TSLA @ 87.5 Post-Earnings April 2024 Looks increasingly likely that TSLA will hit below 100 post-earnings in April 2024. TP: 87.5Shortby FutureShock7
TSLA BEARISH !!Tesla (TSLA) has been an icon of innovation and disruption in the automotive industry, but recent developments indicate stormy weather ahead for the electric vehicle giant. Despite its past successes, TSLA's trajectory seems to be shifting towards a rocky road, with multiple factors signaling a potential downturn. Production Hurdles: Tesla's ambitious production targets may be difficult to sustain, especially in the face of supply chain disruptions and increasing competition in the electric vehicle market. Delays or failures in meeting these targets could significantly impact investor confidence. Regulatory Challenges: Regulatory scrutiny surrounding Tesla's Autopilot feature and concerns over safety standards pose a considerable threat to the company's growth prospects. Any adverse regulatory actions or increased oversight could lead to market volatility and downward pressure on TSLA stock. Valuation Concerns: Tesla's sky-high valuation appears increasingly disconnected from its fundamentals. With a Price-to-Earnings ratio that far exceeds industry norms, TSLA's stock may be vulnerable to a significant correction as investors reassess its growth prospects and intrinsic value. Market Saturation: As the electric vehicle market becomes more crowded, Tesla faces intensified competition from both traditional automakers and new entrants. This heightened competition could erode Tesla's market share and put downward pressure on its margins. Macroeconomic Headwinds: Economic uncertainties, including inflationary pressures and geopolitical tensions, could dampen consumer spending and reduce demand for high-priced electric vehicles. Tesla's dependence on consumer confidence and discretionary spending leaves it vulnerable to broader economic trends. Given these challenges, a bearish outlook on TSLA seems warranted. Traders may consider selling or shorting TSLA with a target price of $100, representing a potential return of 89%. This medium-term strategy aligns with the anticipated headwinds facing Tesla and offers an opportunity to profit from the stock's likely downward trajectory. As always, traders should conduct their own research and consider their risk tolerance before making any trading decisions. Keep a close eye on key developments and market trends to adjust your strategy accordingly. Shortby shazuhamza123571110
TSLA Oct 1, 2024This is Tesla on a log scale. It lets you see the big picture. By Oct 1, 2024, TSLA will reach a brand new all time high. Minimum 387.44. Why October? Because that's when TSLA's all time high will intersect with its fair trade price. That would only happen with a company that isn't growing, so unless something happens with Elon it will be squeezed into pushing higher. October might seem far away, but the last time TSLA began its last big move was in 2019. Here we are, five years later, and TSLA is finally done winding up for its next big jump. Short term, it will probably retest 153-160 by May 1st. It would be a great time to look into some Oct 16 350 calls. After that retest, it will make quick work of breaking the following levels: 222, 315, and 370 before taking on the all-time high at around 387-400. I made sketch of the general path I think it will probably take to get there. Moreover, it will more than likely fly past 400 and shoot straight up towards 515. There's always the possibility of shooting past the 500's and aiming for 750-910. Absolute worst case scenario: TSLA will bounce around between 160-225 until September before catapulting itself to 387.44 by Oct 1. (I’ll update with a different kind analysis on TSLA and compare the two to see how things match up) Longby fmpax22Updated 3
Tesla back on TrendlineTesla broke trend a few days ago and recently went back up to bounce on top of the trendline i feel this could switch trend please make up your own mind and share your thoughtsLongby Matthiastocks1
Tesla Stock Plummet On China's Production CutTesla ( NASDAQ:TSLA ) has reduced production at its Shanghai factory amid slowing EV demand in the world's largest auto market. The move to cut production in China also comes as the global EV giant is heading towards a likely first-quarter delivery miss and has announced vehicle prices will begin to increase. Tesla ( NASDAQ:TSLA ) is reducing production at the China plant to five days a week. The output cuts started earlier in March and could continue through April, Bloomberg reported Friday. The action comes amid slowing EV growth in China and with Tesla's Shanghai facility already not producing at full capacity. Tesla ( NASDAQ:TSLA ) observers have repeatedly said in recent weeks that global inventory appears high. This week, local media reported Tesla ( NASDAQ:TSLA ) will slightly raise China list prices on Model Y vehicles starting on April 1, following similar plans in the U.S. and Europe. Tesla ( NASDAQ:TSLA ) is also offering discounts between $1,000-$1,500 in China on inventory Model Y vehicles. Inventory discounts are more significant in the U.S. and Europe. First-Quarter Deliveries Below Expectations The global EV company ended 2023 on a high in China. However, the EV dynamic in China has changed early in 2024. Tesla Chief Executive Elon Musk has also said China's EV companies are Tesla's main competition — with BYD (BYDDF), Nio (NIO), Li Auto (LI) and others all making inroads in the EV market. Tesla China delivered 60,365 in February, down around 19% compared to