4000 is my target, give or take. Follow the demand
Along with previous short/put ideas, TSLA also has the added issue of its Meme stock leader selling billions of dollars worth of shares, whether to fund his $TWTR buyout or not.
technicals and fundamentals (in my opinion) lean negative here, expecting a drop. Musk also planning on buying TWTR
Shorting this, everything? Megaphone pattern on the daily/weekly-bearish, up to resistance on daily and failing. BTC failing, S&P failing, TSLA earnings cheeky and seemingly BS, NFLX part of FAANG anymore with its fall from grace. EW.
TSLA had questionable earnings report, most thinking they may have fabricated numbers to make it sound better than it actually is. Plus, chart is shite.
Fundamentals: ~1mil shares, new $2.25 dividend, EPS over $103 Technicals: retesting high tested multiple times before.
After a previous massive run up like it had-yes due to a Trump pump-it needed to cool down. At this level, even a "dead cat" bounce is likely to around $4. A rounded bottom would be even better. They have a legit company here with revenues and finally positive earnings. They also have a crypto app and token/coin.
Broke out of Aug 2020 triangle pattern. Retest now or not, it will be a good trade here. Not to mention brilliant fundamentals with the impending inflationary explosion.
Patience is key. Let them take out the stops, the take profits, wicks multiple directions, cool, and go.
After break, likely stop just under .35. No psychological resistance or technical resistance in between.
Above diagonal support line, small inverse head and shoulders pattern, strong coin at the moment with fundamentals supporting it. Triple test needs to be confirmed.
Crypto.com or CROUSDT pair is priming to move back up after falling into the wedge pattern and basing. Ready to break out of pattern soon on the 5 min chart (I realize this is a 30) Plus this actually has a legit company behind the technical chart details.
Hovering around the diagonal resistance line, ready to pop above it. Silver has been due for a while now, but looks like the time is very soon.
Bought at .05 after pullback on initial breakout fakeout. It will have its day, massive volume and loading