TSLA: Buy ideaBuy idea on TSLA as you can see on the chart if only if we have the breakout with force the resistance line by a big green candle follow by a large green volume.Longby PAZINI19Published 1
Tesla (TSLA) Technical Analysis & Trade Strategy for August 22, 1. Technical Analysis Overview Trendlines & Price Action: Tesla is currently trading within a symmetrical triangle pattern, as seen on the 1-hour chart. The triangle's apex is approaching, indicating a likely breakout either upwards or downwards soon. This is supported by decreasing volatility as the price consolidates. Volume Profile: The visible volume profile indicates a significant support zone around $216, with a high-volume node at $224.58, suggesting these levels may act as support and resistance respectively. The point of control (POC) around $224.58 shows where most trading volume has occurred recently, reinforcing it as a critical level. Indicators: The MACD histogram shows decreasing momentum, with the signal line potentially crossing the MACD line, indicating a possible shift in momentum. However, there is no definitive signal yet. 2. Market Catalysts & Sentiment Subsidy Risks & EV Market Sentiment: Near-term headwinds for Tesla include concerns about potential subsidy cuts, particularly with upcoming elections that might lead to changes in EV incentives. This could impact demand and investor sentiment. Recent Q2 Deliveries & Robotaxi Day: Tesla’s second-quarter deliveries have shown signs of stabilization, and the upcoming focus on Tesla's autonomous vehicle technology, especially post the August 8 Robotaxi Day, could reignite interest in the stock. Analysts see potential for a turnaround in Tesla’s story, driven by its advancements in AI and robotics 3. Strategy Breakout Strategy: Given the symmetrical triangle pattern, a breakout strategy could be effective. Watch for a decisive move above $228.21 (resistance) for a potential bullish breakout, with a target around $236 (next resistance level) or even $248 if momentum is strong. Break and Retest: If the price breaks above $228.21, consider entering on a pullback (retest) to this level, confirming it as support. The target remains $236 and then $248. Bearish Scenario: If the price breaks below $224.58, watch for a drop towards $216, which could be a strong support. A break below $216 could lead to a more significant downturn towards $212 or lower. Open Break Strategy: At market open, observe the price action around these critical levels. A strong move in either direction could be used to quickly enter a trade, aiming for 1-2% gains, especially if combined with rising volume. Prepare for Volatility: Given the recent consolidation, a breakout could be sharp and swift, so ensure stop-loss orders are tight to protect against quick reversals. Longby BullBear-InsightsPublished 3
Very bullish on $TSLALooks absolutely primed. Bouncing off all the monthly VWAPs/EMAs. Loads of price support. This could easily go to $276 and potentially $360. I suspect this may go nuts if the Feds cut rates in Sept.Longby rfc4Published 114
Tesla, about to begin its booming Flagout!Tesla, is the stock which follows a regular pole flag pole analysis, and it seems to be on its way of the bullish move commencement after a quite Bull-Flag correction!Longby Worlds_Best_ScalperPublished 445
TESLA May Extends Uptrend Towards $310TESLA May Extends Uptrend Towards $310 Tesla reached the top of the channel at 270.90 on 11-Jul-2024 and the lowest price was reached at 182 on 05-Aug-2024 Over the past week, Tesla broke out of a bearish channel indicating that the bulls are once again taking control of the price. Considering that we are at the end of the summer season, chances are that we could see prices rise again near 310 You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Longby KlejdiCuniPublished 3321
$TSLA $LABU staying with LABU less shenanigans Describing that I today loss money due to TSLA shenanigans and how I had BIAS by watching LABU and TSLA together. I will trade TSLA on the daily on extremes and LABU for everyday or week. 04:21by faybarPublished 0
TSLA HTF Outlook - Can we safely hold shares for the long term?This is more of a higher time frame analysis of TSLA - which is key in order to be taking LTF trades as well. Hope this was helpful and Happy Trading :)12:32by ReigningTradesPublished 7
