Buy the bottom of the bottom of the bottom. It's the only chance to catch the lowest point in Polestar's history. The purple trendline originates from the lowest points when the volume was at its highest, attempting to force the capitulation of all retail investors and a few hedge funds. If I weren't already fully invested in this stock, it's exactly at the...
Stop buying the dip. You won't be rewarded. It has been exactly 85 days, 58 market opening sessions, that the stock has been continuously plummeting, non-stop, with an 82% decline, without once regaining any previous high. When I mention levels, I mean a previous peak. Start buying when one of my levels: short attack or imbalance, is regained. No need to rush....
The TSLA chart indicates a notable presence of lower gaps that are yet to be filled. These lower gaps signify potential areas where the stock might experience downward movements to reach previous price levels. The current situation suggests that if the support levels represented by rectangles do not hold, there is a higher likelihood of rapid downward...
"Swedish EV maker Polestar misses target for 2023 deliveries" Polestar has not reached its delivery target for 2023. The brand delivered around 54,600 electric cars worldwide last year, falling short of the annual target, which was recently lowered to 60,000 electric cars. -40% is the drop that NASDAQ:PSNY experienced during the previous earnings...
Hello Traders, welcome to today's analysis of Tesla. -------- Explanation of my video analysis: All the way back in 2019 Tesla broke out of a longer term falling triangle formation. This breakout was followed by a crazy pump of more than 1.500%. At the moment Tesla is once again forming a falling triangle formation and if Tesla breaks above the resistance...
Hello Traders, welcome to today's analysis of Tesla. -------- Explanation of my chart analysis: Tesla has been trading in a triangle continuation pattern for a very long time now. We saw the same type of pattern back in 2019 followed by a 1.500% pump. A breakout above the current resistance trendline could lead to a similar price behavior. -------- I will...
Rivian (RIVN) gave us a great break-out buy entry on our previous November 29 analysis (see chart below) as it broke above the Inner Lower Highs and hit our $21.00 target: The pattern that is now dominating the 1D log chart is a Channel Up. The 1D MA50 (blue trend-line) is about to negate the recently made Death Cross and cross back again above the 1D MA200...
Rivian Automotive (RIVN) remained supported within the (green) Higher Lows Zone and on a significant Bullish Divergence on the 1D RSI (in the form of a Channel Up). This is an early bullish sentiment signal but the real technical catalyst is right ahead. That is the Triple Resistance zone consisting of the Inner Lower Highs trend-line as well as the 1D MA200...
We have presented our short-term view on Tesla (TSLA) 3 weeks ago (see chart below) when we issued a buy signal on the Inverse Head and Shoulders (IH&S) bottom pattern that transitioned into a Channel Up, similar to the Aug 18 - Sep 15 bullish leg, that is very near to hit the $250 target as part of the Lower High formation on the 4-month Channel Down: On the...
Tesla (TSLA) has been trading within a Channel Up pattern ever since the January 03 2023 market bottom. Since last week, it is staging a rebound sequence as it hit and held (closed 1W candle above it) the 1W MA50 (blue trend-line) which happens to be on top of the 1W MA200 (orange trend-line). Technically that is the bullish leg towards a new Higher...
Rivian Automotive (RIVN) hit the Higher Lows Zone and the 1D MACD is close to forming a Bullish Cross. This is a strong bullish combo signal but attention is needed as the price is below both the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line). The pattern since the July 27 top is a Bearish Megaphone and Tuesday's low isn't only a Higher Low on the...
Perhaps I am completely naive, almost certainly, lol... in my opinion, a bullish movement is about to happen soon. To at least attempt to reach the resistance at $3.19. Surely the short sellers will take new positions. Each phase of bullish consolidation or distribution (depending on our perspective) has lasted about 90-95 days. But for me, we are currently in a...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
1. First buy signal with supertrend indicator 2. Gap to fill around $3.00 to $3.12 (Thanks to Barclays downgrade :S ) 3. Second gap to fill (Wall Street dropped the stock after last earnings/results) Before buying a few hundred or thousand shares, I'll wait for a consolidation of about 5-10 days, and especially for the EMA 9/20 to cross on the daily chart. Too...
Rivian Automotive (RIVN) broke yesterday below the Higher Lows 1 trend-line, which was supporting since the June 27 Low. With a clear rejection on the 1D MA50 (blue trend-line) the day before, this bearish break-out may create a Channel Down that could target the Higher Lows 2 trend-line. Until then, we have the critical 1D MA200 (orange trend-line) Support to...
Deliveries starting soon, marketcap is 1/3 of previous earnings cash value. Huge partners, revolutionary designs. This is my own opinion and should not be taken as financial advice. Own your own trades. NYSE:MGA , NASDAQ:TSLA , NYSE:UPS
Hi, Nio is a leading electric vehicle maker targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations such as battery swapping and autonomous driving technologies. Nio launched the...
Wedge break on exploding volume, in oversold conditions gapping above 50SMA. pt1 is 10% away if market gets legs watch this closely