Possible Wave counts of TSLA Hourly & DailyDaily Time Frame Chart
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RK💕
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The analysis and discussion provided on in.tradingview.com/u/RK_Charts/ is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
TSLA trade ideas
TSLA - WKLY- CnH-Symmetrical Triangle This chart shows Tesla's price on a weekly timeframe with key technical features:
1. **Cup and Handle Pattern**:
- A bullish reversal pattern formed over the past months, with two rounded bottoms resembling a "cup" shape and a minor consolidation area.
- The breakout above the resistance level confirms the pattern.
2. **Measured Move Targets**:
- **First Target**: $406.69, reached with a 48.95% move.
- **Second Target**: $489.24 for symmetrical triangle reflecting a 72.66% rise from the breakout.
3. **Key Resistance and Support Levels**:
- **Breakout Zone**: Around **$271.73**, the neckline of the cup and handle.
- **Intermediate Resistance**: Around **$406.69**.
- **Current Price**: Trading near **$463.02**.
4. **Volume**: Strong upward volume during the breakout phase, reinforcing the bullish breakout.
If the momentum continues, Tesla's price may target the next resistance near **$489.24**. Let me know if you need further insights!
Tesla Inc. (TSLA) NASDAQ @ 321.22Tesla Inc. (TSLA) NASDAQ @ 321.22
Supports: 138/101
Resistance: 414.55
As long as 138 holds support, We can see big bull move.
As per my analysis, we are in the wave (3).
Immediate target for this up move is 357 and followed by 414, 455.
Ultimate target for this move is 512-612.
LONG TERM TARGETS: (512-612), 670, (764-830-921), 1034, (1155-1221-1334).
My view: BUY on DIPS for 500/700/1000+
Tesla Robot taxi theme play soon over ?
Strong downturn momentum signal in Elliot wave oscillators in last few session was strong
The next support see at 212.50, target for rebound resistance see at 230.00
If it might arrive this trendline support in next session, RSI shows oversold in 1 hour chart.
The next strong support 200.00-205.00
Tesla buy near 205-200 If Tump Win then 1000+ in next 4 years Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
TSLA: Ready for a Space Trip?As per chart action we all can see that TSLA is now heading upwards journey.
with TSLA now, umbrella company SPACEX is also doing good in its segment and TSLA is getting better opportunity to do manufacturing and enter in developing countries like india etc.
Also with Giga Factory expansion and making New Tesla cell technology
with that they can use that technology to take advantege in their new products also.
With current price(260) with target of new high (around 420-440) and with SL of 140.
It does not constitute and cannot replace investment advice. We therefore recommend that you contact your personal financial advisor before carrying out specific transactions and investments.
For Tesla Inc. (TSLA) on a daily timeframe"Welcome to SkyTradingZone "
Hello Everyone 👋
For Tesla Inc. (TSLA) on a daily timeframe, here are the key support and resistance levels:
Support Levels:
First Support (S1): Around $220.67
Second Support (S2): Around $221.98
Resistance Levels:
First Resistance (R1): Around $265.90
Second Resistance (R2): Around $239.30
Telsa buy given at 175 , Trail sl 230 Target 290, 315, 338,360Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
TESLA long term bearishness startedTesla seems loosing strength with rising wedge bearish pattern broken with volume. This is long term review as chart is 1W TF. So result may be for long terms like 4week to 12weeks or further. So please don’t over judge it but any positive news there, it will be opportunity of sell on rise only. As this is very strong pattern and wont fail in most of the scenarios especially when we see it in longer timeframes. It can also fill the gap till 208 too then big players will start the bear run too.
*Target8 & 9 are bit bold but you never know as wedge pattern targets are always bigger.
Ideally last bullish target - 208 after that it can attract the further fall. But this is just assumption, please don’t go wild. without any financial advice. I am not a financial adviser. Sorry in advance if i attract any trouble, i am not responsible if things go right or wrong. This is my general view as per chart patterns.
Target1 177
Target2 166
Target3 153
Target4 144
Target5 129
Target6 117
Target7 103
Target8 85
Target9 68