Hello traders and investors! So, it seems the famous Battery Day was already priced after all. Now Tesla is dropping sharply, and this happens very often after hyped news in the stock market. I always orient my group to not buy anything solely on news. It could work very well, yes, but sometimes it doesn’t. We always must stick with the technique , and in the...
Hello traders and investors! Battery Day is here , and so far, Tesla is doing nothing impressive. In fact, the bull trend just got weaker after it lost its purple trend line in the hourly chart. But maybe today’s event will bring something new! The situation still didn’t change, and we have two important points to keep in mind, which are these two red lines ....
Tesla, where anything goes and volatility is crazy. Battery day will be an interesting battle ground. A key bounce of the 50 day moving average has kept hope alive for tesla bulls. The massive sell off could spark a snowball sell off into the a.m., on the other hand the sell off landed at a key support level. This keeps it in a bullish overall trend, but it is at...
NIO is once again forming a massive flag that has a cup and handle inside it. A break out of the cup and handle should push NIO to about $23. Above the flag we could see $25-$26, and if we get really stupid, I anticipate a potential stupid run to $30. TSLA is having its battery day that everyone is anticipating to be insane. This will affect the entire EV market...