Elon vs. Trump Drama, But the Chart Speaks LouderTesla closed at 300.63 with a strong 5.42% jump, but the rebound looks more technical than solid. RSI is at 43.90, still in bearish territory, and the stock hasn’t recovered from the recent drop from 360. The 305–310 zone is key — if it fails to break above that with volume, it might drop back to 280 or even 260.
On top of that, the growing tension between Trump and Elon Musk could weigh on market sentiment, especially with the upcoming election and possible regulatory concerns.
Bottom line: the move up doesn’t look convincing yet. Watch price action and volume closely in the next few days.
#TSLA #Tesla #TechnicalAnalysis #StockMarket #WallStreet
TSLA trade ideas
TSLA cup and handle INVALIDATEDThe TSLA cup and handle breakout case has been invalidated as of Thursday June 5th of this past week. The start of the week showed lack of conviction in the follow through to and over the 360 price level, where sellers stepped up. This indicated a slowdown in bullish momentum and a weakening trend early in the week. The ultimate catalyst that caused the breakdown for TSLA was, of course, the public breakup of Musk and DJT over social media platforms. This caused a "waterfall effect" of intense selling pressure through low volume zones from ~330 to the high volume node and put wall at the 280 level. Price ended up overshooting 280 but ended up reclaiming that level by the end of the session and bounced higher the following day. At this point, the weekly and daily charts are showing a short term wedge formation that may take some weeks to play out. There has not been signs of big institutional buying at the these levels as of now, and as such I suspect that there may be a bit more downside these coming weeks. My current idea is a short/put position under 293.5 to about 273, with a maximum target of 250. If price ends up at or near 250 levels, I would look to start a long position for a play back up to the 300 level.
Is Tesla telling a classic story right on its chart?This looks like a textbook example of Richard Wyckoff's "Creek" analogy. For months, the stock faced a "creek" of selling pressure around the $280-$300 resistance line, turning back any attempt to move higher.
Before the big move, the price "backed up" to a Last Point of Support (LPS) to gather steam—that was the dip we saw back in Phase D. Then came the powerful "Jump Across the Creek," a breakout with strength and volume, launching us into what appears to be Phase E.
But the story isn't over. The sharp pullback we're seeing now isn't necessarily failure. It's the critical "Back-Up to the Edge of the Creek." The stock is testing if the old resistance (the far bank of the creek) will now hold as new support.
The question now is: Does the ground hold for the next launch higher, or does the price fall back into the water? This is the moment of truth.
Tesla rejects bull flagTesla rejected the bull flag and immediately dropped back to the weekly demand zone. I am glad I only sold one TSLL put around the base of the flag rejection retest. I have taken this opportunity to buy 1000 shares for a big swing trade here. There was a very strong bounce on my rejection target of 275.
I believe we see 330 again in no time.
My plan: 1000 shares of TSLL
Old 13$ CSP sold
new 9$ CSP solds
13$ Covered calls sold for next week x10
TSLA at an inflection pointNASDAQ:TSLA weekly chart shown wirh Mcginley indicator (a trend following indicator) and cycle oscillator. Whilst price currently shows a negative bias, I believe price has reached an inflection point as the market seeks direction. Those waiting to buy the dip should wait patiently for entry opportunities upon confirmation of momentum and volume.
TSLA wait for buying signal at 250s or 210sTesla (TSLA) has been a hot topic among investors. Analysts at TD Cowen recently maintained a "Buy" rating with a price target of $330, citing Tesla's advancements in autonomous vehicle technology as a key factor. Elon Musk has also stated that Tesla has already "turned around," with the stock price climbing back toward last year's highs2. However, Tesla's recent earnings report showed a 71% drop in net profit year-over-year, and vehicle sales fell 13% in the first quarter.
The stock is currently trading above $360, which is 184 times trailing earnings, making it significantly more expensive than legacy automakers. Some investors remain bullish due to Tesla's focus on robotaxis and AI-driven innovations, while others are cautious about its valuation and declining automotive profits.
If you're considering investing, it might be worth reviewing Tesla's latest earnings, growth strategy, and broader market conditions. You can check out more details here and here. Let me know if you want a deeper dive into any specific aspect!
