TSLAD trade ideas
Tesla: Bullish Momentum on Full DisplayTesla's price is soaring to new heights, showcasing impressive bullish momentum that continues to attract buyers and speculators alike. The stock is currently trading at its highest level, capturing the attention of the market.
📈 What I Anticipate:
As shown in my chart, Tesla's upward trajectory remains strong. However, it's important to keep in mind that price movements rarely happen in a straight line. Along the way, we might see some pullbacks or consolidations—normal and healthy signs in a trending market.
💡 Key Takeaway for Traders:
While the bullish sentiment is undeniable, managing risk is crucial. Look for potential retracement levels that could provide favorable entries or opportunities to adjust your position. Remember, the market often rewards patience and preparedness.
Let me know your thoughts, and keep an eye on my chart for insights into the key levels and possible scenarios ahead. Happy trading! 🔥
TSLA - next resistance at $455TSLA - Stock close right around 0.786 fib level. Next level at $455. Do see some resistance at $430 before it goes there. Stock having an amazing this week. looking for calls above $430. Today BMW Called Tesla FSD 'Very Impressive,' Gary Black Says Automakers Will Eventually License It: 'One Deal Will Cause Others To Follow'. Indicating more business for the company.
Telsa ....CyQo's Spider NestThis is the outlines along with the flags to show multiple convergent levels of over 20 chart pattern recognition techniques along with 10 way more creative ones that take too long to explain. Notice the clusters at key points. Open space above the 430 window, so when crossing 450...I'll do another...
Used:
Fib Bollinger Bands
Fib Retracement
Fib extension
Fib trend extension
Fib channel
Trend Channel
Price Range gap Trending
and most importantly..the Thoughts and Feels...cause that always works :p
TSLA: Will History Repeat?Last year we had a similar bullish flag pattern with one fakeout, then price descending towards lower trend line. Last year after this the price began to rally 90% to the upside. I have no idea what will happen but found this interesting and thought I'd share.
Trend lines are drawn on the daily chart so they might look a bit funny here.
$TSLA Long term trend on trackNASDAQ:TSLA is beginning to push towards new highs, following a long term consolidation. I last posted about Tesla around $245. I'm more bullish now than I was before, my reasons are more expressly explained here in the post below:
Just wanted to post an update, as next week the FED is likely to cut rates more, further fanning the flames of inflation into equities as people search for yield
TSLA huge potential check this out!!!Hi guys, I think tesla can go to 350+ really soon easily because of:
Bullish RSI b/o
Weekly MACD curl
5th time hitting 2y downtrend
Feds lowering rates
AI & Optimus potential
NEW TECHNICAL ANALYSIS ON TESLAKey Indicators and Tools for My Chart:
Signals:
Bullish: 50-day EMA crosses above the 200-day MA (Golden Cross).
Bullish: 9-day EMA crosses above the 200-day MA (Death Cross).
Bullish: 21 day EMA crosses above 200-day
. Relative Strength Index (RSI) (Momentum)
Purpose: Identify overbought or oversold conditions.
Settings: Default (14 periods).
Signals:
Bullish: RSI rises above 50 and heads toward 70.
Overbought (potential reversal): RSI > 70.
Oversold (potential reversal): RSI < 30.
Settings:
Fast EMA = 12
Slow EMA = 26
Signal Line = 9
Signals:
Bullish: MACD line crosses above the signal line.
Bearish: MACD line crosses below the signal line.
Confirm strength with the histogram (increasing bars = stronger momentum).
Fibonacci Retracement Levels (Key Support/Resistance)
Purpose: Identify key retracement levels where price may reverse or continue.
How to Use:
Draw from the most recent swing low to swing high (in an uptrend) or swing high to swing low (in a downtrend).
Key Levels: 38.2%, 50%, and 61.8%.
Signals:
Bullish: Price finds support near a Fibonacci level and reverses higher.
Bearish: Price faces resistance at a Fibonacci level and reverses lower.
Volume (Trend Confirmation)
Purpose: Confirm the strength of price movements.
Signals:
Bullish: Increasing volume on up days (price increases).
Bearish: Increasing volume on down days (price decreases).
Reversal: Price movements with declining volume often indicate weakening momentum.
TSLA Technical Analysis: Gamma Exposure for Levels, Price Action1. Key Levels Identified:
* Highest Positive NETGEX (Call Resistance): $400
* Represents a strong resistance level due to the accumulation of call options. If TSLA approaches this level, market maker hedging could slow upward momentum or cause consolidation.
* Second Call Wall: $420
* Indicates additional resistance and a potential target for bullish momentum if $400 is breached.
* HVL (Hedging Volatility Level): $347.50
* A critical support area where market makers adjust hedging to neutralize exposure. Price movements near this level could lead to temporary stabilization.