last year, according to the China Passenger Car Association (CPCA). Chinese New Year ran for two weeks in February, from Feb. 10-Feb. 24. Tesla deliveries of China-made vehicles in January and February totaled 131,812, down 6% compared to 2023. Cutting Shanghai production would be further confirmation of weakening demand not only in China, but in Europe and other key markets. Shanghai exports to Europe have waned over the past several months, while the Tesla Berlin factory is running well below capacity. Meanwhile, with the first quarter ending soon, Tesla ( NASDAQ:TSLA ) appears to be heading for a delivery miss. Wall Street consensus currently still has Q1 deliveries of 481,000 units, according to FactSet, but many analysts have cut predictions in recent days. Tesla is expected to report Q1 deliveries in early April. Tesla Stock Performance TSLA shares fell 3.3% to 167.14 during market action Friday. Tesla ( NASDAQ:TSLA ) shares has a weak Relative Strength Index (RSI) of 38.26 indicating selling pressure. Last week, Tesla ( NASDAQ:TSLA ) stock dropped 6.7% to 163.57, hitting new 2024 lows and levels not seen since May 2023. NASDAQ:TSLA is down more than 14% in March and the biggest loser on the S&P 500 index so far in 2024. UBS last week cut its Tesla stock price target to 165, from 225, and maintained a neutral rating on the shares. UBS lowered its Q1 delivery forecast to 432,000 units, from its previous 466,000 view. The firm also cut full-year deliveries to 1.96 million units, from 2.02 million previously. With 2023 in retrospect, analyst consensus now has 2024 Tesla earnings below 2023's level. That signals another year of earnings declines for this growth stock. Wall Street expects Tesla earnings per share of just $2.96 a share in 2024, according to FactSet. That would be around a 5% decline vs. last year's $3.12.Shortby DEXWireNews3
TeslaDowntrends are characterized by lower peaks and troughs and mimic changes in the perception of investors. A downtrend is fueled by a change in the supply of stocks investors want to sell compared with the demand for the stock by investors who want to buy. Downtrends are responses to changes that surround the security, whether macroeconomic or those associated with a company's business activity.by deepenn2280
✅TESLA WILL KEEP FALLING|SHORT🔥 ✅TESLA is trading in a Strong downtrend and the Price retested the local horizontal Resistance around 180$ and we Are seeing a bearish reaction Already so I am bearish biased And I will be expecting A further bearish continuation SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx115
$TSLA Tesla Inc Long term PT 900 and higherNASDAQ:TSLA Tesla Inc Long term PT 900 and higher (Prob will RS) Chamath: “Elon is well past building a car company. Tesla is an Energy company. Deregulation of Energy will lead Tesla to multi-Trillion valuation.” NASDAQ:TSLA Tesla, Inc. engages in the design, development, manufacture, and sale of electric vehicles and energy generation and storage systems. The company operates through Automotive and Energy Generation and Storage. The Automotive segment includes the design, development, manufacture, sale and lease of electric vehicles as well as sales of automotive regulatory credits. The Energy Generation and Storage segment is involved in the design, manufacture, installation, sale and lease of stationary energy storage products and solar energy systems, and sale of solar energy systems incentives. The company was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Austin, TX.Longby BADQOMOCAWGOWLD5
TSLA short today idea to $179 minimumDowsing has been saying this thing is going to have a short opportunity and had given the $195 area for resistance. That's holding and it seems TSLA is going to $179 this week, and then I also had the guidance for a gap fill. I'm guessing that's the lower one I highlighted. I also "saw" the Tesla logo in my meditation yesterday when I asked what stock to trade this week with the number 13. I thought as in, percent. If so, that actually would take TSLA to the $168.59 (from Fri. close) which is the 2nd target possibly out into next week. This is my best idea atm.Shortby JenRzUpdated 4
Tesla Price still trade at lower band of the channel, waiting for price to break to the downside to test weekly BPR. However price pushes for a bullish correction ,probably testing the fibonacci GPZ then price pushes towards the BPR. Once price bounces into BPR (possible retesting of the zone) long positions can strongly be considered. Longby ettiennebooys8
TESLA Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand -------------------- 1-16-2024 RED TrapZone with RED UMVD. Price sliding as US MSI also points to weakening in the market. Hold On to You Hats I Say :)by SnowflakeTraderUpdated 3310
Falling wedge on dailyIt’s going to take a while but when it breaks out it’s going to be awesomeLongby sergiostocks2
Weekly price target on $Tesla I coded my own MA to show different price targets in the market! I think we can get a bullish push back to the levels of 203-213 depending on momentum Longby CeoGarrel225
Tesla one more dip THEN a mega rallyPulled up the weekly chart with the stochastic RSI & I have found this sell off is EXACTLY like Q2 2019 Below, I calculated the days since the weekly S.RSI bottomed & we came to (8 bars, 56 days) which pointed me at where we stand today Then I compared it to the 2019 sell off & found that 8 bars after the S.RSI hit rock bottom, it would put you at the April 29 candle!! THE SAME CANDLE WHERE WE SAW A DEAD CAT BOUNCE Now I don't have a crystal ball, but given how momentum isn't coming to Tesla right now despite a nice bounce... I think one more dip will take place OVER the next 4 weeks, THEN a substantial rally from here Ironically 4 weeks from now would be Q1 2024's earnings week, THAT could be the bottom in Tesla once & for allby Jonalius6
