grahammk

grahammk Updated 

Although a Bull Flag can see the price drop approx. 26% to $140 it allows the opportunity to trade the swings within the pattern buying and selling at Resistance and Support which could be very lucrative. Typical to see Lower Highs and higher lows as the pattern works to completion. When the price does break out from this pattern it can be a Very Strong move...

grahammk

Further to my previous chart that shows the potential worst case scenario, I believe this to be a more likely scenario although still short term Bearish. Needless to say the next 4 weeks will be very interesting. Tesla usually drops much faster than it climbs. I'm currently out and looking/waiting for a new re-entry point.

grahammk

I don't like being the Bringer of Bad News because Tesla is one stock that I'll be in for the next 8 years however these are just some of the signals I'm reading and so I'm predicting a short term Bearish move, especially if there is nothing of substance to prop Tesla up in the next few weeks. This may be a good opportunity to bank some profits and hope to buy...

grahammk

Missed the beginning of this one but looks right now that there is Plenty of upside from here.

grahammk

My comments on the chart tell my expectation. Keep in mind that the stock still could move up to $206 before breaking lower but for now I maintain a lower price expectation overall. Tesla is a very high Beta 2.0 stock that trades with Huge Volatility and volume with frequent swings of $8-12 and $15 which is fantastic if you have time to day trade and watch the...

grahammk

This new short term pattern is in keeping with a period of consolidation as I had mentioned in my previous chart though my long term indicators are still saying sell. Keep in mind that just last month we had a Pennant form that we Gapped Down from instead of up however these are Bullish continuation Patterns that are only about 55% accurate. If my long term...

grahammk

This was a Textbook Pattern of an Inverted Head and Shoulder with breakout. Unfortunately I didn't look at NVIDIA till today.

grahammk

Nothing much to say here. Overall we are now in Bear Territory and I fully expect another $20 dollar drop but it may take a few weeks to get there. April Q1 expectations are already not looking strong so nothing really in the offing to prop us up at this point. For those of you Shorting you're likely grinning from ear to ear and will do better than the rest of...

grahammk

After Breaking out of our Perfect Flag that signals a continuation pattern, UP, The Market Makers decided to put the boots to us early so either they know in advance that Musk will not have anything Impactful to say tomorrow or they are taking a chance that the Forum will be uneventful and started Shorting early. The last 3 hours there was miniscule trading...

grahammk Updated 

Now that we've broken out of our Flag Pattern that we were in I expect over the next 3 days to Retest our recent previous high at $217. If Investor sentiment is crazy enough we could punch through to $222 but I definitely expect a pull back before the weekend. After Hours Trading now closed and we're at $209.10....

grahammk Updated 

This is going to be an emotional week for Tesla Stake Holders and expect some big announcements many of which have already been leaked into the market however I expect EM to pull a rabbit out of his hat to surprise on the day. Investor strength is not very strong right now, in fact pretty indecisive however with some hype I expect a potential pop up to $222...

grahammk

Just looking at the trend lines for Resistance. It will either breakout with a Potential Rise of 15 to 20% from Nov.10 or it will drop to roughly low to mid $9 range before clawing back some of it's decline. The Momentum indicators will be key.