My Plan:
Calls > 178 II Puts <167.50
VERY tight INSIDE week killing premiums with a POWERFUL Fibonacci Harmonic SETUP
This is MAKE OR BREAK time - I PLAN to fully automate my options plays
❤️if DOWN!
Tesla (TSLA) has been an icon of innovation and disruption in the automotive industry, but recent developments indicate stormy weather ahead for the electric vehicle giant. Despite its past successes, TSLA's trajectory seems to be shifting towards a rocky road, with multiple factors signaling a potential downturn.
Production Hurdles: Tesla's ambitious production...
This is Tesla on a log scale. It lets you see the big picture.
By Oct 1, 2024, TSLA will reach a brand new all time high. Minimum 387.44.
Why October? Because that's when TSLA's all time high will intersect with its fair trade price. That would only happen with a company that isn't growing, so unless something happens with Elon it will be squeezed into pushing...
Tesla broke trend a few days ago and recently went back up to bounce on top of the trendline i feel this could switch trend please make up your own mind and share your thoughts
Tesla ( NASDAQ:TSLA ) has reduced production at its Shanghai factory amid slowing EV demand in the world's largest auto market. The move to cut production in China also comes as the global EV giant is heading towards a likely first-quarter delivery miss and has announced vehicle prices will begin to increase.
Tesla ( NASDAQ:TSLA ) is reducing production at the...
Downtrends are characterized by lower peaks and troughs and mimic changes in the perception of investors.
A downtrend is fueled by a change in the supply of stocks investors want to sell compared with the demand for the stock by investors who want to buy.
Downtrends are responses to changes that surround the security, whether macroeconomic or those associated with...
✅TESLA is trading in a
Strong downtrend and the
Price retested the local horizontal
Resistance around 180$ and we
Are seeing a bearish reaction
Already so I am bearish biased
And I will be expecting
A further bearish continuation
SHORT🔥
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NASDAQ:TSLA Tesla Inc
Long term PT 900 and higher (Prob will RS)
Chamath: “Elon is well past building a car company. Tesla is an Energy company. Deregulation of Energy will lead Tesla to multi-Trillion valuation.” NASDAQ:TSLA
Tesla, Inc. engages in the design, development, manufacture, and sale of electric vehicles and energy generation and storage systems....
Dowsing has been saying this thing is going to have a short opportunity and had given the $195 area for resistance. That's holding and it seems TSLA is going to $179 this week, and then I also had the guidance for a gap fill. I'm guessing that's the lower one I highlighted.
I also "saw" the Tesla logo in my meditation yesterday when I asked what stock to trade...
Price still trade at lower band of the channel, waiting for price to break to the downside to test weekly BPR.
However price pushes for a bullish correction ,probably testing the fibonacci GPZ then price pushes towards the BPR.
Once price bounces into BPR (possible retesting of the zone) long positions can strongly be considered.
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.
* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...
Pulled up the weekly chart with the stochastic RSI & I have found this sell off is EXACTLY like Q2 2019
Below, I calculated the days since the weekly S.RSI bottomed & we came to (8 bars, 56 days) which pointed me at where we stand today
Then I compared it to the 2019 sell off & found that 8 bars after the S.RSI hit rock bottom, it would put you at the April 29...
On the 3 Day chart, there has NEVER been a point in time in which a Buy signal was printed, price goes lower, & RSI formed bullish divergence, but somehow we are here
RSI closed a higher low as indicated by both the RSI & CM indicator. I did not think price would go lower after the buy signal printed on Jan 29, but it looks like something is for sure cooking...
Recent FOMC meeting seem to have spurred renewed optimism in the markets. TSLA divergence here looks pretty strong imo.
We'll see how it goes, but excited to see how this plays out.