A heartfelt message from human to human. A life lesson. Disclaimer: This video is not an analysis video so for those looking for a TSLA analysis here feel free to skip over. This video is a heartfelt message from one human to others - I learned some important lessons this morning about haters and about myself and I was given beautiful insight from G-D which will make me a better human being going forward. To those who come back time and time again to support me, I can't tell you enough how much I appreciate your appreciation - I truly spend my time making these videos to help you. I continue to pray that G-D silences my soul to those who hate and curse me. Thank you for listening and I will now get back to the analysis side of this business! 07:41by ReigningTradesPublished 6628
TSLA Long Swing; Out of a Decline...We Shall See! TSLA shares have breached the trendline and exited a descending channel!!! The price also passed the 215.00 resistance level. Now the price is expected to rise further to the next resistance at 234.00 . A breakout above this level will drive the quotes up to 246.00!!!Longby SantiagoSolutionsPublished 0
Tesla is closing to resistance level, More Correction?Firstly, Tesla is closing to the downtrend line, which might be rejected to drop. Secondly, the high volume candle shares the same level with this resistance area, double confirmed the importance of this resistance level. So, in my opinion, it may go bullish after break above the resistance level. Longby xugina78Published 2
TSLAPair : Tesla Index Description : Completed " 1234 " Impulsive Waves Break of Structure RSI - Divergence Bearish Channel as an Corrective Pattern in Short Time Frame Demand Zoneby ForexDetectivePublished 6
Tesla (TSLA) for tomorrow and the rest of the August 21, 2024 Chart Overview: Timeframe: 1-hour Price Action: TSLA has been in an upward channel but recently had a pullback. It's currently near the lower boundary of the channel. Key Levels: Support: $220.29: Strong support, aligning with the lower boundary of the channel and the Ichimoku Cloud, which might act as dynamic support. $219.43: Another support level just below, likely an important psychological level. $212.22: Strong support; if price breaks below the channel, this level could be tested. Resistance: $228.38: Immediate resistance where the price previously encountered selling pressure. $234.60: A higher resistance level; a break above could signal a continuation of the bullish trend. $249.89: Major resistance; a target for the bulls if the momentum continues. Technical Indicators: Ichimoku Cloud: The price is above the cloud, which is typically bullish, but the current pullback suggests some consolidation or a possible trend reversal if it falls below the cloud. Trend Lines: The price is nearing the lower trend line of the upward channel, which is crucial. If it holds, it might bounce back to test the upper trend line. Trading Strategy: Bullish Scenario: Entry: Consider entering near the $220.29 support level if it shows signs of holding, with a tight stop-loss just below $219.43. Target: First target around $228.38, and if momentum continues, look for a possible move to $234.60. Exit: Partial exit near $228.38, full exit near $234.60 if resistance holds. Bearish Scenario: Entry: If the price breaks below $219.43 and closes below the Ichimoku Cloud, consider entering a short position. Target: First target near $215.25, and if it continues to drop, a secondary target at $212.22. Exit: Tight stop-loss if the price reclaims $220.29; full exit near $212.22. Rest of the Week: Upward Continuation: If TSLA holds the current support and breaks above $228.38, it could continue higher towards $234.60, and possibly $249.89 if bullish momentum strengthens. Downward Continuation: If the price breaks below $219.43 and closes below the Ichimoku Cloud, a downward trend could be confirmed, with $212.22 as the key level to watch. Monitoring the price action near these levels, especially the interaction with the Ichimoku Cloud and trend lines, will be essential for determining TSLA's direction for the rest of the week.by BullBear-InsightsPublished 9
$TSLA #InvH&S Base to $300 and #BeyondNASDAQ:TSLA is setting up a very nice potential Inverse Head n Shoulders Pattern... Technically you want to wait for the "neckline" to break before entering. Personally I'm looking at playing it into the neckline and #Beyond... In this specific area "A Gap Above 235 would be #Perfect" ... JPow Tomorrow will be #Interesting -Proph PS: If history repeats, expect more of the same (Bullish), Lies, CPLies, Employment Number Lies, etc... But Trump floating rumor about them "revising" and his history of "I hate to say I was right's" ... He's also been floating the idea of 29' style crash... The #Board feels like it's setting up a massive rug pull at some point, doesn't have to be tomorrow... Stay #Alert , no time for #Complacency imo , they practiced/rehearsed the Rug Pull that other Monday to #Perfection... Longby Prophecies_R_UsPublished 776
