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 Mindbloome-Trading0
Tesla (TSLA) on September 24, 2024For Tesla (TSLA) on September 24, 2024, the stock appears to be in a bullish phase following its 5% surge on Monday, September 23. This upward momentum is driven by positive analyst sentiment, including expectations of better-than-expected vehicle deliveries for Q3 and potential upcoming announcements related to Tesla's robotaxi event on October 10. Key Technical Levels: Support Levels: Initial support lies around $225, which aligns with the gap created in July. This level will likely serve as a buffer if the price pulls back. Stronger support can be found around $205, a level tied to previous lows and a potential entry point for bulls if further weakness is observed. Resistance Levels: The next resistance is near $265, a key area where sellers could emerge, capping the recent rally. If Tesla continues its upward trajectory, an extended target could be $300, where resistance could increase significantly. Price Action & Moving Averages: Short-Term Moving Averages (10-50 days) suggest continued bullishness with buy signals across key periods (5, 10, 20-day MAs). Tesla’s stock price around $238.25 is above critical short- and long-term moving averages, indicating upward momentum. The RSI is around 59.41, which implies that Tesla is not overbought, suggesting potential room for further gains before entering overbought territory. MACD & Stochastic Indicators: MACD (5.46) implies continued bullish momentum, though the Stochastic RSI at 84.43 signals a sell condition, suggesting caution for overextended moves in the short term. For tomorrow's trading, watch for a continuation of today's rally if Tesla can maintain momentum above $250. On the downside, watch the $225 support, as a break below could signal a reversal. It would be prudent to monitor volume levels closely since increased volume will provide stronger confirmation of any sustained price movement.Longby BullBear-Insights11
Short TESLA, Way overvalue. 13 reasons.Bullet Points: Automotive growth has slowed significantly. A lot more competition in EV and hybrid market. FSD is a scam, and it has been promise since 2016, it has improve but it is not ready (not even in the next 3 years). Robotaxi is not ready for now and will not be for near future (3 years) Optimus is a joke. Huge capex in infrustacture with no end future result. Elon may have to sell tesla stock to cover twitter loans. Regulatory. China is slowing down, Europe weakness and possible US recession (unlikely). Cybertrck is having production and will have demand issues. Semi really hard to scale production and there is not that much demand. Elon risk in general. Energy and other segments.(not enough) 1. Slowed Automotive Growth and deteriorating margins. Tesla's growth in the automotive sector has significantly slowed. While the company once enjoyed rapid expansion as the leader in the EV market, this growth is tapering off as new competition emerges and demand stabilizes. With increased competition from both traditional automakers and new entrants in the EV space, Tesla's first-mover advantage is eroding. We will see if rate cuts improve sales. 2. Increasing EV and Hybrid Competition The EV landscape is no longer Tesla's sole domain. Major automakers like Toyota, KIA, BYD, ..., have launched competitive electric and hybrid vehicles, cutting into Tesla's market share. Even luxury brands like Mercedes-Benz and BMW are entering the EV space. This increased competition pressures Tesla’s sales and pricing power, making it difficult for the company to maintain its market dominance and their 15% net profit margin. 3. Full Self-Driving (FSD) Delays and Overpromises Tesla has been touting its Full Self-Driving (FSD) technology since 2016, but it has yet to deliver a fully functional product. While improvements have been made, the system is far from achieving true autonomy. it's unlikely to be ready for widespread adoption within the next three years in my opinion, Tesla always brings the amount of data they have of all the teslas in the road but what people don´t undertand is as important to have lots of data as having cuality data and probably most of Tesla´s miles driven are low cuality data it takes time to filter thats way its not even close to ready. 4. Robotaxi Tesla's robotaxi vision is still far from reality. The current Full Self-Driving (FSD) system remains at Level 2 autonomy, meaning it still requires human supervision. Achieving the fully autonomous capability needed for a robotaxi fleet, which requires Level 4 or 5 autonomy, is a complex challenge that Tesla has yet to solve. In addition to technical limitations, regulatory hurdles are a major obstacle. Governments are cautious about approving fully autonomous vehicles, especially given Tesla's reliance on cameras without other sensors like LiDAR. Safety concerns and liability issues also complicate the timeline, making a near-term launch highly unlikely. We will see what the october 10th presentations holds but I think it is just smoke like the promise Roaster. It will be a cool pruduct but with no real plan behind it. 5. Skepticism Around Optimus Tesla’s humanoid robot project, in my opinion is stupid. It is similar to people that wanted to fly and copied bird, the human body is so complex it would be a nightmare to manufaucture, having a 300lb+ machine at home with all the batteries needed for it to last hourse doing things would be so impractical and unsave. Moreover, if you want to use it in factory you are compiting with factories around the world with much cheaper cost of labor. It is a coll concept but just that. robots are 20+ in the future. 