TSLA Daily Reverse Head and Shoulder breakoutYesterday 5th of september TSLA broke out on a reverse H/S pattern pattern continuation gives a target of about 27.6% upside to $296,6
TSLA trade ideas
tesla daily chartsas we can see, resistance/ supply zones are not pushing price down
instead price keeps pushing up
now its near a weekly and daily gap area which could be a resistance
i am not going long for now. i expect price to reject.
however, the way it gets pushed down will determine if the uptrend continues or if it ends.
if it gets pushed down by force, then i won't be longing it yet
if its a very corrective move down, i will wait for confirmation to go long. It could go above $270 n beyond if that happens
TSLA - $235 break for gap entry to $246.30.TSLA - Stock breaking out of trendline channel bouncing off support trendline. Stock has gap to fill to $246.30. Calls above $235 for gap entry. Stock is strong on indicator and moving with momentum. Lot of call flow coming in on high watch.
tesla stock analysistesla is showing bullishness
look at it rejecting off the monthly flip zone, but not creating a new low, it did not take out jan 2023's low.
instead it kept pushing up
look at the blue box (it is a weekly flip zone). that did not hold as well
and tesla is now making higher highs and higher lows
TSLA has room on the daily chart for continuation.NASDAQ:TSLA has been on a strong run since the daily 50 SMA reclaim last week. If TSLA continues to build above $222 and takes out today's highs, there is room on the daily chart to $230 and $240 in subsequent days.
TSLA OutlookTesla is in a huge ascending broadening wedge which is bearish. At my price target you'll see it also forms a double top.
This is how I estimate it to play out.
First real support for me is at red line (presently 26 USD - Subject to change if stock split etc.. hopefully the chart auto updates if so)
Just an idea - Not financial advice.
TSLA: If there was ever a time... If there was ever a time to get your positions in before a serious rally, go ahead and prepare yourselves. Based on current projections, it looks as though we have the ability to enter into a final impulse wave. If Tesla executes on a fundamental basis, I do believe there's no stopping it.
We are in the final move of our corrective phase, and coiling.
Don't try an time it. You won't be thinking about how you wish you would have gotten 180 instead of 230, when you're looking at 750/share.
No trades , just investing in the future and holding.
TESLA broke above the 2-month Resistance and is aiming for $300Last month (August 15, see chart below) we gave a pull-back buy signal on Tesla (TSLA) and the price action swiftly responded with a August 28 Low and then rebound:
The rebound was on the 1D MA200 (orange trend-line) and today we see a strong bullish break-out above the 1D MA50 (blue trend-line). This alone is enough to confirm the start of the next phase of the Bullish Leg, since the long-term pattern is a Channel Up, as closing above 228.00 will constitute a Higher High.
Technically the structure is similar to the previous mid-Bullish Leg consolidation (April 30 - June 24), even the 1D MACD sequences between the two fractals are similar. In that sense we can't rule out some more ranged trading for September but on the long-term our Target remains unchanged.
We expect the $300 level to break before November.
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TSLA -- Inverse Head & Shoulders breakoutInverse Head & Shoulders pattern breakout. ~ 276 technical target.
TSLA: Spring effect: Buy ideaBuy idea on TSLA as you can see on the chart because we have a spring effect on the support line and also if we have the breakout with force the vwap and the resistance line by a big green candle.
TSLA: Spring effect: Buy ideaBuy idea on TSLA as you can see on the chart because we have a spring effect on the support line and also if we have the breakout with force the vwap and the resistance line by a big green candle.
Tesla (TSLA) on a 1-hour chartChart Overview
Price Channel: There's an upward price channel with parallel trendlines indicating higher highs and higher lows. Tesla is trending upward within this channel.
Current Price: TSLA is trading at around 225.40, with resistance just overhead.
Support and Resistance:
Resistance: Around 226-227, which is aligned with the top of the price channel.
Support: Around 220 and 216 levels, where the price has previously bounced.
Key Indicators:
Volume: Volume is relatively lower at the rightmost candle, suggesting that the upward move may be weakening. Watch for increased volume for confirmation of direction.
Oscillator (likely MACD or Stochastic): The oscillator at the bottom shows some mixed signals, but there may be a bearish divergence, indicating that while price is making higher highs, momentum is weakening.
Price Action Analysis:
Upward Trend: Tesla is currently in an uptrend, forming higher highs and higher lows within the channel. The price action indicates bullish control for now, but momentum is slowing as it approaches the resistance level near 226.
Potential Pullback: With the price near the upper channel, there could be a pullback toward the 220 level, where the lower boundary of the channel and support line are situated.
Breakout/Breakdown Scenarios:
Breakout: If Tesla breaks through the 227 resistance with strong volume, it could aim for 230+, possibly reaching the top of the channel.
Pullback: If Tesla fails to break resistance and retreats, look for support at 220 and 216.
Support Levels to Watch:
220: Minor support, also coincides with the midline of the channel.
216-213: Stronger support, where the price has bounced a few times.
Psychological Level: The 225-227 zone could act as a psychological barrier, making it a key area to watch for reaction from buyers or sellers.
Strategy:
Bullish Play: Look for a breakout above 227 with increased volume. A breakout above this resistance could signal further bullish momentum toward 230-234.
Bearish Play: If Tesla struggles to maintain the 225 level and drops below 220, there could be a test of the lower support levels at 216 and below. This would also likely signal the weakening of the upward channel.
