People underestimate volume and what it could tell you about buyers and sellers in the market. This "strategy" or more accurately this way of understanding Volume can be utilized in any time frame and will open you up to understanding more movements and why things happen in "random" areas - when they are truly not random.
Hope this helps and as always,
Happy Trading!
As you'll start to catch on, when we look at the market as "who is in control" then it's only a matter of time before that side takes control and then all that we have to look for is WHEN they will take that control and break out of the control.
Here, we saw TSLA was conforming to its' controlled selling channels and we had a perfect bounce yesterday where the...
Aside from Elon taking a stronger control position of the operations of the company (upping his equity stake from 10% to 20%), I also like the technicals of this chart for a near-term entry.
We just bounced off of our handy dandy blue tapered HTF selling channel and are looking for some of our buying algorithms to take hold. We are also forming a nice inverse...
Going over TSLA's price action what clues can we get out from it. what is the market telling us?? where are our Action Areas?? that is the right question and we try and answer those in this video.
Looking DELIGHTFUL
We've got a ways to go, before we clear all of the resistance in the way on TSLA. BUT, this is a buy low, sell high signal AND I am in my shares of TSLA! :-)
Personal Finance: This involves managing one's own finances, including budgeting, saving, investing for retirement, managing debt, and planning for major life events like buying a house or sending children to college.
Hello Traders, welcome to today's analysis of Tesla.
--------
Explanation of my video analysis:
After Tesla broke out of a long term triangle formation in 2019 we saw a pump of +1.500% towards the upside. Tesla is currently once again forming a (bullish) triangle pattern but broke short term support towards the downside. If we see a retest of the bottom of...
Tesla is not a stock to be traded as it is in downtrend on every single time frame. I have tried my best to explain Tesla.
If you have doubts let me know.
NOTE:AVOID TRADING TESLA
A lot was covered in the video over the years with countless updates in my posts. I have been warning people about TSLA for years. Do not allow your feelings to rob you of your hard-earned money. Nothing worse than giving money to someone who has discarded you. (I am talking about TSLA stock)
Thank you to all of my 3400 followers for all your support. Please...
1.31.24 In this video I talked about some follow-up on Exxon which found a reversal at support and went up a good number of points to make this a nice scalp trade and a minor swing trade for traders who trade like this. There was a two bar reversal to short today and because of that I believe it probably will correct lower but I suspect that oil will move...
1.30.24. In this video I talked about Bitcoin which has a bullish pattern but it came to a resistance area and started to reverse. At the end of that reversal it retested a gap going higher... and so for a little while the market started going higher but it is not made a new high. I suspect that the market will reverse before it makes a new high and create some...
Tesla has had a beautiful bounce off support.
This bounce comes on the back of a strong market, charging higher.
If Tesla can hold above $195 it may move for the gap fill. Caution to the wind with Tesla as it has triggered a very bearish breakdown.
SMCI is one of the best performing Semis. Its gone completely parabolic on its earnings.
after gapping up 30%...
Hello Traders, I'm here with an urgent message: don't miss out on a potential TSLA reversal! EW 2.0 data suggests a major shift might be imminent, and my video dives into the evidence.
Don't hesitate to reach out if you have any questions. I'm happy to help, and I always appreciate a thumbs up if you enjoy videos like this.
Hello Traders, welcome to today's analysis of Tesla.
--------
Explanation of my video analysis:
In 2020 we saw a major triangle breakout on Tesla which was followed by an incredible pump of +1.500%. Since 2021 Tesla has been again trading in a triangle pattern with support at the $120 level and at the $200 level. If Tesla breaks above the trendline mentioned...
