In TSLA 185c already. After market has us above a 4h PotterBox so that's giving me a bit of confidence in the play. However, if we open below the PB tomorrow morning, I will stop out of the trade.
Hello Traders, welcome to today's analysis of Tesla.
--------
Explanation of my video analysis:
After Tesla started an insane pump of + 3.200% in 2019, we saw a top being created in 2021 and since then, Tesla has been trending towards the downside. You can also see that there is a significant horizontal structure level at the $200 area and Tesla is about to...
march 24th 2024 in this video I discussed the difference between gold and silver and I did this because of friend of mine who's a trader whose disappointed in the silver market but you see these kinds of differences all the time . silver will have its day but it needs to get above the 50% area and I show you what that looks like using range boxes and...
🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
TSLA boxes drawn. Looking for a move up into PotterBox resistance levels. Took a handfull of cxts looking for a gap up Monday morning. A bit of a risky play but, I was fairly confident in the play.
Hello Traders, welcome to today's analysis of Tesla.
--------
Explanation of my video analysis:
For more than three years, Tesla stock has been trading in a bullish flag formation. Two months ago Tesla once again retested the upper resistance trendline and failed to break out towards the upside. There are two major support levels below current market price...
TSLA looks like a solid move to the upside going into tomorrow. Keep in mind, TSLA has been getting wrecked for some time now. However, there is a ton of empty space up top and it only takes an ounce of good news for some tickers to move. We'll see if we can get an open above the top of the CB (cost basis) we're currently hanging around which is the bottom of an...
TSLA made THE MOVE I was looking for it to make today but I didn't catch it since I was looking at other tickers. It will be one of the top tickers I'm paying attention to though, going into tomorrow. If we gap down to the top of the PotterBox we're currently below, I will go long again.
TSLA has a bit more room to leg down. But it is at the bottom of a daily trend channel, which could signal a bounce. However, Elon has been getting punched in the mouth lately so who knows how much further this could tick down. Entry to the upside is annotated in the video.
Last analysis was correct: we have had a top and after 40 out of 44 days a considerable retracement to begin a T+2i.
We expect more downtrend for next week, at least we should go lower than 173.70. The t+3 has still another day but eventually we can extend time through an Hybrid cycle.
This mean that time is stretched to proceed with a downtrend.
Always tell a HTF story of the charts before getting bogged down in LTF chaos. These HTF algorithms control price.
Clear what we need to look out for on this TSLA chart - Yellow strong algorithm needs to activate to take us out of magenta and teal strong selling.
Fortunately for me, you can't laugh at this. These are the same algorithms proving themselves over...
Regional Bank volatility - showing sings of fear and weakness.
Gold new all time high - showing fear
Semiconductors strong: Apple, MSFT, AMZN, TSLA, Google weak
Vix makes bullish reversal off lows.
I took TSLA long even though my trigger wasn't hit. It's easy to get ahead of yourself when in a discord with some snipers. At the end of the day, whether TSLA gaps up or not, lesson learned. Stick to your plan.
Price targets discussed in the video.
Key words to understand:
- Tapering
- Liquidity
- Tapering
- Tapering
It's important to understand how liquidity plays a role in moving price and what it actually means. In order for price to make a solid move anywhere, there has to be liquidity built up for price to grab (use) to break out of strong resistance levels (i.e. levels with lots of sellers ready to...
Orange is the all important algorithm that will prove whether we are tapering on the buy side and need to continue to build liquidity. We will need yellow stronger buying continuation to break us out of this orange taper.
We now know why it hasn't happened sooner - because we've had the top of green channel in our way acting as strong resistance with orange. But...
For the next week we can expect at least another day to the upside as well as till 27.02 at most.
Be aware that we are at 35 days out of 44 of a monthly cycle.
After Monday 19.02 bear in mind that there can be a considerable retracement to allow the begin of a T+2i.
Enjoy the analysis!
Hello Traders, welcome to today's analysis of Tesla.
--------
Explanation of my video analysis:
After the massive triangle breakout in 2020 and a rally of +1.500%, Tesla has been moving sideways for over two years now. Tesla stock is currently creating a triangle formation as well as a flag pattern. I am personally waiting for a clearer setup on Tesla before...
