IS TESLA STOCK READY TO RALLY? (September 14, 2024)Some HTF views of tesla stock & data analysis to figure out if Tesla is about to go on this massive multi year rallyEditors' picksLong19:59by Jonalius1717223
TESLA Looks Unstoppable This time +13% Already in ProfitsTESLA Looks Unstoppable This time +13% Already in Profits Since when I posted the previous analysis on September 2nd the price increased by nearly +13% and is making higher highs. Today it looks even better after the FED supported the economy by decreasing the rates by 50bps. You can watch the video for further details. Thank you and Good Luck! Previous analysis: Editors' picksLong01:17by KlejdiCuni3365
TSLA: Buy ideaBuy idea on TSLA because we have the breakout with force the vwap and the resistance line by a big green candle follow by a large green volume.Longby PAZINI194424
Predicted Performance of Interest Rate Cuts on TSLAThe predictions are: 1. There will be a surge for TSLA stock price in short term due to interest rate cuts As a high-tech company which relays relatively heavier on borrowing moneys for research and development, it is believed that TSLA will be beneficial from interest rate cuts. Target Price Rage: 340 - 420 2. TSLA stock price will finally drop due to the downturn of US economy as a whole in long term Disclaimer: There is no intention to induce any person nor party to invest in whatever stock mentioned Longby shanofppl19894410
TSLA: Waiting for breakif tsla can break tody 231. I see it go to 235 and probably tear that resistance. Next week calls can work Longby DT60403333
TSLA three year pullback over?Can you see a potential breakout to the upside on this long term chart?Longby anon_trade2213
TSLA - 1W - Symmetrical TriangleTesla is currently trading within a symmetrical triangle, which remains intact until the price manages to break out or break down. In other words, a decisive move through support or resistance will likely determine the stock’s next direction. At this point, there isn’t enough conviction in either direction to forecast the outcome. Key levels to watch outside the triangle are $260 on the upside and $165 on the downside.Longby Mike_Trading_4413
The Price of Tesla (TSLA) Shares Has Risen by More Than 7%The Price of Tesla (TSLA) Shares Has Risen by More Than 7% As the Tesla (TSLA) stock chart shows today, the price increased by more than 7% during yesterday's trading, surpassing the $240 mark. The bullish sentiment was supported by the following factors: → The Federal Reserve's decision to cut interest rates by 0.5%; → Data tracked by Citi analyst Jeff Chung. According to Barron’s, they indicated that Tesla sold more than 15,000 vehicles in China last week – strong sales there could help the company deliver one of its best quarters. → A key signal from the technical analysis of the Tesla (TSLA) chart. Today's technical analysis of the Tesla (TSLA) chart shows that: → The price has broken through the $233 resistance level, which had been exerting pressure since the end of July. Notably, the rising lows A-B-C (resembling a bullish cup and handle pattern) suggest that demand strength has been increasing over time, which ultimately led to the breakout. → The blue channel, constructed using the linear regression method, points to an upward trend, with the price entering the upper half of this channel – further confirmation of bullish sentiment. On 16 August, when analysing the TSLA chart, we suggested that the $200 level could serve as a platform from which Tesla (TSLA) would begin its growth story. What’s next? It’s possible that the bullish momentum accompanying the break of the $233 resistance will drive the price towards the upper boundary of the upward channel, which was formed from the lows of 5 August (shown in purple). This could result in closing the bearish gap from 24 July. If so, it would motivate experts to raise their assessments, as they currently remain pessimistic. According to the average opinion of analysts surveyed by TipRanks, the 12-month price forecast for Tesla (TSLA) shares stands at $208.46, indicating the potential for a decline towards the lower boundary of the blue channel. 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 FXOpen228
TSLA has a notable gap above the earnings high from July.NASDAQ:TSLA has formed a notable level at $235, which has been rejected multiple times since reporting earnings in July. If TSLA can reclaim and build over this key supply, it may fill in the gap on the daily chart that was created after the earnings drop. Longby DMT_DoctorUpdated 449
