I have clearly explained TESLAs price action. Let me know if you have any questions.I dont see any buying opportunity in it currently. NOTE: TESLA SHOULD BE AVOIDED FOR LONGS
Chart has all 10. Hope this helps. Hope it's simple to understand if you still struggle with indicators. Remember, no one indicator is good on its own. Think of an indicator as a sign that you should pay attention to a possibility. For example, if I go to the ocean, maybe I have an indicator that says you're closer to sharks than in the great lakes, will I be...
On the above 2 week chart price action has printed two significant macro indications: 1) Broken market structure, failed support. 2) A lower high, trend reversal. Beginning from 2023 price action entered an upward channel before a breakout in December. This move in price action created a bear flag pattern. A forecast may now be measured from the last downtrend...
WATCH SUPPORT LEVELS TO PAY ATTENTIO! Short Term Price Target $155.27 to 146.54 1. Tesla's Stock Price Below $100.00: The fact that Tesla's stock could drop below $100.00 suggests a significant bearish sentiment in the market. Investors may be concerned about the company's performance or broader economic factors impacting the stock. 2. Possibility of Dropping...
Tesla’s Pivot: Getting Ready For a Bullish Wave Tesla is testing a very strong support zone which corresponds also to Harmonic Pattern zone. This could be the perfect time for Tesla to resume the bullish trend again. During the last 4 months the price decreased by nearly -48% and this could be also a strong reason for the buyers to join the party again. You...
Hello Traders and Investors, today I will take a look at Tesla . -------- Explanation of my video analysis: After the triangle breakout and the bullish break and retest on Tesla stock back in 2020, we saw a significant rally of 1.500% towards the upside. For 3 years Tesla has now been trading in a decent bullish flag formation and just broke an important...
Time for a new updated chart in TSLA. TSLA has now formed a MEGA Bearish structure. While we are not near a Key area at the moment. The initial formation does not look good for the Bulls going forward. At this point, it would take a lot of effort (buying) to change the message of the market in this chart. While anything is possible it does not appear likely at...
Here we are charting NASDAQ:TSLA May/August corrective breakout cycle. Like clock work, TSLA will reach a low in May and proceed to accumulate to a massive breakout by, very near to or before August. These breakouts are massive and can yield substantial gains for the patient investor. In addition TSLA is displaying a classic corrective pattern which can be...
My dear subscribers, TESLA looks like it will make a good move, and here are the details: The market is trading on 147.01 pivot level. Bias -Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 155.99 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
NASDAQ:TSLA looks to be close to making a short term bottom. Thinking we could see price find support in the $131-137 range and then with earnings see a push to $200 or so. NASDAQ:TSLA has been the leader to the downside and it looks to be nearing exhaustion. Would make sense for the leader to the downside to end up being the leader to the upside should the...
Tesla might be a good buy. I must be honest, I didn't doo too much due diligence. All I know is that electric cars from other manufacturers aren't what they claim to be, and I also know that TSLA p/e ratio is at a historic low, and at the same time earnings are growing. Part of my investment in this stock is the fact that P/E ratio can be pushed waaay waay...
Price has extended down a little further than anticipated in what I am calling wave iii. You may notice on the chart I have some turquoise labels. These are to show the ALT ways this could be counted. The difference is mostly academic as they both end at the same point. If this is the ideal count, then we should get a retrace higher tomorrow to the high $140's -...
4/23/24 - $vrockstar - print looks beat into the grave w all the negative expectations, but PE is relevant for a megacap and it's simply to expensive into this print. never bet against the edge lord, but also you don't need to buy every print. in the event they beat the whole sector goes bananas and my play here is the donut saudi "company" lcid which goes...
or you might miss out on the runup to 191. Potentially higher, but likely into next week. 154 is looking likely should we break under trend. Basically per this chart, either tesla is ready to make a move to the upside, and it looks like a quick move pre earnings. If TSLA drops today into that support zone, it can trigger a run up to 184, and then possible 191....
how ironic its that its landing on earnings too. I MEAN LOOK AT THAT , its just so dang enticing to just throw a bunch of calls and see what happens lol
A volatile stock with so much FUD, so many unknowns, should not logically align with a chart of trend line continuation and geometric formation. I am being as imprecise as i can be without negligence to the study. Free hand no measurement just visual spacing. Lets see how this Legal entity moves through time and if there is any fractal patterning resonate within...
The Power and Beauty of Price Gaps Price gaps represent a clear imbalance in supply and demand, making them one of the purest representations of momentum in financial markets. These gaps occur when there is a significant disparity between the closing price of one period and the opening price of the next, indicating a sudden surge in buying or selling pressure. ...
I LOVE watching the process of a stock bottom for long term or short term regardless of market condition. Elon is doing EVERYTHING in his power to save Tesla, he has been canceling giga factories, cutting payroll and reducing prices. This is the only way companies that depend on lower rates can survive during times like these. Tesla is here to stay but how far...