TSLA trade ideas
TESLA looking spicy! also thank you for 11,000 followers ❤️🔥boost and follow for more 🤝tesla bulls holding the line at support zone, and QQQ looks ready for another bull run soon. I think we will head higher to 201-240-246 from here.
old trend support may turn into new resistance in the next rally.. so watchout for that. 👀 thank you to everyone that's been following me for years or if you are just following starting this week. I appreciate y'all ! road to 12,000 now :) see you soon.❤️🔥
tesla possible retest 338 resistance and gap after triangle PAtesla possibly retest 338.5 resistance and gap after triangle PA
I want to predict a bearish trend but I notice this is more likely to hit 338 now
Best Level to BUY/HOLD TSLA 100% upside TP 500/550 USD🔸Hello traders, today let's review 8hour chart for TSLA. Entering re-accumulation stage now, expecting range bound trading during next few weeks as we enter pullback/correction. We are closing in on heavy overhead resistace / limited upside currently.
🔸The speculative chart pattern is bullish C*H in progress, expect more range locked price action for a few weeks as we re-accumulate and get ready to clear the overhead resistances. Measured move price projectiong for the C*H structure is 500/550 USD, 100%+ upside from the recommended BUY ZONE.
🔸Recommended strategy bulls: wait for TSLA to re-accumulate in the sliding bull flag formation into the liquidity zone and get ready to BUY/HOLD low near 220 USD, target based on measured move projection is 550 USD. good luck traders!
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Elliott Wave View: Tesla (TSLA) Pullback Should Find BuyersTesla (TSLA) broke above the previous peak on 7.11.2024 high at 271 and thus opens a bullish sequence from 4.22.2024 low. Short Term Elliott Wave in Tesla suggests the rally from 8.5.2024 low is in progress as a 5 waves diagonal. Up from 8.5.2024 low, wave ((i)) ended at 264.86. Pullback in wave ((ii)) ended at 212.12 with internal subdivision as a zigzag Elliott Wave structure. Down from wave ((i)), wave (a) ended at 237.81 and rally in wave (b) ended at 252.80. Wave (c) lower unfolded as 5 waves like the 1 hour chart below shows. Wave (c) lower ended at 212.12 and this completed wave ((ii)) in higher degree.
The stock has resumed higher in wave ((iii)). Up from wave ((ii)), wave (i) ended at 239.56 and pullback in wave (ii) ended at 235.36. Wave (iii) higher ended at 262.12 and pullback in wave (iv) ended at 253.25. Final leg wave (v) ended at 273.54 which completed wave ((iii)) in higher degree. Pullback in wave ((iv)) is in progress as a double three. Down from wave ((iii)), wave (w) ended at 255.51 and wave (x) ended at 263.35. Expect wave (y) lower to complete at the 100% – 161.8% Fibonacci extension of wave (w). This area comes at 234.5 – 245.5 where buyers can appear for more upside. As far as pivot at 212.12 low stays intact, expect pullback to find support in 3, 7, 11 swing for further upside.
TSLA - Did it again...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 TSLA has been trading within a large symmetrical triangle marked in blue.
In our last two analyses, TESLA rejected the lower bound of the range and the $200 support zone.
Currently, TSLA is hovering near the upper bound of its range. We’ll be looking for new long positions as it approaches the lower blue trendline.
📚 The blue trendline also intersects with the orange demand zone, further strengthening this area.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Tesla Are we pushing down to 249 or 241 ??? Good morning Trading Fam
A quick update with Tesla , we did not a see a break up into our buy zone and now a correction or more is in place to 249 or 241. However beware this is either a correction or a bigger move down which currently we need more info to figure out before we make that thesis.
Enjoy the video
Kris/ Mindbloome Trading
Trade What You See
$TSLA Price Predict on Election Date and Earning Date
I am super bullish on NASDAQ:TSLA price near election and earning date.(Jan/25/25)
And here is my positive predict of NASDAQ:TSLA share price.
Please share your opinion!
TSLA Technical Analysis for Oct. 30, 20241. Current Price Action
Consolidation Phase: TSLA appears to be in a consolidation phase around the $260-$270 level after a recent upward trend. Price has recently struggled to break higher, indicating potential resistance overhead.