In summary, Tesla is currently testing its resistance within a channel. A breakout above 227 can lead to continued bullishness, while failure to break might result in a pullback to 220 or lower. Monitoring volume and the oscillator's momentum will be key to confirming the next move.
TSLA broke the recent downtrend BUY+++First target is $231.14 TSLA recently broke the downtrend as I posted prior I don't believe it is a buy under $214 which is the downtrend break of structure over this level.
TSLA Trendline Test Short IdeaTSLA had a big move up today, but it has several resistance right where it's at now. We have an ascending channel/wedge that it is at the top end of. Also, the descending trendline above is the monster one from ATH in 2021. A break above would be quite bullish IMO so I'd look for longs on a retest at that point. For now I expect downside, targeting the $200 area. Stop would be 1-3 daily closes above the major trendline.
TESLA LONG Diamond demandTesla Weekly Diamond Demand 200 level
Tesla Weekly Demand Cap 125 level
Tesla Target 1: 300
Tesla Target 1: 353
Tesla Four Hour surprising correction but how far will it go up?So Based on previous analysis the thesis is we would drop down however this did not occur.
With the new thesis we are seeing possible 5 scenarios take shape plus one which is Tesla takes off like a rocket and makes higher highs: however unless confirmed on the Weekly I dont see that being likely as of yet.
Currently the 235-238 area is what I am more leaning towards: however that being said the market can drop at one of those five levels shown in the image. So please be beware of it.
Any thoughts or questions? What do you like and dont like? Always open to feedback
MB Trader
Tesla Daily: Correcting up but how high will it go? So based on our previous analysis Tesla didn't break down which then allowed us to change our thesis that we are still correcting.
Based on what we see 235-238 range is what I see however it breaks that we can go to 252 which is not out of the question either
Currently I have given 4 analysis on the chart on where we see this market moving to.
Using technical analysis with fibs the probability for me hitting 235 and going down is high however we dont control the market our job is to follow it.
What are your thoughts on this analysis ? Like it ? Hate it? What more lower time frames or something else let me know
MB Trader
Tesla Weekly Correction up then down? Based on the analysis I see the trend for Tesla correcting to one of 3 levels then going back down with my original thesis.
However if the market breaks above the weekly high this would disprove my original thesis and then the trend of this market has changed from Bearish to Bullish.
What are your thoughts? Comments leave them below
MB Trader
Looked good but...No positions here. Apparently Tesla is forming a bearish flag. I think is going back to the 170 support or even 150. I'm not buying the dip, I'm selling the rallies. We are in a bearish market or a consolidation phase. I have all my longs covered with calls. As soon I get a chance, I'll sell them.
TSLA daily chart shows clean channels for trading this week.NASDAQ:TSLA has clean channels on the daily chart, both to the upside and downside, for trading this week. TSLA closed just below the daily 10 SMA, which is the next key supply it must reclaim before going higher and potentially testing the daily 325 SMA and daily 50 SMA just above that. If it can reclaim the daily 50 SMA, along with NASDAQ:QQQ building a strong base above its own daily 50 SMA, then TSLA will be in a strong position to push higher to the daily upper Bollinger Band, while continuing higher on the C to D leg of the Gartley harmonic discussed previously.
Alternatively, if QQQ continues to reject the daily 10 SMA and loses the daily 50 SMA demand, TSLA may lose its daily 200 SMA. This would invalidate the Gartley harmonic and TSLA would trade down to the next daily demand, which is the rising daily 100 SMA. I continue to be positioned long into next week, because I believe the upside potential is stronger on this name; however, it is important to always be prepared for both bullish and bearish scenarios in order to execute with confidence during the trading day.
Tesla long term analysisNASDAQ:TSLA
Ok for
@Luca_Amenta
Also i am posting another one on this in the ideas so people can see it easier
This is a swing analysis for tesla
This is made using the 1Hour candle timeframe
Breakdown on interest areas
1 Resistance 240-236
2 Resistance 228 - 255
3 Support trend
4 Support 194.5 - 189
5 Key area 206.5 - 202.5
1 Resistance 240-236
Analysis
Very High probability outcome of a reactions to this area after a break up from resistance 2 if it has not broken the support trend line
2 Resistance 228 - 255
Weak chance of it having a reactionary effort
most probable reaction is 1 with price will likely hit it then moves down to the support trend before moving back up and break it to then move to resistance area 1
3 Support trend
Unlikely to be broken before resistance number 1 is hit but if it does then we can see an new support be formed at the Key area 1 for an reactions there depending on how it forms.
4 Support 194.5 - 189
After resistance number 1 is hit the most probable outcomes will be that it will likely head down to this price to form a reaction here after breaking both the key area and supporting trend
Only really a matter of time that hit area gets hit but what matters is how it gets hit
If this area somehow gets hit form before resistance 1 then price will have a bull run back up to resistance 1
5 Key area 206.5 - 202.5
This is an important level for the price movement as it acts as a sort of hub for how price will moving in and out of this area to then form some sort of formations that will either validate a support into a Temporary move up support or resistance after it gets broken downside for this being mainly there to predict some of the smaller movement that might give up some advance heads up warning to what might come
Summary;
I am personally think a move to resistance number 2 then followed by support trend which then will be followed by a breakout upside to resistance number 1
That's just a simple summary for me
I do expect 238 first before a drop happens rapidly to somewhere such as Key area 1
That's just my idea
The summary is m idea and personal bias with the information's i have on hand
The rest of the information above are relatively free of bias when analyzing each of the areas so i guess those are to be kept as just some things to pay attention to
