Extremely simple setup. Time to close the gap on msft and nvda
We simply buy the strong uptrend, the AI narrative and the MA 50 breakout on 1W.
Beware of red scamwicks though.
nfa
Looking at Tesla underperforming recently while the market had a massive rip. This makes me concerned bulls could be vulnerable here in this area and that we may need to test lower 200s perhaps or lower but we will stay tuned and provide updates as we see them. Cleaner energy names are struggling today following PLUG's earnings report. Good luck traders
A double top formation, break of a year long trend and retesting resistance could see TSLA come back to long term channel support.
Price Target around $150.
Today Tesla dropped as predicted. It didn't really answer our question if this is (5) or the beginning of ii of 3 of (3). The 3min and 1Hr MACD are on positive divergence at this time, and we only have 3 waves to the downside so far. We are also inside the ALT target box with only one maybe two more lows appeared to be needed. These things support my ALT count but...
After a very good rise, Tesla shares are currently in a bearish correction in the 4-hour timeframe, and in my personal opinion, after coming out of the correction, it will continue to rise according to the analysis.
hello traders what do you think about this analysis nxet traget support Levi's??
The most-talked-about stocks in the Reddit subforum Wallstreetbets were down hours ahead of Tuesday's opening bell.
Palantir Technologies
PLTR
fell 1.3% premarket, after slipping 1.9% Monday.
Rivian Automotive
RIVN
shed 0.8% premarket, adding to a 3% fall Monday. The company is...
What a day, if you didnt bank today even in your demo account dont worry, even tho i feel like tomorrow might be a consolidation day and retest if the sellers keep selling the only thing that make sense is to test 200 tomorrow if we dont bounce hard at 205 and consolidate to retest 215
As observed, Tesla has recently experienced a downward trend in its market performance. However, based on our comprehensive analysis, it appears that we are currently positioned at the nadir of this trend. Considering historical patterns and market indicators, it is reasonable to anticipate a forthcoming pullback, indicating a potential reversal of the current...
On first impression it is obvious that this reduced rating of Tesla shares by HSBC, did scare the market as the price is falling more than -6% intra day. The 1D technical outlook is now bearish (RSI = 37.472, MACD = -7.750, ADX = 34.942) with the price dropping below the 1D MA200, despite having it hold the last 4 sessions. Perhaps the most dangerous development...
TSLA broke down 3 days of consolidation, look for a quick retest and move bearish. Got downgraded, with the analysis thinking they could drop 34%. A move to 150 area makes sense.
TSLA) 4H tame frame)
hello trader's tsla new
support level's)and)
Resistance levels)👇💡
Resistance levels (1) 280.00
Resistance levels (2) 218.35
Support level's (1) 200.50
Support level's (2)156.01
Target support level's (156.01)
Following up with my trading ideas (💡😀💡)
Here is a bearish consolidation pattern following the bearish momentum creating a well known Impulse-Consolidation-Impulse pattern setting up a strong selloff to the downside. once given intraday down trend confirmation, shorts will have great downside potential.
There isn't really much new to report on for Tesla. We are either about to start a micro-wave 3 for (5) of C of 2, or we are working on wave ii with it's c wave still to come. As of now price is respecting my trend lines that I have drawn, so if price breaches my upper band, we're most likely headed up in 3. The fact that we have been working off of pos div since...
On TSLA as you see on the chart we have a sell idea because we have the breakout with force the support line and the vwap indicator by a big red caandle follow by a large red volume! Thanks!
TSLA might be forming a massive head and shoulders pattern on the 4hr chart. If price can maintain current levels we could see a quick push to all time highs. Just need to break the neckline for an explosive move!
Elon announced exciting news about their Lithium factory as a "cash printing machine for 2024" . News like this could help spark a rally in the ticker...
