WKHS is in similar circumstances as NKLA in the potential for a delisting due to low share price. NKLA has been cleared and is a bit above $1.00 ( see my bullish bias idea) Here WKHS is below $1.00 but is apparently reversing. On the 30 minute chart, price is rising and is above various VWAPs anchored to the left at various points. The last trading day...
Risk assets have been getting absolutely clapped in the past few weeks. However Tesla has been moving down a bit too quickly, and might see some relief into the golden pocket. We have a few potential catalyst's coming up, earnings being one, but most importantly the interest rate hike decision which may help propel risk assets to get some relief. Last time...
There is a long term rising channel forming, based on technical price target, we see a high of the channel at around $3,230, middle of channel of around $1,050, and low of the channel of around $350 by January 2025.
When price broke above the 20/50/200.. always wait for a pullback or a base on top of the moving averages. Safer that way. Best time to be involved is in Stage 2 and Stage 3. The only stage you should be involve in to make money. Patience. Avoid FOMO Trap.
- QQQ still doesnt have a hourly downtrend confirming so daily lower high is not set. - SPY weekly bullflag confirm, so far no follow through yet but we ran out of time so it doesnt count as a rejection for me until i see hourly downtrend - TSLA potentially shaping up an equilibrium - NVDA bull break above 420 back into its all time highs sideways chop zone - AMZN...
- QQQ still doesnt have a hourly downtrend confirming so daily lower high is not set. - SPY weekly bullflag confirm, so far no follow through yet but we ran out of time so it doesnt count as a rejection for me until i see hourly downtrend - TSLA potentially shaping up an equilibrium - NVDA bull break above 420 back into its all time highs sideways chop zone - AMZN...
- QQQ still doesnt have a hourly downtrend confirming so daily lower high is not set. - SPY weekly bullflag confirm, so far no follow through yet but we ran out of time so it doesnt count as a rejection for me until i see hourly downtrend - TSLA potentially shaping up an equilibrium - NVDA bull break above 420 back into its all time highs sideways chop zone - AMZN...
... for a 1.94 credit. Comments: Selling premium in some options liquid, higher IV single name here while I wait for a better broad market IV environment. TSLA's 30-day is at 65.7%. Targeting the <16 delta strike paying around 1% of the strike price in credit. A small caveat here is that TSLA earnings are on July 19th, so I will be "playing through" those.
The bears enjoyed their cycle to the maximum, peak fear is behind us. Observe your favorite pundits to determine if they have shifted their perception yet. Many have not, Many remain Bearish and are greedily awaiting one more Deep Indiscriminate Sell Off.... they will likely wait forever. The first rule of any technology used in a business is that...
Short tesla here small size. Will add heavy either way on the Diamond pattern break if its not too violent and I can catch. Not advise
- TSLA lacking bear follow through after breaking H&S - AAPL all time high 190.37 is roughly the 3T dollar resistance hit in AH - GOOGL still daily downtrend with MSFT
- QQQ inside bar will likely break tomorrow or Monday still no daily time frame lower high set for me unless we see a hourly downtrend confirmed. - NVDA 3 inside bars will likely break tomorrow as well
- META clear EMA 12 support - Quadruple top but still above support need convincing bear volume to break below 277 for me to say this is a temporary top.
Hello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Tesla stock perfectly retested and already started to reject a major previous weekly structure area roughly at the $260 level. You can also see that Tesla didn't retrace all the way back to the 0.382 fibonacci retracement level which is...
Tesla is rising today but remains on a pull back sequence after it hit the top (Rising Resistance) of the 2023 'Recovery' Channel Up. This sequence can be extended until either of the two following conditions are met: the 1day RSI reaches 50.00 or the price hits the 1day MA50. In either case buy and target the Falling Resistance (that dates back since November...
Watch the video. Dip and pop. Im long out of these dips targets in the video
SQQQ buys here, 30% position size. Lets see what happens, not advise.
VIX has been trading high, it's doing the same pattern since the 90s. I expect market will fuel and finally bounce on VIX following this trend.