6. Massive Capital Expenditure with Uncertain Returns Tesla continues to invest heavily in infrastructure, including new data centers and Nvidia GPUs, in an effort to advance its Full Self-Driving (FSD) technology. However, there is concern that these substantial investments may not deliver the expected returns. Tesla's current approach appears to rely on brute force—massive data processing power—to solve FSD, but this may not be the ultimate solution. It’s possible that more advanced or optimized hardware inside the cars themselves is needed to achieve true autonomy. While Tesla has made progress in reducing the error rates of its self-driving systems, achieving near-zero or fully error-free performance remains elusive. The complexities of real-world driving conditions may limit how far current AI and machine learning models can go, no matter how much data processing power they throw at the problem. If Tesla is unable to close this gap, the massive investment in infrastructure could ultimately prove to be a waste of resources. Only time will tell whether this approach will pay off or fall short of expectations. 7. Elon Musk’s Potentially sell to Cover X (formerly Twitter) Loans Elon Musk’s acquisition of Twitter has brought new financial pressures. To finance the deal, Musk took on significant debt (13 billion) in a high interest rate enviroment, twitter revenue keeps falling, and some analysts think that he may need to sell Tesla stock to cover these loans. Any significant sell-off of Tesla stock (1-2%)by Musk could erode investor confidence and put downward pressure on the stock price. 8. Regulatory and Legal Risks Tesla is facing increasing regulatory scrutiny, particularly regarding its self-driving features, especially in Europe and China. While China appears poised to grant Tesla limited permission to roll out FSD in certain cities, Europe is taking a much stricter stance. European regulators are likely to impose more stringent requirements, and there’s a possibility that FSD may never be approved for widespread use if the hardware is deemed insufficient for safe driving. Tesla’s reliance solely on cameras, without additional sensors like LiDAR or radar, could be a sticking point, as European authorities may view this approach as inadequate for ensuring the safety standards required on public roads. 9. Slowing Growth in China and Economic Uncertainty in the U.S. China, one of Tesla's largest markets, is experiencing a slowdown in economic growth. This presents a significant risk to Tesla, as China has been a key driver of the company’s expansion. Additionally, while a U.S. recession is considered unlikely by some, any economic downturn in the U.S. could negatively impact consumer demand for high-priced electric vehicles, further straining Tesla's growth prospects. 10. Cybertruck’s Production and Demand Concerns The much-anticipated Cybertruck is facing production delays, and there are concerns about its actual demand. While the vehicle has generated significant buzz, its unconventional design may limit its appeal to a niche market. Additionally, production challenges could prevent Tesla from meeting delivery targets, further hurting investor confidence. 11. Tesla Semi Faces Scalability and Demand Issues Tesla’s foray into heavy-duty electric trucks with the Tesla Semi faces significant challenges. Scaling production of such a vehicle is far more complex than producing passenger EVs, and there is uncertainty around demand. Many potential customers in the freight industry are hesitant to switch to electric semis due to high costs and limited infrastructure for charging and servicing. 12. The “Elon Risk” Factor Elon Musk’s leadership style and unpredictable behavior have increasingly become a risk for Tesla. While his vision and innovation were crucial in building Tesla, Musk's erratic tweets, controversial statements, and focus on non-core projects have raised concerns among investors. His distractions, including managing X and other ventures, pose risks to Tesla's long-term stability and focus. 13.Energy and other segments. Tesla’s energy division is growing fast but remains a small part of the business. While the demand for products like the Powerwall, Megapack, and solar panels is increasing, energy generation and storage still account for less than 6.3% of Tesla’s total revenue. The automotive segment continues to dominate the company’s financials. And other ventures like into insurance, i believe is a loss of focus with little upside. Conclusion. Tesla remains a pioneering company in the EV space, but its future is clouded with risks that could hinder its growth. Slowing automotive sales, increased competition, delays in key projects like FSD, and distractions from side ventures all contribute to a more bearish outlook. Furthermore, the company faces significant financial and regulatory risks that, if not managed well, could lead to a significant correction in its stock price and market value. Thanks the atencion let me know if i missed something, thanks.(open for discussion) @Marcos_Camacho4 Shortby Marcos_Camacho272737
TLSA beautiful set upWeekly TF show a massive trendline from ATH, Price attempted to break once, which failed, but also formed a new Lower Low (good support) $235 was a very strong resistance, which we broke last week, and successfully retested on Friday. This would be a good SL if entered long. Longby TheBullandBearLoungeUpdated 6
