Tesla (TSLA) Stock Outlook - K Karthik Raja Stock Market Training Chennai - 28.02.2025
Tesla (TSLA) Stock Outlook - K Karthik Raja Stock Market Training Chennai - 28.02.2025
%20Stock%20Outlook%20%20%20-%20K%20Karthik%20Raja%20Stock%20Market%20Training%20Chennai%20-%2028.02.2025.jpeg "Tesla (TSLA) Stock Outlook - K Karthik Raja Stock Market Training Chennai - 28.02.2025")
Tesla (TSLA) Stock Outlook - K Karthik Raja Stock Market Training Chennai - 28.02.2025
Upcoming Events (Fundamental Triggers)
Observations & Trend Confirmation Indicators
Final Takeaway
Breakout Strategy (Bullish)
Breakdown Strategy (Bearish)
Tesla (TSLA) Stock Outlook - 28.02.2025 IST 12.00 PM
* TSLA has been in a downtrend after peaking above $400.
* The price has fallen below key moving averages (50 EMA, 150 MA, and 200 EMA), indicating bearish momentum.
* There is a support zone around $280-$290, which is currently being tested.
Dow Theory Application
* Previous uptrend: TSLA had an uptrend from mid-2023 to early 2024.
* Lower highs & lower lows: A bearish structure has formed, confirming a downtrend.
* Major support levels: If $280 breaks, further downside may be seen toward $250-$260.
Moving Averages Insights
* 50 EMA ($362) is far above the current price, indicating strong downward pressure.
* 200 EMA ($302) and 150 MA ($303) have been broken, confirming bearish sentiment.
* If the price stays below these levels, further decline is expected.
Upcoming Events (Fundamental Triggers)
* Tesla’s earnings report or macro news related to EVs may impact price.
* Watch for Federal Reserve rate decisions that can influence tech stocks.
Observations & Trend Confirmation Indicators
* RSI (14) at 25.18 – Deeply oversold, suggesting a possible bounce.
* ADX at 25.15 – Moderate trend strength; not extremely strong.
* MACD is deeply negative – Bearish momentum continues.
Final Takeaway
* Trend remains bearish as long as TSLA is below $302-$303.
* A bounce is possible due to oversold RSI, but the overall trend favors breakdowns.
* A confirmed reversal would require price reclaiming $303-$310 zone with volume.
Breakout Strategy (Bullish)
* Entry Above: $305-$310 (closing basis)
* Target: $340-$360 | Stop Loss: Below $290
Breakdown Strategy (Bearish)
Entry Below: $280 (confirmation needed)
Target: $250-$260 | Stop Loss: Above $300
Online Stock Market Traning : Whatsapp : 9841986753
One to One Share Market Training : Whatsapp : 9841986753
RUPEEDESK SHARES
Rupeedesk Shares| Share Market Training | Intraday Training | Wealth creation
Stock Market Training for beginners,Technical Analysis on Equity,Commodity,Forex Market,Learn Indian Equity Share Market Share Market Trading Basics: Fundamentals Of Share Market Trading training, Stock Market Basics - Share Market Trading Basics,Share Market Trading Questions/Answers/Faq about Share Market derivatives,rupeedesk,learn and earn share Equity,Commodity and currency market traded in NSE,MCX,NCDEX And MCXSX- Rupeedesk.Contact: 9094047040/9841986753/ 044-24333577, www.rupeedesk.in)
No comments:
Post a Comment