Tesla ( NASDAQ:TSLA ) is almost back below resistance:
Click chart above to see the detailed analysis👆🏻
Last month, Tesla finally managed to close above the resistance trendline of the long term descending triangle continuation pattern. However over the past couple of days, Tesla stock then tumbled and is now trading below the trendline, potentially...
#TSLA - UniverseMetta - Signal
D1 - Formation of the 3rd wave and exit from the channel.
H4 - A triangle formation has formed.
Stop for the 2nd wave on D1.
Entry: 237.77
TP: 232.14 - 220.50 - 210.55 - 193.84
Stop: 252.79
MORNING TRADERS
currently this video is an extension of my last Tesla video I did we are are still trying to go to: will be break up and hit our 272 target or will need a bit more correcting to do before we can try our hands at the long trades.
I break this video down for you to give you the best insight into the best levels to look for if you trying to trade...
Tesla started a short-term pullback after be rejected by the resistance level of previous highs and the upper edge of the bullish channel, exactly followed what we have predicted on 25 sep.
so will tesla stop drop and go bullish again?
once point will need our attention is that tesla has been promoting their upcoming “Robotaxi Day” presentation, set for...
I was all set for Tesla to move downward, but things didn’t go as planned. Now, I’m switching gears and ready to explore an exciting potential rally instead! I’m keeping a close watch as Tesla inches closer to those crucial resistance levels, especially the $272-$278 zone. Every resistance level is a new chance for us to take action, and I’m right here with you...
Tesla (NASDAQ: NASDAQ:TSLA ) saw a notable decline of 5% in early trading Wednesday following the release of its Q3 2024 delivery and production numbers. While the electric vehicle (EV) giant reported 462,890 deliveries—slightly above analysts' predictions—investors had anticipated higher performance, leading to a sell-off. This drop brings NASDAQ:TSLA down to...
Two successful Tesla trading ideas, one from April and one from August.
April entry would now be around 75% up, and August entry around 30%.
Both ideas show how technical analysis can accurately time the market and generate returns.
Future resistance levels could indicate potential price consolidation.
This year, I shared two ideas about Tesla:
The...
Good afternoon traders
Todays video is on wave counting for Tesla how high will it go making our wave 3 268-272 is the gauge that I currently see. Enjoy the video
Any questions let me know
MB Trader
Happy Hunting
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.
NASDAQ:TSLA is forming a potential bearish Gartley on the four-hour chart, which would result in bullish price action on the C to D leg, as long as point C on the chart holds. Point C on the chart also corresponds to the daily 200 SMA, and is right above the psychological $200 level, which adds confluence to the long entry at $202.50.
On the H1 chart the trend started on Aug. 8 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 248.08
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
My answer to the topic is yes, but it may take some time. here are my reasons:
firstly, the price is moving in a bullish channel, and closing to the upper channel, which indicates resistance to the current price.
secondly, according to volume profile, the price is in the chips concentration area, which verified the resistance level is important.
so, the price may...
Good morning everyone
Today's video I am looking at to see how much higher this market will go and how deep this market will correct as well.
If you have any questions, comments let me know
MB Trader
Hey traders, here’s a quick Tesla update! We’re sitting around $238, and here are the key scenarios I’m watching:
Scenario 1: If we hold here, we could see a move up to $250 before a deeper correction.
Scenario 2: We might break down to $235-$233, then potentially rebound from there.
Worst Case #1: If a deeper correction happens now, Tesla could drop to...
Hey traders! MB Trader here—hope everyone had a great week of trading. Let's dive into Tesla and talk about two potential scenarios I'm watching closely. There are some key levels in play, so here’s a quick breakdown of what could happen next:
Scenario 1: Correct and Push Higher
-We could see a correction, but Tesla might still head upwards toward the $250...
Good morning Traders
In this video I speak on Tesla and doing a quick break down on which levels to look for if we are breaking up with a target of 134 and beyond.
Enjoy the video
If you have any questions, comments, tell me what you like , dont like and what videos you want to see.
Happy Hunting
MB Trader
TSLA / 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...
