- NVDA short term 15m time frame bull break lacking follow through then weaker compare to QQQ into end of day on Friday - TSLA still relative stronger than QQQ gap filled 4h 12 EMA still full bull control guide - AAPL zero red flags trading around ATH, 2 day time frame 12 EMA full bull control guide - AMZN weaker of the big tech closed right at support into end...
These levels are good for both swing traders and long term investors.
We have a very aggressive uptrend on the Tesla (TSLA) stock. This weekly chart allows room for additional growth but once the move is ongoing is really hard to tell. It is easy to predict the reversal as we did in early January 2023 but it is hard to predict the continuation. Reading the chart is also easy so let me tell you what I see. 1) Volume is super good...
In this 4 Chart Split Layout of Tesla you can see the 2 hour, 4 hour, 1 day and 1 week Charts. They all have the same indicators to keep it simple using a MA CROSS, a Macd Strategy, as well as a 7 day EMA as a Trendline. I could extend the 7 day EMA to a 9 day as well but it wouldn't really affect the charts much except to move the trend line a bit further away...
- QQQ and SPY still very healthy pull back on the daily chart. although QQQ is definitely extended, but still want to see bears prove it to us first in the price action (changing of trends) - TSLA relative strength compare to QQQ filled its gap. - AMZN and GOOGL weaker, still cant get over its side ways range. - MSFT and AAPL trading in its ATH range no red...
After a strong higher low in April (vs Jan.) the Tesla, Inc. stock TSLA moved to hit a 7 months high. Higher lows lead to higher highs. All the markets are interrelated. They are moving together and doing the same... Let's look at some examples: 1) In January Bitcoin, the SPX, etc. produced a bullish wave, this is true for Tesla as well. 2) Mid-March Bitcoin,...
Todays 2 hour candles attempted a Break above the 7 day EMA that I'm using as my Trendline and I Indicated that it would need to stay at $258.00 or higher to maintain the Bullish Trend. Tesla however continued to breakdown with the last candle below the trendline forming yet a negative divergence between the highs of yesterday and today. Support targets are...
Shorted Tesla here, online sentiment way to bullish....people calling for 400. 1 day Stochastic maxed 100/100.
- QQQ and SPY still complete full bull control cant remember the last time bears confirm a hourly downtrend. - TSLA relative weaker to QQQ today - AAPL and MSFT lead bull leading the market today, ALL time highs - GOOGL and AMZN weaker of the techs today - NVDA also weaker with double top from yesterday - im shorting SOXX so buying SOXS and would like to see AVGO...
a simple way to calculate target of nvidia in next 1-2 year . there wll b one small correction or consolidation
I shorted Tesla yesterday before FOMC at the gap and above the 0.5 FIB. I will take profit at the gray support level and buy long if the markets look like it want to bounce. Tesla is way overbought at the moment, so are many assets, including Nasdaq. DYOR, NFA. Take care.
The absolute rip out of TSLA has been a good one. As they say, "what goes up must come down" though too. If we are in need of a major pullback after this rip up, are we forming a head and shoulder pattern of sorts? Hard to say but given how violent the move has been, that often is met with an equal and opposite move and that puts the chart in a precarious...
SPY has reached the .618 Fib retrace level and we are definitely at a crossroads. If price break through this level and flips resistance into support, then the macro measured move on the monthly, puts price in the $700s. If resistance holds then we have a measured move to the $330 level, before hypothetically resuming this trend. If resistance holds and we...
NVIDIA's price action last week was a historic event in the markets, and at a very strange time. Whenever you see such an outlier, it's time to perk up and really give a deep think to what's going on in the world at large. For me, I had long since anticipated NVIDIA would print a new ATH, but I did not believe it would do it until the markets at large had...
- NVDA ATH in price discovery mode - TSLA relative weaker than QQQ today potentially need some consolidation for the bulls after a fast move. - GOOGL weakest of all Tech still in range for potentially daily bearflag - MSFT AAPL testing 52 week high resistance - QQQ zero signs of bear still, need AT LEAST an hourly downtrend for anything to happen - SPY weaker than...
Yesterday noticed a lot of tickers suggested "Shift in Sentiment", I thought it could be Bullish, but several tickers I checked this morning on the Daily frame chart, suggests pull back is coming. Let us watch how this 5-3 move (Elliott Wave) goes for TSLA, there are similar for some other tickers, but so far this is only indicator out several I am seeing that is...
We’ve just seen Tesla push higher for a 13th straight day and signs are it could rally for a 14th. This is obviously an incredible run of form, especially as there simply haven’t been any positive earnings revisions – however, earning aside, investors have seen a 70% return since May (110% YTD), and the stock is hot, but is it too hot? Fundamentally, we’ve...
Tesla - TSLA - 'The law of attraction' - Tesla price was attracted to the price gap below and now has hit the gap price above. Based on the Weekly chart, Tesla made big moves upward for the last 5 weeks. Will Tesla's stock price pull back or continue to the $300 level?