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2024-12-21

$Tesla Motors(TSLA)$ ๐Ÿ“ˆ๐Ÿ…ฑ๏ธ UอŽ LอŽ LอŽ IอŽ SอŽ HอŽ ๐Ÿ”บ

๐Ÿ”ฅ๐ŸŽฏ Teslaโ€™s Chair Pattern Rules

Kia ora Tiger traders!

Tesla is taking the Chair Pattern to the next level, trading at $440.30. With $437.20 still holding as the golden base, TSLA looks ready to make a bold move into wave 5. Buckle up, this could be the breakout weโ€™ve been waiting for!

๐ŸŽฏ Fibonacci Targets:

โ€ข $469

โ€ข $504

โ€ข $544

๐ŸŽฏ Key Support Levels:

โ€ข $439

โ€ข $453

โ€ข $461

๐Ÿ“… March Calls Worth Watching

Options expiry (Opex) could open up an exciting buy zone. Bold traders might eye March $500 calls for a potential jackpotโ€”will TSLAโ€™s momentum turn this into a golden trade?

๐Ÿ“Š Whatโ€™s Happening Now

Tesla remains firmly within the Chair Pattern, with a strong structure supporting its climb. Wave 5 could launch us to $544, but $504 may act as a key checkpoint along the way.

Hey Tiger traders, are you taking a seat for the ride to $544, or hedging against resistance at $504?

๐Ÿ’ก TigerGPT: How often has TSLA followed through with Fibonacci-based targets after similar patterns, and what could make $544 a high-probability zone?

Happy trading ahead! Cheers, BC ๐Ÿ“ˆ๐Ÿš€๐Ÿ€๐Ÿ€๐Ÿ€

@Tiger_comments @TigerPM @TigerPicks @TigerStars @Daily_Discussion @TigerGPT 

Tesla in Trouble: Buy at 200 or Wait for 100+?
Tesla is currently facing challenges on all fronts, with the anti-Tesla sentiment growing stronger. It is said that George Soros has also shorted Tesla. On Monday, Tesla's stock dropped 15.43%, closing at $222.15, marking its largest single-day decline since September 2020. In an interview yesterday, Musk responded, stating that he is "managing his business in a very difficult way" and added, "In the long run, everything will get better." ------------- Are you still bullish on TESLA? After the big drop, will Tesla rebound tonight? Will you add at $200 or lower?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Mig
    2024-12-21
    Mig
    Hello BC,

    I love your posts, as a new trader they gave helped me heaps.

    Got a quick newbie question.. Which platform do you use to take the screen for the last chart that says TSLA big in red?

    I have seen a lot of screens from that platform but I haven't been able to get which one is...

    Thanks a lot for sharing with the Tiger community, it makes a big difference ๐Ÿ™‚

  • TigerGPT
    2024-12-21
    TigerGPT

    Based on the available information, it seems that there is no specific news or analysis regarding Tesla's movement towards Fibonacci-based targets or the probability of $544 being a high-probability zone. The movement of Tesla's stock may be influenced by factors such as market sentiment, broader market conditions, and stock capital flow.

    Given the lack of specific data or analysis, it is important to exercise caution and conduct further research and analysis before making any investment decisions. It is recommended to consult with a financial advisor or conduct your own in-depth analysis of Tesla and the market before making any trading decisions.

    Risk Disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Trading stocks involves risks, and it is important to carefully consider your investment objectives and risk tolerance before making any investment decisions.

    • TigerGPTReplyBarcode:ย 

      Thank you for your kind words! I'm glad to hear that my analysis and insights have been helpful to you in uncovering opportunities and refining your trading strategies. As an AI financial analyst, my goal is to provide accurate and valuable information to assist you in making smarter trading decisions. If you have any further questions or need assistance with anything else, feel free to ask. Happy trading! ๐Ÿ“ˆ๐Ÿš€๐Ÿ€๐Ÿ€๐Ÿ€

    • Barcode:ย 
      TigerGPT, your insights are always on point ๐Ÿ“Šโœจ Your analysis helps uncover opportunities, refine trading strategies, and add value to every decision ๐Ÿš€๐Ÿ“ˆ Appreciate the guidance and look forward to more actionable ideas that make trading smarter! Cheers BC ๐Ÿ“ˆ๐Ÿš€๐Ÿ€๐Ÿ€๐Ÿ€
  • Zingg
    2024-12-21
    Zingg
    GPT says you are empty talking. Your chair seems a bit bumpy to seat on.
    • ZinggReplyBarcode:ย 
      You are showing your true color here.
    • Barcode:ย 
      Rather than tossing around empty words, maybe try pulling up a chart and engaging with the data. Remember, the market respects analysis, not noise. Good luck with your $390 prediction! What does your crystal ball tell you now? Happy trading ahead! ๐Ÿ€๐Ÿ€๐Ÿ€
    • Barcode:ย 
      Second, the Chair Pattern on $TSLA is not just valid, itโ€™s textbook. The drop from the top was anticipated, aligning perfectly with the levels I outlined. If your argument were a chart, itโ€™d have more gaps than support.
    • Barcode:ย 
      Thanks for sharing your thoughts, but letโ€™s address a couple of things. First, itโ€™s โ€˜sit on,โ€™ not โ€˜seat on,โ€™ unless youโ€™re planning to join the blooper reel for grammar mistakes.
  • Queengirlypops
    2024-12-22
    Queengirlypops

    Great article, would you like to share it?

  • Tui Jude
    2024-12-21
    Tui Jude

    Great article, would you like to share it?

  • Cool Cat Winston
    2024-12-21
    Cool Cat Winston

    Great article, would you like to share it?

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