Hello folks,
Please note this is not a financial advice, this is just my interpretation of chart and price action.
NASDAQ:TSLA has yet again turned bearish after loosing 50 MA support. I expect a minor bounce at $160 and continuation to bearish trend. As per chart, $127 is still possible, If we break down $160.
One thing to keep in mind is that, the volume...
Chart #1 : Price Target $154
Tesla has been trailing this downtrend line (aqua) and its 50 day moving average (blue) falling 36%, underperforming both major indexes SPY & QQQ up 25% and 27% over the same timeframe.
Tuesday 2 April 2024 Tesla reported vehicle deliveries of 386,810 and production of 433,371 potentially signaling a current demand problem. This...
➖ The current move on the Tesla stock (TSLA) is not supported by market fundamentals and can thus be considered weak.
➖ A weak counter-trend move can be used as an opportunity to sell (SHORT) by smart individuals/traders.
➖ The Tesla stock (TSLA) is set to drop long-term based on the individual stock long-term price dynamics. It is likely the best is already in...
Hello,
We've identified a current opportunity to buy Tesla Stock with a high probability and a good risk-reward ratio of over 2.5 in the Monthly chart.
Our target is $300 within a few Months.
Ibrouri
News quickly broke out that Tesla (TSLA) has received tentative approval from Beijing to launch its driver assistance software in China. This development occurred during a surprise visit by CEO Elon Musk to Tesla's largest market outside the US. Chinese authorities have agreed to allow Tesla to introduce its Full Self Driving (FSD) solution, leveraging mapping and...
Understanding Volume Indicators:
Volume indicators are essential tools for traders and analysts, providing insights into market activity and sentiment. In this guide, we'll explore seven common volume indicators and how you can use them to enhance your trading strategies.
1. Volume
Volume is the simplest volume indicator, representing the total number of...
NASDAQ:TSLA gapped up today signaling a potential trend reversal. However, volume is weak as shown by the volume oscillator. Will wait for further price development.
Volume here is used a trade filter. It is possible that price continues to move higher as the daily chart alone does not portray the full picture.
Tsla share repumped today to retest the broken upper trend
There are a lot of movement expectations :
1- The Price close above the Key LVL 205.30 then we can find the prices go up again to try to rebuild new wave (not expected by myself)
2- The price is retesting the upper trend showing at the drawing, so later on we will see push of selling the share and this...
hello guys...
I published before this analysis:
I believe the target of the short position was 127$!
but now the price made a three-drive pattern and showed us a manipulated area! I think if the price comes higher than 185$ it will mean the correction is done!
let's see what happens!
___________________________
✓✓✓ Always do your research.
❒❒❒ If you...
On the above 2 week chart price action has printed two significant macro indications:
1) Broken market structure, failed support.
2) A lower high, trend reversal.
Beginning from 2023 price action entered an upward channel before a breakout in December. This move in price action created a bear flag pattern. A forecast may now be measured from the last downtrend...
TSLA is doing same think it did last time, flush out lot of bulls.
I think if there is any more downside it should be 145.
The volatility during the FOMC will impact tesla, but should bounce back stronger.
Dollar cost averaging is best.
Buying between 145 to 170 is what I'm looking at.
Cheers,
Happy investing NASDAQ:TSLA
TSLA support and resistant price structures formed at every 50$ range
Finally it hit 150 support zone !
This week open gap down but ended strong rebounce forming Bullish Piercing reversal candle with VOLUME at 150 Support and Trendline Support.
Weekly Chart - Long Term
Generally still downtrend (Red MA Rainbow) and Bearish (Candle below Moving Average)
FiFT...
Time for a new updated chart in TSLA.
TSLA has now formed a MEGA Bearish structure. While we are not near a Key area at the moment. The initial formation does not look good for the Bulls going forward.
At this point, it would take a lot of effort (buying) to change the message of the market in this chart. While anything is possible it does not appear likely at...
Sometimes these support bounces make me wonder "Are we in a simulation".
Look at that "coincidence" haha.
Feels even weirder with Dustin saying Elon is cooking the books Enron style.
Be cautious, too good to be true?
No Positions, Just "Line Lessons 101"
**Technical Analysis Chart Description:**
Welcome to my Technical Analysis charts on TradingView! Before we delve into the analysis, it's crucial to understand some important considerations:
1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
The Falling Wedge is a bullish formation that starts with a wide top and narrows as prices decline. This movement creates a cone shape that slopes downwards as the reaction highs and lows come together. Unlike symmetrical triangles, which lack a clear slope and bias, falling wedges unmistakably slope downwards and exhibit a bullish bias.
-The buy signal has been...
