$Tesla Motors(TSLA)$ Chart Ana-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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$Tesla Motors(TSLA)$

Chart Analysis

Based on the technical indicators mentioned:

Bearish Indicators:

The stock is trading below both its 50-day and 200-day moving averages.

The MACD is negative, indicating bearish momentum.

RSI is approaching oversold levels, which can sometimes signal a potential rebound.

Bullish Indicators:

The RSI nearing 30 could indicate that the stock is oversold, potentially leading to a short-term bounce.

The stock has a support level around $175, which could provide a buying opportunity if it holds.

Conclusion

The technical analysis suggests that Tesla (TSLA) is currently in a bearish trend, with the stock trading below its major moving averages and negative MACD. However, the RSI is nearing oversold levels, which could indicate a potential rebound if the stock finds support around $175. For Tesla to reach $200 by Friday, it would need a significant bullish catalyst or a strong market rally.

For traders:

Bullish Scenario: If you believe a positive catalyst is imminent, consider entering near the support level of $175 with a stop loss slightly below.

Bearish Scenario: If you expect continued downward pressure, watch for a break below $175, which could lead to further declines.

For long-term investors, maintaining a "Hold" position aligns with the current analyst consensus, while keeping an eye on fundamental developments and broader market trends.

Modify on 2024-06-18 22:16

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.

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Pluto891
·06-19
wow.. like your analysis on the likely orice movement. But disagree with the long term hold ... this stock is too ex with irrational shareholders... :)
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JudyFrederick
·06-18
Possible
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Drdeedee
·06-19
Meme coin
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However, the RSI is nearing oversold levels, which could indicate a potential rebound if the stock finds support around $175. For Tesla to reach $200 by Friday, it would need a significant bullish catalyst or a strong market rally.</p>\n<p>For traders:</p>\n<p>Bullish Scenario: If you believe a positive catalyst is imminent, consider entering near the support level of $175 with a stop loss slightly below.</p>\n<p>Bearish Scenario: If you expect continued downward pressure, watch for a break below $175, which could lead to further declines.</p>\n<p>For long-term investors, maintaining a \"Hold\" position aligns with the current analyst consensus, while keeping an eye on fundamental developments and broader market trends.</p></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;\n<p></p>\n<p>Chart Analysis</p>\n<p></p>\n<p>Based on the technical indicators mentioned:</p>\n<p>Bearish Indicators:</p>\n<p>The stock is trading below both its 50-day and 200-day moving averages.</p>\n<p>The MACD is negative, indicating bearish momentum.</p>\n<p>RSI is approaching oversold levels, which can sometimes signal a potential rebound.</p>\n<p>Bullish Indicators:</p>\n<p>The RSI nearing 30 could indicate that the stock is oversold, potentially leading to a short-term bounce.</p>\n<p>The stock has a support level around $175, which could provide a buying opportunity if it holds.</p>\n<p>Conclusion</p>\n<p>The technical analysis suggests that Tesla (TSLA) is currently in a bearish trend, with the stock trading below its major moving averages and negative MACD. However, the RSI is nearing oversold levels, which could indicate a potential rebound if the stock finds support around $175. For Tesla to reach $200 by Friday, it would need a significant bullish catalyst or a strong market rally.</p>\n<p>For traders:</p>\n<p>Bullish Scenario: If you believe a positive catalyst is imminent, consider entering near the support level of $175 with a stop loss slightly below.</p>\n<p>Bearish Scenario: If you expect continued downward pressure, watch for a break below $175, which could lead to further declines.</p>\n<p>For long-term investors, maintaining a \"Hold\" position aligns with the current analyst consensus, while keeping an eye on fundamental developments and broader market trends.</p></body></html>","text":"$Tesla Motors(TSLA)$ Chart Analysis Based on the technical indicators mentioned: Bearish Indicators: The stock is trading below both its 50-day and 200-day moving averages. The MACD is negative, indicating bearish momentum. RSI is approaching oversold levels, which can sometimes signal a potential rebound. Bullish Indicators: The RSI nearing 30 could indicate that the stock is oversold, potentially leading to a short-term bounce. The stock has a support level around $175, which could provide a buying opportunity if it holds. Conclusion The technical analysis suggests that Tesla (TSLA) is currently in a bearish trend, with the stock trading below its major moving averages and negative MACD. However, the RSI is nearing oversold levels, which could indicate a potential rebound if the stock finds support around $175. For Tesla to reach $200 by Friday, it would need a significant bullish catalyst or a strong market rally. For traders: Bullish Scenario: If you believe a positive catalyst is imminent, consider entering near the support level of $175 with a stop loss slightly below. Bearish Scenario: If you expect continued downward pressure, watch for a break below $175, which could lead to further declines. For long-term investors, maintaining a \"Hold\" position aligns with the current analyst consensus, while keeping an eye on fundamental developments and broader market trends.","highlighted":1,"essential":1,"paper":1,"likeSize":61,"commentSize":3,"repostSize":5,"favoriteSize":0,"link":"https://ttm.financial/post/317859932180656","repostId":0,"isVote":1,"tweetType":1,"viewCount":736,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TSLA"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":1181,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":318259132170256,"commentId":"318259132170256","gmtCreate":1718728349331,"gmtModify":1718728354207,"authorId":3581937910767045,"author":{"id":3581937910767045,"idStr":"3581937910767045","authorId":3581937910767045,"name":"Pluto891","avatar":"https://static.tigerbbs.com/c9963f2ef3d3ad2aff28340461d3d6d0","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":317859932180656,"objectIdStr":"317859932180656","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"wow.. like your analysis on the likely orice movement.&nbsp; But disagree with the long term hold ... this stock is too ex with irrational shareholders... :)","text":"wow.. like your analysis on the likely orice movement.&nbsp; But disagree with the long term hold ... this stock is too ex with irrational shareholders... :)","html":"wow.. like your analysis on the likely orice movement.&nbsp; But disagree with the long term hold ... this stock is too ex with irrational shareholders... :)","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":318200985067536,"commentId":"318200985067536","gmtCreate":1718714153256,"gmtModify":1718764582254,"authorId":9000000000000528,"author":{"id":9000000000000528,"idStr":"9000000000000528","authorId":9000000000000528,"name":"JudyFrederick","avatar":"https://static.tigerbbs.com/f2f16969c066c927390c828865b22d18","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":317859932180656,"objectIdStr":"317859932180656","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Possible","text":"Possible","html":"Possible","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":318219576373320,"commentId":"318219576373320","gmtCreate":1718728812772,"gmtModify":1718728818794,"authorId":3555464180683636,"author":{"id":3555464180683636,"idStr":"3555464180683636","authorId":3555464180683636,"name":"Drdeedee","avatar":"https://community-static.tradeup.com/news/929c007353ce456aab3301f6bef1b67f","vip":1,"currentWearingBadge":{"badgeId":"f00de38e20574ad1abf55a15966547c8-3","templateUuid":"f00de38e20574ad1abf55a15966547c8","name":"Average winning trade","description":"Top 20%","bigImgUrl":"https://community-static.tradeup.com/news/a1941f6be974173f1730be2ac51aabb7","smallImgUrl":"https://community-static.tradeup.com/news/df2d04ef8434cb0d3a8571ada46fffd0","grayImgUrl":"https://community-static.tradeup.com/news/b231d6c35e6f28d4132f36c047c50ea0","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.08.29","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":5200},"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":317859932180656,"objectIdStr":"317859932180656","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Meme coin ","text":"Meme coin ","html":"Meme coin ","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}