I published the Cup and Handle idea Feb 3rd thinking that TSLA may pull back to the $162 support to form the base of the handle. It also has major support at the $180 and with how bullish TSLA has been that might be all the pullback we get before the reversal to pass $200 and approach the 200 EMA around $220. It may never make it back to $162. Just something to...
Tesla 1H Setup 1- trend is bullish since 2023 2- recent trend line is respected many times 3- current support is at 179.97 4- next resistance is at 195 and then on 205 5- if price breaks 195 then it may go till 205 6- if price came down to 180 then it may bounce back and go above 195 7- entry points for long calls only -Zone 1: 194.5-195.5 -Zone 2: 180-182
Looking at this 4HR chart, we can clearly see an Inverse Head and Shoulder pattern forming. It is currently at the neckline right at around $198. Interestingly, we see a Bearish divergence right near the neckline (as marked) where price action is going up, but the RSI is going down. This gives us a small bearish signal. So unless this gets invalidated by a...
Weekly chart shows that there was a previous high hit @415.00 Price fell to a low of 99.50 and is retracing at this point. I am expecting price to find support between 200 and 300 and at some point continuing to the upside
The charts don't lie, $420 is in the horizon. wait for it.
2.4.23 Tesla move tire about 100 points to the top of the lower range box. It is so bullish looking that it is possible for this market to move higher But I would be looking for this market to run into sellers and for the pattern to transition into a Ranging pattern a SELL Pattern with the market to produce a bearish wing lower.
The two charts in this idea show Tesla's stock price since its IPO. The only difference is one chart is a log chart and the other is a normal linear price chart. That's why they look different. Understanding log charts and normal linear charts is an important skill for all traders and investors. Especially when looking at price changes over long periods of...
As can be seen on the chart, the Ichimoku short signal was formed in November 2022 and it could take months to turn bullish again. My guess is that February or possibly March will not rise above the Tenkan line (blue) but rather the price will fall back to 118.47 where the second quarter is already starting. I assume that the upward trend will continue from the...
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation."TSLA" Expected moving for soft landing market .. expected moving avg for uptrend ... HIGH RS 221-235 exit 210-212 high momemtum exit 202 low momemtum Un balance 183 Support 173.61 Low Support 157.23 Below 183 is bearish Above 183 is bullish...
TSLA had a great rise from the button just as was predicted in the last two analyses, and after the report, it was even more bullish than was analyzed. TSLA had an unhealthy rise from 100 to 200$ in 3 weeks, which will now be likely corrected. Not only 200$ round number was strong resistance but also support and resistance from Oct, Nov and Dec were too strong...
What do #Tesla and #Bitcoin have in common? Speculative capital flows. When that leaves, BOTH of them go down. It won't be pretty.
Crypto market found the support along with Tesla on a daily chart, which is now turning sharply up with huge volume increase after a completed wave C of an A-B-C correction from the highs. Whales loading? Cryptocurrencies turned up nicely in the last few weeks as USD turns down across the board, following FED comments that they are planning to slow down the...
Overview: in the previous update, I proposed the idea that TSLA had bottomed and that we are in wave 1 of (A) of 3 to the upside. Also, I noted that this ABC move since the bottom of Jan.6th 2022 can be very well a X wave that will be followed by a third zigzag to new lows later this year, but it is of very low probability based on what SPY and AAPL charts are...
Stocks in good times have a growth premium. In bad times the premium is crushed and the stock is priced more like a value stock. NASDAQ:TSLA
Hello everyone! In the last few weeks we have been following $TESLA (see chart below) trying to take a long position around the bottom (weekly support). That said, the triggered rally was very interesting, the value has almost doubled in less than a month and if we look at the intraday chart (1h), we see the rally developed with a bullish impulsive structure. From...
As I said in my previous call on Tesla, which was rather successful, I'm not a big fan of Elon Musk. Tesla TSLA - The Bottom Is In, But It's Still Bearish Especially as the post-Twitter acquisition has unfolded, I feel Musk rode the wave he could to do his "Twitter Files" thing and clawback some rightists/Conservatives that were alienated under the former...
There's a huge possibility that TSLA could fall to the $12 region. The $206 zone was successfully broken to the downside. I remain extremely bearish on Tesla.
It's time to keep a close eye on FAANGT stocks to be ready to reposition once the rules I've outlined in my post “A trading system for rookies” are met. I also urge you to consider positions in the Greek Stock Exchange where there are now many reliable and safe shares that are in a mature phase of growth. Some of them are presented below. For more...