IS TESLA FORMING BULLISH DIVERGENCE?On the 3 Day chart, there has NEVER been a point in time in which a Buy signal was printed, price goes lower, & RSI formed bullish divergence, but somehow we are here RSI closed a higher low as indicated by both the RSI & CM indicator. I did not think price would go lower after the buy signal printed on Jan 29, but it looks like something is for sure cooking here Important to note this divergence is larger than what sent price soaring 104% in Q1 2023...Longby Jonalius4
Tesla (TSLA) Daily RSI DivergenceRecent FOMC meeting seem to have spurred renewed optimism in the markets. TSLA divergence here looks pretty strong imo. We'll see how it goes, but excited to see how this plays out.Longby RSI-Guy0
Tesla Monkey Nuts Bankroll doubleA very concise and clear prediction on tesla price action to close out the year by corneliusrussell473
Nice place to buy TSLA according to TAI am watching carefully TSLA, as far as I have invested into it before and currently I would like to add to my position. I am watching if it will react on fibonacci's golden pocket and demand where it is currently. There are some nice divergences forming as well, which indicates a nice entry to the trade.Longby patrik1470Updated 1
The idea of analyzing the bull market in TeslaDear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody Longby mehdi47abbasi7916
TESLA The Target Is UP! BUY! My dear friends, TESLA looks like it will make a good move, and here are the details: The market is trading on 163.56 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 180.44 Recommended Stop Loss - 154.73 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 223
TSLA analysis: Price Returns to Above the $170 LevelTSLA analysis: Price Returns to Above the $170 Level, But for How Long? After forming a low of the year on March 14, the TSLA share price managed to rise above the USD 170 level — investors reacted positively to Tesla’s decision to increase prices for electric vehicles in the US and Europe. However, the TSLA stock market remains under pressure: the TSLA price performs noticeably worse than the S&P 500 index; the price forms a downward channel (shown in red); Goldman Sachs analysts cut their forecast for Tesla shares to USD 190 from USD 220 for the next 12 months due to problems with production and sales. Yahoo writes that investors are not happy with Musk's attitude. The fall in Tesla shares could quickly stop if the company gets a “real CEO” or Musk changes his position and returns to work and positively promoting the brand. What is the market outlook? Bullish arguments: → the price is near an important support zone, which is formed by the 2023 pattern: a bullish gap that has been successfully tested; → a decrease in the TSLA price below the lower border of the downward channel creates short-term oversold conditions in the market. → Fortune reported on March 15 that Cathie Wood's fund bought USD 35 million of TSLA stock. Bearish arguments: → the bearish gap of early January works as resistance; → resistance may also include the psychological level of USD 200 and the median line of the descending channel. At the same time, Barron's writes that the approaching earnings season is the biggest risk for Tesla shares right now. Tesla is expected to report electric vehicle deliveries of about 480,000 units in the first quarter of 2024, according to estimates from Bloomberg and FactSet. However, investors should pay attention to more recent estimates that have emerged in the last couple of weeks — they point to a figure of around 430,000 units. Actual values below expectations may significantly lower the price of TSLA shares — it is possible that the price will continue to move within the descending channel, breaking through the support area. The news release is scheduled for April 17. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen1111
How to Trade with the Inside Bar PatternHow to Trade with the Inside Bar Pattern The inside bar pattern is characterised by two consecutive candlesticks that often suggest a period of consolidation or indecision in the market. Traders and analysts can find value in identifying the setup as it can provide insights into potential future price movements. In this article, we will explore different examples of this formation on price charts and discuss how to interpret their signals for trading purposes. What Is an Inside Bar Candle Pattern? An inside bar is a two-candlestick formation that occurs when a candlestick's high and low range is contained within the high and low range of the preceding candle. In other words, the entire price action of one candle is confined within the previous candlestick's price range. The setup signifies a period of consolidation or indecision in the market; however, it doesn’t identify a trend reversal. The price may continue moving in the prevailing trend or turn around. Also, the pattern may appear both in an uptrend and in a downtrend. It indicates that the trading range of the current candle is narrower than the range of the previous candlestick. This contraction in price volatility suggests a temporary equilibrium between buyers and sellers. The inside bar can be observed across different financial instruments such as stocks, cryptocurrencies*, ETFs, indices, and forex currency