Tesla long A rejection from the middle of the ascending channel to 0.5-0.618 Fib. after which there is an increase up to the top of the channel. After the break, a retest and long follow.Longby soarecomod114
Breaking the Bearish Spell: The Inverse Head and Shoulders BreakThis trading strategy capitalizes on the inverse head and shoulders pattern, a chart formation that often signals a reversal of a downtrend. By identifying the left shoulder, head, and right shoulder, traders can anticipate a potential bullish breakout. This approach waits for the price to breach the neckline, confirming the pattern before executing a buy order. Risk Management: To safeguard against market volatility, this strategy includes a robust risk management plan. It involves setting a stop-loss just below the right shoulder to minimize potential losses. Additionally, the take-profit level is determined based on the height of the pattern, ensuring a favorable risk-reward ratio. Traders are advised to adjust their position sizes according to their risk tolerance and to monitor the trade for any signs of reversal.Longby A-AlsaediUpdated 5
TESLA can start a new rally to $300Last time we looked at Tesla (TSLA) was two weeks ago (February 15, see chart below) when we called for the bottom of the Channel Down pattern on a standard Inverse Head and Shoulders (IH&S) pattern: This time we switch to the longer term 1W time-frame where the stock is making a rounded bottom below the 1W MA200 (orange trend-line) on the 6-month Lower Lows trend-line. The last time we saw a rounded bottom like this was during the December 2022 global market bottom. In fact, the sequence from Tesla's ATH to that bottom is quite similar to the price action from the July 2023 High to now. A common dynamic on both patterns is the ATH Lower Highs trend-line, which has 4 rejections so far. Since however the stock made a +112.48% rise on the 2022 bottom and then on the next bullish leg a +94.91%, we expect it to initiate a new such rally of +75% (if each rally is weaker by 20%) and target the July 17 2023 Resistance. As a result we have a medium-term Target of $300. Notice also how symmetrical the 1W RSI sequences between the two are. Right now we are below the Support level which in 2022 priced the bottom. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot77159
Bullish - TSLA Target 211 + 216 before larger move upIt seems we may have found our bottom on this name and will likely find upside in the coming weeks. We have tested the upper channel there multiple times and with the right catalyst and volume, we could finally break above it. Which will give us room to move to 211 and then 216. A break above 216 can give us big moves towards the 220-240 zone. However in the same retrospect, if we reject that upper channel one more time, I am afraid we have a good chance of coming back down to the lower channel drawnLongby azheng26492
Bitcoin's market cap is now nearly 2x TeslaThis chart caught my attention. I had to write about it. I am not sure what it means, but in terms of market risk, tech, and what assets have the mainstream's attention, I did not expect Tesla to underperform as much as it has. Both Bitcoin and Tesla are remarkable assets in their own right, yet the recent divergence in their valuations is striking. This divergence raises intriguing questions about how the market is pricing specific assets or favoriting for the long run. Will Bitcoin continue to outpace traditional high-growth stocks like Tesla? Are growth stocks now value stocks? Has Bitcoin become the new large cap player? I'll be watching these two closely, but specifically Tesla, as it does strike me as a potential dip buy.by scheplick1113
TSLA BUY+++++TSLA still a buy! It's struggling with $200. Often when a stock hits resistance it will check back to that level or go slightly over- under that level. We should see $212 first target then $220 second target, soon..... Longby ShortSeller765
#TSLA BEARS Coming in today Appears that the zones are 198 and therefor PUT buyers will be green today? I'm definitely a bear on this one. Shortby InvestingWithChris0
[Elliot Wave] Will TSLA reach 400 and 700?Liquidity is flooded again pumping Bitcoin to 60k. Will Tesla, the wildest and largest growth stock in a decade reach 400 in wave 3 and 700 in wave 5?Longby esnqbtc141469
Opening: TSLA March 15th 165/175/215/225 Iron Condor... for a 3.52 credit. Comments: Somewhat of a "revenge trade" here after exiting my earnings trade for a small loser. 3.52 credit on BPE of 6.48; 54.3% ROC at max; 27.2% at 50% max. Generally, will look to take profit at 50% max/adjust untested side on side test.by NaughtyPinesUpdated 6
TELSA STOCKHello, traders here is a summary of what the Telsa stock price may play out in the future as you can see the price has been respecting the trend lines and ended up creating a pattern (flag bullish pattern) so my prediction is that the price would break the above trend line and retest it then go up. Longby dlaminisya4
tsla analyse*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.by iminigham110
Tesla looking good on weekly chart.In the weekly timeframe, Tesla stands out as an attractive investment proposition. The first price goal is set for a 50% rise, which correlates with the asset's approach to the established supply zone. Furthermore, the Williams Percent Range indicator is exhibiting an upward trend, as delineated on the chart, reinforcing the bullish outlook. Good luck.Longby petersnordanaa116