* PUT Walls:
* 3rd PUT Wall: $340 (-1.37% Gamma Exposure)
* A moderate support level with notable hedging activity.
* 2nd PUT Wall: $330
* Stronger support, likely to hold unless broader market sentiment turns bearish.
2. Price Action:
* TSLA is trading around $403, testing the resistance at the $400 level. A break above $400 could push the price towards $420, while a rejection might result in a retracement towards $390 or lower.
Technical Indicators Analysis:
1. MACD:
* The MACD line is showing bullish momentum, with the histogram suggesting potential upside. However, watch for any divergence near resistance levels.
2. Stochastic RSI:
* Currently overbought, signaling potential short-term exhaustion. A downward crossover could indicate a pullback.
3. Trendlines:
* An ascending trendline supports the bullish structure, intersecting near $390. A breakdown below this trendline would invalidate the bullish momentum.
Options Strategy Plan:
1. Bullish Scenario:
* If TSLA sustains above $400:
* Call Option Entry: Strike price at $410 or $420, expiration within 1-2 weeks.
* Target: $420.
* Stop-Loss: $395.
2. Bearish Scenario:
* If TSLA rejects $400 and drops below $390:
* Put Option Entry: Strike price at $380 or $370, expiration within 1-2 weeks.
* Target: $370 (next major support zone).
* Stop-Loss: $395.
3. Neutral Strategy:
* If TSLA consolidates between $390 and $400:
* Iron Condor Strategy:
* Sell a call at $410 and a put at $380.
* Buy a call at $420 and a put at $370 to limit risk.
Recommendation for Expiration Date:
* Short-Term Expiry (1-2 weeks): Best for directional trades based on breakouts or rejections from key gamma levels.
* Longer Expiry (2-3 weeks): Ideal for capturing momentum plays or wider ranges.
Summary of Gamma Insights:
* The $400 level is pivotal for TSLA. A breakout above this level aligns with gamma positioning that supports upward momentum.
* Support levels around $390 and $347.50 provide clear areas for stop-loss placement or potential reversals.
* Traders can use gamma levels to anticipate volatility spikes and align their strategies accordingly.
Disclaimer:
This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research and risk management before executing trades.
Tesla’s Golden Zone Bounce: Are We Heading to $460?Tesla has shown remarkable price action after sweeping the sell-side liquidity on the monthly chart at $152.49. Price tapped into the Golden Zone (OTE) and closed strongly above the sell-side level. This confluence, combined with robust candle closures, signals potential upside momentum.
Key Levels to Watch:
Immediate Target:
Price is aiming for the $460 range, marking a full swing move.
Retracement Zone:
If a retracement occurs, look for a pullback into the High-Probability Fair Value Gap (FVG) near $300.61. This zone could act as a strong support for another leg upward.
Conclusion:
Short-term: Price targets $460.
Medium-term: Watch for retracement into $300.61 before further upside potential.
DYOR (Do Your Own Research)!
TSLA LongTSLA currently priced @ 389.79 ... with a target of 400 and an extended target of 410-420
TSLA chart currently shows a breakout above the upper trend-line...
- the move to the upside will target 400 as a psych level with heavy liquidity being at 410 and 420 due to current open interest levels on call options.
- a move back to the downside will be considered a buy the dip opportunity or re-test of Friday and todays price action
- the opening price on Friday's candle and the low of today's candle will serve as support levels at 377.42 and 378 respectively
- holding 390 and breaking above the slight resistance at 397 opens up 400 and higher (This will rage!!)
Indicators like MACD & RSI are trending upwards and looking bullish
9-day EMA and 50-day EMA are both trending upwards and the 9-day EMA is trending upward and away from the 50 which is bullish.
Call options that are interesting:
-TSLA 400 Call 12/13
-Volume: 144,881 (contracts traded)
-Open Interest: 37,205 (open positions and liquidity)
-Volume to Open Interest ratio ~ 3:1
-Open Interest for tomorrow has to open up around 75k plus. Why? As an investor or trader, you are looking to see people hold their investment position as a sign of trend confirmation and continuation
-TSLA 410 Call 12/13
-Volume: 43,965
-Open Interest: 4,923
-Volume to Open Interest ratio ~ 9:1
-Open Interest for tomorrow has to open up around 25k
-TSLA 420 Call 12/13
-Volume: 57,432
-Open Interest: 37,598
-Volume to Open Interest ratio ~ 1.5:1
-Open Interest has to open up around - 45k
Tesla(TSLA) 4h technical analysis- Support Resistance Trend LineIndicator settings and test on Tesla (TSLA) 4h chart
Indicator: Support Resistance Trend Line (SRTL)
Indicator link:
Chart analysis and drawing important areas is a time-consuming task that requires constant review and modification and updating to match the current market conditions and the selected timeframe, which will inevitably be accompanied by inadvertent mistakes.
This indicator automatically draws and updates the important areas of technical analysis (Support-Resistance, Demand-Supply, Trend lines, ). So you do not need to spend time analyzing the chart and updating it, and all these items will be drawn for you with high accuracy, and you can easily move quickly through all the symbols and timeframes you want, and the necessary and up-to-date information will always be at your disposal, and all you need to do is focus on managing your capital based on your personal strategy.
Features:
Drawing current trend lines and the last broken trend lines
Drawing support and resistance (supply and demand) areas along with showing the strength of the area compared to other areas
Drawing price compression areas
Drawing range areas
Drawing pivot moving average area
Sending notifications for important events such as the formation of a new trend line, breaking a trend line, breaking a support or resistance area, exiting accumulation areas, entering or exiting the pivot moving average area.
#indicators #trade #technicalanalysis #support_resistance #trendline #demand_suply
Trading Plan for TSLA: December 10, 2024Key Levels to Watch
1. Resistance Levels:
* $390 (2nd Call Wall): A significant gamma-based resistance zone where market-makers may adjust their hedging activity, potentially capping upside momentum.
* $400 (Next Key Level): Breaking above $390 with strong volume could lead to a rally toward $400, supported by bullish momentum.
2. Support Levels:
* $380 (Gamma Support): Critical support level identified by the GEX indicator. A bounce from here would align with institutional activity.
* $370: If $380 breaks, $370 could be the next target, acting as the secondary gamma-supported level.
Scenarios and Trade Ideas
1. Bullish Scenario:
* Look for a breakout above $390, confirmed by increased volume and bullish MACD/RSI signals.
* Entry Point: $391 with a target of $400 and $410.
* Stop-Loss: Below $389 to minimize risk.
* Rationale: Gamma unwind above $390 could trigger additional upside momentum, supported by the trendline.
2. Bearish Scenario:
* Watch for a breakdown below $380, accompanied by high selling volume and bearish indicators.
* Entry Point: $379 with a target of $370.
* Stop-Loss: Above $382.
* Rationale: Breaking gamma support at $380 could lead to a quick drop toward $370, reflecting market-maker adjustments.
Intraday Plan
1. Morning:
* Monitor the open for directionality. Look for any gap-up or gap-down behavior near $390 or $380 to confirm early momentum.
* Bullish: If price holds above $390 with rising volume, consider a long trade targeting $400.
* Bearish: If price fails to hold $390, short to $380 with tight stops.
2. Midday Consolidation:
* Expect price to hover near key gamma levels ($390 or $380). Scalping opportunities may arise within these zones.
* Use MACD and RSI to confirm entries during consolidation phases.
3. Afternoon Directional Move:
* Watch for potential breakouts or breakdowns from $390 or $380 as traders position for the next session.
* Align trades with GEX indicator levels for precision.
Key Indicators
1. Gamma Exposure (GEX):
* Use $390 and $380 to gauge where institutional hedging may cause reversals or consolidations.
* Anticipate volatility near these levels.
2. Trendlines:
* Confirm bullish or bearish bias based on the price's respect or breach of trendlines.
3. MACD/RSI:
* Use MACD crossovers and RSI readings to validate momentum shifts around gamma zones.
Summary
For tomorrow's trading session, focus on price action near $390 (GEX Gamma key resistance) and $380 (GEX Gamma key support). Leverage gamma-based levels for precision entries and exits, and align with trendline and indicator confirmations for a well-rounded trading strategy. Keep risk management at the forefront and be prepared for high volatility at gamma pivot points.
Disclaimer
This analysis is for informational purposes only and not financial advice. Please consult your financial advisor or conduct your own research before trading.
An Update For MY Followers Hey Everyone
Wanted to quickly update everyone as I have been MIA the last two weeks working on a really cool project to create even more value for everyone. I will be back in action tomorrow, so if you have any assets you want me to analyze let me know and I will do that for you. Secondly if you are wanting to increase your wellness and your trading send me a DM.
Hope everyone has a awesome day and I will see you tomorrow
Kris / Mindbloome Exchange
Trade What You See
Tesla - Ending 2024 With A Parabolic Rally!Tesla ( NASDAQ:TSLA ) is clearly not done for 2024:
Click chart above to see the detailed analysis👆🏻
Despite (or maybe even because of) the strong rally during November of 2024, Tesla is clearly not done with its bullish plans yet. Market structure, cycles and also price action are all pointing to a stronger move higher and we will see at least a retest of the previous all time highs.
Levels to watch: $420
Keep your long term vision,
Philip (BasicTrading)
TSLA CRACK!TSLA cracking higher with a gap up breaking out of a wedge after several attempts this year,
Personally, I don't like wedges since they have a tendency to crack one way and reverse the other.
But having the entire US gov't giving you a free pass to do whatever you want without fear of being prosecuted for illegal activity and getting even more free money from the taxpayers. It might be different this time.
