TSLA trade ideas
Long Tesla for target of 325 to 350Tesla is getting ready for a move and currently forming flag and pole pattern on weekly charts. In case it breaks out of this pattern on upper side then targets on weekly charts are
T1 - 300
T2 - 325
T3 - 350
Stop loss 190 on closing basis (weekly)
Happy Trading !
$TESLA BULLISH FLAG PATTERN50% Upside Expected in $TESLA
*Breaking Long Term Trendline With Bullish Flag Pattern Breakout After Consolidation.
tesla The Daily chart for Tesla, Inc. (TSLA), as of December 10, 2023, showcasing the stock's price movements and technical indicators on the NASDAQ exchange. Tesla is a pioneering company in the electric vehicle (EV) and clean energy sector, known for its electric cars, battery energy storage, and solar products.
support at 232: can expect to test swing highs of september
The company has been a focal point for investors interested in the intersection of technology and sustainability.
Observing the technical aspects of the chart, we can see the Relative Strength Index (RSI) at the bottom, which is an oscillator used to measure the speed and change of price movements. The RSI can help identify overbought or oversold conditions, with levels marked at 70 and 30 traditionally indicating these extremes. On this chart, the RSI appears to be nearing the upper threshold, suggesting that Tesla's stock might be approaching overbought territory. This could indicate that some investors may consider taking profits, potentially leading to a pullback in the price. However, an RSI near the overbought region can also persist during strong trends, underscoring the importance of confirmation from other indicators and market conditions.
Regarding support and resistance levels, which are crucial for predicting potential turnarounds or continuations in price, we notice that Tesla's stock has been trading within a defined channel. The lower boundary of this channel could act as a support level, where buyers historically have found value and pushed prices higher. Conversely, the upper boundary is where selling pressure has previously capped upward movements, establishing it as a resistance level.
At the time of the chart, Tesla's stock is closer to the upper boundary of the channel, which may act as a resistance in the short term. A break above this level could suggest further bullish momentum, whereas a rejection could see the stock retreat to lower levels of support.
Long Opportunity Below 200$TESLA is forming a correction & expecting to reach below 200$ looking for opportunity for long once its reached down below.
Move startedWeekly chart looking bullish. Hold for 270, 290 and then for 320.......everything is good ..
$NASDAQ:TSLA Everyone is doing the SIP the Wrong way...NASDAQ:TSLA Everyone is doing the SIP the Wrong way...
Follow the "SIP Smartly" Indicator to do it Right.
We should do the SIP when others are fearful.
Do your research to pick the quality stock and add "SIP Smartly" Indicator and keep SIPping when you get a Buy alert for your stocks and sit back and enjoy. And let magic of compounding generate wealth for you.
Do your own research before investing or trading in any stock or indices.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
TSLA Good Technical formed for long can reach on price actionTSLA Good Technical formed for long and go to 294 really nice price action
The Final DestinationAs the MACD near to Hexa line, strong possibility to hit back towards upper trajectory, the move will confirm in next week, The final journey of the stock will upto 380 with three months, 20 days and 50 days moving line are close to give strong momentum .....
Buy TeslaWave 3 will start from here. Target will 400 within next three months. Stop loss can be placed at 120 which is last bounce back.
TSLA Down trend TSLA does not meet expectations in the ER and might go to support levels in next one month.
Comparison of Bull Bear Line with EMAsA 21 period Bull Bear Line and the same period EMA as well as 60 period EMA are displayed in the TSLA chart.
It shows that BBLine is as responsive as EMA in trendy markets, and as flat as 60 EMA in range markets.
Bull Bear Line as Trailing StopSelecting a trailing stop scheme to maximize profit whilst minimize risk is a challenge to traders.
Bull Bear Line is a good option to serve as trailing stop. It behaves similarly to the popular Chandelier trailing stop strategy. However, it is simpler than the latter and adapt to wide range of instruments.
Do TSLA can go go aroung 65 05 84 ?Fibo trend and one unfilled gap shown TSLA might go 85 to 65 range . Please have look in chart
Will Tesla Keep Up the Winning Streak with the Upcoming EarningsNASDAQ:TSLA A behemoth in the electric vehicle and clean energy sector that has always kept investors and market analysts on their toes with its stock price movements.
Tesla had a tough time in 2022, seeing its stock price drop from $400 to almost $100. But things turned around this year. The stock price bounced back big time, going up by 200% from $100 to $300. Now, it's moving within a tight range, forming what's called a symmetrical pattern. This means the stock price is holding steady for now, not making any big jumps up or down.
Investors are now eyeing the company’s earnings report coming out in two days. Tesla has been on a roll, meeting its earnings targets for the last 10 quarters. If Tesla hits its earnings target again this time, the stock price could break out of its current range and climb higher.
Anticipating Tesla to reach 320 within Wave V.Anticipating Tesla to reach 320 within Wave V.
In Elliott Wave Theory, the concept of "Wave V" represents the final major move in a five-wave sequence. It is usually the wave that follows after Wave IV, and it often leads to the end of a significant trend. In the case of Tesla stock (TSLA), anticipate it to reach 320 within Wave V.
Tesla in rangeTesla is in range of 216-240. but overall its weak.
Above 240, it can attempt to 262
and below 216, it can test 194/167
Tesla buy😎 246 stop 242 tgt 250..256Strong bullish from here
246 to 256....
My view upside
Education purpose only
TESLA buy above only 268.50 stop 264 target 272 ..276tesla buy above only strong 268.50 stop 264
target1 272
target2 276++
my view only
educational purpose
Tesla Nearing its bottom - AccumulateTesla formed a Head and Shoulder pattern on charts and have fallen from 222 to 140 already.
Its nearing the bottom and currently at first support level. The support levels are marked on the charts. $118 is strong support if it continues to fall further.
Recommendation is to start accumulating the shares in small quantity from now.