Volume Analysis: The recent volume spikes during pullbacks suggest some selling pressure, but the lack of follow-through indicates that buyers are still interested, albeit cautiously.
2. Support and Resistance Levels
Immediate Resistance: The $273-$275 area is acting as immediate resistance. This is visible from previous high points, where the price has tested and rejected from this range. Breaking above this could open up more upside potential.
Key Support Levels:
Near-term Support: Around $259.70 and $255.50. These levels serve as minor support areas that may attract buying interest.
Major Support: $249.89 and then down to $212-$211. This lower support zone could be a strong buying area if the price experiences a deeper pullback.
3. Entry and Exit Points
Long Position:
Entry: Consider entering if TSLA breaks and holds above the $273-$275 resistance level,
indicating strong bullish momentum.
Stop Loss: Place a stop loss around $255, slightly below the immediate support level, to limit downside risk.
Profit Target: First target around $285-$290, with the potential for more upside if momentum continues.
Short Position:
Entry: If TSLA fails to break above $273-$275 and shows a rejection pattern, a short position might be considered.
Stop Loss: Place a stop just above $275 to manage risk.
Profit Target: Aim for $259, with a more extended target around $250 if downward momentum strengthens.
4. Projection: Where TSLA Could Head
If TSLA breaks above $275 with strong volume, it could potentially rally towards the $290-$300 range.
On the downside, failing to hold $259 may see TSLA testing $250, with a deeper pullback potentially targeting the $212 support.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Trading stocks involves risk, and you should perform your own research or consult a financial advisor before making any trading decisions.
Tesla Update Potential Great ROI Trade coming up Good evening or morning trading family
So I created a quick video on a update with Tesla which I felt was important to create for everyone. Currently we are retracing up from a target that I will show you how I got in the video. However two things to mention if we can break 260-263 range we are looking pretty healthy for a bull run up. However if we go back to retest 255.66 we could potentially face another break and further bearish momentum.
Any questions or comments let me know, like follow boost if you found this helpful
Have a great night trading fam
Mindbloome Trading
Trade What You See
Short-term correction possible - long-term to the m00nThe chart shows my current view on $TSLA. A short-term correction (possibly until the next earnings date) is possible. But at least in the 2nd attempt I see the price breaking the resistance cluster (red) and continue the bullish move until the end of this year.
Let's see how things play out. ;)
Tesla on the Verge: Breakout to $275+Morning, trading family! Let’s dive into what I’m seeing with Tesla (TSLA) right now. We’re sitting in an interesting spot between 262-263, and the next move could set the tone for where we’re headed. Here are the scenarios I’m watching.
Scenario 1:
If Tesla can break above this 262-263 zone with some momentum, we could see a strong push toward 275. If buyers keep piling in, I’ll be watching 281, 287, and maybe even 304 as potential targets down the line.
Scenario 2:
But if things get shaky and we break down by 20 points or so, that would shift the narrative a bit. We’d probably need to re-test some lower levels before making another attempt at higher prices.
Mindbloome Trading / Kris
Trade What You See
Tesla - I see it retracement !!Tesla elliot waves mapping, My accuracy so far have been good, specially when it come to cryto, lets see if I am able to map Tesla on Elliot waves or not.
I am expecting a retracement in tesla .. it may form BIG M and will retrace in 5 waves.
Gautam
GK trade Manthan
Technical Analyst by Passion
TSLA technical analysis for today’s scalping and swing Oc. 29Key Levels
Resistance:
273.58: This appears to be a major resistance zone, possibly challenging for a breakout.
261.56 - 262.86: A range showing short-term resistance. A clean break above may lead to further upside movement.
Support:
249.89: Key support that has previously held.
223.56 - 223.84: Major swing support area. If price reaches this level, it could attract buyers for a potential bounce.
Entry/Exit Points
Scalping:
Entry: Look for quick entries around 262.86 if price finds support at this level. A breakout above 273.58 may offer a continuation scalp.