TESLA isn't stopping...Long Term Great as Well (Target ATH)Posted on Sept 19. TESLA isn't going to slow down. Already 50% gain on my $245 calls 11/15 that I bought at close Sep 18. Trade plan below. Tsla has looked great for about a month creating this uptrend and now with the confirmed rate cut of 50 bps. Tsla is a volatile stock with a beta of ~1.81. This is a risky play and proper risk management is required. For me I allocated about 5% of my portfolio into this play and have not increased my position today. My plan is if TSLA is unable to reach it's ATH and begins falling I will set my stop loss for 50% of my original position. I currently have capital set aside ~10% to continue buying TSLA at these hypothetical lower prices as I have a strong thesis for LONG TSLA. With a 60 P/E, a strong USA economy, the move to electric cars being pushed, and a strong TSLA team in all disciplines leads me to believe they are at the forefront of innovation and a 60 P/E is more than justified. Long04:06by Ethan_Kakavetsis1110
Tesla - Breakout After Almost 4 Years!Tesla ( NASDAQ:TSLA ) is finally breaking out of the triangle pattern: Click chart above to see the detailed analysis👆🏻 After a 4 year consolidation, Tesla is finally attempting to break out of the long term bullish triangle pattern. The monthly candle still needs to close but everything is pointing towards a major move higher, with the first target being the previous all time high from 2022. Levels to watch: $250, $370 Keep your long term vision, Philip (BasicTrading)Long03:19by basictradingtv19
Tesla Update 2 May Extend Uptrend Towards 310Tesla Update _2 May Extend Uptrend towards $310. Tesla reached the top of the channel at .270.00 on 11 Jul 2024 and the lowest price was reached at 182 on 25 Aug2024 Over the last price week Tesla broke our ofa bearish channel indicating that the bills are once again taking control of the Price. During this week the price also completed another bullish channel by rising again the oods for a bigger bullish channel by the rising again the odds for a bigger bullish wave. You may find more designs in the chart 📉 Please support withdraw like or comments if you find this Anylasis use ful for your trading day ❤️Longby MrCharlie12227
Tesla UpdateObviously one thing that is on EVERYONES mind this week that trades stocks...the possible fed rate cut. It seems the overwhelming consensus is that they will cut rates. The question that most seem to be asking is not if but how much. Will it be 25 or 50 basis points? The bigger question I have is how the market will react to it. Will it be looked at as a good thing for the economy or a sign that hard times are coming. It seems, from the stories I'm reading, a recession is imminent next year. So how does this all relate to Tesla? Looking at the pattern I have been tracking, we're on the verge of completing what I am calling the B wave of (2). It would make sense to me, fort this pattern to complete in the next 1-3 trading sessions just in time for the fed announcement. The announcement, whatever it says, has a high chance of receiving a knee jerk reaction to the downside. This would be an ideal catalyst for the move lower to finish off the wave (2). If not wave (2), my ALT says it is the final ((C)) of ((2)). Either way, both patterns point lower. This pattern off of the $182 bottom made on 05 August is just too choppy and overlapping for me to call impulsive. I could always be wrong, but a LD is the only impulsive pattern I could see forming from this. The odds of a wave 3 starting in a LD is extremely low. Wave 3's are normally the strongest move higher, so the idea of it starting as an overlapping indecisive pattern just doesn't sit well with me. In short, I expect this pattern to complete within the next 1-3 days. Afterwards, it should start a move down targeting either the $167.09-$182 area, or the $105-$125 area. This completion time frame is just an educated guess at this point. Given the data outside EWT though, it is what makes sense to me at this time. My plan at this time is still to sell my shares when/if price can enter the target box. I still have a stop for half of my shares set at $223.50. Hopefully price obeys my thesis, and we can offload some shares before it falls again. This is a B wave by my count though, and they can be complex and unpredictable. by TSuth226
TESLA Local Short From Resistance! Sell! Hello,Traders! TESLA went up and will Soon hit a horizontal Resistance of 235.00$ And from where we will Be expecting a local Bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals225
TSLA: Breaking Out?TSLA is looking ready for a breakout. It has broken the first trendline resistance. If it breaks the second AND gets above 271, I think it could be a sure fire long to ATH or even new ATH. For now, I am watching. Longby TheStockMan223