I can only tell you what the charts say.
TESLA $TSLA | TESLA RALLY TO 400?! (ASCENDING TRIANGLE) Dec05'24TESLA NASDAQ:TSLA | TESLA RALLY TO 400?! (ASCENDING TRIANGLE) Dec05'24
NASDAQ:TSLA BUY/LONG ZONE (GREEN): $357.50 - $400.00
NASDAQ:TSLA DO NOT TRADE/DNT ZONE (WHITE): $331.00 - $357.50
NASDAQ:TSLA SELL/SHORT ZONE (RED): $270.00 - $331.00
NASDAQ:TSLA Trends:
NASDAQ:TSLA Weekly Trend: Bullish
NASDAQ:TSLA Daily Trend: Bullish
NASDAQ:TSLA 4H Trend: Bullish
NASDAQ:TSLA 1H Trend: Bullish
NASDAQ:TSLA is hanging on to the strong bullish rally that first began after the most recent earnings report (Oct23), followed by the Trump rally after the presidential election. NASDAQ:TSLA has been building an ascending triangle at the 360 price level, and a popular belief is that a break above this level will be the start of the push to the 400 price level. Here is what I'm personally looking at for possible NASDAQ:TSLA trade opportunities, potential for upside and downside, and how I'm viewing price structure and technicals with the help of some of my personal indicators!
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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Telsa, Bullish Opportunity: Wait for the Pullback first.TESLA / 1D
Hello Traders, welcome back to another market breakdown.
The market is showing strong bullish momentum, breaking through key resistance levels and signaling a potential continuation to the upside. However, instead of jumping in at current levels, I recommend waiting for a pullback into the breakout zone for a more strategic entry.
If the pullback holds and buying confirms, the next leg higher could target:
1- First Resistance: Immediate levels formed during prior consolidation.
2- All-time high
3- The one standard deviation target is shown in the chart.
Why Wait?
Entering after a pullback ensures you're trading with confirmation and reduces the risk of chasing the market. This approach not only minimizes drawdowns but also increases the probability of catching the trend at a stronger position.
Stay disciplined, wait for the market to come to you, and trade with confidence!
Trade safely,
Trader Leo.
TSLA (1-Hour Timeframe) Analysis. Dec. 9Market Overview
* TSLA has been trading in a clear uptrend, with a strong push to retest the resistance zone at $399.00.
* A rising wedge pattern is forming, which could signal a potential pullback if momentum slows.
* Volume is declining on the latest push upwards, suggesting reduced buyer enthusiasm near resistance.
Key Levels
1. Resistance:
* $399.00: Strong psychological and technical resistance. A breakout above could trigger a rally toward $410.00.
* $401.97: Intraday resistance based on recent highs.
2. Support:
* $379.00: Immediate support and previous consolidation area.
* $370.78: Critical support zone; a break below could signal a deeper correction.
* $326.59: Major support and previous demand zone.
Technical Indicators
* 9 EMA: Price is riding the EMA upward, confirming short-term bullish momentum.
* MACD: Histogram is showing weakening momentum as the MACD line flattens, indicating possible consolidation or reversal.
* Volume: Declining as price approaches resistance, a potential bearish divergence.
Scenarios and Trading Plan
Bullish Scenario:
* If TSLA breaks and holds above $399.00, it may head toward $410.00.
* Entry: $399.50 on breakout with volume confirmation.
* Stop Loss: $396.00.
* Take Profit: $405.00 and $410.00.
Bearish Scenario:
* If TSLA fails to break $399.00 and closes below $379.00, a pullback toward $370.78 or lower could occur.
* Entry: Short at $378.50.
* Stop Loss: $382.50.
* Take Profit: $370.00 and $365.00.
Risk Management Checklist
1. Watch for high-volume confirmation before entering any breakout trades.
2. Respect stop losses to manage risk.
3. Monitor MACD and volume trends for divergence.
Thoughts
* TSLA's current trend is bullish, but the weakening momentum suggests a short-term pullback could occur before another leg up.
* Traders should wait for confirmation of direction before committing to a position.
Tesla At $400; More Gains After PullbackHey traders, hope everyone is doing well.
Today, I will looking at Tesla stock, which as you know has impressive gains for the last few weeks, due to speculation surrounding Trump's US presidential election win and connections with Elon Musk. This has fueled expectations of easier regulations for self-driving Tesla cars.
But loking at the structure, the current rally from 340 appears to be coming out of a triangle and has now reached the 400 area. Its the key swing high from 2022 and 2021, suggesting the potential for a pullback in the coming weeks.
So I think its better to wait for the next wave (4) retracement rather than chasing the market at these levels. If a wave four pullback occurs, support could be found between 311 and 350, especially if the decline unfolds in three waves.
GH