TSLA: Breakout the vwapBuy idea on TSLA as you can see on the chart because we have the breakout with force the vwap indicator by a big green candle.Longby PAZINI19118
Tesla UpdateLast Thursday Tesla finally raised to enter my target box. It hit the orange 1.0 I had drawn and started to consolidate lower. Rather it makes another high or two remains to be seen, but either way, we should be headed towards my next target box lower soon. Should price begin to raise again, it should ideally be contained by the 0.786 / 1.236 in the $252 area as mentioned previously. The 1.382 & 0.854 create confluence in the area of $258 should price somehow make it through the top of the box. There are a few ways to look at the pattern before us. On the larger time frame, this is either wave (2), or potentially still within primary wave ((2)). The prior targets the grey box from $182-$167.09 while the latter targets $102-$125 (turquoise box). There is a small possibility that this is the beginning of wave (3) of ((3)) but given the corrective nature of the pattern I find that highly unlikely at this time. If that were the case, then it would normally have moved higher with equal or even greater strength than the late April move higher. The move down from here should give us answers on where price ultimately wants to go. When we start to carve out the next part of the pattern, I should be able to give a more detailed answer to that question.by TSuth1114
TSLA Shortlooking catch bad new from robo taxi and earnings so i will have 220 puts for the 18th and if it dips on robo taxi well make earnings trade freeby Shawn03232
Tesla Wave Analysis: Key Weekly to 30-Minute Projections to WatcHey traders, here’s a quick Tesla update! We’re sitting around $238, and here are the key scenarios I’m watching: Scenario 1: If we hold here, we could see a move up to $250 before a deeper correction. Scenario 2: We might break down to $235-$233, then potentially rebound from there. Worst Case #1: If a deeper correction happens now, Tesla could drop to $222, but eventually head toward $260. Worst Case #2: If we break below $222, then $210 is imminent. This would be a major red flag, so we need to be careful—it could lead to further breakdown in the market. What do you think? Agree with these levels? I’d love to hear your feedback on what you like, don’t like, or any thoughts you have. Let’s stay sharp and safe out there! MB Trader15:51by Mindbloome-Trading2
Tesla, Inc. (TSLA) short term outlookNASDAQ:TSLA The price has recently moved above the previous resistance at $235 and is trending upwards within the Bollinger Bands. A breakout beyond the current range could push the stock toward the next resistance level near $265. With rising volume and price action maintaining strength above the moving averages, this upward momentum could continue. Monitoring volume and the stock's behavior around the $245 resistance will be crucial to confirming a breakout or potential retracement. ( NASDAQ:QQQ SP:SPX AMEX:SPY )by TraderhrTrading2
TESLA My Opinion! SELL! My dear subscribers, My technical analysis for TESLA is below: The price is coiling around a solid key level - 238.28 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 227.90 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK Shortby AnabelSignals113
Tesla, Inc _ Sep + Early _ Oct_ Distribution _ Prices: Tesla, Inc _ Sep + Early _ Oct _ Distribution _ Prices: Mid Distribution price = $256.60 Drop to the key level of $223.48 _______________________ 2nd Support confirmation = $260.79 ______________________________ Retest depending on current confirmation of Retest. Once the 2 key level of Retest is confirmed we will be expecting the following distribution prices: $268.01 Follow by mid lower retest then the Sep ( May go to early Oct, depending on mid lower Retest if a new support confirmation is confirmed during the week when the market is open. Distribution price will be $283.93 ____________________________ We will go down from Sep Distribution to the key level of to the level of $212.97 (Unless This area is corrected during the coming week)Shortby Skill-Knowledge-Conduct336
Tesla on the Rise: Can We Hit $350Hey traders! MB Trader here—hope everyone had a great week of trading. Let's dive into Tesla and talk about two potential scenarios I'm watching closely. There are some key levels in play, so here’s a quick breakdown of what could happen next: Scenario 1: Correct and Push Higher -We could see a correction, but Tesla might still head upwards toward the $250 range. -This means a short-term pullback followed by a rise to $250 before any bigger correction hits. This is the scenario I’m leaning toward until we get more data confirming the move. Scenario 2: Deeper Correction Before Rebound -If the correction goes deeper, Tesla could drop to $223-$228 before rebounding. -This range is a crucial support level to watch—if it holds, we correct back up. But, if that level doesn’t hold, we could break down toward $200 or even lower. What I'm Thinking: Right now, I’m more inclined toward the idea of hitting $250 first, then seeing a deeper pullback. However, I'm staying cautious until we get more data, as Tesla’s moves can be unpredictable. Let’s see how this plays out—stay sharp and keep those key levels on your radar. Talk soon!Long19:41by Mindbloome-Trading446
