the stock is ready to go up to the next Target : 1- analysis with harmnic pattern 2-trend analysis 3-wyckoff Good luck
Tesla (TSLA) has been printing lower highs since July 2023, which means that the downtrend is an old one. A lower high is confirmed 28-Dec. by the fact that the last four sessions are full red and pushed the stock below EMA10, EMA21 and EMA50, with EMA100 still working as support today. The RSI is now bearish (below 50) and trading volume still low. The low...
Am expecting price to continue trending DOWN in the short-term. BUT ... appears a Bull Flag is in the works so am expecting great news from Musk in the future over the next years. I published the chart on a WEEKLY perspective. See the text within the chart for more details.
The recent price action on the TESLA pair was keeping me on the fence, however, my bias is slowly but surely changing into the bullish one and I think we will see the price go up. ❤️ Please, support our work with like & comment! ❤️
Im not an advisor, nor economist. just doing this for fun. Dont Buy or sell or short based on my opinion, do your own research. Back after a long paus, tesla looks bearish and it looks like it will land in the rectangle which i have drawn there.
I will not be surprised to see NASDAQ:TSLA trade at $100 this year. Looks extremely overbought here and I want to participate.
Looking at a daily chart on tesla we can see reversal pattern building as price rounds over into the previous major pivot low of $152. As price is pulling into this area notice how each push down is getting smaller and ending sooner than the previous. This is a daily chart considering the cuvature of the trend and angles ploting highest zones of probability in...
The details are self-evident on the chart ... been following this guy since the beginning. An end of an era or maybe just a slight reset until what's next reveals itself in the charts. Fib extension of 2.272% maxed out at the top. If you're a believer, plan your next steps accordingly. And, enjoy every sandwich :)
Need above 176 to confirm move up. Looks to potentially be in a 5 wave move up. If we reject 176 to 180 expect lower to come if not this is upside just about Looks to be in five wave like apple Sub waves so within next few weeks to week If not though probably lower than last low coming for sure. We need to break trend Update as we go www.tradingview.com
TSLA bubble deflating and BTC to follow as well. if the current support breaks at fibonacci level it will head to $63. The hype is over.
Technicals: DAILY: Stage 1 Ichimoku Crown Pattern DQ d1v Crown Volume Validation uRd developed from Feb 2024 until Mary 2024. Crown retracement has reached the 50%-61.8% buy zone. This is just a sheer technical bet that TSLA will recover, reverse and get to 200 or more by August 2024. If I am wrong, then I have my stop below 130 if this pattern goes bust.
The Falling Wedge is a bullish formation that starts with a wide top and narrows as prices decline. This movement creates a cone shape that slopes downwards as the reaction highs and lows come together. Unlike symmetrical triangles, which lack a clear slope and bias, falling wedges unmistakably slope downwards and exhibit a bullish bias. -The buy signal has been...
On TSLA as you see on the chart we have two situations. We could have a big probability to have an uptrend if only if we have the breakout with force the resistance line by a big green candle. In other hand, we could have a downtrend if we have the breakout with force the vwap and the support line by a big red candle.Thanks!
Everybody familiar with head. shoulders, knees and toes???... Didn't close below 200 did we? Either way we still bullish on tesla. Bias stays the same.
My plan for Tesla over the next few sessions of ideas. Its rather clear what I'm looking for here. I'll use NASDAQ:TSLT (leverage) to average out the larger DCA issues should it start to get away from me while using regular NASDAQ:TSLA for the main idea. I like doing this so that it is a lot easier IMO to catch back up with the in between moves as well...
Similar on the inverse from previous cicle. Target 165-160 next 2 weeks.
v1.6 Calibrated entry specs, to slightly loosen up the Stoploss atr_x = 2.5 entry_atr_xfactor = 3.7 ----- This is a simple systematic Trend strategy where entry is based on two conditions 1. Price crossing over the EMA 2. The present ATR is less than an ATR multiple The ATR condition allows us to enter trades that has not gapped too much as that usually results...
I'm applying a similar approach to Qualcomm, observing its interaction with a trend line that has served as both support and resistance for years, spanning over six years. This trend line is currently acting as a point of resistance, but given the robust market conditions and compelling reasons for a breakthrough, it presents an excellent case study. My charting...