TESLA - The Storm Won't Last Forever🌈Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
📉 TESLA has been overall bearish trading inside the falling red channel, and it is currently retesting the lower red trendline.
Moreover, the zone 55 - 70 is a strong demand zone.
📊 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green demand zone and lower red trendline. (acting as non-horizontal support)
📕 As per my trading style:
As TESLA approaches the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
ELON
DOGE - Wait For The Bulls!🐮Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on WEEKLY: Left Chart
DOGE is approaching a strong demand zone in blue so we will be looking for buy setups.
on H4: Right Chart
DOGE formed a channel in red but it is not ready to go yet.
Trigger => for the bulls to take over, we need a momentum candle close above the last high in orange.
Meanwhile, until the buy is activated, DOGE can still trade lower inside the blue demand zone, form a new swing high and then break it upward for the bulls to take over.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
TESLA Is this low price inevitable?Tesla Inc (TSLA) is having one of the worst months in history, breaking below the 1M MA50 (blue trend-line) for the first time since October 2019. The 1W RSI hit the oversold level (30.000) similar to May 2019 but that alone may not be enough to give the stock the much needed Support.
Even though on the May 2019 low the price rebounded just above the 0.382 Fibonacci level, it was most likely the 1M MA100 (green trend-line) that saved the day and provided Support. That is currently considerably lower at 87.50.
What's even worse is the fact that the bottom of historic Channel Up on the log scale that Tesla has been trading in since its IPO, is much lower. Is this test inevitable for the stock? If the current macroeconomic conditions don't shift back to those of low borrowing costs that empowered Tesla's rally the previous years, then the situation can get considerably worse.
What do you think? Is this inevitable?
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$O Childhoods End ✨ Target PT .10The live Childhoods End price today is $0.000014 USD with a 24-hour trading volume of $22,089.15 USD. We update our O to USD price in real-time. Childhoods End is up 2.40% in the last 24 hours. The current CoinMarketCap ranking is #4272, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.
OCEAN : THIS IS ONLY THE START OF AI BULLTRENDOCEAN still holds the important BOTTOM TARGET of $0,115 and we expect depending on the difference data that 0,115 are the bottom.
We Expect that This is just the start of new AI trends that will play on markets coming time, most coins could fall, but we still have expected that AI can do great coming time, and especially OCEAN as the Top 1 AI coin on the crypto markets.
This update showing still that OCEAN is able to break out in the coming time, with the important target of $0,34
AI can do much higher than NFT and DEFI did.
it's a new future trend that can change the world, since Elon musk with the upload of OPENAI
Dogecoin breaking out on the weekly TF!!!Hi Everyone,
As you know, Elon is now officially Twitter CEO and Dogecoin always follows Elon's news.
It's breaking a long-term downtrend channel now on the weekly TF. If it closes above the upper trendline of the channel then the retest around ~0.08 would be a good buy opportunity for a further uptrend.
Please hit the boost button if you agree.
Thanks.
OCEAN : THE FIRST BREAKOUT EXPECTING $0,34This update depends more on the breakout possibility.
The first expected movement where This coin could go coming time is the target of $0,34
Daily we try to study more about this coin since we see the increasing view on DCA wallets, This makes us expect a cycle to start on this coin, and it's only about time before it can show the trends.
These points make the coin interesting
1. DCA
2. increase lock wallets. 4.4%
3. Increase holders
4. increase partnerships
5. AI trends
And other private views on this coin.
AI becoming still interesting also since ELON musk's OPENAI launch.
Data + AI can have a great future since OCEAN is the top 1 AI coin.
We did ask OPENAI about the market cap, OPENAI are able to code and to more things
We did ask about the possibility of hyping AI and products of AI as OCEAN
we expect that this is the coin that is able to do the same as the precious historical coins that increase with high % rates.
That's why this coin is also able to do $1.29
The same view from 2021 seems to re-enter
Do always study, this is our view about this coin and not trading advice.
DOGE - Bulls & Bears, 12/12/22Hello,
Pull back to .618 complete, looking for reversal pattern to go long, or possible level failure scenarios shown here.
New support vector formed on A long wick doji candle just above previous bullish channel support vector. This feels bullish, at least short range. Though structural collapse can happen in spite of that.
RSI is compressed into over sold. Potential to break out.
Also have some big level left untested down below, and we have completed some nice wave counts to be into a bear market now.
Fear is building in the markets … is doge our savior?
Go Doge Go Doge Go!
Good luck, God Speed, love & Light to All :)
Whats your favorite forecast here? Comment below, and follow along for updates!
OCEAN : THIS IS ONLY THE START : LOW TIME TARGET CHARTWe did upload before about the interesting view that AI can have coming time, and we did explain why AI will show huge trends coming time since also Elon MUSK investment and the launch of OPENAI.
OCEAN is the top 1 AI coin on the crypto market, on this reason they are able to be the BEST AI coin we know at this moment on the market of crypto.
more info about the previous update check this indicator expecting 600%
For the low time and high time expecting we have the next targets.
