TSLA 6/28/2024
Based on the 4-hour chart for TSLA (Tesla, Inc.), here's a detailed technical analysis for Friday, June 28.
Trend Analysis:
The chart shows a recent uptrend with higher highs and higher lows.
The price is above the 50-period moving average, which supports the bullish trend.
Support Levels:
$196.00: Near the current price and recent support level.
$192.00: A strong support level below the current price.
$176.00: Another significant support level.
Resistance Levels:
$197.70: Immediate resistance as indicated by the volume profile.
$198.72: Recent high and key resistance.
$200.00: Psychological resistance level.
Indicators:
MACD: The MACD is showing a bullish signal, with the MACD line above the signal line.
Volume Profile: Shows high trading activity around $197.70, indicating a strong resistance zone.
Detailed Price Action Analysis
Price Action:
The price is consolidating around the $197.70 resistance level.
There is a clear uptrend line supporting the price action.
Volume is relatively high, indicating strong interest and participation around the current price level.
Strategy for Friday, June 28 Long-Term Trade
Entry Point:
Consider entering a long position if the price breaks and holds above $198.72 with strong volume.
Alternatively, enter on a pullback to the $196.00 support level if the price shows signs of a bounce.
Exit Point:
Target the $200.00 level for taking partial profits.
If the bullish momentum continues, aim for higher levels around $202.00-$204.00.
Set a stop-loss below the $196.00 support level to manage risk.
Scalping Strategy
Entry Point:
Look for a quick entry if the price breaks above $197.70 with strong volume confirmation.
Consider entering near the $196.00 support level if there is a strong bounce with confirming volume.
Exit Point:
For quick scalps, aim to exit near the $198.50 to $199.00 range.
Set tight stop-losses below the $196.00 level to minimize losses.
Summary of Key Levels
Support Levels:
$196.00
$192.00
$176.00
Resistance Levels:
$197.70
$198.72
$200.00
Price Actions in Detail
The recent uptrend and higher highs suggest a bullish sentiment.
The consolidation around $197.70 indicates a potential breakout or pullback zone.
Monitor the volume closely as a breakout above $198.72 with strong volume could signal a strong upward move.
Trend Analysis:
The chart shows a recent uptrend with higher highs and higher lows.
The price is above the 50-period moving average, which supports the bullish trend.
Support Levels:
$196.00: Near the current price and recent support level.
$192.00: A strong support level below the current price.
$176.00: Another significant support level.
Resistance Levels:
$197.70: Immediate resistance as indicated by the volume profile.
$198.72: Recent high and key resistance.
$200.00: Psychological resistance level.
Indicators:
MACD: The MACD is showing a bullish signal, with the MACD line above the signal line.
Volume Profile: Shows high trading activity around $197.70, indicating a strong resistance zone.
Detailed Price Action Analysis
Price Action:
The price is consolidating around the $197.70 resistance level.
There is a clear uptrend line supporting the price action.
Volume is relatively high, indicating strong interest and participation around the current price level.
Strategy for Friday, June 28 Long-Term Trade
Entry Point:
Consider entering a long position if the price breaks and holds above $198.72 with strong volume.
Alternatively, enter on a pullback to the $196.00 support level if the price shows signs of a bounce.
Exit Point:
Target the $200.00 level for taking partial profits.
If the bullish momentum continues, aim for higher levels around $202.00-$204.00.
Set a stop-loss below the $196.00 support level to manage risk.
Scalping Strategy
Entry Point:
Look for a quick entry if the price breaks above $197.70 with strong volume confirmation.
Consider entering near the $196.00 support level if there is a strong bounce with confirming volume.
Exit Point:
For quick scalps, aim to exit near the $198.50 to $199.00 range.
Set tight stop-losses below the $196.00 level to minimize losses.
Summary of Key Levels
Support Levels:
$196.00
$192.00
$176.00
Resistance Levels:
$197.70
$198.72
$200.00
Price Actions in Detail
The recent uptrend and higher highs suggest a bullish sentiment.
The consolidation around $197.70 indicates a potential breakout or pullback zone.
Monitor the volume closely as a breakout above $198.72 with strong volume could signal a strong upward move.
Nota
We hit the first target @202Dagangan ditutup: sasaran tercapai
Closed: Target hit
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.