📍 In the realm of Tesla, patience is sustained courage although the struggle for valuation is evident. The overstretched manoeuvre is identical to the struggle which we traded earlier in the year. It is obvious for any of those that have studied the Tesla supply chain that outlooks and expectations at current valuations are unrealistic. What is surprising, is...
Played off the close yesterday holding the .382 showing $TSLA aiming higher. looking to see a close over $1000 today to ride to -.236 for 1055. Also just bought a Model S today so it only seems right.
Hello! Current market shows possible continuation up to 950 zone. But you have to be ready for everything, so you may want to set few orders to buy next month in zone of 560-670. If you have TSLA shares, you can hold them up to 950 or even more, cause the market seems to be bullish and tech-companies will survive ;) DISCLAIMER: If you following somebody with...
Everyone is shorting tesla when we just started a parabolic run! Human psychology 101 fight the trend... this is clearly bullish and everyone is bearish New paradigm is incoming! The first sell-off just happened Not much more to say here other than I am loading more USD from my bank to buy more Tesla :) Stay profitable
Original tweet at May, 1, 1PM UTC twitter.com
Bearish divergence showing up on this gap 'n crap
Looking at past market corrections, 2020 is a new beast. There is absolutely nothing in history that had us crash this fast and this hard. This leads me to believe that a bounce up should be higher. In my last TESLA update i did post this as secondary count. I feel the SP500 index needs to go higher prior to retest of the lows, just looking at certain...
Updated count of TSLA. Tesla's correction should have been complete at the $650 range and .382 fib retracement but market panic elongated the correction. So we have a failed impulse wave 1, which per elliot now becomes a wave X After an X wave we are looking for an impulse Y wave down consisting of 5 sub waves. Judging by the 30 min chart we seem to have...
Our last TA on SPCE was pretty acurate we got a bounce just above our target with just .20cents off. I'm always a follower of trading range lines or highs lows in predicting pull backs. As of now at closing we are at $26.50 with the low of $25.71, which is marketed on this graph since aftermarket price movement isn't shown due to low volume, yet we all know SPCE...
First off, I would like to say that I believe in Tesla and Elon Musk. But this parabolic rally is entirely unsustainable and is fueled by hype similar to cryptocurrency and 2000 Dot Com Bubble. I called the dip to $750 and subsequent bounce to $950. I have been short biased since $958 and will add above $1,000 if we get there. We might have another push up, but...
For those of you who don't know, I shorted Tesla at $950 and am holding it for a swing trade. I'm currently ~30% in profit in a few days. However, this looks primed to go up and fill the gap above at $900. At this point, it is too soon to tell if we go higher than $900 (green line) and make new highs but I want to be hedged against my position in case we blast...
We are looking more deeply into Tesla's technical potential after its very aggressive (and continuous) rise since October. We were among the first to enter this rise early at 205.50 posting that trade back in May 2019: Needless to say we didn't expect it to rise that strongly on such a short period of time. This is a parabolic move on the 1W chart which...
Tesla has a stock limit. It may look like its running way out of what we thought was possible, but it's just reaching similar peaks as it did in the past. This logarithmic graph shows their exponential growth in linear terms. I predict they'll peak at 525 or at 580 before returning to more modest numbers. It may run over those numbers if people see the stock as a...
After longing the bottom of this pitchfork formation, TSLA has put in an impressive 5 wave rally to test the topside of this pitchfork. Alongside this formation, tsla has breached 80 on the RSI again like it did back in November, and is 50% above the 200DMA for the first time since 2017
Tesla has been in downward moving channel for 30 weeks. If Tesla delivers a record number of cars in this quarter, the stock will have significant upside potential. There is also 7 week triangle formation in the making. Triangle can be both continuation and reversal types. I believe if tesla delivers in this quarter, stock will move up. I am planning to invest...