as my previous analysis,RussianUkraine Crisis + Fed Raising the interest rate causes dragging of the phase b (BUEC) to be longer than expected i think for now tesla is having a markup rally
Based on Wyckoff Re-Accumulation SChematic : i modified the tesla schematic based on previous charting ivo #ukrainrussia crisis causing recent panic selling which obviously collected by strong hand afterwards curently making a classic BUEC (backing to the edge of creek) position initiated
bauto is showing shcematic accumulation type 2. the hallmark for this schematic, is urgent accumulation by the composite man. too many evidences pointing toward strenght here. price makin HH-HL since Selling Climax would be the most obvious sign of smart money accumulation with this massive cause will produce a massive objective
phase E currently Current price action simply levitate halmark of absorption on the way up
currently in phase D -specifically BUEC going for phase E soon -for short term im targeting $1200-1400 no need further explanation ivo fundamental, everyone knows about it
FUrther Comparative ANalysis Between METC & NASDAQ INDEX Based on my point of interest, it can be conclude that METC for now is stronger than the Market BUt if we look as a general Point, Nasdaq Is stronger than METC Trading Strategy : If this is a Trading range, i plan to ride the Automatic Rally which will end approximately around $17.75
Update to previous analysis Currenlty LPS position entered Awaiting SOS / JAC
-UPDATE TO PREVIOUS APPLE ANALYSIS- As of now, im thinking of Incoming Climactic ACtion (CA) which to be more specific ---> Buying CLimax ( BC ) Trading Strategy : Ride the rally of incoming BC
On going Phase E expecting preliminary Supply Soon ---> Climactic ACtion (Buying Climax *BC) Estimated BC as per P&F Chart -Law Cause VS Effect
Currently possbily ongoing Phase A Awaiting Confirmation of CHoCh (Change of character) Estimated Automatic Reaction based on P&F Chart (Law Cause VS Effect)
Short term trade. consider phase C developed, then expecing sos/lps soon timing for entry