Tesla (TSLA) Share Price Falls by 3.5%Tesla (TSLA) Share Price Falls by 3.5%
Yesterday, the share price of Tesla (TSLA) dropped by 3.5%, placing it among the five worst-performing stocks of the day in the S&P 500 index (US SPX 500 mini on FXOpen). Since the peak on 29 May, the decline now totals nearly 10%.
Why Tesla (TSLA) Shares Are Falling
Among the bearish factors are:
→ A drop in car sales in Europe. Sales in Germany fell by 36% year-on-year in May.
→ Growing competition from China. May deliveries from Tesla’s Chinese factory were down 15% year-on-year.
→ Elon Musk’s criticism of the US President’s proposed government spending bill.
Media reports also suggest that Musk took offence at staffing decisions at NASA, while Trump is reportedly losing patience with Musk over his attacks on the spending bill.
A potential rift between Musk and Trump could have far-reaching consequences — including for TSLA shares.
Technical Analysis of TSLA Stock Chart
Six days ago, we:
→ Drew an ascending channel (shown in blue), noting that the upper boundary could pose a challenge to further gains;
→ Highlighted the $355–$375 zone (shown in purple) as a possible resistance area;
→ Suggested a correction scenario following a roughly 27% surge in TSLA’s stock price during May.
Since then, the price has dropped towards the median line of the ascending channel. If this fails to offer sufficient support, the correction may continue towards the lower boundary of the channel, which is reinforced by support around the psychological $300 level and former resistance at $290.
News related to the planned rollout of Tesla’s robotaxi trials could significantly impact TSLA’s price movements in June.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
WILL IT HOLD THE LINE this time ?Hello ,
one of big boy players .
And my 30000 overview .
Yes I like to look far away to see whats is the haos about ........
Many many many !!!! learned that you dont play that one down ;) .... However charting can be helpfulll .
You in it ? You know why .....
Am I ?
NO .
Is there potential to Fly .. YES.....
What you see here is very simple aproach to charting using the most old simple aproach .
Can I make this complicated and get your head spin ? YES.
some fundamentals dont change .......
SUPPLY / DEMAND is one of them .
Here you can see how this price reponded to market conditions ,
Yes im talking about price at this poin only . (why) ( other metricks are out )
Deeper rabbit O >>>
ONLY one way is simply put this on Play mode and that would be the only one way to watch this develop .
This can deserve deeper brake down eventualy.
But I belive that this mode its great for the company volatility .
cheers !.
Any OPINIONS ?
TSLA: Continues to form a Cup and Handle reversal patternHey folks,
Just a quick analysis of NASDAQ:TSLA on the daily chart. Compared to my last analysis, price has fallen a bit since, as a new flag (handle) continues to form following a cup pattern.
- Cup and Handle pattern forming. The handle would also count as a bull flag. This is known as
a cup and handle reversal pattern, after a downtrend. So yes, it is possible for a stock to
reverse its trend through the formation of a cup and handle reversal pattern (as you can see
in the chart).
- Major resistance at $366 which marks the peak of the flag (handle) pattern. This would have
to be broken in order for the cup and handle to be valid.
- Volume has also been decreasing during the formation of this pattern: this is typical amongst
Cup and Handle patterns, and generally a positive sign.
Note: Not financial advice.
TESLA - Slava NikoleTesla stock market open on Easter Monday morning for the next few weeks ago so I'm not too concerned that you can use your own business you can get a ride for you to get a new phone yet but it can get it can get it can get a new car can be done in about the election of it I can be a
CUP AND HANDLE $TSLA TO $515 MINIMUMThe cup and handle is a bullish chart pattern commonly used by traders to spot potential buying opportunities. It features a rounded "cup" formation followed by a slight downward drift forming the "handle." This pattern typically signals a continuation of an upward trend once the handle completes its consolidation phase.
ROBOTAXI BOOM
BUY NOW NASDAQ:TSLL NASDAQ:TSLA
Tesla vs. BYD: The Market’s Greatest IllusionIntroduction: The Tale of Two Companies
You don’t need to be an economist to see it. Just compare Tesla and BYD.
