Black_Sheep1

Black_Sheep1 Updated 

I’m not sure if SPX/HYG divergence is reliable moving forward, but this indicator has proven pretty effective last year. We are currently diverging again, last 3 major divergences created pull backs of -17%,-13%, -21% Any thoughts from my fellow analysts? Any other divergence indicators you can share with high probability? Good luck to all

Black_Sheep1 Updated 

TSLA needs to recapture $195 quickly if not then this was an epic short-term Bull Trap

Black_Sheep1 Updated 

TSLA price swings are signs of accumulation/distribution. Weakness in small time frame / Strength on Daily - this is either correction or liquidity grab into next move up $190 support - Weakness under $188, $182 is LPS *1hr support 21 EMA Resistance 8ema *5ma Daily Support Weekly anchored VWAP: $188 *1hr indicators are showing triple negative...

Black_Sheep1

TSLA bottom in? Do we go past $200 or finish accumulation? Here are some accumulation and bottoming pattern ideas. Ill keep this updated

Black_Sheep1 Updated 

Just Speculation... only because I think the Markets haven't finished this Correction---Bull to Bear set-up Idea : current Cup and Handle Short Squeeze rip to $290 area then Drop.... because of: Bad Earnings Season... Seasonal Market Movement in line with current dates , Fed Manipulation....etc Is the Carnage over? Have We Bottomed or are we going down for final...

Black_Sheep1 Updated 

Topping reversal candle on the 4 hr. I see Bullish and Bearish scenarios- * Yes Tesla can go to $180 first, it has to happen before Wednesday Bearish- pullback and double top , Rising Wedge or complete breakdown from here. Bullish-continuation on new support trend-line past $200… to confirm V bottom recovery (Tsla is one of few stocks that will be green while...

Black_Sheep1 Updated 

TSLA has momentum to move to 180 area. (This needs to happen before FOMC meeting) I thought Tesla was finished here, but momentum is strong and puts are piling in, I think we may see a continued rally to 169,if we close above 167.55 on daily or weekly, Tesla could hit 180 by Tuesday, before selling off Technical Bullish Patterns: 15min- Bullish pennant...

Black_Sheep1 Updated 

QQQ looks bullish, classic C&H on micro time frame - Volume matches pattern 4:1 Profit potential. TQQQ for 3xLeverage= 18%-20% possible profit / 4-5% possible losses ***Be Careful -Negative CPI data on Thursday will cancel any bullish moves - lots of volatility & market manipulation to finish this week Everyone is so Bearish right now.. this is the...

Black_Sheep1 Updated 

Tsla ready for a drop from here - if Markets start breaking down - be prepared to see TSLA go back below $125 is my target within next 3 weeks *we could see TSLA traders push price to $169, but this will be a retail trap. Good Luck *Long Term Bull, but short term swig-trade idea

Black_Sheep1 Updated 

***Warning Monday Jan 2nd (Market is Closed) - Q4 EV Deliveries - good report then TSLA will complete H&S pattern and continue Bullish Island Gap Reversal Positive: `TSLA is Very Oversold, we could see a continuation of this bounce up too 150-180 if production release is great on Monday. -Bullish Chart patterns show inverse H&S pattern created by Island Gap...

Black_Sheep1 Updated 

TSLA broke out of the falling channel with back test today-and could be attempting a 16% measured move up to fill the gap around $137. *There will be resistance between 124-128. If..IF Markets maintain bullishness we could see Tsla Move Towards $161-168 area, which coincides with: ~ Previous Support + 200WMA + 0.618 Golden Fibonacci Retracement, before moving...

Black_Sheep1

Tesla looks to play out double top Pattern. $150 area first bounce $134 area area is target move

Black_Sheep1 Updated 

Re-Accumulation or Final Phase of Distribution with *UT - Failure to close above 200? We will find out soon. I am still Bearish but this will be interesting...

Black_Sheep1 Updated 

Immediate BEARISH IDEA : Distribution Pattern Look for drop then *UT to 198-200 area then failure with bearish divergence confirmation on RSI & MACD Close below 178 cancels inverse H&S pattern to fill gap at 170 (we may find support at 173 for false rally and rejection at 178 Bullish then Fail set-up - Push up to 208-213 to grab liquidity then major rejection...

Black_Sheep1

Possible move up to test wedge along with 200 ma - this coincides with pump before stock split TSLA needs to break above 20ma to regain a chnce to break the bearish wedge pattern. BE CAREFUL - short term relief possible with full market relief, but I feel that this will be short-lived. This time of the season is best for day trading , not swing trading. good luck!

Black_Sheep1 Updated 

Tsla had a whipsaw of moves today and ran while the market sold off. I saw the inverse H& S early and set Target Price to $925-927 (.786) This will be final Leg down, creating a "3 Drives to a low Correction into continuation pattern" My target is $895 Pattern invalid if we break above and close above 928 ***CROWN Reversal pattern on 2 minute is happening right...

Black_Sheep1 Updated 

TSLA did not break below 914 on the sell-off today...hmm IF...IF...if SPY does Gap & Go tomorrow morning it will creates a short-squeeze in order to get above 200ma on 8/17/2022 we MAY see an Impulsive Gap & GO - for TSLA to begin its final leg of this rally~ This will also support the Cup & Handle on Macro Charts -Target of the .0786 as the possible final...

Black_Sheep1 Updated 

my opinion only - Time to start taking profits -Possible 7% Upside from here in the SHORT TERM - "Stock Split Pump & Dump" -TSLA is hitting Supply Areas, & Major Resistance -Volatility is returning in markets -General Conditions Index reported negative -31.3% Today !!! 8/15 --Seasonal Weakness approaching in Tech sector for Markets -Technical Indicators...