pairs and can be traded using contracts for difference (CFDs) provided by FXOpen. Identifying the Inside Bar on Trading Charts To identify this formation on trading charts, traders follow these steps: Look for two candlesticks: Start by identifying a candlestick with a defined high and low range and check a subsequent candlestick. Compare the high and low range: Check if the high and low range of the subsequent candle is entirely contained within the high and low range of the preceding candlestick. The entire price action of the following candles should be within the boundaries of the last candlestick. Confirmation: Once identifying that the subsequent candle meets the criteria, traders can confirm it as an inside bar. Inside Bar vs Outside Bar The inside candle pattern occurs when the high and low of a candle are contained within the range of the preceding candlestick, indicating consolidation or indecision in the market. It suggests a potential reversal or continuation of the current trend. On the other hand, an outside bar, or engulfing pattern, happens when the high and low of a candlestick completely engulf the previous candle, signalling a potential reversal. A bearish engulfing indicates a bearish reversal, while a bullish engulfing suggests a bullish reversal. Both are widely used by traders for technical analysis and identifying potential trading opportunities. Traders can analyse outside and inside bars on forex, stocks, and other markets for free using the FXOpen TickTrader platform. How to Trade Inside Bar Pattern Trading with the inside bar candlestick pattern involves using it as a signal for potential breakouts or continuation of the prevailing trend. Here are the steps traders usually follow when trading with the pattern: Determine the direction of the preceding trend: Traders assess the overall trend leading up to the formation. If it's an uptrend, the preceding candles should be mostly bullish. If it's a downtrend, the prior candles should be mostly bearish. Wait for a breakout: The formation indicates consolidation and potential price compression. Traders often wait for a breakout from the setup's range to initiate a trade. A breakout above the high of the formation suggests a bullish signal, while a breakout below the low indicates a bearish signal. Set your entry: Once the breakout occurs, traders may set the entry order slightly above the high of the bullish breakout or slightly below the low of the bearish breakout. Consider additional confirmation: To increase the probability of a successful trade, traders may look for additional confirmation indicators such as volume analysis, trendlines, or other technical indicators to support your trade decision. An increasing volume at the breakout or the breakout from a trendline may provide additional confluence. Manage your trade: As the trade progresses, traders monitor price movements and may want to adjust your stop-loss level to protect profits or limit losses. Take profits: Traders may decide on your profit-taking strategy, whether it's a predetermined target, a trailing stop, or monitoring key levels of support and resistance. Live Market Example Below we present an inside bar stock pattern on Tesla. It contains a bullish inside bar. Following the inside bar trading strategy, the trader waits for the breakout above the setup marked by a horizontal line. The stop loss is set below the low of the formation, and the take profit is at the next resistance. Final Thoughts While the setup can be a useful tool for identifying potential breakout or continuation opportunities, it's important for traders not to rely solely on this pattern for their trading decisions. To enhance their analysis, traders combine the formation with other technical indicators and utilise effective risk management strategies to manage potential losses. It's crucial to exercise caution and be mindful of false signals that can occur. Traders try to adapt their trading strategies accordingly to improve their chances of success. To develop your own trading strategy with this pattern, you can open an FXOpen account. FAQ Is an inside bar bullish or bearish? It does not inherently indicate a bullish or bearish bias. It simply represents a period of consolidation or indecision in the market. So, the formation occurring within an uptrend can be bullish and signal a trend continuation or bearish and signal a trend reversal. What does an inside bar bullish mean? The meaning of an inside candle that is bullish refers to an inside bar, after which the price moves upwards. When this pattern forms during an uptrend, it suggests a temporary pause or consolidation in price before the uptrend potentially resumes. When it is formed in a downtrend, it signals a trend reversal. How do you use the inside bar strategy? To use the strategy, traders wait for the inside bar to form and then look for a breakout above the high of the formation to enter a long position or below the low to enter a short trade. A stop-loss order is typically placed below the low of the pattern in a long trade and above the high of the pattern in a short trade. Profit targets can be determined based on the trader's trading plan, technical indicators, or key support and resistance levels. * At FXOpen UK and FXOpen AU, Cryptocurrency CFDs are only available for trading by those clients categorised as Professional clients under FCA Rules and Professional clients under ASIC Rules, respectively. They are not available for trading by Retail clients. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.Educationby FXOpen2217