after a bearish trend and the creation of a ''Double Bottom'' pattern, we will wait for the confirmation of the breakout of the ''neckline'' after which we can take the buy position
$TSLA has a bottom signal in the daily here, I'm long as of yesterday, time and price target is shown in yellow. Until the next earnings report, price might glide higher. Considering the $TWTR merger, risk of Elon needing to sell more shares is a scary but not impossible bearish catalyst that could rain in the bull's parade soon. Partnering with a PE firm would be...
Tesla (TSLA) has been trading within a long-term Channel Down pattern ever since its November 04 2021 All Time High but is within a short-term Descending Triangle since May. Yesterday the price tested the Lower Highs of that Triangle. The pattern's Support has so far formed a Double Bottom exactly on the wider Channel Down pattern Lower Lows. A break above the...
TSLA found a strong support at 50 % Retracement level. Does it continue to move up?
There are many details and somehow interesting tips in the video which you may find helpful !
We always trade safe and smart don't we?
Good luck everybody !
We're buying Jan 19 2024 Leaps for this bloated bovinity.
Eron will be sacrificed to the Alter of Mass Delusion.
Thankfully the serial predator whose frauds date back
decades will be train wrecked into the South Sea Bubble
and john Law of his time.
It will happen.
Load up for BK, it's not going to take long.
Muskrat love?
Nah... dude needs to be wrecked.
AMD 4H I AMD was rejected right near its downtrend on the daily. And we now have a bear flag formation on AMD. Support near $92 and $82 if the flag is broken.
TSLA 4H I TSLA has been trending down on the hourly ever since the beginning of April. We have resistance near $710 and $725. Support near $625 if $685 doesn't hold.
MSTR 2H I MSTR is breaking down from a...
Hello traders and investors! Let’s see how TSLA is doing today!
First, since it did a false breakout from our purple line at $ 635, TSLA is very bullish. It broke the 21 ema, and it broke the resistance at $ 700 (black line). Now, both the 21 ema and the line at $ 700 are support levels (remember the Principle of Polarity in Technical Analysis).
Tesla is...
Tesla
Short Term
We look to Sell at 774.80 (stop at 827.00)
We look to sell rallies. Trading within a Bearish Channel formation. A higher correction is expected. Expect trading to remain mixed and volatile. Previous resistance located at 775.00.
Our profit targets will be 621.11 and 539.00
Resistance: 775.00 / 1000.00 / 1240.00
Support: 621.00 / 540.00 /...
noah was instructed to build an ark,
in accordance with market makers instruction:
he took into the ark the most bullish of all specimen.
----
before the bulls had ventured on this journey,
this noah guy looked at them intently;
he said:
"one day this ark will turn 88
that's when a lot of you could dissipate.
do not let greed control your journey,
simply...
With the U.S. entering a rate hike cycle overlaid with a global macroeconomic slump, the auto business tends to suffer more during economic downturns. In the short term, the highly valued TSLA is facing the bursting of its bubble.
Sell $710-$790
Stop Loss $880-920
Target $560-660
Like and share
Looking to short Tesla if price should push against the red area (Sell area 1).
Reason beeing its a former, engulfed supply zone that stopped the previous uptrend before beeing taken out. It also served as Support for a short period of time.
In general if this trade should work out i see other major stocks going down.
S-L (Stop- Loss): I dont want to see a...
Has anyone looked over the TSLA Balance Sheet (B/S) they reported last week? If so, can someone explain why Accounts Payable (A/P)/Accrued Liabilities rose 59.3% and Inventories rose 62% YOY? As a prior CPA, I know the B/S is perhaps the the most important piece of paper to review when when evaluating a company. I'm very perplexed by the changes in these two...
To no surprise NIO like most of equities is vulnerable to the increasing pressures of inflation and the feds responsibility interest rate hikes.
Technically we see NIO is a BEAR FLAG structure right at the $20 Key Level
Making NIO more interesting is that this structure is formed with LESS participation on the second attempt at $20
Meaning NIO made a HH (Higher...
The statistics are between $732 - $950 (1 Year).
After delaying virtually all new vehicle launches for the last few years,
Elon Musk has now set a strong timeline for Tesla to bring Cybertruck, Roadster, and Tesla Semi to production in 2023.
Once these products and more come out, Tesla will blow up again by at least $1.500.
Cathie Wood's Ark Invest says Tesla...
Don’t expect TSLA to break above 800 in the very short future. If we take the May 2021 yellow box fractal as a guide, the volatility range this 3Q will be between 540 & 800 or even until Oct or Nov of 2022.
WHY LOOKING BEARISH: Even Elon himself is preparing for a downturn by reducing labor force. On the technical side, since breaking below 800 in early May2022,...
Today we're here to talk about TSLA
Today: Tesla shares are trading at 649.95. And the company looks clearly worse than the market. It is obvious that the company is highly overvalued and therefore the market needs a correction. I believe that Tesla shares need to be corrected by another 19% of the current value over the past 2-3 weeks, and then their price will...
