This a simple one with a destination in sight with multiple scenarios possible. Simulated projections gave rise to the elements in the project where potential support/resistance or influence zone might occur regardless of the path.
I have a slightly grim outlook for Tesla and won't be at all surprised if it slowly decreases in value ignoring the ultimate target, but will still look forward for the price action near the elements for potential reversals preferably with some Candlestick Patterns that include longer shadows.
There are some time zones highlighted in this project where I will be having a closer look at any signs for a potential entry in either direction. Hopefully a significant event will occur in at least one of them, maybe a longer candlestick typical run that can signal the start of a longer wave.
If the price reaches the longer slim red rectangle, I don't see this as a potential reversal zone, rather as a potential consolidation zone or even a zone with surprises where gaps can occur after a close near this one.
This is the blue print for the plan that takes into account multiple scenarios when preparing the Nen Zone for this Stock, and hopefully we will have some nice coincidences and synchronicities between the market and the elements to at least raise the question if the projections simulation exercise was relevant or at least interesting.
I have a slightly grim outlook for Tesla and won't be at all surprised if it slowly decreases in value ignoring the ultimate target, but will still look forward for the price action near the elements for potential reversals preferably with some Candlestick Patterns that include longer shadows.
There are some time zones highlighted in this project where I will be having a closer look at any signs for a potential entry in either direction. Hopefully a significant event will occur in at least one of them, maybe a longer candlestick typical run that can signal the start of a longer wave.
If the price reaches the longer slim red rectangle, I don't see this as a potential reversal zone, rather as a potential consolidation zone or even a zone with surprises where gaps can occur after a close near this one.
This is the blue print for the plan that takes into account multiple scenarios when preparing the Nen Zone for this Stock, and hopefully we will have some nice coincidences and synchronicities between the market and the elements to at least raise the question if the projections simulation exercise was relevant or at least interesting.
Note
Decent rebound for the green making a case for the validity of the "math" in this project. Would be interesting to see more of these throughout its evolution, even if its span is quite large in time.Note
Looks like the red has become resistance. If the green doesn't hold and the earnings make the stock keep losing value, the only scenarios left are at the time stamp and the question of where/when will the red be broken again on the up.Note
Some rebounds at the red but perhaps not a complete powerful rebound.Note
Interesting consolidation price action in the first marked time zone. Don't know if the market will be able to keep up with this for the whole duration of the zone, so something might pop one direction or another eventually.Note
Here it is near the marked time stamp somewhere around the previously designed yellow arrow. Will this really go for the bull's eye? I don't know. Some might want to wait for earning report to see the show unfold. Note
The level of the bull's eye dot has been touched (184). From this point in time the target doesn't actually matter anymore. Hopefully the target is not reached in time because it would have devastating consequences for the theory of random markets and moving unknown variables and factors. Like inflation. Wars. Geopolitics. Politics. The Moon. The Sun. Schumann's frequency. The Earth core. Black Holes merging in far space sending gravitational waves... I love black holes. Theoretically that is where the nen information is downloaded from. The Singularity. Where Time doesn't exist. The gate to the Source of the Universe that simulated this Matrix before it created it. Spoiler alert. ...
Note
support found at the end of the red rectangle zone but the long does not look appealing in this setup. I could be wrong...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.