$0,34 for the low time
$1.29 Golden Target
$14 for the hype goal target
Depending on our study is this a coin that can do the unexpected view on different reasons we did a study
It's a coin that is already on the golden cross, and with time we expect we will see breakout after breakout since whale DCA is active, and this means a lot. Further, there is more interest in partnerships with investing companies on this coin.
DOGE - Wait For The Bulls!🐮Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
DOGE is currently approaching a strong support zone in green.
After breaking below the last major low, the bears are currently in control.
For the bulls to take over again, we need a break above the last major high and upper orange trendline.
Meanwhile, we can still dive inside the green support or even break it downward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
TESLA is becoming a sexy looking buy! ENG
1. I truly believe the entire market has more downside than most investors expect.
2. TESLA has been insanely punished just based on Elon's purchase of twitter and everyone being so very mad at him for buying a social network no one used to use.
3. TESLA's fundamentals are stronger than ever, specially considering they're starting to roll out the Semis, The new Charging cables will be included on Cybertruck (which is also coming soon), TESLA BOT is also a major revenue avenue, etc...
SUMMARY: Tesla might go to $140 (that's the bottom of the channel in it's current downtrend), and that makes it obscenely cheap in my opinion.
At that price, even with a recession coming up, might be worth buying simply based on the bear market rallies we've seen so far this year.
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ESP
1. Realmente creo que todo el mercado tiene más para abajo de las que la mayoría de los inversores esperan.
2. TESLA ha sido increíblemente castigada solo por la compra de Twitter por parte de Elon y por el hecho de que todos están muy enojados con él por comprar una red social que nadie usaba.
3. Los fundamentos de TESLA son más fuertes que nunca, especialmente considerando que están comenzando a entregar Semis, los nuevos cables de carga se incluirán en Cybertruck (que también estará disponible pronto), TESLA BOT también es una importante vía de ingresos, etc. .
RESUMEN: Tesla podría llegar a $ 140 (esa es la parte inferior del canal en su tendencia bajista actual), y eso lo hace obscenamente barato en mi opinión.
A ese precio, incluso si se avecina una recesión, podría valer la pena comprar un poco simplemente en función de los repuntes del mercado bajista que hemos visto en lo que va del año.
TLSA bears in full swingtsla boys about to get rekt it seems. moreso than they already have. lots and lots of hate out in the world for Elon at the moment, i think perhaps tsla will become a target since twitter went private and no one can short it. tsla is going to have rough times with the world moving to EV but ignoring the market leaders. seems suspicious as to why that would be the case, esp since his hands have been held by the alphabets the entire time. questionable at best but its not hard to see more downside for this asset at best. will follow the market if the market as a whole continues to downtrend. taking out the lows is positive for the bulls, but if momentum continues to wayne and elon continues to be targeted then more downside to come
TESLA's short term downtrend ENG:
- I adjusted the tend line going from the top to the bottom of the channel just a bit.
- Once adjusted, you can see price using it as a support on it's way down.
- RSI losing strength
- And all the negative press Elon Musk is getting will continue to get worse for a bit with the release of the Twitter Files.
TESLA is one of the very few things I'll buy when I deem it to be BUYING TIME.
For now, we wait.
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ESP
- Ajusté un poco la línea de tendencia que va desde la parte superior hasta la parte inferior del canal.
- Una vez ajustado, puedes ver el precio usándolo como soporte en su descenso.
- RSI perdiendo fuerza
- Y toda la prensa negativa que está recibiendo Elon Musk seguirá empeorando un poco con el lanzamiento de los archivos de Twitter.
TESLA es una de las pocas cosas que compraré cuando considero que está COMPRANDO TIEMPO.
Por ahora, esperamos.
Twitter-Apple feud all in Elon’s headTwitter owner and Chief Executive Officer Elon Musk told a Twitter Spaces conversation on Dec. 3 that Apple has fully resumed advertising on the social media platform.
Musk noted that the iPhone and Mac manufacturer is Twitter's largest advertiser. Its return to full advertising on the platform follows a meeting between Musk and Apple CEO Tim Cook, wherein they "resolved the misunderstanding," which could have escalated tensions between the companies to the point where Apple would remove Twitter from its App Store.
Near the end of November, Musk tweeted that Apple has "mostly stopped advertising on Twitter" with a question whether the company hates "free speech in America." Musk also claimed that Apple threatened to remove Twitter from its App Store without an explanation, following it with a Twitter poll asking if Apple should "publish all censorship actions it has taken that affect its customers."
Following his meeting with Cook, Musk said his counterpart was "clear" that Apple never considered removing his company from the App Store.
Twitter's advertising problems beyond Apple
Even before the tensions with Apple, Twitter has been faced with other companies pulling out or reducing ad spending on the platform, particularly following Musk's takeover of the social media company in late October.
Musk's plans to revise Twitter's system of handing out blue check marks for verified account through an $8 monthly payment did not sit well with many companies after initial rollout resulted in a number of impersonation incidents that affected brands on the site. There were also worries regarding the new owner's approach to content moderation and account suspensions, among other issues.
