Tesla at Great opportunityI believe Tesla at good point to enter as it's reversal at current trendline support. expecting to move up from current price. Entering into India Market is a huge positive for this stockLongby stocktwists2
Tesla looking good at these levels Tesla is approaching multiple levels of historical support, it seems oversold on the RSI - I can definitely see it making a move similar to what I have posted. Longby grbrinkley0
Will there be a surprise in April for TSLAEVs are getting hammered by the market. WIth some are going almost bankrupt ( NYSE:FSK ), some are hopeless when it comes to electrical vehicles. We have been in a downtrend since 2 and some years ago. Since inflation has been higher consumers have avoided financing cars and this has been one reason why the velocity of sales has been lower, adding also that NASDAQ:TSLA has been lowering their price to compensate for these problems. As many have said and joke about it that TSLA is not just a car company, I agree with this thesis. I firmly believe that NASDAQ:TSLA is a gem of a company, and not just because its a car company, (very hard industry) but also because of the technology that it is developing. We have seen the TSLA robots that are being developed and their core potential. TSLA is also making chips, however it has a long way to go to be on par with VANTAGE:NVIDIA , I believe with market momentum and a good story we can see NASDAQ:TSLA bouncing in the following weeks. Usually, I do not analyze stocks that have a pattern such as NASDAQ:TSLA for a long trade since we have not witnessed confirmation yet. However, from here I believe some of the stocks that are leading the market ( VANTAGE:NVIDIA , NASDAQ:MU , BCBA:TSMC ) can shift some momentum to NASDAQ:TSLA with the right conditions. Should the US market continue its strength, I believe NASDAQ:TSLA will be one stock that will produce alpha in this cycle. Keep an eye on the NASDAQ:TSLA press release in April. Goodluck and happy trading.Longby Tradewizard1227
TSLA CALLSThe price shows signs of bottoming out on crucial weekly support zone and appears to be forming higher highs from that point. Expecting a rally to at least $200 levels.Longby Jakh_FX4
TSLA finding Support, Turn incoming?Fibonacci Extensions have TSLA's support at $166 Fibonacci Retracements dictate that the 61.8% of the last run-up is at $177.9 The battle is here, bears defending the red line @ 177.9 Bulls Defending $166 -If bulls can reclaim a close above 177 I forsee a run-up to at least $245Longby CoinObservatory3
TSLA: Signs of bearish exhaustion, possible upward movement The TSLA stock price appears to be showing signs of exhaustion within the bearish trend, suggesting a potential upward movement by the end of the second quarter of 2024. Initial targets are estimated to be between 190 and 200, with the possibility of reaching higher levels, around 240. Additionally, the pattern indicates a potential upside surprise if the price manages to sustain above 160.Longby Quantific-Solutions4
tsla monthly rule 1 suggest more bearish to come base on tredlinbase on trendline monthly chart analysis more bearishness to follow Shortby farooqsattar0
TSLA is a BUY above this level and a SELL below this Key LevelDear Fellow Traders, I am pleased to share with you an incisive examination of Tesla's stock behavior, underpinned by extensive trading experience, particularly in the derivatives market. The meticulous scrutiny of Tesla’s price action has enabled me to anticipate its oscillations with considerable accuracy. Upon close examination of the technical chart, we observe that Tesla has been entrenched in a downtrend since November 2021, a trend that has been consistently recognized within the trading community. The recent technical pattern has signaled a bearish stance with a confirmed sell signal upon closing below the critical threshold of $161. As we direct our attention to the immediate trajectory, I postulate that the support near $165 is poised to be tested. Should this support falter, it augurs a potential reevaluation of prices in the vicinity of $162 to $161. Given the influx of unfavorable news concerning Tesla, the stock has exhibited augmented volatility. Last week's formation of an 'inside candle' is particularly telling. Such a pattern often portends a forthcoming breakout from the established trading range. A decisive move above the $178.80 mark may engender a rally towards the $190 to $194 region. Conversely, a breach below $165 could precipitate further downward movement, adhering to established trading protocols. I wish you all a splendid weekend and extend my best wishes for prosperous trading in the forthcoming week. Moreover, I would like to convey my warm regards for the upcoming Easter Weekend.by dt09537
The Patient Man WinsBullish Divergence on RSI and MACD but not at the desired levels yet. Would like to see it drop to $153 where it would bounce of the support as confirmation before going higher. If it ends up going back to support, it would most likely create a new wave for double bullish divergence which could make the argument stronger. Keep on your watchlist but not at the desired levels yetby diegochuw117
TESLA BUY ZONEThe data provided gives us insights into the analyst sentiment and price targets for Tesla (TSLA) stock over the last three months. According to 34 Wall Street analysts, the average price target for TSLA is $207.74. This average is derived from a range of forecasts, with the highest forecast being $320.00 and the lowest forecast at $23.53. It's important to note that this represents a 21.61% change from the last recorded price of $170.83. Furthermore, in the current month, TSLA has received ratings from analysts, with 28 Buy Ratings, 43 Hold Ratings, and 11 Sell Ratings. This diverse set of ratings indicates a mixed sentiment among analysts regarding the future performance of Tesla stock. In the context of a trade, it's mentioned that there's a small stop loss in place, suggesting a risk management strategy to limit potential losses. Additionally, there's a profit target set at 99.99, indicating the desired profit level for the trade. With these parameters in mind, the trade aims to capitalize on potential price movements in TSLA stock. The trade outlines a potential profit of 1667 pips. As TSLA is a stock, the term "pips" might not be the most appropriate unit of measurement. Nevertheless, it's understood that the trade aims to achieve a significant profit based on the perceived movement in TSLA stock price. Overall, the trade strategy appears to be based on the analyst sentiment and price targets, with a focus on risk management and setting profit targets. Traders implementing this strategy aim to capitalize on potential price movements in TSLA stock while managing their risk exposure effectively.Longby MOAZAM11330
TSLA BUY++++++TSLA has been rather annoying lately, we broke several support areas including the downtrend line support but TSLA is trading above that once again. We are consolidating for a move upward with strong support above $156 which I don't think we will see on this leg. Next major resistance is at $195 cloud and .618 on Fibonacci to be expected in coming 10 days or so. GL and take the bad days with the good daysLongby ShortSeller763
TESLA: Bullish Continuation & Long Trade TESLA - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long TESLA Entry Point - 170.74 Stop Loss - 163.69 Take Profit - 184.25 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals112
Tesla : An EV Pioneer in the US#Tesla might be making its foray in India as well with the recent EV policy in India. Technically, it might be available at a channel bottom as shown in the chart, exit if it breaks down. Can enter with a small stop loss below the trend line. If it breaks the descending triangle, might see a huge upside.by chARTronics11
TSLA longThe weekly chat shows us a Fair value gap above $125 price mark and that looks good to stack up more TSLA between $125-$120 and we get to see $200 per share before the end of Q2. my stops at $100.Longby Thetradehousefx3
$TSLA ONCE IN A LIFETIMEMy Plan: Calls > 178 II Puts <167.50 VERY tight INSIDE week killing premiums with a POWERFUL Fibonacci Harmonic SETUP This is MAKE OR BREAK time - I PLAN to fully automate my options plays ❤️if DOWN! by tradingwarzone338
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