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...
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.
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 :)
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.
1) I applied 2 moving averages which have 5 period(red one) and 20 period(green one). Red one cut below orange one it is sell sign. 2) Descending triangle occurred here and previous support line was broken. On the other hand, Pullback has happened but it could not reach above of this support line. Descending triangle is generally reversal pattern in technical analysis.
Similar on the inverse from previous cicle. Target 165-160 next 2 weeks.
TSLA might fill earnings gap or atleast gap can act as support 157-8 if CPI is hot TSLA might touch lows of 2024
NASDAQ:TSLA Tesla is known to drift higher after a negative earnings report, which it successfully proved this time around. Looking at the indicators, I assume that the top has been reached. Fundamentally, there is nothing to support further price increases. I am anticipating the closing of the gap that formed right after the recent low.
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...
Hey Watching Tesla Does anyone thing this gap will be filled anytime soon ? Thanks
Gave yall this yesterday DO NOT SLEEP ON THE POWER OF INSIDE BAR BREAKOUTS LIKE for the next multi bagger!
NASDAQ:TSLA has been in consolidation between $170~$175. Last Friday it managed to closed at $177 giving a signal that price is now in breakout. Macd at 0 signal to upside with RSI and William% pointing rising bullish divergence. The first target is $193 .
This a simple one with a destination in sight with multiple scenarios possible. Simulated projections gave rise to the elements in the project where potential support/resistance or influence zone might occur regardless of the path. I have a slightly grim outlook for Tesla and won't be at all surprised if it slowly decreases in value ignoring the ultimate target,...
We seem to stop here and Tesla may be ripe for an upward retracement.
TSLA seems to be setting up a dump and pump scenario. Currently oversold on the 1H near a bounce area. Looking for a BIS on the hourly and retest of the lows for a day trade/swing up to 207. Once we get there will TSLA melt or volt higher? Will we get some help from the Market? #ifthis,Thenthis
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.
This is my own wild and crazy form of chart reading. It’s just based on the movement of data in time and then finding trend lines that begin the formed geometric shapes that merge into these points of centrality that I use as a hub of energy that either attracts or repels the movement of a stock, this along with my current study of how the social media news media...