Hello everyone! In the last few weeks we have been following $TESLA (see chart below) trying to take a long position around the bottom (weekly support). That said, the triggered rally was very interesting, the value has almost doubled in less than a month and if we look at the intraday chart (1h), we see the rally developed with a bullish impulsive structure. From...
First chance TSLA can go to complete its boost cycle then reverse back towards lower level again.
NIO has earnings coming up at a good time when the China ecomony is recovering from the lockdown and holding interest rates down to support economic expansion. NIO is also very busy selling their EVs in Scandinavia. On the one-hour chart, NIO has risen above the demand/ support zone and seems to be retracing the recent downtrend. The indicator shows...
- triple top - death cross (daily MA) - huge bearish divergences - growing competition in this market - Musk's behavior in managing his business
NASDAQ:TSLA bullish uptrend squeeze happening, 20 day moving average crossing above the 50 day moving average begging of a new uptrend. A pull pack to the 20 day moving average will be healthy for the stock.
Tesla has been rising high and is about to go even higher Friday 6/9 after GM announces use of Tesla charging stations. Beware this tidal wave will crash eventually but it will be a more subtle correction. We should expect Tesla to drop 2-10% in a single or multi day correction next week. After this correction Tesla should remain stable and continue its steady...
NASDAQ:NVDA started like NASDAQ:TSLA is today. but in the case of Tesla there is bull flag inside a mega bull flag so, we should see very agresive movements to the upside.
I have been a staunch bear since about March. Since the lows expected a nice bounce but that we would resume the downtrend at some point. Nothing has convinced me that this market would not do anything besides have another period of pullbacks, until I inverted the QQQ today. From this perspective, I cannot help but see the very real possibility of a double top...
- TSLA CLEAR 12 EMA 4 hour time frame support guide - NVDA falling Wedge Guide - GOOGL Lead Bear of big tech bull break with no follow through on Monday - AMZN potential setting a lower high on daily - AAPL stronger big tech 2 day time frame EMA 12 perfect support guide
this is a total high profit low prob trade, but I think it is worth the risk. Roughly 200 trade with 10K payoff if it reaches the goal by 45 days. butterfly trade with 310 target at 43 days out.
W Formation has formed on Tesla with the price breaking up and out of the neckline. This shows strong rocket action and we can expect the price to rally on up from here. 7>21 RSI> to the moon! Target $364.28 ABOUT THE COMPANY Tesla, the electric vehicle (EV) and clean energy company: Founder and Visionary: Tesla was founded in 2003 by a group of...
We can see price breaking out of a bearish pennant, resulting in a solid move down, retesting first, going down again and now going for a potential second retest of the previous support which now becomes resistance. Looking for continuation to the downside. Fundamental backup as the average analyst price target is 180$ a share which is about 20% lower than current prices
Hey traders, In TSLA, all we care about, until the tide reverses, is to look for long opportunities... With the structure in our favor as indicated via the OFA script, all we need is for price to lean back against a lower timeframe support zone to re-engage. But how? via the Order Flow script (OFA). Be reminded, when applying the OFA script , it has 2 main...
This chart is showing the Long Term Trend of Tesla from September 2022 and that it had formed an Inverted Head and Shoulders over the course of several months with a confirmed Breakout this past Monday. With the Breakout above the Neckline, the Potential move should be $144.44 over the span of several month, possibly by year end or sooner. The value is...
Have you heard the news? Tesla Rides Tech Rally to 7-Month High as Good News Piles Up! It's almost as if Elon Musk has a secret stash of good news that he's been saving up for a rainy day. Well, it looks like that rainy day has finally arrived, and Tesla is soaking up all the good news like a sponge. As a Tesla investor, I'm sure you're already aware of this...
- TSLA still relative strength compare to QQQ once we lose that strenth daily consolidation might be on its way. - NVDA likely testing 366 soon, will be interesting to see the price action when we come to the gap territory - GOOGL back to low of its chop zone support range- bull break lacking follow through - AAPL still in daily uptrend holding better than its...
NASDAQ:TSLA #Tesla first time after Sep 2022: ⚡️Started Outperforming S&P 500 ⚡️Trading Above 200-Day Moving Average Can give a good risk-reward entry if consolidates for few days
The "strongest trendline" indicator calculates the trendline with the highest strength based on the highest Pearson correlation coefficient. In this case, it calculates the trendline over a period of 200. This allows me to plot the linear regression channel using the indicator, which can be done on a logarithmic scale (similar to the "strongest trendline"...