TSLA LONG 🚀 TSLA has broken out of its range, indicating a continuation in the squeeze towards projected levels! 📈 With strong momentum and positive market sentiment, the stock looks set for further gains. Keep an eye on this bullish trend! ⚡️ #TSLA #Stocks #BullishLongby SPYDERMARKET5
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 UnitedSignals111
TSLA: SqueezeOn TSLA as you can see on the chart we have a squeeze so it's mean that we would have a hight probability to have a downtrend.Shortby PAZINI198
The Price of Tesla (TSLA) Shares Has Risen by More Than 7%The Price of Tesla (TSLA) Shares Has Risen by More Than 7% As the Tesla (TSLA) stock chart shows today, the price increased by more than 7% during yesterday's trading, surpassing the $240 mark. The bullish sentiment was supported by the following factors: → The Federal Reserve's decision to cut interest rates by 0.5%; → Data tracked by Citi analyst Jeff Chung. According to Barron’s, they indicated that Tesla sold more than 15,000 vehicles in China last week – strong sales there could help the company deliver one of its best quarters. → A key signal from the technical analysis of the Tesla (TSLA) chart. Today's technical analysis of the Tesla (TSLA) chart shows that: → The price has broken through the $233 resistance level, which had been exerting pressure since the end of July. Notably, the rising lows A-B-C (resembling a bullish cup and handle pattern) suggest that demand strength has been increasing over time, which ultimately led to the breakout. → The blue channel, constructed using the linear regression method, points to an upward trend, with the price entering the upper half of this channel – further confirmation of bullish sentiment. On 16 August, when analysing the TSLA chart, we suggested that the $200 level could serve as a platform from which Tesla (TSLA) would begin its growth story. What’s next? It’s possible that the bullish momentum accompanying the break of the $233 resistance will drive the price towards the upper boundary of the upward channel, which was formed from the lows of 5 August (shown in purple). This could result in closing the bearish gap from 24 July. If so, it would motivate experts to raise their assessments, as they currently remain pessimistic. According to the average opinion of analysts surveyed by TipRanks, the 12-month price forecast for Tesla (TSLA) shares stands at $208.46, indicating the potential for a decline towards the lower boundary of the blue channel. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen228
squeeze please #TSLA I dont usually trade stonx but kinda had to shift strategy in FX (no volatility). I surely dont wanna miss the trade of 2024. Been on my mind all year. Longby CajunXChange3
TSLA - TargetsMultiple areas of confluence after breakout, searching for liquidity above.Longby SPYDERMARKET1
TESLA isn't stopping...Long Term Great as Well (Target ATH)Posted on Sept 19. TESLA isn't going to slow down. Already 50% gain on my $245 calls 11/15 that I bought at close Sep 18. Trade plan below. Tsla has looked great for about a month creating this uptrend and now with the confirmed rate cut of 50 bps. Tsla is a volatile stock with a beta of ~1.81. This is a risky play and proper risk management is required. For me I allocated about 5% of my portfolio into this play and have not increased my position today. My plan is if TSLA is unable to reach it's ATH and begins falling I will set my stop loss for 50% of my original position. I currently have capital set aside ~10% to continue buying TSLA at these hypothetical lower prices as I have a strong thesis for LONG TSLA. With a 60 P/E, a strong USA economy, the move to electric cars being pushed, and a strong TSLA team in all disciplines leads me to believe they are at the forefront of innovation and a 60 P/E is more than justified. Long04:06by Ethan_Kakavetsis1112
TSLA: Breaking Out?TSLA is looking ready for a breakout. It has broken the first trendline resistance. If it breaks the second AND gets above 271, I think it could be a sure fire long to ATH or even new ATH. For now, I am watching. Longby TheStockMan224
TSLA - BULLISH NOT BULLSH**Wow, I remember when I first posted and TSLA was at 207... If only my confidence in my own trading analysis was stronger... There were so many times I second guessed myself causing me to pick poor entries and sell options early at a loss. Lesson - don't doubt yourself - believe in yourself. TSLA is now entering squeeze territory - We are still in squeeze territory on the one day, one month and 12 month. Apple and Nvidia have both already broken out of a 12 month squeeze... We now have a clear path to 270 +... and you know what happens at 270+... that giant inverse head and shoulder I discovered at 207 will be complete. After that TSLA could blow up similar to NDVA. Why TSLA has so much room to keep pushing; - Still 140$ off the ATH of 381.59. - NVDA share price all time - up 298,235.25% - AAPL share price all time - up 177,978.42% - TSLA share price all time - up 18,982.02% on the year TSLA is still down 8%... I believe TSLA will double and reach an all-new ATH. Rolled a lot of my calls over to 10/18. We might see a squeeze tomorrow or more consolidation until it continues into next week. Longby MadameWolf5
TSLA - +15% upside with good RRGood play here for a continuation to recent highs of $270 but it could also move higher on momentum from fed rate cuts. Longby subtlepapi111
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_Charts1