Pair : TSLA - Tesla Description : Completed " 123 " Impulsive Wave Demand Zone / Support Level RSI - Divergence Fibonacci Level Break of Structure
TSLA is forming a pennant and the price has bounced off the upper and lower lines. Possible bounce soon at the 210-220 range.
part 2 of QQQ/SPY Commodities & 7 Mega Tech Stocks
part 1 of QQQ/SPY Commodities & 7 Mega Tech Stocks
Primary Chart: TSLA on Weekly Time Frame with a Downtrend Line from the All-Time High and Fibonacci and Measured-Move Levels Preliminary Comments TSLA is poised to stall soon, perhaps into July 21. By definition, a stall does not necessitate a crash or major trend reversal (at the primary degree of trend). A major reversal downward (crash) is always...
Tesla's current trajectory suggests a bearish sentiment taking hold, hinting at a forthcoming test of the pivotal 200-SMA at USD 220. A decisive breach of this level could open the door to an initial target at 210, and if the bulls falter there, the spotlight may turn towards the 180 mark as the next potential support zone.
FORD on the one hour chart has been trending down with dynamic support from anchored VWAP lines. However the zero lag MACD is showing some bullish divergence with upgoing MACD and signal lines in parallel from a cross under the histogram which converted red to green. There was an associated spike in volume in the range of 3x the mean. The last earnings report...
Hello Traders, It appears that Tesla had a break of market structure at a key area ($239). Price retested the $239 level but face rejections leaving a wick. Since the key level has been violated, I will anticipate Tesla to fall
Weekly chart. Price has broken below channel support and the RSI as well.
Tesla (TSLA) cycle from July 19, 2023, high remains in progress. The cycle has a 100% – 161.8% Fibonacci extension area target of 198.9 – 227.6. Near term, cycle from July 31 high is in progress as an impulse Elliott Wave structure. Down from July 31 high, wave ((i)) ended at 250.49 and wave ((ii)) rally ended at 264.79 as the 30 minutes chart below shows. The...
Introduction: In a surprising move, Tesla recently announced a significant price reduction for its Model 3 and Model Y vehicles in China. This strategic decision aims to boost sales and maintain Tesla's stronghold in the world's largest electric vehicle (EV) market. However, as traders, it is essential to exercise caution and carefully evaluate the current stock...
Long Tesla here 60% of position allocation. Deviation out the wedge, Daily RSI crazy. Stops set at -2%. Still plan on shorting Tesla to the 200 weekly MA but think we get a reversion to mean here on daily. I posted my $281 tesla short and closed those positions yesterday. Perfect stop sweep on the June 23rd low. News is noise. Not advise, good luck.
Based on the analysis, it appears that Tesla's stock price has gone through a specific pattern known as the Elliott Wave Theory (i,ii,iii, and iv looking to be completed. This theory suggests that markets move in predictable patterns consisting of five waves in the direction of the main trend and three waves against the trend. In this case, you're indicating that...
Hi, according to my analysis of Tesla stock, there is a great long-term investment opportunity. Especially with a downward channel break. With a very green positive candle on the daily timeframe. outside the parallel channel. good luck for everbody .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share...
Navigating Tesla's 2023 Surge: A Closer Look at Investing in the Electric Pioneer Introduction The year 2023 has been a remarkable one for the Nasdaq Composite index, witnessing a robust 32% surge (as of August 9th), effectively erasing the memories of the significant double-digit losses experienced in the preceding year. This resurgence in the tech-heavy...
So, as you can see on the chart 240 has provided strong reversals to the upside and of course is a large cost basis on the daily (see PBS video) So a gap down under this mark and hungry bears will eat that gap below. If we Bounce, then we have a gap above and I think this very dynamic will create range. A gap down would change that as we only have opinions above...
Tomorrow's gap will tell us exactly where we will be heading for the week. We are currently in a potential range between two large earnings gaps. Giving me the feeling, we will stay in a wide range. I use my own strategy Call the Potterbox Strat. Of course, there are lots of way to place consolidation, but I have learned the market is mechanical through years...
Elon Musk Tslar had made a giant strive of a long continued Higher Highs for a quite sometime till the most recent retracement which is normal as the stock uses this retest to gather another momentum that may likely push the price to a higher high or a worst an equal highs before change in bias especially for SWING TRADERS, According to DANCOLNATION CAPITAL...