we see a good uptrend in the bigger timeframe. Yes we just had a huge consolidation, but I think it is over. Plus we can see how price bounced off that strong support area around 295/302 $ As you all know, tesla is handing over the first few of the new models soon. This will push price higher I suppose... Target 1 is around 337 $ Target 2 is around 358 $ Stop...
as we can see, price goes up right now. I suppose it will continue to the top of that channel, and if we are lucky, even break out (resistance was tested four times already!). I will jump in on this one, since it seems to be a good classical channel. Any comments, suggestions?
Well... whatever it is, all signs I can see are pointing to the sky (since its the limit). Still, I will wait for a clear signal before entering anything here. My opinion is, we will soon see a breakout, of the resistance breaks. If not, go on the next idea. Trigger is definitely the break of resistance, but be prepared for that pullback!
We look at the 1 week chart here. As we can see, we have a very strong support here, last broken in 1998 . If we look at it as a longterm channel, price will keep rising for a few more weeks / months. Always keep in mind, the past is no indicator for the future. If you enter, I would tell you to take a very small bet in the beginning and raise it as price goes...
wether go in long now for further uptrend (risky!) Better wait till the pullback hits the support and come back for the profit!
I guess we will have a long breakout, since the EMA 200 ist below price. keep this one in mind! tell me what u think as well, since I'm new on tradingveiw thx
New week, new charts =) Do we have a Wedge or a flag? More important, can this strong trend continue, or will it brake down? As a trendfollower, I say YES WE CAN! As a realistic person, I say "good thing we have that paper trading tool" So only for research, I will open a long position here, but only a PAPER TRADE! It is quite risky after a spike like this,...
1. the main trend goes down. 2. a double top is forming out 3. Price bounced off that resistance Aren't that 3 good reasons to go short? Tel me what you think!
Long or short? Resistance has been tested several times, SMA 200 is a long signal, that speaks for a long breakout. On the other hand however, resistance has been tested several times. And held. And held. And held. It could also be a bounce off that resistance. Time will tell. What are you suggesting? Let me know in the comments
As we see, we have a strong uptrend here. Unfortunately we just missed a breakout but that doesn't matter as we wait for the pullback to come to an end, and then ride the wave again. You can see close to perfect higher highs and higher lows and after every new high, there was the consolidation phase, wich we are having right now. I believe in one or two days,...
We have a strong trend here, looks like it will pullback to last support and then continue its stairway to heaven. But as we have no structure in the past, this one is highly speculative. Me personally, I will open a paper trade and if it works out, and gives another sign, there will be a small long position. Remember there's only one person who's always right...
As we can clearly see, in the past we have made higher highs and higher lows. Now we are at a crutial point, since the last high is not yet broken. if thats the case, I believe we are ready to go all the way to the top of that channel again. So if price goes above something like 5.80 I have my entry trigger and place my SL somewhere around 5.45 $. Why is the SL...
Again we are close a resistance, the buyers already had a strong move, and pushed the price back up. lets see if can continue and break the resistance. If so, thats my trigger to get in. The risk reward isn't the best, so don't put in too much, especially since this one looks a bit risky to me
As we can see, this channel is going on for over a year now. Be aware that we are looking at the 4H chart. If you want to ride a wave and got some time, this looks promising.
we can easily see that there should be a pullback / breakout, once the resistance can not be broken. Be sure to wait for the breakout! Once it happened, go long. My SL will be around 8.00$
This is only an idea, since this stock is just way to expensive for me (at least to buy in large numbers). The setup, anyways, is great. We have an ongoing long trend, we have several pullbacks, and once this pullback is over, there is an entry opportunity. I will paper trade this one, just for practice. Tell me what you think about it! Still haven't found out...
Considering the uptrend and all the small pullbacks, I believe here we have a good entry for a small breakout. Non the less you should check the chart yourself. Let me know what you think. This is not an investing advice! Its just my opinion!
Even though the big seasonal phase is over, I think there is a breakout ahead. We see a long and stable trend to jump on here. Only thing, the big purple resistance at around 33.40 (you can see it better in the 1W chart, dont know how to get multiple charts in one idea, glad for help though) needs to be broken. Also we see a consolidation here, even a wedge...