Exit: For scalps, consider exiting around 273.58 or on signs of resistance just below 269.19 if you entered at lower levels.
Swing Trading:
Entry: Consider entering a long position if price pulls back to the 249.89 support and shows bullish signals.
Exit: Target exits near 261.56 if there is resistance or a strong rejection, or higher around 273.58 if momentum is favorable.
Directional Suggestion
Bullish Bias if TSLA can hold above 262.86. Watch for a potential test and breakout towards 273.58.
Bearish Possibility if TSLA breaks below 249.89, potentially moving down toward 223.56 for a retest.
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Please conduct your own research and consult a financial advisor before making trading decisions.
TSLA - Resistance Tested 7 Times - Break Through?Good morning! Sorry for the stuffy voice - a bit under the weather this morning.
The name of the game today is trendlines, moving averages, and resistance levels.
1. Trend Lines - We've got a significant trendline that I've outlined in yellow on the chart. Great retest of that trendline just last week after TSLA earnings. Watch it in the future if price action decides to retreat to this important trendline.
2. Moving Averages - I have the 50/100/200 simple moving averages on the 3-Day timeframe on my chart for your review. We had a great retest of the 100/200 (cyan/red) moving averages that you should also be paying close attention to. Should that 50 (green) cross above the 100/200, we should see a significant shift in momentum longer term, though it will take a while to be realized as a moving average cross tends to perform the opposite very-short-term as mean reversion takes effect (more on that in another video).
3. Resistance Levels - This is the most important take-away from this video in my opinion as it's the most relevant topic that you can take action on today. We've tested this area 7 times since July 2023. The more times a level is tested, the greater the likelihood it will break. Should we break through this $270-$280 region, we should see $350 and ultimately my target is and has been $400+ for quite some time.
Will we get there? Probably. When will we get there? Nobody can answer that question without deceiving you. The market will likely take its time and catch you when you're not paying attention.
My Most Used TradingView Hotkeys!Just wanted to highlight a few of my most-used TradingView hotkeys:
ALT + H: Horizontal line – Ideal for marking round numbers or mark tight support/resistance areas. For broader S&R zones, I often use the rectangle tool.
ALT + V: Vertical line – Rarely use it, it’s handy for highlighting specific dates below the chart.
ALT + T: Trendline – Provides quick access to one of the most essential tools for analyzing long-term stock movements.
[* ]ALT + I: Invert the chart – Probably the most interesting hotkey! If you find it challenging to take "SELL" setups or tend to prefer "BUY" ideas, flipping the chart can reveal a fresh perspective. If your bias remains unchanged after inverting, it may be a solid setup for you. This can help reduce psychological biases; sometimes, just viewing it from another angle makes all the difference.
ALT + S: Take a screenshot – An easy way to share your chart with friends or colleagues.
ALT + F: Fibonacci tool – I’m using it less often lately, but it’s still there when needed.
ALT + W: Add to watchlist – Quickly adds interesting charts to your watchlist.
ALT + A: Set an alert
SHIFT + CLICK: Measure tool – Instant access to measure distances or changes on the chart.
Hopefully, this helps save you a bit of time hunting for these tools. After all, time is money!
Regards,
Vaido
Will $TSLA reach $300? Now buy or sell?
Technical speaking, Tsla is having a consolidation pullback in an overall bullish market.
It was rejected by the key resistance level of previous high yesterday, and also closed to the support level of the high price of recent high volume candle.
In this case, it might probably go bullish if it breaks above the resistance level. And if not, it will continue to moving the consolidation area.
From the perspective of fundamentally, it might benefit from the president election if Drump could win.
So my answer to the topic is yes, Tsla will reach $300.
Of course, this is not a financial advice!
TESLA - the $303 price has legs - see the chartTESLA - I can bore you with many lines of text, and assert why Tesla will pop super hard, Up, from hear to earnings and after.
But I can convey to you the same level of urgency, with more granularity, with the attached Image of the chart....
The fundamentals are incredible, strong, powerful. Elon backing Trump has secured for free, massive advertising for the brand at a global level. The popularity of Tesla, Elon, Spacex, and Trump, are going through the roof. This is value added to the Tesla shares that is not part of GAAP. This value does translate into sales, have no doubt.