BYD: Founded in 1995, Chinese, over $107 billion in revenue.
Tesla: Founded in 2003, American, with less revenue—but a market cap six times bigger.
The reason? Because one sells cars, and the other sells dreams. And Wall Street loves a good dream.
The Illusion Economy: When Hype Outweighs Reality
Tesla’s valuation isn’t tied to assets, production, or profits. It’s a ritual of collective belief—a performance act where branding replaces substance, and expectation outweighs reality.
It’s the same logic behind a $1,000 jacket that costs $100 to make. Put a fancy logo on it, and suddenly, it’s not overpriced—it’s "premium." You're not just buying a product; you're investing in a lifestyle. Sure. Keep telling yourself that.
Tesla is the $1,000 jacket. BYD is the actual tailor shop.
Tesla vs. BYD: The Numbers Tell the Story
Tesla’s market cap is over $1 trillion, while BYD’s is under $200 billion. Yet, BYD outsells Tesla globally, especially in China, where it dominates the EV market. Tesla’s valuation is built on brand perception, future promises, and speculative optimism, while BYD’s is grounded in actual production and revenue.
Financial Storytelling Over Business Reality
Tesla isn’t just a car company—it’s a financial illusion. Markets rise not on performance, but on promise. Stock prices reflect not what a company is, but what a hedge fund feels it might become. It’s not a business model—it’s mood swings with decimal points.
BYD’s Competitive Edge
Production Power: BYD manufactures more EVs than Tesla annually.
Battery Innovation: BYD’s Blade Battery is safer, lasts longer, and is cheaper than Tesla’s.
Affordability: BYD’s EVs are significantly cheaper, making them more accessible to global consumers.
Market Reach: BYD dominates China, the world’s largest EV market, while Tesla struggles with pricing and competition.
The Consequences of Buying the Dream
Tesla’s valuation isn’t creating better cars. It’s just creating dumber investors.
Investors who think they’re visionaries because they bought into the hype.
Consumers who think they’re elite because they bought the label.
Boards who think they’re gods because someone inflated their stock ticker.
But every illusion has an expiration date. Every bubble has its needle. And when dreams are sold on credit, reality always comes to collect.
Reality Always Comes to Collect
This isn’t growth. It’s speculative theater funded by your retirement account.
Real value doesn’t need hype. It appears in supply chains, production lines, tangible goods, and on profit sheets that make sense even without a TED Talk.
So next time you see Tesla’s trillion-dollar valuation, ask yourself: Are you investing in a business? Or are you just buying the dream—before it bursts?
INTRADAY TSLA. SHORT @ 352. LONG @ 333. Overview -
TSLA is showing declining sales and low vehicle registration in the many countries. Although, that hasn't deterred the stock holder into panic selling, we aren't bullish on TSLA but we aren't necessarily bearish either. The market trend is going to determine the immediate direction today. We will go with a slightly bearish approach on TSLA, mainly because it was rejected from the 365 area despite trying to hold it.
The important levels in the premarket are 343 and 348.
INTRADAY TRADE PLAN -
1. If the stock opens at 345 and plummets to 343, where it confirms strength. We LONG till 348. Take a partial out at 343 and put a trailing stop.
2. If the stock opens at 345 and rallies to 348, where it confirms weakness. We SHORT till 343. Take a partial out at 343 and put a trailing stop.
3. If the stock goes till 343 and consolidates. We observe the volume footprint and side with the sellers if they are dominant. If the buyers show strength instead, then we do nothing and wait for the price to drop lower.
4. If the stock goes till 348 and consolidates. We observe the volume footprint and side with the sellers if they are dominant. We stay back if buyers are showing strength. We wait for the price to drop a little and verify if the buyer strength hold even stronger at the lower levels. Once we confirm it, we go LONG at 345 or 343.
5. If the stock goes straight to 352-355 area. We wait for even the slightest sellers aggression and we go SHORT until 345 area (or any other area where we see buying presence).
6. If the stock goes straight to 333-336 area. We wait for the buyers to step up with a little aggression and we go LONG until 348 area (or any other area where we see selling presence).