TSLA: Buy ideaBuy idea on TSLA as you can see on the chart if only if we have the breakout with force the vwap by a big grenn candle follow by a large green volume.by PAZINI19Published 8
TSLA - Setting Up for a Bearish Move?Tesla’s current price action looks as it is unfolding within a classic Wyckoff Redistribution pattern, indicating a potential bearish continuation. This analysis will break down the key phases and volume confirmations leading up to the Upthrust After Distribution (UTAD), which could be a critical point. Redistribution Phases: Preliminary Supply (PSY): The first sign of significant selling pressure, where larger players start to distribute their positions. This phase marks the beginning of the trading range and is characterized by an initial reaction in the market, setting the stage for the upcoming phases. Selling Climax (SCLMX): The SCLMX is marked by a dramatic increase in selling pressure, causing a sharp decline in price. This is a pivotal moment in the pattern, establishing the lower boundary of the trading range with a notable increase in volume and volatility. Automatic Reaction (AR): Following the SCLMX, the AR is a swift rebound that creates the upper boundary of the trading range. This reaction shows a temporary balance between supply and demand but does not indicate a reversal of the overall trend. Secondary Test (ST): The ST is a retest of the SCLMX level, where the market checks if demand is strong enough to hold the lower boundary. The lower volume during the ST suggests that the buying pressure is weakening, reinforcing the bearish outlook. Secondary Test in Phase B (ST - Phase B): This ST occurs during Phase B, further testing the lower boundary of the trading range. It confirms the structure of the range and indicates that the market is preparing for further distribution. Upthrust (UT): The UT represents a deceptive breakout above the upper boundary of the trading range, aimed at trapping breakout traders and shaking out early short positions. This phase often leads to a quick reversal back into the range, signaling that the distribution process is still ongoing. Upthrust After Distribution (UTAD): The UTAD is the final effort by the market to push prices above the trading range. This phase is typically accompanied by a surge in volume as the last of the demand is absorbed by the stronger hands. The failure of this breakout and the subsequent reversal back into the range is a strong signal that the market is ready to move lower. Volume Analysis: The volume during these phases is crucial for confirming the pattern. High volume during the PSY, SCLMX, and UTAD phases indicates strong selling pressure, while lower volumes during the ST phases suggest weakening demand. The volume spike during the UTAD phase is particularly important, as it indicates that the remaining demand is being absorbed. The subsequent drop in volume and if there is a reversal back into the range it will confirm that the market lacks the strength to sustain higher prices. Shortby OnlyProfits888Updated 7
TSLA Lets Talk About Tesla Long this MACD setup. DCA encouragedNot financial advice. try to give a breakdown and importance of the MACD and how it is responding on the monthly and how on a 3 week chart we are moving in 1-5 wave . worth a watch and dollar cost averaging would be encouraged here.Long16:48by ThinkLikeaWhaleTLAWPublished 3
TSLA 233 is keybefore I get long, I'd like to see a break of 233 and hold above 233, where sellers at the anchored VWAP has induced consistent rejection. by Davy_Dave_ChartsPublished 1
Looking for the Handle after finding the cup.Found a cup and handle Formation on Tsla. Tsla also broke out of a longterm downtrend. PT 350-400. I am out after that. Because I expect a big longterm bear market after 6 months from now. Inflation is far from over. Tsla looking good!Longby RobinsmagicshowPublished 3
Tesla, Inc. (TSLA) short term outlookNASDAQ:TSLA is approaching a key resistance level, with an ascending trendline supporting the price. A breakout above the current consolidation zone could lead to further upward movement, especially as the price hovers near the upper Bollinger Band. Keeping an eye on the volume and the stock's performance around the moving averages will be critical in determining the strength of any breakout. Longby TraderhrTradingPublished 3
TSLA - $233-$235 KEY for UPSIDEHello people of the world! Here's your update in 5 minutes or less on TSLA! It's going to be as simple as this: Close a daily above $235 and chances of the shorter term upside target being $265-$270 increase significantly. Right now, I don't see a trade that is worth the risk from a short term perspective. We really need to see a good break of this important resistance. FOMC is today so things will likely get a little more volatile today and will open the door for the Sep/Oct slump if that is going to happen this year. Elections are still a wild card and rate cuts are going to be a factor as well in all of this. All in all, we need to wait for a break before making a move.04:56by bitdoctorPublished 4
TSLA: Buy ideaBuy idea on TSLA because we have the breakout with force the vwap and the resistance line by a big green candle follow by a large green volume.Longby PAZINI19Published 4424
TSLA - 4h - Failed to surpass the resistanceTesla Inc. stock has struggled to break through a key resistance level. On Monday, the stock tested the $232.80 resistance for the third time but failed to surpass it, signaling weaker demand for shares. This repeated inability to break higher suggests that we might be on the verge of a pullback, with the potential for the price to decline towards the $202.00 level. For traders and investors, this could indicate a period of caution as the stock faces increased selling pressure. Will TSLA find the strength to bounce back, or are we in for a deeper correction?by Mike_Trading_Published 9
TESLA breakout?Tesla is narrowing in on its 234$ resistance line. The wedge forming looks to be setting up for a breakout late this week or early next. It looks as though if it can smash its heavy resistance at 234, it has room to run up to its gap of 246$. Then it may have room to run up to its 52 week highs in the 4th quarter.Longby jbs2016Published 8
TSLA / 1D / Short IdeaIm not one to bet against the Musk, but with global recessionary fears, rising inventory numbers, and the prospect of a short term high on the SPY, there are multiple macro confluences to factor in with this 3 wave Flat corrective move. Based on how we invalidated a 5 wave impulse to the upside with our recent price drop, this would now be my next primary count until otherwise invalidated. An invalidation would be a break above the recent high, although that would become more probable if we break above the highlighted resistance fractal. Shortby LoganSilverPublished 116
TSLA💹 Outlook: TSLA has been breaking bullish and accumulating nicely. Price made a bigger re-accumulation the last 2-3 hours but we are still inside this 5hr bullish impulse range. I will be looking for longs on TSLA if they present themselves/ NY session bias: Bullish/ re-accumulating looking for longs NY stock exchange open.Longby angelvalentinxPublished 1
TESLA WILL WE REACH 272 & Why Good afternoon traders Todays video is on wave counting for Tesla how high will it go making our wave 3 268-272 is the gauge that I currently see. Enjoy the video Any questions let me know MB Trader Happy Hunting Long08:13by mindbloomePublished 1
From Our Previous TSLA Outlook!TSLA is one of the most simplest assets to trade, If you followed this setup might be a good time to take partials and spoil yourself out!Longby Worlds_Best_ScalperPublished 1
TESLA SWING SHORT| ✅TESLA is about to retest a key structure level of 271.58$ Which implies a high likelihood of a move down As some market participants will be taking profit from long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFxPublished 111
TSLA finally eyeing a candle close above this demand lineCandle close confirmation above demand line today will add further confirmation to TSLA entering a new bull trend.Longby HudemanPublished 0
Adios Tesla ?Sorry, first about good news, and I was just hearing about supposedly coming from Tesla when I thought I heard the exact opposite and given the fact that my were looking like a shit show with a bunch of big boats, I figured one of the magnificent seven were to be going down the same Cold and that’s what’s happening. Everything happens for a while away. by MarketMakerlQPublished 0
TSLA - making it to the next supercharger, or running out?NASDAQ:TSLA has been in a downtrend the last month or so. It has developed a descending broadening wedge pattern on the 4H, which is a bullish pattern. This indicates a break to the upside. However, I am a little hesitant to whether price action is strong enough. The recent build up towards the upper band of the channel has been bumpy, and the 100 EMA is on the rise vs the 50. RSI has been on the rise but is showing signs of turning down. It seems to me the move up is fragile. Looks a little better on the daily, price action is stronger, MACD is about to cross positive. At the end of the day, I believe this will come down to how the market behaves. I feel NASDAQ:TSLA does not have the strength by itself to move up, so it needs the market to push it. If the market does not, I think NASDAQ:TSLA will suffer and be pushed down. Conclusion: I think the market will take a breather, after a strong run following the Japanese breakdown. The market has been rallying since, and I think the weekend has cooled people down. So I expect a slower Monday, and that will hurt NASDAQ:TSLA in my opinion. So I end up on the bear side of things, and will set my target for NASDAQ:TSLA at $182, which is the low of the last month. Shortby WeRideAtDawnUpdated 116
Tesla 4 Hour - 30 Min will this market correct and when ? Good morning everyone Today's video I am looking at to see how much higher this market will go and how deep this market will correct as well. If you have any questions, comments let me know MB Trader 10:57by mindbloomePublished 0
TESLA: Bearish Forecast & Outlook The recent price action on the TESLA pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignalsPublished 111
Tesla 4 HOUR Are we Going to 234???? Good morning Traders In this video I speak on Tesla and doing a quick break down on which levels to look for if we are breaking up with a target of 134 and beyond. Enjoy the video If you have any questions, comments, tell me what you like , dont like and what videos you want to see. Happy Hunting MB Trader Long08:16by mindbloomePublished 0
TSLA - 1W - Symmetrical TriangleTesla is currently trading within a symmetrical triangle, which remains intact until the price manages to break out or break down. In other words, a decisive move through support or resistance will likely determine the stock’s next direction. At this point, there isn’t enough conviction in either direction to forecast the outcome. Key levels to watch outside the triangle are $260 on the upside and $165 on the downside.Longby Mike_Trading_Published 4414
$TSLA Long Position - Bullish Channel SetupI'm going long on NASDAQ:TSLA at $229.28 based on a strong bullish channel and favorable technical indicators. Bullish Channel Formation: NASDAQ:TSLA is trading within a well-defined rising channel on the daily chart. The price is respecting both the lower and upper trendlines, making higher lows and higher highs. This is a strong sign that the uptrend is intact, and the price could continue moving higher as long as it stays within the channel. Entry at Key Support: My entry point is $229.28, which sits near the lower trendline of the channel, a historically strong support zone. This price level offers a favorable risk-reward ratio, with the potential to ride the channel upwards towards higher price targets. EMA Support: NASDAQ:TSLA is currently trading above the 20-day, 50-day, and 100-day EMAs, reinforcing the bullish sentiment. These moving averages are sloping upwards, showing that buyers are gaining control and the momentum is shifting in favor of bulls. MACD Bullish Crossover: The MACD indicator has recently shown a bullish crossover, indicating potential upward momentum. This further supports the possibility of a continued upward move, with price targets towards the upper range of the channel. Target and Stop-Loss: My target for this trade is at the upper trendline of the channel, around $340, which offers a solid risk-reward setup. I’ve placed my stop-loss below the lower trendline at $217, protecting my position in case of a channel breakdown. Trade Details: Entry: $229.28 Target: $299 - $340 Stop-loss: $217 Let’s see how this bullish channel plays out! 🚀Longby TrendShredderPublished 5