TSLA / 1D / Short IdeaIm not one to bet against the Musk, but with global recessionary fears, rising inventory numbers, and the prospect of a short term high on the SPY, there are multiple macro confluences to factor in with this 3 wave Flat corrective move. Based on how we invalidated a 5 wave impulse to the upside with our recent price drop, this would now be my next primary count until otherwise invalidated. An invalidation would be a break above the recent high, although that would become more probable if we break above the highlighted resistance fractal. Shortby LoganSilver113
TESLA A Fall Expected! SELL! My dear friends, Please, find my technical outlook for TESLA below: The instrument tests an important psychological level 230.26 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 214.86 Recommended Stop Loss - 239.60 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Shortby AnabelSignals223
TSLA - 4h - Failed to surpass the resistanceTesla Inc. stock has struggled to break through a key resistance level. On Monday, the stock tested the $232.80 resistance for the third time but failed to surpass it, signaling weaker demand for shares. This repeated inability to break higher suggests that we might be on the verge of a pullback, with the potential for the price to decline towards the $202.00 level. For traders and investors, this could indicate a period of caution as the stock faces increased selling pressure. Will TSLA find the strength to bounce back, or are we in for a deeper correction?by Mike_Trading_9
TSLA: Buy ideaBuy idea on TSLA as you can see on the chart if only if we have the breakout with force the vwap by a big grenn candle follow by a large green volume.by PAZINI198
TSLA / UNDER BEARISH PRESSURE - 4HTSLA / 4H TIME FRAME HELLO TRADERS Currently, prices are trading below the turning level at 250, which indicates a potential for downward pressure. If prices remain below 250, it suggests a potential decline towards 214. Should prices stabilize below this level, further declines towards 194 could be expected. However, if prices break above 250, confirmed by a 1D or 4H candle close, the market may shift to an upward momentum, potentially reaching 264 and 277. Breaking the channel at these levels would indicate the activation of an upward trend zone. Turning Level : 250 Shortby ArinaKarayi7
$TSLA Long Position - Bullish Channel SetupI'm going long on NASDAQ:TSLA at $229.28 based on a strong bullish channel and favorable technical indicators. Bullish Channel Formation: NASDAQ:TSLA is trading within a well-defined rising channel on the daily chart. The price is respecting both the lower and upper trendlines, making higher lows and higher highs. This is a strong sign that the uptrend is intact, and the price could continue moving higher as long as it stays within the channel. Entry at Key Support: My entry point is $229.28, which sits near the lower trendline of the channel, a historically strong support zone. This price level offers a favorable risk-reward ratio, with the potential to ride the channel upwards towards higher price targets. EMA Support: NASDAQ:TSLA is currently trading above the 20-day, 50-day, and 100-day EMAs, reinforcing the bullish sentiment. These moving averages are sloping upwards, showing that buyers are gaining control and the momentum is shifting in favor of bulls. MACD Bullish Crossover: The MACD indicator has recently shown a bullish crossover, indicating potential upward momentum. This further supports the possibility of a continued upward move, with price targets towards the upper range of the channel. Target and Stop-Loss: My target for this trade is at the upper trendline of the channel, around $340, which offers a solid risk-reward setup. I’ve placed my stop-loss below the lower trendline at $217, protecting my position in case of a channel breakdown. Trade Details: Entry: $229.28 Target: $299 - $340 Stop-loss: $217 Let’s see how this bullish channel plays out! 🚀Longby TrendShredder4
TESLA breakout?Tesla is narrowing in on its 234$ resistance line. The wedge forming looks to be setting up for a breakout late this week or early next. It looks as though if it can smash its heavy resistance at 234, it has room to run up to its gap of 246$. Then it may have room to run up to its 52 week highs in the 4th quarter.Longby jbs20167
TESLA: Bearish Continuation & Short Signal TESLA - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell TESLA Entry Level - 230.26 Sl - 240.29 Tp - 211.23 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals116