TSLA - Optimistic Reversal ZoneNASDAQ:TSLA still in correction wave.
A potential price reversal zone (PRZ) is around 320.
If we can have it, it might be okay to keep it along this year.
TL0 trade ideas
TSLA: Technical Analysis (TA) for Feb. 7Timeframe: 1-Hour Chart
Market Overview
* Current Price: $370.88
* Key Resistance Levels:
* $380: Immediate resistance. A breakout above this level aligns with a potential gamma squeeze.
* $400: Higher resistance and critical level for bullish continuation.
* Key Support Levels:
* $363: Closest support, aligned with the highest negative GEX level.
* $350: Stronger support and psychological level with higher PUT concentration.
Trend Analysis
* TSLA is moving within a descending triangle. A breakout above $380 could signal a bullish reversal.
* However, price action remains constrained, suggesting cautious entry until direction is confirmed.
Momentum Indicators
* MACD: Bearish momentum is easing, but there is no clear bullish crossover yet.
* Stochastic RSI: Overbought in short-term, indicating the potential for short-term consolidation before further moves.
Gamma Exposure (GEX) for Option Trading
GEX Overview:
* Call Resistance:
* $380: Strong resistance aligned with 92.29% CALL wall concentration.
* Put Support:
* $363: High negative GEX level, suggesting robust support.
* Sentiment: GEX indicates a neutral-to-bearish sentiment due to concentrated PUT walls below the current price.
Trading Suggestion
Options Trade Scenarios:
1. Bullish Setup:
* Entry: Buy 7 DTE Call Options if the price breaks above $380 with strong volume.
* Target: $400.
* Stop Loss: Below $374.
2. Bearish Setup:
* Entry: Buy 7 DTE Put Options if the price drops below $363.
* Target: $350.
* Stop Loss: Above $368.
Critical Observations
* At market open, price movements may shift due to increased volume and volatility. Ensure to check real-time GEX updates to validate your setups.
Disclaimer
This analysis is for educational purposes only and does not constitute financial advice. Always perform your due diligence and manage risks accordingly.
TSLA Next Leg Up Tesla looks primed for a strong move after consolidating. The stock has been trading in a tight range, building up momentum, and now appears ready to break out soon. With higher lows forming and volume showing signs of accumulation, a bullish move could be imminent. If TSLA pushes past resistance with strong buying pressure, we could see a significant rally in the coming sessions. Watching for confirmation and a clean breakout—this could be the start of the next leg up.
TESLA 1H Chart LongTesla is getting into 1H strong support, we believe that even if it's gonna fall more the price first will reach take profit 1 target
Weakness in $TSLA when $QQQ and $SPY are strongAfter hitting an ATH NASDAQ:TSLA has lost the momentum. The NASDAQ:TSLA stock has lost the 50 Day SMA and the next stops are the 100-Day @ 330 $ and then the next stop is the 200-Day @ 280 $ . For all the Fib Retracement fans check out for the levels 0.786 @ 345 $ and 0.618 @ 293 $.
In contrast S&P 500 and NASADAQ100 are making new ATH and holding on to the gains. So, we might see NASDAQ:TSLA underperforming the NASDAQ:QQQ over the next few weeks. But long NASDAQ:TSLA when it reaches 200-Day SMA.
TESLA PRICE ACTION 6TH FEB 2025This is the price action of TESLA at its very best & exclusively for viewers on trading view.
I have discussed in depth price action of TESLA and if you have any doubts feel free to leave a message or your comments below.
Get Ready to buy Tesla Buy Tesla in $310 - $290 buy zone . Sell $420 area Stop below $250 Using Elliot Wave, Murrey Math, Kumar wave . Good Luck!
Looking for another bounce...Head and shoulders pattern has completed, now I'm looking for another bounce at or near $422, which should cause the Bollinger to squeeze before the next big move.
TSLA: RL and SL converge: Buy ideaOn TSLA, we can see on the graph that the resistance line and the support line converge. This means that we should expect a high probability of the market going higher.
Short tesla Weakness... plummeting EU sales... Elons Dream of autonomous driving and optimus sales are not right behind the corner...
W Formation on Tesla for the LONG run 110% upside to comeTesla is showing all signs of upside this year.
They are putting their money in the right places.
Advancements in Autonomous Vehicles: Tesla plans to launch self-driving robotaxi services in Austin by mid-2025, signaling significant progress in autonomous technology.
INVESTORS.COM
Innovations in Robotics: The company is ramping up production of its Optimus humanoid robots, aiming to produce several thousand by the end of 2025, showcasing its commitment to cutting-edge robotics.
Strategic Political Alliances: CEO Elon Musk's close relationship with President Donald Trump has led investors to anticipate favorable regulatory changes and reduced government oversight, potentially benefiting Tesla's operations.
So innovation, robotics and politics. Either we will see huge growth this year, or we are in for a BIG surprise. However, because this is a weekly chart it can take two years for this to play out realistically.
W Formation
Price>20 and 200
Current falling Wedge
Target $684.41
Tesla: The New Gold in the World of Investing?Tesla is showing incredible growth at the level of Bitcoin and reminds me a lot of the structure of the leading cryptocurrency! Given the potential of Ilon Musk's company and his imminent tenure, we should not rule out “golden” times for his companies. Tesla has a great track record of building robots, developing super capacitors for its electric cars, and developing its own AI and its application in autopilot. Tesla looks like a great investment option right now, both long term and for a couple years.
Horban Brothers.
$TSLA - Fibonacci Channel GP support AGAINYet another perfect touch and support on the Fib Channel Golden Pocket.🔍🔎
There are other technicals here also but not quite as well respected.
TSLA potential hold around 375-378Probably see a liquidity sweep below 375 and rally on TSLA.
360 is a strong support below as well - from previous base break level from Nov 2024.
Tesla High Risk of $255Tesla is Stuck under $430 ATH resistance and at high risk of falling back to $255 support.
Tesla is no longer growing and Musk is polarizing and alienating their mostly progressive leaning customer base. This stock simply makes zero sense for a 200 pe ratio.
TSLA: Buy ideaBuy idea on TSLA as you can see on the chart if only if we have the breakout with force the vwap and the resistance line by the buyers.
