Tesla 2-17 (scalping + forecast)
🔥 Market Overview:
Trend: Tesla (TSLA) has been in a downtrend but is showing signs of short-term recovery. The price is testing a key resistance zone.
Key Levels:
Resistance: $376 (major resistance zone, EMA 200).
Support: $340–$343 (Supertrend and local support).
Indicators:
EMA 9: $352.98 (price hovering around this level, signaling indecision).
EMA 200: $381.27 (major resistance, potential bearish pressure).
Supertrend: $340.83 (acting as a mid-term support zone).
MACD: Weak bullish crossover, but still recovering from oversold conditions.
RSI: 55.87 (neutral, with room for upside but not yet overbought).
🔥 Scalping Strategy:
🩸 1. Momentum Scalping:
Buy near: $350–$352 if momentum continues.
Target: $360–$365.
Stop-loss below: $343 to limit downside risk.
🩸 2. Breakout Scalping:
Long if price breaks above: $360, targeting $376.
Short if price rejects $360, targeting $350.
🩸 3. Range Scalping:
Sell near: $360–$365 resistance.
Target: $350–$343.
Stop-loss: $366 if breakout occurs.
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If TSLA breaks $360, it could rally toward $376.
A rejection at $360 would push the price back toward $343.
MACD and RSI suggest cautious optimism, but major resistance remains overhead.
🔥 News & Market Context:
EV Market Pressure: Tesla faces increasing competition in the EV sector.
Macroeconomic Factors: Rate decisions and economic data could impact tech stocks.
Earnings Impact: Previous earnings created volatility; traders should watch for new catalysts.
🔥 Decision:
🩸 Short-term: Look for a breakout above $360 or a rejection for shorting opportunities.
🩸 Mid-term: Slightly bullish, but major resistance at $376 must be cleared.
🩸 Ideal Play: Enter long on strength above $360, or short if price struggles at resistance.
👑 Final Verdict: Tesla is in a recovery phase but faces strong resistance. Bulls need to clear $360 to confirm a move toward $376. Traders should watch for volume confirmation before committing.
🔥 LucanInvestor's Quote: "The market tests your patience before rewarding conviction."
Trend: Tesla (TSLA) has been in a downtrend but is showing signs of short-term recovery. The price is testing a key resistance zone.
Key Levels:
Resistance: $376 (major resistance zone, EMA 200).
Support: $340–$343 (Supertrend and local support).
Indicators:
EMA 9: $352.98 (price hovering around this level, signaling indecision).
EMA 200: $381.27 (major resistance, potential bearish pressure).
Supertrend: $340.83 (acting as a mid-term support zone).
MACD: Weak bullish crossover, but still recovering from oversold conditions.
RSI: 55.87 (neutral, with room for upside but not yet overbought).
🔥 Scalping Strategy:
🩸 1. Momentum Scalping:
Buy near: $350–$352 if momentum continues.
Target: $360–$365.
Stop-loss below: $343 to limit downside risk.
🩸 2. Breakout Scalping:
Long if price breaks above: $360, targeting $376.
Short if price rejects $360, targeting $350.
🩸 3. Range Scalping:
Sell near: $360–$365 resistance.
Target: $350–$343.
Stop-loss: $366 if breakout occurs.
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If TSLA breaks $360, it could rally toward $376.
A rejection at $360 would push the price back toward $343.
MACD and RSI suggest cautious optimism, but major resistance remains overhead.
🔥 News & Market Context:
EV Market Pressure: Tesla faces increasing competition in the EV sector.
Macroeconomic Factors: Rate decisions and economic data could impact tech stocks.
Earnings Impact: Previous earnings created volatility; traders should watch for new catalysts.
🔥 Decision:
🩸 Short-term: Look for a breakout above $360 or a rejection for shorting opportunities.
🩸 Mid-term: Slightly bullish, but major resistance at $376 must be cleared.
🩸 Ideal Play: Enter long on strength above $360, or short if price struggles at resistance.
👑 Final Verdict: Tesla is in a recovery phase but faces strong resistance. Bulls need to clear $360 to confirm a move toward $376. Traders should watch for volume confirmation before committing.
🔥 LucanInvestor's Quote: "The market tests your patience before rewarding conviction."
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.