1TSLA trade ideas
TESLA UP ???Good day, observing the breakout of a head and shoulders pattern in NASDAQ:TSLA , waiting for the weekly candle close to confirm the entry !
Targets:
Target 1: $308 USD
Target 2: $358 USD
Target 3: $402 USD
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Tesla can form a big range here.Tesla should form a bigger range here, expecting range top to be around 325 EUR. My previous long term NASDAQ:TSLA forecast is playing out perfectly and wanted to also post it for european followers.
Tesla I Surge by 12% and more potential growthWelcome back! Let me know your thoughts in the comments!
** Tesla Analysis - Listen to video!
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
the most bullish technical scenerioWe have a weekly candle HS bottom pattern and the time of accumulation is 4 years
4 years of accumulation will send us up faster than spacex rockets
like you have probably noticed im a big tesla bull not only i trade it on CFDs i value invest my earnings in the stock (spot)
if tesla has success in all their endavors and the regulators are going to be on their side with trumps help we will find ourselves with higher tech than what we know and robots will walk among us.
the tesla future looks promising.
this is probably everyones last chance, this 4 years tesla are going to boom most likely without anticipating the future.
in the technicals you can see previous highs and high value areas where we should expect some psychology to kick in and sellers to step in, more doubt etc.
by the end of trumps term if he wont be re elected for a last term we should see all these areas broken with time.
Remember, tesla is an AI company now that ALSO sells vehicales and not a vehicale company that is also AI.
I see big bright future with robotics that operate on solar energy and manual charging, fsd cars with the same type of tech and more.
rivist my chart and idea in a few years!
Elon's TeslaI think since Elon has been one of the strongest endorsers for Trump, Taking that trade would make sense (Elon-Trump trade) I know it seems very ambitious, But it makes so much sense as Tesla will have much more facilitations under trump government. This is not a financial advice but the whole idea in general makes sense.
TSLA to $600Ahh finally we have new president. With Trump as a president Elon Musk will get financial position in goverment and Trump fully supports him.
I do expect the TSLA price to do something way more insane than $600. I'm expecting from TSLA moves similar to NVDA or some of the ".com" bubble stocks.
We're pre-rich.
TSLA Intraday Trading – Key Levels for Nov. 6, 20241. Price Action and Trend Overview
TSLA has recently shown a breakout from a descending trendline, supported by increasing volume, indicating a potential trend reversal.
The current price around $258 is approaching a minor resistance zone near $260, which aligns with previous highs and a supply zone.
The recent bullish momentum above the EMA lines on the 1-hour chart strengthens the case for a continued upward move, provided it sustains above key support levels.
2. Support and Resistance Levels
Immediate Support: $253, where the price found a base recently and consolidated before moving higher.
Primary Resistance: $260.98. If this level is breached, the next target may be $273.5.
Additional Resistance: Above $273.5, a further push could reach $280, though this level may act as a strong resistance given recent rejection points.
3. MACD and Volume Analysis
The MACD on the 1-hour chart is in bullish territory, with a recent crossover suggesting upward momentum.
Volume during the breakout is higher than average, confirming buying interest at current levels. Watch for sustained volume to confirm any move above $260.
4. Entry and Exit Points for Scalping/Intraday
Bullish Entry: Consider a long position if TSLA breaks above $261 with volume confirmation, aiming for $265-$273 as potential profit targets.
Bearish Entry: If TSLA fails to break $260 and shows signs of rejection, consider a short entry with a target back to the $253 support level.
Stop Loss: For long trades, place a stop slightly below $253 to manage risk in case of a reversal. For short trades, consider a stop above $262 to protect against a breakout.
5. Suggested Directional Bias
Bullish Bias: Given the current breakout and positive momentum indicators, the bias leans bullish, especially if TSLA maintains above $253. A sustained move above $260 could confirm further bullish momentum.
Bearish Scenario: If rejection occurs at $260, the bearish target would likely be back towards $253 or lower, depending on market sentiment.
Summary
TSLA is showing bullish signs with the potential for continuation above $260. Watch for volume confirmation and key support/resistance levels to guide intraday entries and exits.
Disclaimer
This analysis is for educational purposes only and should not be construed as financial advice. Please conduct your own research and consider consulting with a financial advisor before making any trading decisions.
TESLA Broke the (1h) bearish trend on. Target $265.Tesla crossed above the Falling Resistance on the (1h) time frame.
The current MA50 (1h) rejection is serving as the last buy opportunity after the break out.
Trading Plan:
1. Buy on the current market price.
Targets:
1. $265.00 (Fib 0.786).