Possible BUY set up for teslaPrevious liquidity purge, price ran down and filled the gaps, nicely balanced with a rapid movement on the 3D chart. For a reasonable swing target. Although with global macros in play at the moment, I wouldn't want to hold for too long.Longby cloud-kickerPublished 1
TSLA/NVDAcan be some turbulence at this range but i see green grass sometime soon. by dmac95Published 2
TSLA Short Idea (or long)TSLA is back to the critical trendline resistance from ATH in late 2021. It had a big move above, which ended with a fakeout and hard rejection. Now it's back again. I like puts here, but I won't be holding on to them if it begins to break above this trendline again.Shortby AdvancedPlaysPublished 2
New high for 3 days straight.... aGaIn ToMoRrOw ? Bow down to the bulls, cant even hate because I ate with them too (bars). Tesla is bullish in my opinion and as we all can see, they are getting close to the target I've stated the last few days and if you a bear, watch if they reject at 226 but I don't really think there will be an issue until 233. I really want the bears to react in that area... scare them a bit-make them sell a bit at 233 and hopefully bears can have fun, potentially do a retest at 216 by Mensky_JwettUpdated 2
TSLA going parabolic soonConsolidation on the 1 month chart looks very ready to pop. Targets 295 for T1, 501 for t2 610 for T3 What's daunting, I can see TSLA trading over MIL:1K in the near future.Longby CoinObservatoryPublished 7
Tesla - Possibility Of A BreakoutNASDAQ:TSLA can break out soon: Over the past two weeks we saw an incredible stock market rally and also Tesla completely reversed the flash crash which we saw in the beginning of August. It is still quite possible that Tesla will break out of the long term triangle and immediately head back to the previous highs. Levels to watch: $230, $400 Click chart above to see the detailed analysis👆🏻 Keep your long term vision, Philip (BasicTrading)Long04:11by basictradingtvPublished 28
#Tsla #TESLA cheet sheetHere are some of the important levels to keep an eye on. Personally I'm still bearish in Tesla. Will update on Tesla when we are closer to a clear H or L. For now just keep an eye on the current level at 184-185 ish for short term dir. by BaseLineTradersUpdated 114
tsla C&Hstraight to technicals after tesla made this higher high on my trendline and proved we have an EMA to work on/trendline that it respects i would hope for it to either break through my 222 pivot or at least find support there (level by level) if we can hold the resistance as support and create another higher high we can look upwards to the next levels of 264 ,299 and ofc the 356. The projection of the cup and handle is 78% from current price (cup and handle depth = projection after breakout elon wishes to take tsla to the levels of 400 and based on the companys preformance of their robotaxi and other bots scifi they wish to introduce to the real world we could see this rise to a new ath or ofc.. a big failure to 90.78. companies need to preform to increase, unlike gold or silver or anything that works based on supply and demand so anticipating failure or success is literally impossible but if we believe in the company values in their leadership in their team that could up the chances. so if you trust elon can win the hardships there shouldnt be a reason the projection wouldnt work. Longby Captainobvious5454Published 0
TSLA still a BUY ++++Next targets are $230 and $236 we are in a clear uptrend and broke above the $205 and $211 resistance levels I previously posted aboutLongby ShortSeller76Published 2
Tesla - Cup and HandleWell it's been a long and slow process for Tesla to get to this point and with so many problems and so much potential it doesn't take much to keep investors interested. Though for everyone buying, somebody is selling. So as October nears with the Robo-Taxi reveal, even though a true and perfected version of the FSD Technology may be 3 years away for these to be road tested and verified we can have hope and a little excitement for the Journey. As well Elon Musk does like to pull a rabbit out of his sleeve once in a while and it certainly has been a while. We shall see. In the meantime however the chart is showing a massive Cup and Handle Pattern with a recent breakout and closing in now for a potential retest at $260 and a long term target price at $328. Is the target for this year or perhaps next year, that I can't answer for you but I'm going along for the ride.Longby grahammkPublished 4447