TESLA just made a crucial break-out that few are noticing.Tesla (TSLA) soared last week following the better than expected earnings, an event we covered extensively, and have practically erased all the negativity/ cautiousness that came following the Robotaxi event.
However, the closing of last week found Tesla making a crucial bullish break-out that might have gone under most people's radar. The price not only broke the Lower Highs trend-line that started all the way from the November 2021 All Time High (ATH) but almost managed to close the 1W candle above it.
Technically this is a major buy signal long-term that targets the final two Resistance Zones (1 and 2) of the Bear Cycle. With the 1W RSI effectively consolidating like February - May 2023, we believe that as last year, the price will now start the 2nd phase of the April 22 2024 Bullish Leg of a potential 2-year Channel Up.
We expect Resistance Zone 1 to break and if upon a re-test it holds, our long-term Target of $380.00 should finally be materialized.
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TSLA eyes on $209 then 205 into Earnings: Key supports if drops TSLA dumped after the dud we-robot event.
Now we have earnings report coming tonight.
Earnings could reverse the drop or continue it.
$ 209.26 (dashed Fib) is a Covid Fib recently proven
$ 205.17 (thick blue) is a Genesis Fib but minor ratio
$ 212.92 (thin red) is wave down from top, major ratio.
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Tesla (TSLA): Positioning for growth as Musk eyes record salesAs we anticipated in our last update, Tesla bounced right at the expected level following its earnings call. After posting better-than-expected earnings, TSLA shares surged up 20% on market opening. Tesla reported a 17% increase in net income for the September quarter, reaching $2.2 billion, which beat analyst expectations. Additionally, revenue grew by 8%, reaching $25.2 billion, just shy of the consensus estimate of $25.4 billion.
Most noteworthy, Elon Musk hinted at a promising future outlook. He stated Tesla aims for a record-breaking quarter in vehicle sales, with potential growth of 20% to 30% in 2025. However, there is still cautious sentiment about whether this will follow the pattern of past announcements, where major news led to temporary rallies, followed by dips if expectations weren’t met.
As we highlighted previously, a bounce here suggests a likely revisit to the range high. If the current trend continues, the next high could align with the trendline, potentially forming another lower high. For sustained upside, breaking this trendline with a solid push is critical. We’re closely watching these developments and will keep you updated on any relevant changes.
Charging Ahead: Tesla's Journey to Becoming the Next NVIDIA🚀 🚀 🚀 NASDAQ:TSLA Extremely bullish outlook.
The weekly chart just closed last week with a huge bullish range expansion and engulfing bar closing above previous weekly highs signaling BULLS ARE BACK. Price has now completely changed from bearish to bullish. We are now making higher lows and higher highs.
Do keep in mind that a retrace even towards $220’s is still possible, in case this happens this will be the IDEAL LONG ENTRY although it is very unlikely.
From a MACRO perspective, this is one stock that looks ready to finally pump to new all time highs so forget about short time frames trading and focus long term and build your positions by dollar cost averaging your way in.
Is Tesla Finally Finishing A Bullish Triangle Pattern?Tesla has been trading sideways since 2021, which we see it as a consolidation within bullish trend, ideally as a larger bullish triangle pattern in wave IV that can send the price higher for wave V
Tesla is now breaking important 270 area after recent strong earnings. Considering it's breaking above upper triangle line, then bullish ABCDE triangle in wave IV can finally be completed. Is Wave V now underway back to all-time highs?
A triangle appears to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility. The triangle pattern contains five overlapping waves that subdivide 3-3-3-3-3 and are labeled A-B-C-D-E. The triangle is a region of horizontal price movement, a consolidation of a prior move, and it is composed of “threes.” That means each of the A-B-C-D-E waves have three subwaves. The triangle pattern is generally categorized as a continuation pattern, meaning that after the pattern completes, it’s assumed that the price will continue in the trend direction it was moving before the pattern appeared. However, triangles also indicate that the final leg is coming before a reversal and that’s why triangles are labeled in wave B, wave X or wave 4.
