First of all, the price has broken above the downtrend line, and started to moving in a uptrend market.
However, according to the trading volumes, more chips are bought in the top area, meaning that there's strong resistance above the current price.
Therefore, I think the price might continue to fluctuated below the resistance area in a short term period.
NASDAQ:TSLA drawing a 4th to 5th Elliot Wave potentially all the way to the $243-$258 price range
Moving averages consolidating around that area too. I track the 20, 50, 100, and 200, but mostly the 50 and 200 for confirmation, and trendlines, but mostly the Elliot Wave when I see it straight out of Ralph Nelson Elliots playbook..
Invest smart, invest...
Hi friends, Tesla want to growth in friday and monday time ... We have more then 1,5 million contracts to long position, also bearish solds come to finish label. So my opinion growth to 218.1 (x-lines level) in near time and maybe target 229 is optional for next week .. will see..
Have a nice trading day ;)
Hi everybody. Monday starts with short position. I think short-term target is 209.1 (x-lines level). We have more then 300k bears contracts from friday now. After that ofcourse another market process coming but now - downward (just my opinion ofcourse). Have a nice trading day and goodluck.
Firstly, Tesla is closing to the downtrend line, which might be rejected to drop.
Secondly, the high volume candle shares the same level with this resistance area, double confirmed the importance of this resistance level.
So, in my opinion, it may go bullish after break above the resistance level.
Hi everybody. Tesla have big volume of bulls accumulated beween 187 - 201 (my own volume analysis data) and i think price will growth to 216.1 (x-lines level). I image basic market targets on a chart. Have a good trading day :)
This is a Walk through of How i Took Advantage of the Giant Move on TSLA
Current Price Action:
The current price is $240.89, reflecting a decrease of $7.20 (or 2.90%).
Liquidity Zones (LQZ) / Take Profit (TP) Levels:
There are two marked LQZ/TP levels:
LQZ/TP 1 at $263.53
LQZ/TP 2 at $270.21
Support and Resistance:
Multiple dashed lines indicate key support...
Tesla stock TSLA has surged remarkably by more than +10% near a six-month high Tuesday to close at $231.26, after reporting better-than-expected second-quarter delivery numbers.
Technically speaking, TSLA shows clear bulls' control, especially after confirming the breakout of the inverted H&S pattern and the downward medium-term trendline.
Targets:...
NASDAQ:TSLA It is time 🦕$206.27 Gap Fill 🎯
X: @TheRonnieVShow
✅Bullish Falling Wedge breakout and retest
✅9 EMA bounce
✅MACD uptrend & continuation over zero line
✅Sitting on a volume shelf
✅31% short volume ratio = SHORT SQUEEZE 🍋
NOT FINANCIAL ADVICE 🖖
Technical Analysis of TSLA Based on Elliott Wave Theory
Overview
Based on the Elliott Wave Theory, we observe that TSLA has commenced a fresh impulse wave from the bottom of January 2023. This new wave marks the beginning of wave I in the red cycle degree, which concluded at the peak of July 2023. Following this, wave II in the red cycle degree began moving...
Elon Musk's Optimus Gambit: Can Humanoid Robots Propel Tesla to a $25 Trillion Market Cap?
Elon Musk, the ever-optimistic CEO of Tesla, sent shockwaves through the financial world at the company's 2024 annual shareholder meeting. He claimed that Tesla's humanoid robots, codenamed Optimus, have the potential to skyrocket the company's market capitalization to a...
Musk Prioritizes Other Ventures Over Tesla: AI Chips Diverted to X and xAI
A recent leak from internal Nvidia emails obtained by CNBC has raised questions about Elon Musk's leadership of Tesla. The emails reportedly show Musk directing the chipmaker to prioritize shipments of thousands of artificial intelligence (AI) processors originally reserved for Tesla to...
Upon analyzing TSLA (Tesla), we can see that it has been in a sustained downward trend. Notably, price has entered a critical support zone, exhibiting a double bottom pattern on the chart. Additionally, there has been a downward move beneath this double bottom, tapping into liquidity.
Given the significance of this support zone, I anticipate a reaction,...
Should You Short Tesla? A Look at China's Market Rebound and Potential Risks
Tesla (TSLA) stock has been on a downward spiral in 2024, and some investors are considering shorting the stock. This strategy involves borrowing shares, selling them at a high price, hoping the price falls, and then repurchasing them at a lower price to return to the lender. While...
This chart is not good right now
I shouldn't break the red trend line down, but it's going down...
If Tesla Shares Eventually Break Down The Red Trend Line
The green rising trend line becomes the target
Tesla's stock price recently soared after receiving "in-principle" approval from Chinese authorities to deploy its driver-assistance system in the world's largest auto market. This news undoubtedly fueled investor optimism, but is it enough justification to take a long position on Tesla stock (TSLA)? Let's delve deeper into the implications and weigh the risks...
Looks about done with C wave of the wave 4 triangle.
Hard to say what E wave will do could do. Might extend or truncate or hit the bottom TL.
But minor wave 4 almost completed.
Tesla, once the undisputed champion of the electric vehicle (EV) market, finds itself in a precarious position. The company's stock price has been on a downward spiral, tumbling nearly 43% in the last month. This dramatic decline has left investors apprehensive as Tesla prepares to report its earnings.
Several factors are contributing to the bearish sentiment...
