TSLA: Possible scenarios and complete weekly analysis.Hello traders and investors! Let’s see how Tesla is behaving today! And since it is Friday, we'll do a complete Multi Time Frame Analysis on it.
First, we may have something new on it: Tesla triggered a pivot point at $ 398. Now, Tesla hit its resistance at $ 408 as we thought it would in my previous analysis, and now it is struggling around this point, which is a natural movement for the stock.
The 21 ema is flat, which indicates some indecision about the trend, but the situation is still quite dangerous for the stock. If it trades again under the $ 398 the market may understand this movement as a false breakout , or even worse: A Dead Cat Bounce.
Let’s take a look at the daily chart for more insights:
The sign is not the greatest, as the resistances are holding the price very well, and yesterday’s candlestick pattern was not a proper Piercing Line pattern , as it left an annoying shadow above its body.
It could just retest again the $ 359 region, but the signal will be given first in the hourly chart, if it trades under $ 398 again, by doing a false breakout from a pivot point.
As we also discussed in my previous analysis, if Tesla loses the $ 359, it will seek further supports, like the $ 329.
Now, let’s finish our studies by looking at the weekly chart:
There’s nothing surprising going on here, but if the weekly chart says something to us, is that Tesla could drop more, at least to hit the 21 ema, and this wouldn’t ruin the long-term bull trend!
But again, it must lose the $ 359, which is probably the most important point for Tesla right now.
Tesla will only enter in bull territory again if it trades above $ 408. Then the reaction will be better, and it may have strength to hit the All Time High at $ 502 again.
Now, if you liked this analysis, please, support it ! And follow me to keep in touch with my ideas. Every day I share a few thoughts here, and you may find something helpful around.
My best regards.
Have a great weekend.
Dead
The adventures of Wirecard CEO, Bulls, and regulatorsAh, cheap and great investment Wirecard just made a new low.
Now is a perfect time to tell their story.
Massive hordes of "investors" blindly piled on this hyped ponzi based on lies.
And then they laughed at the bears and said they were mad they missed out.
And then the CEO went to jail and it went to zero.
The end.
Thank you for playing.
They say investing should be boring. So wrong. This makes it all worth it.
It is amazing how many independant or amateur investors have been buying and are still interested in buying.
It's always the same with lunatics that think bears are some illuminati or flat earth group making conspiracy theories to drop the price of a perfectly legit company.
Here is one comment that aged well:
Sep 5, 2019
"The #Wirecard $WID bears are doomed! Finally, justice after so many lies."
Entire timeline here:
www.ft.com
Crazy story xd
www.fudzilla.com
Remember the dead stock bounce strategy?
O Pulo do Gato MortoMotivos para aceditar que estamos apenas vendo um "pulo do gato morto":
1) Atingimos a retração de 0,618 de toda a queda;
2) Atingimos o alvo de 100% do pivo de alta que se formou na reversão;
3) O alvo atingido está no mesmo nível da mm200 que é uma média bem forte; Além do preço atual ter atingido o alvo dos tópicos anteriores, deixamos um martelo invertido no alvo.
Todos os itens listados são baseados em Analise Técnica. Falando de uma maneira fundamentalista, o que vemos foi uma subida baseada na injeção de trilhões de dolares de todos os bancos centrais criando um descolamento muito grande da realidade. As empresas estão com números cada vez piores devido a crise do Covid. Uma hora o mercado vai abrir o olho para essa realidade....
SP500 futures ( $SPX $SP500 1D) sell in May ?
I been following the bounce peacefully these past weeks.
But now something is up.
A head and shoulders pattern form on the 4h and It is on the verge of completion.
If true it may be the beginning of a correction.
Target (2636)
Stop loss if the price goes back above the right shoulder (2942).
We can see impulsive waves on the way down meaning that the primary move is downward.
Quite the simple trade.
As time goes by, I will keep you updated on the evolution of the asset price, so make sure to follow me on Tradingview
If you have any questions or requests, fell free to ask.
