Tesla Stock Analysis: Nearly 50% wiped offTesla Stock Analysis: Navigating Key Support and Resistance Levels.
Tesla (TSLA) has experienced significant volatility, with its stock price retreating nearly 50% from its all-time high (ATH). The last major rally, which began on October 23, 2024, at approximately $211, propelled the stock to an ATH of $487 on December 18, 2024.
However, since reaching this peak, Tesla has been on a downward trajectory, breaching key Fibonacci retracement levels.
Recently, the stock fell below the critical 78.6% Fibonacci retracement level, reaching $250 before staging a minor bounce.
Despite this rebound, Tesla is currently struggling beneath a confluence of a descending trendline and a horizontal support-turned-resistance zone, creating a challenging environment for bullish momentum.
Key Technical Factors to Watch:
📉 Bearish Pressure Below Resistance
The confluence of the descending trendline and horizontal resistance is currently capping Tesla’s recovery attempts.
A rejection at this level could reinforce selling pressure and push the stock toward retesting lower support zones.
0R0X trade ideas
TESLA: $250 | Waiting for Reset and Buy back at Sub $100Royal Arabs of mid east aka pals of Elon booking gains
and informed players wait for buy back of funds
as SHORTS are piling up with momentum kicking in
in addition to Elon spreading himslef as DOGE frontman in Trump's campaign to making America Great Again ...
TESLA finishing the correctionhi traders
TESLA is about to finish the correction.
RSI was very oversold on the 1D time frame so we got a temporary bounce.
However, I expect the price to drop a bit lower (200 UPCOM:ISH area) to create a bullish divergence to give a better edge for bulls.
Once the bullish divergence is developed, it will be a great buy.
360$ and 430$ are 2 targets for bulls.
TSLA when shareholders protest1. Key Observations from the Chart:
• Recent Selloff: TSLA has seen a significant decline from its recent high near $480 and is currently testing key support zones.
• Major Support & Resistance Levels Identified:
• Resistance Levels:
• $256.75 – Previously strong support, now acting as resistance.
• $290.07 – Another key resistance level (previous major pivot).
• $327.72 - $328.00 – Strong confluence zone, likely to reject price if tested.
• Support Levels:
• $240.68 – Testing this zone right now.
• $212.00 - Key Long-Term Support Zone (Highlighted on the chart, critical level).
• Below $212.00 could mean significant downside risk.
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2. Trend Analysis & Chart Patterns
• Downtrend Confirmed: Price is clearly moving lower, with the 200-day EMA and trendlines confirming bearish pressure.
• Testing Key Support ($240.68) : If this breaks, the next major support is around $212.00.
• Descending Resistance Line (Green Line) Could Act as Rejection If Price Bounces.
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3. Indicator Analysis
Stochastic RSI (Middle Panel - Momentum Indicator)
• Currently near neutral levels (~52.52)
• Not oversold yet, meaning TSLA could still see more downside before a true bounce.
MACD (Bottom Panel - Trend & Momentum)
• Bearish MACD Cross Confirmed:
• MACD histogram is deeply negative, signaling strong selling momentum.
• No clear signs of reversal yet.
$TSLA Triple Threat: Bounce or Bust?Yo, let’s dive into Tesla (TSLA) on this daily chart—things are heating up big time! The stock just smashed its “head and shoulders” reversal target, dropping to around $240.68 as of March 13, 2025, with a solid 2.99% dip for the day. And check this—it nailed that golden Fibonacci retracement level like a pro, while also filling a previous gap like it was no big deal. That’s three powerhouse signals right there: a textbook reversal pattern, a perfect Fib hit, and a gap fill—talk about a triple threat! This setup’s got some serious juice, and it’s screaming potential for a pause or bounce. But hold up—keep your eyes peeled and stay cautious, fam. With P/E running high and the market vibe feeling kinda low, those lofty valuations might not get the love they need to push higher just yet. Let’s watch this beast closely!
Tesla’s Next Big Rally: The Elliott Wave 2.0 PerspectiveTesla (TSLA) is at a critical inflection point, and according to Elliott Wave 2.0 analysis, the stock is primed for a powerful move higher. Currently trading around $250, TSLA appears to be completing its 4th corrective wave, setting the stage for a major 5th wave rally that could propel the stock toward $500 to $600 in the coming months.
Why Tesla’s Next Leg Higher is Unstoppable
1. Elliott Wave 2.0: The Perfect Bullish Setup
Under Elliott Wave 2.0 analysis, Tesla has been in a classic sharp corrective phase and is now positioned for a parabolic 5th wave breakout. This means that the previous pullback was merely a setup for the next impulsive move higher, which could surprise even the most conservative investors.
2. Full Self-Driving (FSD) – The Revenue Explosion
Tesla’s FSD technology is nearing widespread adoption. With each software update, Tesla’s AI-driven self-driving system becomes more refined. A successful rollout of FSD could open up a multi-billion-dollar recurring revenue stream, significantly enhancing Tesla’s margins and valuation.
3. Humanoid Robots – The Next Mega Catalyst
Beyond EVs, Tesla is revolutionizing robotics with Optimus, its humanoid robot. If successfully commercialized, Optimus could disrupt industries ranging from manufacturing to home assistance, potentially adding trillions to Tesla’s long-term valuation.
Tesla’s Road to $600: A Rare Opportunity
The confluence of a bullish Elliott Wave setup, major technological breakthroughs, and growing institutional demand makes TSLA one of the most compelling investments of this decade. Investors who recognize this pattern early could see substantial gains as the 5th wave rally takes off.
🚀 Are you positioned for Tesla’s next explosive move?
TSLA ! You like money? You like money ?We're here to make money! I don't care about politics or idealists. If TSLA makes +20% in the next few weeks, I'll be very happy! End of story. I only do technical analysis. No emotions here.
hedge funds, YOUR pension funds and market makers have to pay themselves! They're buying the dip, while you're watching the stock collapse! Wake the hell up!
Some troll here haha
TESLA road map !!!Tesla's price can drop below $200 and then have a good increase.
Give me some energy !!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TESLA Imagine if news were fake to fill priceImagine that the market always fills gaps and in order to do it they create constant fake news to balance everything out.
If that was true @214/238 is a gap to be filled
Then we go even lower to $145/157
But only IMAGINE if someone dare to fake situations to balance this out.
Crazy thought, right? right? right? I don't hear anyone saying "yeah"
TSLA has bottomed. Great Rebound spot!!!TSLA ran up from 200 to 475/shr. On its way up it left to gaps in its price action, one gap up to 245 and another one right after to 275. Gaps in price action are eventually filled 90% of the time. During TSLA's recent decline, it pushed all the way down to close the gaps it had in its chart, with the bottom being 220, where the inital gap started.
Now that it has had its rundown and closed its gaps in price action, its likely this is the bottom for TSLA and it'll rebound from here.
A Clear Target for Tesla?If Tesla breaks the small white descending trendline, its first target could be to test the main trendline. Monday’s price action should be watched closely, as a false breakout is possible. However, if the small trend is successfully broken, Tesla could see a 10% upward move before hitting the main trendline.
If the price reaches the main wave and manages to break through, a new all-time high (ATH) could be on the horizon. 🚀
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