timwest

Tesla Motors TSLA Daily Forecast for the next quarter = UP

Long
NASDAQ:TSLA   Tesla
14
This is my brainstorm for Tesla. It shows quite a few concepts on it at once.

1. Earnings support and resistance
2. Mode to Mode projections to the next mode. See the red arrows.
3. The speed support zones are untouched from the previous chart I posted here (link below)
4. Time at Mode shows how the shares react nicely with these concepts.
5. Earnings are out in 12 days and could easily destroy my projection but I'm willing to stick my neck out a little as I saw plenty of Tesla's on the snowy roads this winter. Those cars have incredible slick weather traction.
6. Note how the market reacts around MODES. The biggest modes are the most important. Subscribe to VOLUME AT A PRICE to get this information easily on your charts. I call this "TIME AT PRICE" but it is very similar.
7. There is an uptrend in place because we have not had a new low in over 5-days and it is also above/at the mode since the low.

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