Musk has since paused the verification program, with plans to revive it once concerns with imposters have been resolved. The next phase of the verification system is expected to include color-coded check marks that will distinguish the verified accounts for companies and government officials from those for individuals.
Roughly 90% of Twitter's revenue is generated through advertisements. With big brands including General Motors, General Mills, Mondelez, Volkswagen AG's Audi and Pfizer Inc. deciding to pause their ad spending in recent weeks, it is no wonder Twitter is scrambling to avoid further retreat from happening.
In an effort to retain advertisers, Twitter has ramped up its incentives offering to the point where it will match an at least $500,000 spending increase commitment with a "100% value add", up to a $1 million cap, various media reported, citing an email from the company. It is being pegged as the "biggest advertiser incentive ever" on the social media platform and is valid for advertising that runs before the end of 2022, according to people familiar with the matter.
To alleviate some concerns, Musk had also been reassuring advertisers both publicly and privately that Twitter will remain a safe space for brands. He also encouraged companies to publicly air their concerns about the site by tweeting at him.
Elon implements Crypto at TwitterElon is bringing the heat. after releasing the media coverup story of the decade, has gone on to announce that his newly acquired twitter will be implementing crypto features shortly. Meaning that purchasing your twitter badge subscription along with other features causing real world adoption for crypto to start. lots of folks dont see the practicality, but knowing Elon he will adopt this by accepting memcoins such as doge, shib, and perhaps his namesake dogelon mars. Just a guess but 25k% on the upside aint a bad bet to take. goodluck out there traders
The Secret Behind TSLA's 8% Jump on 11/23 - just getting startedI noticed the stars aligning on TSLA, and now much that has happened since Elon took over Twitter is starting to make sense.
1) Elon mentioned back in October it was likely TSLA would do a $5-10B buyback
2) Biden's inflation reduction act creates a 1% excise tax on all Stock Buybacks starting 1/1/23. At a $10B buyback, this represents a $100,000,000 unnecessary liability to the company - meaning Tesla is either going to do a buyback before end of year...or never. A $10B leaves the company in a very strong position w/ a Debt Ratio of .27. The benchmark for a strong company is .4 - meaning Tesla could easily buy back anywhere between $10B or as much as $13.5B of stock and stay in a strong position.
3) TSLA's super hyped and long anticipated Semi 1st delivery event is slated for 12/1. These events have typically sent TSLA shares soaring (even the cybertruck debacle)
4) The chart below shows abnormal relative volume by time period. I recognized a similar pattern when Elon was SELLING shares to finance Twitter earlier this month. Tesla's board isn't dumb and w/ Elon as CEO knew this would depress the price and create a buyback opportunity.
5) Tesla is presently flush with cash ($21B) and has easily manageable debt ($3B). A $10B buyback at $170-180/share would equate to 56M shares. Tesla's 3M average daily volume: 74.7M - volume today: 108.2 (45% ABOVE avg volume) - 33.5M excess shares. This likely indicates TSLA bought back around 25-28M shares.
6) TSLA is well in the green this year - yet the don't issue dividends. I'm not 100% certain on this point, but I believe a company purchasing it's own stock can offset profits and reduce it's tax liability. Tesla doesn't issue dividends, so there's no reason to hold the cash reserves to incur the 21% corporate tax rate. Add to this the fact that the stock got crushed the last 2 months - falling from $308 to $168 (45%), and every Tesla share holder is very eager to stop the bleeding. What to do...what to do???
7) Elon's tweets have been a hotbed for moving TSLA, DOGE, and TWTR shares in the past. Since the Twitter takeover, Elon has been mostly mum aside from some very vanilla posts about TSLA - nothing that would dramatically impact the price.
8) Short volume, while not excessive, will add some fuel to the fire as they cover positions.
Tesla will rebound in dramatic fashion the next few weeks as will the broader market. Corporations saw record profits in Q2 of this year, and if my assumptions on buybacks reducing a corporations tax liabilities are correct - the entire market will likely see a very merry santa rally. Even if a corporation is forced to pay tax on stock buy backs that is similar to corporate tax of 21%, delaying beyond 12/31/21 makes zero financial sense for companies in a strong financial position like Tesla.
My very bold prediction: Tesla finishes 2022 in dramatic fashion over $250/share. Closer to $300/share isn't out of the question.
$TSLA entry PT 126-ish Target PT 350Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products to third party customers; services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.
Tesla Chief Twit bringing down the company to $102.85Head and Shoulders has formed on the Daily chart with Moving averages all looking down 200 > 21 > 7 .
The first target from the last analysis (ongoing) is $102.85
Bearish
Has Elon Musk Bitten off more than he can chew or are there signs he is slowly getting out of Tesla and focussing more on Twitter, Neuralink and SpaceX?
Only time will tell.
SPY BREAKING OUT... OR JUST ANOTHER STRESSFUL FALL...From my last post, we have now broken above the .236 level and have continued to hold the .382 level to make the wave 4 valid and now looking for a wave 5 rally to $411+. If you are confused by the red lines those are support lines I have added in longer time frames or during the trading day. You can see we did not break the red lines also for even more confirmation for a wave 5 rally.