both in Sell Zone
GEX Analysis for TSLA - Dec. 13, 2024Current Price: $419.85
IVR: 71.7
IVx Average: 67.5
Options Sentiment: Strong bullish sentiment with 83.8% in Calls.
Key Levels:
* HVL (High Volume Level): $380.00
* Support Levels:
* First Support: $407.50 (PUT Support)
* Second Support: $400.00 (GEX9 Level)
* Third Support: $390.00 (3rd CALL Wall)
* Resistance Levels:
* First Resistance: $420.00 (Highest Positive NETGEX Level)
* Second Resistance: $425.00 (2nd CALL Wall)
* Major Resistance: $435.00 (GEX10 Level)
Market Sentiment:
* TSLA shows strong bullish momentum as indicated by the dominance of Calls (83.8%). A breakout above $420.00 could pave the way to $425.00 and potentially $435.00.
* A breakdown below $407.50 might shift sentiment toward bearish targets at $400.00 or $390.00.
Actionable Strategy:
* Bullish Setup: Go long above $420.00, targeting $425.00, with a stop loss at $418.00.
* Bearish Setup: Consider short positions below $407.50, targeting $400.00, with a stop loss at $409.50.
Reminder:
Always monitor updated IVR and IVx metrics for live market conditions before entering trades. These provide critical insights to refine your strategy.
Disclaimer: This analysis is for educational purposes only. Always conduct your own research before trading.
TSLA still strong- Bullish on monthly, overbought weekly & dailyTSLA still showing lot of buying, today may be a pullback and on 12/13 it may inch up again. If it breaks previous high, my hunch is that it will enter into next breakout.
It might trade above 400 next few days for the selling pressure to subside on daily and weekly charts. The euphoria for TSLA is still very high, so I consider this to be a pullback.
If you are a conservative trader, you can write 6 months put for 330-350$ range.
TSLA at the resistancehi Traders
Let's have a look at TSLA chart on 3D time frame.
Are you buying at the resistance after such a massive rally? If so, you are taking a high risk as the profit taking is expected.
Recommended strategy:
1. Short at the resistance with a tight stop loss.
2. If you're a bull, wait for the price to revisit a demand zone where the long position can be placed. Target for bulls at 400 $.
Good luck!
$TSLA to $420.69 Multi-Resistance Breakout Retest #Go Emoji highlighting what similar setup brought...
Markets are ready to end #WhiteBoySummer with a BANG... Climbing walls of worry, investors/traders making bank while proles protest in the streets ala June 2020 #Vibez
#WeOutHere
9/20 220C at 12.00 now ... will scoop up contracts on "Stremf" as AlwaysTeste would say...
PS: Keep an Eye on NYSE:GME in the coming days/weeks, log scale weekly candles look #AIIIGHT aiiight? See;
Tesla to the down sideTesla going down Short of the retest of the moat recent Bearish Fair Value Gap.
TSLA looks like it's getting SHORT SQUEEZEDThese levels of TSLA looks elevated and don't align to fundamentals. After what appears clearly as a short squeeze, the price may come down hard to the $280-320 support levels. TSLZ could be a good upside opportunity! Best of luck and safe trading!
TSLA wayyyy too high! Will crash to $280-$320 rangeRSI levels are completely elevated to a point that is just not sustainable for a car company. I buy the TSLA technology and "extras" but this level of elevated prices will drop very soon once reality hits and profit takers take advantage.
Leverage TSLZ to take advantage of this nice short x2 opportunity. Best of luck and do your dd!
TSLA to $420?TSLA has been on a tear over the past month or so. Using the Magic Linear Regression Channel indicator we look at the chart of TSLA and see that it has blown through a lot of the parallel channels, making it seem difficult to pinpoint. But, by adding an outer Fibonacci band to the Magic Linear Regression Channel, and selecting starting pivot highs followed by the biggest drops, we can form a channel that has an upper Fibonacci channel that coincides with the all-time high. However, since TSLA didn't get to Elon's favorite number, 420, last time around, I think it will make it there this time before correcting or consolidating. And, it could make it there before the end of the year.
Massive Cup & Handle. TSLA to $400?Hi Traders,
TSLA appears to be breaking the handle in this cup and handle pattern on the weekly charts, with horizontal resistance at $300, and trend resistance at $255. If TSLA can't break trend resistance, I anticipate a pullback to the $230 area.
Targeting $297. If TSLA breaks $300, targeting $405
2024 is a bull market.
Happy Trading!
Tesla (TSLA) Shares Surge to a New All-Time HighTesla (TSLA) Shares Surge to a New All-Time High
The chart for Tesla (TSLA) shares reveals:
→ At the beginning of December, the price was around $350;
→ Yesterday, the trading session closed above $420, surpassing the previous all-time high near $410 set in 2021.
