Going over the TSLA chart longer term. looking for clues as to what the market is telling us. do the hard work. the weekends are the right time to do all your hard work to get better for the next week. we want to buy back our time and cant do that without doing the hard work.
TSLA support and resistant price structures formed at every 50$ range
Finally it hit 150 support zone !
This week open gap down but ended strong rebounce forming Bullish Piercing reversal candle with VOLUME at 150 Support and Trendline Support.
Weekly Chart - Long Term
Generally still downtrend (Red MA Rainbow) and Bearish (Candle below Moving Average)
FiFT...
Currently, the price hovers below the support at 175 (CMP GZ).
Everybody will be watching that level.
Check all the previous earning periods. Every time we open with a gap down (no matter the results), however, this time it is different...
I strongly think we will visit the 120-130 level and also below. There is a small chance that it will cross below 100...
In 100 years, Tesla will be known as a robotics company that began as an auto manufacturer. Elon has described the coming robot products to likely bring the most profit and future growth for Tesla. EV cars are becoming more commoditized and margins are shrinking. Robots will be the next major class in consumer tech products, after smartphones.
Remain vigilant for daily reversal candles occurring near the support area. In the event of a daily closing breach of the support levels (red lines), there is a possibility of further downward movement, emphasizing the importance of implementing risk management strategies.
Continuing our discussion on trading chart patterns, this is our next tutorial after Trading Converging Chart Patterns
This tutorial is based on our earlier articles on pattern identification and classification.
Algorithmic Identification of Chart Patterns
Flag and Pennant Chart Patterns
In this tutorial, we concentrate on diverging patterns and how to...
My dear subscribers,
TESLA looks like it will make a good move, and here are the details:
The market is trading on 147.01 pivot level.
Bias -Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 155.99
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as...
hello guys...
I published before this analysis:
I believe the target of the short position was 127$!
but now the price made a three-drive pattern and showed us a manipulated area! I think if the price comes higher than 185$ it will mean the correction is done!
let's see what happens!
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✓✓✓ Always do your research.
❒❒❒ If you...
For years now TSLA has been leading the NASDAQ. A year ago this came to an end as TSLA started to underperform the NDX. TSLA is now the red-headed stepchild of NDX.
While everyone only sees a big drop today, they do not realize that TSLA/NDX has cracked a major fully formed valid structure. This is far worse for the future of TSLA stock value.
I usually post:
...
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...
Deep state after Musk. Unethical shorting, however looking at value pre "self driving cars", "robots", "value of cars only goes up", "spacex=tsla" I think you can ethically short the company without bringing in politics. Share price is 50% off high, and further off 1/2 of that high, and looks to be in a downtrend that is almost 50% off that high. Without...
Purely the RSI crossing the 50 mark has me worried here.
Were in technical support and accumulation here and if we break the green level I can see us working our way down to the lower channel.
Everyone is betting against Elon BUT the retail investor since its peek and for some reason.
If inflation ticks up and fed keeps a stern stand on rates, this thing could...