Tips:
1. The MACD (1h) is on a Bullish Cross. The previous one drove the price to as high as 273.00.
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Post-earning spike and holdI missed this yesterday when it happened in the morning open. NASDAQ:TSLA did a spike at the 50% Retracement of the post earnings rally. Support is established... the stops know where to be. Looks like a good rallying point.
TSLA: Buy ideaBuy idea on TSLA as you can see on the chart because we have the breakout with force of the vwap indicator and the RL.
Tesla in daily logHello community,
A quick analysis of Elon Musk's action.
D-Day for him with the American election.
The market has granted him 6 red candles!
Doing politics and managing companies, I wonder if it's a good idea.
American citizen at the polls, your destiny is in your hands.
Courage, the world is watching you, American First!
Make your opinion, before placing an order.
► Thank you for boosting, commenting, subscribing!
New Risk: A Trump DefeatMarket volatility soars ahead of elections.
Currently down six consecutive days; down 9.76% over this period.
TESLA DIRECTION | CHAOS AT ITS PEAK TESLA trade idea looks solid for me and we will see a bit of correction
TSLA's Path Ahead: Bounce or Breakdown Nov. 6, 2024 Current Trend & Price Action
From the hourly chart, TSLA appears to be in a descending channel pattern, indicating a bearish trend. The stock has been facing consistent downward pressure, with lower highs and lower lows defining its structure over recent sessions. This pattern could signal a continuation of the downtrend if TSLA remains below key resistance levels.
Support & Resistance Levels
Immediate Resistance: Around $246 (top of the descending channel).
Key Resistance Zone: $266 - $273. A break above this area would indicate a bullish reversal.
Immediate Support: Near $239, which aligns with a recent horizontal level and the lower boundary of the channel.
Critical Support Zone: $230 - $235. Breaking below this could open the door for further downside.
Indicators
Moving Averages (15 EMA and 161 EMA): The purple and yellow EMAs show a downward trend, with TSLA trading below both, signaling a bearish sentiment.
MACD: It’s currently displaying a potential bullish crossover. If momentum follows through, this might offer a short-term bounce, especially if TSLA tests the lower channel boundary around $239.
Trading Strategy & Entry/Exit Points
Bounce Play: Look for a reversal signal at the $239 level. If buying pressure increases around this zone, a potential entry near $239-$240 could be viable, with a target at the upper channel boundary near $246 or $250.
Breakdown Play: If TSLA breaks below $239 with strong volume, it may indicate further downside. In this case, short positions could be considered with a target around $235 or lower, watching for support around $230.
Disclaimer: This analysis is for educational purposes only and is not financial advice. Please conduct your own research and trade responsibly.
Tesla's Next Big Moves: Buckle Up! Alright, here’s the lowdown: Tesla’s sitting right at $241 support, gearing up for a possible push up. If we hold this level, we’re eyeing $266 as the next stop. But here’s the kicker—if we fall below $241, that support could flip, and Tesla might tumble hard, possibly all the way to $157. Let’s keep it simple and watch the levels!"
Easy Breakdown for the Ride:
Where We’re at Now: $241 Support
Right now, Tesla’s hanging at the $241 mark, and this level is holding it steady. Think of it as the safety net. If we keep pushing up from here, we’ve got some exciting targets on the way.
Targets if We Move Up
First Target: $266
If we get some upward momentum and hold above $241, $266 is our next pitstop. This could be a nice level to watch for some gains.
Second Target: $279
Breaking $266 with strength? Then we’re looking at $279 as the next destination.
Big Target: $298
If the trend stays strong, $298 is the big target. But let’s keep it easy and focus on one level at a time!
The Drop Zone: Below $241
Here’s the flip side. If Tesla loses $241 support, this level could actually help the price go lower instead of higher. That could mean a big drop, and the next stop down could be as low as $157. So, eyes on this level—$241 is the line between bulls and bears right now!
Trading Tip
This setup is all about those key levels. If we stay above $241, we’re in the clear for now. But if $241 breaks, be prepared for a potentially deep drop. Keep your levels marked, stay flexible, and enjoy the ride!
Mindbloome Trading / Kris
Tesla: Wave [iii] Impulsive Move!Over the past two weeks, Tesla’s stock saw a sharp uptrend followed by a sell-off. We consider the low of the magenta wave as settled and now anticipate a five-part impulsive movement during the magenta wave . Regarding the subwave count, there is more room on the downside for the blue wave (ii), before the subsequent wave (iii) should surpass the resistance at $271. However, in our 30% likely alternative scenario, renewed selling pressure could push the stock below the $167.41 mark and thus toward a new low of the blue wave alt.(II).