The primary driver of this bullish sentiment appears to be the partnership between Elon Musk and Donald Trump. Since the 5 November election, Tesla shares have broken through a key resistance level near $265, rising approximately 69% and adding around $555 billion to the company’s market value.
Additional positive factors include:
→ Investor expectations that Tesla’s planned affordable new model could become a bestseller in 2025;
→ The company’s plans to launch self-driving taxis and other innovations.
Can the Bullish Momentum Persist?
According to Barron’s, Tesla shares might be overvalued from a fundamental perspective. Currently, TSLA trades at roughly 125 times the expected earnings for 2025, a ratio reminiscent of the previous peak when the stock dropped by about 50% in 2022.
Technical Analysis of Tesla (TSLA) Shares
→ The November consolidation around $350 (marked by a thick blue line) may indicate the median of the long-term upward channel (shaded blue).
→ Throughout 2024, the lower boundary of this blue channel has provided strong support. In the most optimistic scenario, TSLA shares could rise toward the channel’s upper boundary near the psychological $500 level.
→ The RSI indicator is above 80, suggesting the price is vulnerable to a pullback, as observed earlier this year. In this scenario, a test of the $400 psychological level cannot be ruled out.
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.
Tesla: Bullish Momentum on Full DisplayTesla's price is soaring to new heights, showcasing impressive bullish momentum that continues to attract buyers and speculators alike. The stock is currently trading at its highest level, capturing the attention of the market.
📈 What I Anticipate:
As shown in my chart, Tesla's upward trajectory remains strong. However, it's important to keep in mind that price movements rarely happen in a straight line. Along the way, we might see some pullbacks or consolidations—normal and healthy signs in a trending market.
💡 Key Takeaway for Traders:
While the bullish sentiment is undeniable, managing risk is crucial. Look for potential retracement levels that could provide favorable entries or opportunities to adjust your position. Remember, the market often rewards patience and preparedness.
Let me know your thoughts, and keep an eye on my chart for insights into the key levels and possible scenarios ahead. Happy trading! 🔥
TSLA - next resistance at $455TSLA - Stock close right around 0.786 fib level. Next level at $455. Do see some resistance at $430 before it goes there. Stock having an amazing this week. looking for calls above $430. Today BMW Called Tesla FSD 'Very Impressive,' Gary Black Says Automakers Will Eventually License It: 'One Deal Will Cause Others To Follow'. Indicating more business for the company.
Tesla $TSLA Daily Chart W.D. Gann Resistance Price Level📐 **Tesla ( NASDAQ:TSLA ) Daily Chart – W.D. Gann Resistance Alert!** 📐
Tesla is approaching a critical W.D. Gann resistance level on the daily chart. This key price point could act as a pivot for potential reversal or a breakout trigger. Bulls watching for confirmation, while bears eye a possible rejection. Stay sharp! ⚡️
#SPX500 AMEX:SPY NASDAQ:QQQ #BITCOIN #CRYPTO
TSLA Soars to Key Levels. Ready for December 12, 2024How to Trade Using GEX and Options Oscillator Insights!
Key Observations:
* Price Movement: TSLA is trading at $428.57, nearing the Highest Positive NETGEX / Call Resistance level.
* Volume Trends: High volume reflects significant interest and momentum in the stock.
GEX Levels:
1. Resistance Levels:
* 429.90: Immediate resistance, aligned with the Highest Positive NETGEX.
* 440 (2nd Call Wall): A breakout above $429.90 could lead to this level.
* 450 (3rd Call Wall): Extended bullish target.
2. Support Levels:
* 415: Immediate support; a breakdown could lead to a retest of lower levels.
* 390: Strong support reinforced by GEX levels.
Options Oscillator Insights:
* IVR (Implied Volatility Rank): 69.7 – Elevated IVR suggests high option premiums, favoring strategies like selling options or spreads.
* IVx (Implied Volatility Average): 67.3% – Reflects high expectations for price movement in the near term.
* Call %: 88.3% – Extremely bullish sentiment, with calls dominating puts significantly.
Trade Recommendations:
1. Bullish Setup:
* Trade: Buy TSLA $440 Call expiring December 22, 2024.
* Target: $440–$450.
* Stop Loss: Below $415.
2. Bearish Setup:
* Trade: Buy TSLA $415 Put expiring December 22, 2024.
* Target: $415 or lower.
* Stop Loss: Above $430.
Conclusion:
TSLA shows strong bullish momentum, with the GEX and Options Oscillator aligning for a potential breakout. However, elevated implied volatility and the dominance of calls highlight a sentiment-driven rally. Traders should watch $429.90 closely for breakout confirmation or failure at resistance.
Disclaimer: This analysis is for informational purposes only. Always trade responsibly and consider your risk tolerance.