Tesla rising from demand zone.Tesla is showing a robust recovery from the demand zone, supported by the lower range of the RSI on the 4-hour chart. This technical outlook suggests a potential for a 17% profit in the near term. While fundamental factors have not been assessed in this analysis, the technical indicators could imply that this is a solid trading opportunity.Longby petersnordanaa5
Oh TeslaThe market really wants this stock cheaper. Price is landing on a demand zone. If you like Tesla and think in long term you start accumulating from here. It needs more work to break out the triangle, maybe next year but when it does is going to be massive. Price can also be pushed down to lower vertex of the triangle. That would be ideal but I see a lot of buyers out there. I'm not trading or holding this stock but is very interesting how the price moves.by ArturoLUpdated 3
TSLA - Understanding recent PA and analysis on what to look forOrange is the all important algorithm that will prove whether we are tapering on the buy side and need to continue to build liquidity. We will need yellow stronger buying continuation to break us out of this orange taper. We now know why it hasn't happened sooner - because we've had the top of green channel in our way acting as strong resistance with orange. But the more green strays further up and away from orange, the more it's important for us to break out of that taper to prove continuation. We will be back live streaming today at market open! Hope to see you all there. Happy Trading :)03:11by TraderDaddyOG5
TSLA-> And it keeps growingTSLA-> And it keeps growing From our previous analysis, Tesla tested the neckline of the pattern near 192.50 and the price rose again proving that the support area is stronger than we might think. As long as the old pattern is still valid, it is increasing the chances that Tesla will grow even more. We have to be careful near 209 as it is a very strong area. Once the price moves up above 209, it should rise further without any problem up to the other targets. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️ Previous analysis: Longby KlejdiCuni4479
$TSLA Head and ShoulderNASDAQ:TSLA just broke out of a range pushing to and rejecting the 206 level. NASDAQ:TSLA could go higher, who knows. All i know is what i see... which are: - price forming HnS pattern at range resistance-turned-support (15m) - Divergence between price action and RSI: Price made Higher Highs, RSI created a flat resistance (1H) Shortby NCEJ_LL7719
$TSLA Tesla Down Cycle + Bear FlagNASDAQ:TSLA Tesla Down Cycle + Bear Flag: Our cycle work suggests we are still in a down cycle, and we have identified a bear flag pattern. We will wait for a buy alert before entering a position. A "bear flag" is a technical analysis pattern that can occur in financial markets, particularly in stocks. It is considered a continuation pattern, indicating that the current downtrend is likely to continue after a brief pause or consolidation phase. The pattern resembles a flagpole, where the initial downward move forms the pole, followed by a period of consolidation or sideways movement, creating the flag. The flag is characterized by lower highs and lower lows, forming a downward sloping channel or a parallel trendline structure. Traders often look for a breakout below the lower trendline of the flag as a confirmation of the continuation of the downtrend. This breakout is typically accompanied by increased volume, signaling renewed selling pressure. The price target for the bear flag pattern is often estimated by measuring the length of the flagpole and projecting it downward from the breakout point. Overall, the bear flag pattern provides traders with a potential opportunity to capitalize on a downward trend continuation by entering short positions after the confirmation of the breakout.by AlgoTradeAlert3
$TSLA - Potential partial declineIf we manage to hold this historical inflection point, it would also be a partial decline inside of the broadening wedge / megaphone. For further confirmation we would want to see a move back above the local overhead supply zone and a break outside of the downsloping supply. We are currently broken out of and diverged from the initial supply line, and that is the one that is more important here. The linear divergence is a sign of strength. If we do break out, i would look for the measured move of the pattern to bring us as high as the 1.618 extension of the bear market, with profit targets along the way at 417, 584, 712, and the full extension at 968. We may not hit all of these targets and its of course a little early here still, but there are many fundamental reasons for this type of move to play out. Outside of all of Teslas typical endeavors, i think there is so much growth that isnt priced in regarding their AI, Chips/Dojo and training revenue, the potential with FSD/Optimus, and much more, but i like to stick to the chartsLongby TradingNomadic7
buy tesla. wedgebuy tesla cuz it is very cool and wedge pattern. will rise very soon trustLongby microfishing3000114
Tesla Long to 225H&S NASDAQ:TSLA long to 225 Head and shoulder pattern indicates possible range up to 225-235 over 35 days approximately. Longby Paul_Hodls6
Tsla Long Term Levels!Hello Dear Traders.. Chart is too busy in short... iam with longing Tsla from here.. Near Support 190 consider your Pivot point 204.96 Targeting 228 CLosing above 228 will signal more levels up Crosess X X X usually reverse the Candle/wave before it. Jinny Gann R Was used to create this chart..Longby Magic_xD9