TeslaCalls above 255.29
Puts below 246.86
A wedge pattern can signal either bullish or bearish price reversals.
The trend lines drawn above and below the price chart pattern can converge to help a trader or analyst anticipate a breakout reversal from either side. This strategy is based on price action and the volume of a candle upon breakout.
TSLA on Edge: Key Levels to Watch for November 4, 2024Technical Analysis:
Current Trend: TSLA has been in a steady downtrend within a descending channel on the 1-hour chart, forming lower highs and lower lows. Price action suggests bearish momentum, but a short-term pullback might be on the horizon.
Resistance Levels:
$255.57: Significant short-term resistance; a break above could signal potential bullish momentum.
$249.89 - $250.50: Key intraday resistance zone around the ask price. If TSLA breaks above this, expect retests toward $255.
Support Levels:
$245.05: Immediate support level; if this breaks, the next support is around $235.36, aligning with the channel’s lower boundary.
Indicators:
EMA (Exponential Moving Averages): Price is below both EMAs, confirming the bearish trend. A crossover above these would be the first sign of a potential reversal.
MACD: Currently showing bearish momentum, but any crossover may hint at a short-term reversal.
Potential Entry Points:
Short Position: If TSLA fails to break the $249 resistance zone, consider entering a short position with targets at $245 and $235.
Long Position: If TSLA breaks and holds above $250.50, a long position may be viable, aiming for $255.
Summary:
TSLA is under bearish pressure, and trading within a clear descending channel suggests cautious optimism for a pullback or shorting opportunities if the downward trend continues.
Disclaimer: This analysis is for informational purposes only. Always conduct your own research before trading.
TSLA BUYERS are back BUYING... Ascend next.TSLA is firming up a new base after hovering at the 61.8 FIB this past few days -- proving this level as a strong order block support on daily data.
Accumulation / net buying has started pouring in. Ascending higher lows has been registered.
Expect some significant price movement from here on, with a long bias.
Initial targets are the blue boxes.
Spotted at 162.0
TAYOR.
safeguard capital, always.
TESLA: Bulls Will Push Higher
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current TESLA chart which, if analyzed properly, clearly points in the upward direction.
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TSLA Technical AnalysisKey Levels
Support Levels:
$248.72: Near-term support level where buyers may step in if price approaches this level.
$232.00: Stronger support level if the stock continues its downtrend.
Resistance Levels:
$255.69: Immediate resistance where the stock is currently testing. A break above could suggest a bullish move.
$263.34: Next key resistance; breaking above this level could trigger further upside.
Price Action and Trends
TSLA is in a short-term downtrend, with a series of lower highs and lower lows. It is currently attempting a minor recovery, but it has not yet confirmed a reversal. The downtrend line above the price could serve as additional resistance.
Entry/Exit Points
Entry: If TSLA can break and hold above $255.69 with strong volume, it could offer a potential long entry targeting $263.34 or higher. If it revisits the $248.72 support and shows buying interest, it could provide an entry point as well.
Exit: Consider taking profits at $263.34 and possibly scaling out if momentum continues. If TSLA breaks below $248.72, it may invalidate a bullish setup, signaling an exit.
Additional Thoughts
MACD Crossover: The MACD is indicating a potential crossover, suggesting possible bullish momentum. However, confirmation from volume is necessary to validate a breakout.
Volume Trend: Recent volumes have been mixed, and a sustained move will likely require a pickup in buying volume to overcome resistance.
Disclaimer
This analysis is for educational purposes only and should not be considered financial advice. Trading carries risks, and you should perform your own analysis or consult a financial advisor before making any trades.
Tesla Going Back To 100? Support Levels & BD-Signals— For Tesla, Inc. (TSLA), we have a long-term downtrend, since November 2021.
— Short-term we have a double-top. July & October 2024.
— And a major long-term lower high between October 2024 and July 2023.
The stock is already in a bear-market, technically speaking, lower highs and lower lows.
— A low was hit in April 2024 and this led to present day chart structure, the double-top.
— The double-top is a lower high compared to July 2023 as mentioned above and this opens the possibility for a lower low compared to April's low; are you following?
👉 This means that TSLA will test next ~100 for the first time since January 2023, almost two years ago.
Support levels:
1) There will be a small stop around 215.
2) 180-190 is a strong support level. Partial profits would be smart here.
3) Next is April's low, both 2023 and 2024, a price range between 140-165.
4) Lower low and long-term double-bottom around 100-110.
Thank you for reading.
Namaste.
