Introduction: Why Key Price Levels Matter
Rather than providing specific trade recommendations, this report serves as a decision support tool, helping traders map the market and identify potential trade zones, inflection points, and liquidity areas.
Key Tesla (TSLA) Price Levels & Market Notes
February 2025 Low: $273.60July 2024 High: $273.60 (Coincides with February’s low, reinforcing strong support)October 2024 High: $273.54 (Another confluence, strengthening the $273 zone)Key Support Level: $273-$274 → A significant support area that has historically held price. If this breaks, watch the downside targets.2024 Open Price: $250.08 → If $273 breaks, this level becomes important.
If Tesla continues declining, here’s how deeper levels align:
January 2024 Close: $187.29 → A much lower level that could become relevant if Tesla enters a prolonged downtrend over several months.If Tesla bounces from $273, these are potential retracement targets to watch:
$299.80 → Value Area Low (VAL) from Feb 25 (Sellers may take partial profits here)$300.00 → Psychological Round Number (Always an area to monitor for reaction)$302.60 → Point of Control (POC) from Feb 25 (A strong liquidity zone)$307.82 → Value Area High (VAH) from Feb 5 (Potential resistance)$325.00 → February 11th Value Area Low$326.50 → February 24th Value Area Low$329.61 → February 11th Point of Control
Finally, if price sees an extended move upward, the $337.50 area is a critical level where multiple factors align, making it a zone where traders should consider partial profit-taking if they are long.
1. Volume Profile & Key Market Levels
Volume Profile → Identifies where the most trading volume occurred, marking high-activity price zones that often act as support or resistance.Point of Control (POC) → The price level with the highest traded volume during a specific session or period. Often serves as a magnet for price action.Value Area High (VAH) & Value Area Low (VAL) → Boundaries where 70% of volume occurred, acting as dynamic support and resistance zones.VWAP (Volume Weighted Average Price) → Used by institutions to track the fair value of price.VWAP Standard Deviations → Act as dynamic support & resistance levels, expanding in volatile markets and contracting in stable periods.
These tools allow traders to avoid trading blindly by focusing on real market participation data rather than subjective price points.
1. Precision & Decision Support
Instead of chasing price, traders can use these levels to anticipate potential reversals, consolidations, or breakout points.Traders can define partial profit-taking zones rather than holding full positions blindly.Price often sees higher volume and institutional activity at these levels, leading to more predictable reactions.These levels are not trade signals, but zones where traders should expect market engagement.
3. Avoiding FOMO & Overtrading
Many traders chase price or enter impulsively. Mapping key levels helps traders: Plan entries & exits strategicallyTrade alongside institutional order flow, not against itSupport Zones (Potential Buy-the-Dip Areas)
$273-$274 → Strong historical support from February’s low, July’s high, and October’s high.$250.08 → 2024 Open Price (Potential next support if $273 breaks)$187.29 → January 2024 Close (Longer-term support level if price declines significantly)$299.80 - $300.00 → Value Area Low & Round Number Resistance$302.60 → Point of Control (High Liquidity Zone)$307.82 → Value Area High (Potential Rejection Zone)$325-$330 → Cluster of value areas and point of control levels$337.50 → Key confluence zone for potential profit-taking or short setups
Critical Inflection Points
Break of $273 Support → Increases probability of testing $250Break above $302.60 POC → Could fuel a push toward $307-$325Break above $337.50 → Signals strong momentum continuationObserve Price Action at These Levels → Do not trade blindly. Wait for confirmation signals like volume spikes, order flow shifts, or candle formations.Market Conditions Matter → If volume supports a move, levels become more valid. If volume is low, expect choppier price action.Partial Profit-Taking Approach → Instead of trying to time the exact high or low, consider exiting near these key levels.Day Traders vs. Investors → These levels are short-term focused, meaning longer-term investors should use additional levels not covered here.
Keep Some of This Tesla Stock Price Action Guide in Mind!
If you found this approach useful, comment below. You may even consider requesting key levels for other S&P 500 or Nasdaq 100 stocks.
Trade at Your Own Risk
This report is for informational purposes only and is not financial advice. Always conduct your own research and trade according to your strategy, risk tolerance, and financial objectives.
This article was written by Itai Levitan at www.forexlive.com. Read More Details
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