NASDAQ:TSLA has been creating a strong upwards channel in which it is breaking out of the flag which was shown in the linked idea. If it does break out of this channel in the upwards direction (the current price to break out of would be around $208.17), then it may have around a 7% push upwards to a new smaller target of around $221.78.
Have you heard the news? Tesla Rides Tech Rally to 7-Month High as Good News Piles Up! It's almost as if Elon Musk has a secret stash of good news that he's been saving up for a rainy day. Well, it looks like that rainy day has finally arrived, and Tesla is soaking up all the good news like a sponge. As a Tesla investor, I'm sure you're already aware of this...
TSLA is slowly creeping up back to its previous ways of making HH and HL If we stick to simple technical analysis of HH HL and Support Resistance Then its very simple The strong resistance of 215-217 has been broken finally and now the next resistance is 235 It will probably retest 215 to 217 or might even re-test 209 support levels But next stop is...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Tesla stock is currently retesting quite strong previous weekly structure which is now turned resistance at the $220 level. However you can also see that the weekly moving averages are finally crossing bullish, weekly market structure...
Tesla is Bullish, high quality, financially sound company and the eight indicators I analyzed suggest all those eight are Bullish, namely Trend, On-balance volume (OBV), Accumulation/distribution line, Average directional index, Aroon oscillator, Moving average convergence divergence (MACD), Relative strength index (RSI) and Stochastic oscillator. Additionally,...
TSLA is sitting at very precarious area of price right now. This week should most likely give us the information we need to know what the next few months will look like, if it can get above about $221 and stay there, the measured move bull flag pattern should get us to somewhere between ~$294 to ~$313 and that would make sense in the macro formation of a head and...
Tesla is undervalued, high quality, financially sound and data it collects about it's vehicles is a great advantage over other auto makers. Expected ER in August. Several indicators and machine learning scripts suggest, that NASDAQ:TSLA could get to $225 this week. *Disclaimer* The information is purely for *entertainment* purposes, and is not meant to be, and...
Tesla is at a critical level that has acted as both resistance and support in the past. At the moment it is straddling this price and it has not made up its mind which it will be. Until it gets above its current level and tests it as clear support, I will be leaning bearish. It does look like it could break out and flip the script though. It is definitely trying...
On the chart we can see that the price has been in the uptrend as the price has been creating higher lows. Our strategy is to open a long position if the price reach the first support. We put the stop loss below the support. Target will be at the resistance, at level of 203.11 .
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that as we are speaking Tesla is now once again retesting previous weekly resistance which is turned resistance again at the $200 level. However you can also see that Tesla recently broke out of a quite nice flag pattern, which in this case...
Howdy Traders! NASDAQ:TSLA has broken through the top resistance of $194.77. As of right now, it is going to use that level as a support, and might potentially shoot up to the price target of $242.46. Updates will hopefully follow.
NASDAQ:TSLA broke out of the wedge. It might pull back to the previous resistance which is now acting like the support ($184.30 level). The ultimate price target is $194.96.
This is a weekly chart of Tesla setting up with a very bullish F Flag. I applied an Elliot Wave on top which shows that its 2nd Wave is completed with ABC local waves also completed. This marks the start of a 3rd wave which is also the longest wave.
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Tesla just recently retested and rejected a quite nice support zone at the psychological $100 area which was acting as support. You can also see that over the past couple of weeks, Tesla has been forming a quite obvious weekly bullish...
Tesla company, fraudster, man of history A note for American shareholders, the stock of this company is on the rise, but it will see only two targets, then it will fall, and I will announce the targets. The first target is $237.40 after the failure of this area, which will be broken because the crypto market will be bullish and Elon Musk's company's shares are in...
reviewing the 2hr time frame I have a Bull Flag set up with a price target of $200.00 there is a bullish cypher set up w/ price action currently near B leg, which is currently acting as resistances. I anticipate price action to return to C leg of the bullish cypher which I have at $200.00 I've already done a weekly Technical Analysis on Tesla with a projection of...
The past year has been so clean for TSLA in terms of respecting the fib retracement levels. The 1M and 1W MAs have also been respected. Using the fib retracement levels starting from the bull run back in 2019 until the high in late 2021, we can easily find TSLA's support and resistance levels. I am currently bullish on TSLA for these reasons: - We are...
- TSLA looking to fill its upper gap - if we do fill gap looking back to test 186 resistance level - if QQQ can break to new recent highs than it TSLA will have a good chance to test 186