dreidman49

dreidman49

Here's my new assessment for our beloved NVDA's kid. Retested Neckline for a beartrend. market structure overall was bullish for a while - SPY/QQQ broke and had a trend change but AMD still on the verge of melting down. MACD- RSI no signs of strength

dreidman49

you see what im seeing? right now its in 2020s major ceiling then brokeout from 147.10 to 300 now its getting rejected as well in this market sentiment same story 2022 ceiling was 147.05 made a gap all the way to 210 RIGHT it closed 147.05 2020 and 2022's rejection price then broke out to higher highs. but in this market sentiment.....i really can see it...

dreidman49 Updated 

If not then we are continue to see its down fall.. lowest it might tap is 135-133 earnings will either rekt them more or save them.. Good luck traders. I have puts all over but swinging calls if opportunity presents itself "relief bounce"

dreidman49

For those who listened and believed the newbie trader here lol you made money :D Tsla broke the golden bridge (neckline) on that big ass H&S (head and shoulders) pattern. Now it's sitting on its last line of defense of 153.70 before filling that GAP --> 145s. then i honestly believe ER will be a sh**show. so yep, there is HUGE possibility for tessie to touch 120-110s

dreidman49

Ive been saying this since last week. Welp, there she goes. only will go lower from here til earnings

dreidman49

Earnings is around the corner. tsla really hanging on a thread here.. if it wont maintain or even start a bullish uptrend run. then my assessment in the chart will be as is. 150s, 140s we can even see 110s

dreidman49

Multiple attempts on the same level. succeeded in one break out but then came back to that level. "sympathy run up with nvda" fib level resistance. wickly candles looks like buyers exhaustion

dreidman49 Updated 

Tsla been bearish for the past few months all bc of bad news and bad pr's Trend suggests that i can go lower and revisit 150s to confirm its reversal OR continues down trend. This is my observation - I started scalping (intraday: 1-5min chart) TSLA 2 months ago and its been pretty good. (11k up) Hope you find this insightful and helpful on your trade. Good luck to all!

dreidman49

As you can see it is now sitting on both support; DSI support box: Now it has to come up and as per webull PIE chart; 94% are APES who is holding.. shorties are out.. NOW WE ARE EATING!!! CUP AND HANDLE COMPLETE!!! MOON TIME BABY!!!

dreidman49 Updated 

hitting again its previous tested support. as per DOGE theres alot of believers and holders for this dog. so I personally believe and see, this symmetrical triangle will be a bad ass breakout by next week..

dreidman49

Just see this beautiful daily candles! Forming a huge CUP and HANDLE!! Accdg to WSB/REDDIT they were gonna push SNDL to 50$ lol; hope its true but if not i still trust this baby to be squeezed soon. Thank you AMC for killing the bears of the market; because of all these meme stocks; bigshorts hedgefunds had no choice but to liquidate their shorts and sell of their...

dreidman49

not enough candles to justify its move, but based on its DNA; it can go sideways for awhile like a week or 2, then shoots up again. we will see a great uptrend in next few weeks. ICHMUKO cloud lagging span is so far away to the candles (indicates, GOOD and strong trend) and were still on the support box of DSI and tiny tiny DSI resistance on top.

dreidman49

i think it found its bottom; it way up from here. my first plot was wrong thinking it can just go sideways inside the DSI support box, but it pierced through and found its bottom. MACD confirmed bullish daily trend, but not completely. til it passes through the histograms and stay above it, then yes. RSI market structure for 7 days showed; confirmed OVER...

dreidman49

Went to a state of bearish trend; bottomed: Now as we can see we witnessed a trend reversal backed up by numbers of confluences: this is for educational purposes and sharing. If you have questions: just put in on comments critics are welcome too so i can improve!! GO BULLS!

dreidman49 Updated 

i am basing this on it previous DNA and TREND line; it will be long wait for as BULLS to fight this shorts/bear; MAY- JUNE you will see a sideways trends; or even dipping a bit. but come june - july; you can expect our baby to soar!!! i can be wrong, i am not completely saying this will be "IT" but bottom line, YES HOLD; ADD more if you want. we will see its gonna...

dreidman49 Updated 

this is my own charting and own perception: Going back 2-3 years with this stock you can see the price action wasn't clearly not even close where the stock price is at right now. Lawsuit took a toll with the stock drove the price so hard. But now, DAILY CANLDE shows BULLISH pattern and trend change since its bearish state. People who got in at the dip or those...

dreidman49 Updated 

Look at the chart. I really trust and believe on bounce plays. Even with this bearish market, sell off correction or whatever hell where into. RSI bounce at same level 3 times. and i firmly respect FIB LINES. been on consolidation for awhile now. as well all know or i mean me and my time, SHARP DROP = SHARP RISE. SNDL has a good news of about shares being added up...