@Djio_
Disclaimer : This is not financial advice as I am not a financial adviser.
This is just my knowledge on what can be said and done from the chart.
Due to the volatile nature of the market, everything can change on a day to day basis.
Everyone is wise to manage their risk properly when considering any trading decision or activities.
PS: I cannot emphasize enough the risk associated with the activity of trading due to the imaginary nature of all paper contracts, the reason why I prefer mainly trading cryptocurrencies instead of more “traditional” assets. On the other end without total systemic collapse it can quickly become a good trade opportunity.
SPX DIVERGENCE W/ RSI 1 HRNotice a lower high and a divergence on the SPX hourly chart. I've been watching the RSI for a while now and have noticed this pattern forming for weeks.
Watch for another touch of the upper resistance on the RSI trend line and then back down making a new low.
Should see 2720 for a bounce.
SPX500 - Will this be the top of the Dead Cat Bounce?Looking at the SPX500 Futures:
1. Looks like we could be at the top of a Dead Cat Bounce
2. If this is not the top, a potential tap off the 200 EMA would be where I would expect it to dump
Fundamentally due to covid and the world being under house arrest, I would not expect markets to continue to rally and I am bearish as you can be on a Macro Level.
Technically this is presenting a great short opportunity on open. I will go in with 50% of my position around where we are when we open, the other 50% I will add at the 200EMA and set a stop above it with room for a wick just in case.
Trade, Chart, Learn, Repeat
Coach K
Short BEL 20 indexAs seen there is a historical low resistance level @3123.7, and a fibonacci ratio of 0.382 @3091.265
I've tried to draw the small bullish trendline which will be colliding with these very soon.
This might indicate an end of this short term increase and a fallback to the bearish trend known as the CoVid19 crash or atleast a long term battle trying to break through this heavy resistance level.
M: Macys worth a gamble?Not encourging anyone to jump on a stock that has had a continuous bear trend even through the greatest US market run in history, but it may be worth a gamble here. If it can recover (as it has in the past) the gains could be fairly absurd. As you can see, buying in now and then achieving its previous high will be almost a 600% gain. Again, not encouraging anyone to buy something that has been on a downward spiral since 2015. :)
Inverted Dead Cat BounceAnalysis on BTCUSD with the pattern Inverted Dead Cat Bounce, that happens after a Dead Cat Bounce. Price rises more than 15% in one day after a downtrend, showing a 4 weeks possible scenario. At the end of this period, there would have some opportunities to buy again. Sell on the 1-2 day of the event. A White Spinning Top candle pattern appeared at the start of the second week of the event, with high wicks on top and bottom of the candle, showing indecision.
IOTA extinction I look at the chart and what I see? An exponentially decaying price, down 97.5% of its ATH. I pity the poor souls who bought the top.
What else? It fell under its bottom longterm trendline and now it is just testing it. My god this coin is so dead, I won't be surprised if they shut down its network tomorrow...oh wait.
S&P Dead Cat Bounce?So I have shorted the S&P on the 4 hour due to this pattern:
Very nice break, and as you can see on the 4 hour we have YET to make a lower high swing in this downtrend move. Trends are composed of multiple swings.
I do like what I see on the daily chart. When an instrument has moved down close to 3% in a day, it is likely over extended. I can see a bounce here before a move down lower forming our first lower high swing on the daily chart and also a head and shoulder pattern. So a dead cat bounce perhaps on the cards here. But to me, it is just plain old market structure.
Medic, quickly!If this one bar doesn't stop the drop,
gonna go to sleep.
Because it will be either the bulls from now on
(It's the last chance for bullish run)
or
the bears will drop to 6999(IMHO - possible, but unprobable) or less.
I personally believe in this soldier
and so should you(was watching closely 7200 all day - I'm telling ya - it's a TOUGH NUT, the bulls are with guns patroling 7200. The bears must panic in agony)!






















