TSLA's big banks' mixed feelingsEarning reports coming tomorrow 2nd August.
JP and UBS depressed targets to 180, which is good half way down. However, Tesla has been under attack from quite some time and tomorrows will reveal the short-term future of the stock. I assume if negative results comes out, we will revisit the levels below 280. In positive scenario we might go back to 78% fib on ~350.
Current bottom, 304-307
Yearly
TSLA double top or another run for the cloudsI need to think about TSLA a bit more, here is my more detail setup. You can read my main reasoning in my previous idea "Tesla this year, basic setup". One think for sure, the company's exciting times just begin and even thou retraces, probably will never be back to those previous levels.
Cheers and happy trading
Tesla this year, basic setupThis is my basic setup for Tesla, the stock is very interesting and I do have something to say here:
the fact that $TSLA was keeping the stock above 300 for such a long period of time is strong signal of the future to come. Let's be honest here, it was show of muscles as Tesla is in the end of the day a tech company more than it is a (traditional) car company. It doesn't need to sell as many cars as $F , $GM or $VOW3.DE the same way, apple didn't need to sell as many windows computers to become as big as it is. Another huge point here is, people love their Teslas. Branding is very tricky think to put value on and it is reflected in the stocks somewhat, but we won't see it the earning reports.
Last but not least, $TSLA have always had, somewhat, bigger oscillation than other stocks (from those I look at). That said, the push above 300 was due to new factors, such as announced (new) products and the 5% equity sell to investors. I personally look for new levels back to 285, and the old resistant/ new support 265-ish. Going back to the oscillation point, usually it goes around 2 weeks up and 2 weeks down, this time it has been steady up for a whole month. This might suggest 3-4 weeks way down too.
There are not many companies, which are future proof. After all the R&D for model 3 is done, there are no significant spendings in the coming year. Very exciting stock.
I've long position since 256, but I'm looking for new trades and will use this idea to my strategy.
Wish ya happy (and safe) trading folks.
BRLARS @ +49,07 % one of best performer (2016) of 1842 pairs !Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
1482 Cross-Rates (2016 Statistics) @ drive.google.com
Best regards
Aaron
EURBGN @ 0,00 % lowest performer (2016) of 1842 pairs !Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
1482 Cross-Rates (2016 Statistics) @ drive.google.com
Best regards
Aaron
BRLARS @ +49,07 % one of best performer (2016) of 1842 pairs !Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
1482 Cross-Rates (2016 Statistics) @ drive.google.com
39 Currencies (2016 Statistics) @ drive.google.com
Best regards
Aaron
EURBGN @ 0,00 % lowest performer (2016) of 1842 pairs !Take care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
1482 Cross-Rates (2016 Statistics) @ drive.google.com
39 Currencies (2016 Statistics) @ drive.google.com
Best regards
Aaron
DOW JONES Long-Term Forecast2016/11/18. Dow Jones Industrial Average index forecast for next months and years.
Dow Jones forecast for November 2016.
The forecast for beginning of November 18308. Maximum value 19209, while minimum 17035. Averaged index value for month 18169. Index at the end 18122, change for November -1.02%.
DJIA forecast for December 2016.
The forecast for beginning of December 18122. Maximum value 19014, while minimum 16862. Averaged index value for month 17984. Index at the end 17938, change for December -1.02%.
Dow Jones forecast for January 2017.
The forecast for beginning of January 17938. Maximum value 18919, while minimum 16777. Averaged index value for month 17871. Index at the end 17848, change for January -0.50%.
DJIA forecast for February 2017.
The forecast for beginning of February 17848. Maximum value 18887, while minimum 16749. Averaged index value for month 17826. Index at the end 17818, change for February -0.17%.
Dow Jones forecast for March 2017.
The forecast for beginning of March 17818. Maximum value 19416, while minimum 17218. Averaged index value for month 18192. Index at the end 18317, change for March 2.80%.
DJIA forecast for April 2017.
The forecast for beginning of April 18317. Maximum value 19572, while minimum 17356. Averaged index value for month 18427. Index at the end 18464, change for April 0.80%.
Dow Jones forecast for May 2017.
The forecast for beginning of May 18464. Maximum value 19587, while minimum 17369. Averaged index value for month 18475. Index at the end 18478, change for May 0.08%.
DJIA forecast for June 2017.
The forecast for beginning of June 18478. Maximum value 19685, while minimum 17457. Averaged index value for month 18548. Index at the end 18571, change for June 0.50%.
Dow Jones forecast for July 2017.
The forecast for beginning of July 18571. Maximum value 20670, while minimum 18330. Averaged index value for month 19268. Index at the end 19500, change for July 5.00%.
DJIA forecast for August 2017.
The forecast for beginning of August 19500. Maximum value 20733, while minimum 18385. Averaged index value for month 19544. Index at the end 19559, change for August 0.30%.
Dow Jones forecast for September 2017.
The forecast for beginning of September 19559. Maximum value 19696, while minimum 17466. Averaged index value for month 18826. Index at the end 18581, change for September -5.00%.
DJIA forecast for October 2017.
The forecast for beginning of October 18581. Maximum value 19368, while minimum 17176. Averaged index value for month 18349. Index at the end 18272, change for October -1.66%.
Dow Jones forecast for November 2017.
The forecast for beginning of November 18272. Maximum value 19430, while minimum 17230. Averaged index value for month 18316. Index at the end 18330, change for November 0.32%.
DJIA forecast for December 2017.
The forecast for beginning of December 18330. Maximum value 20402, while minimum 18092. Averaged index value for month 19018. Index at the end 19247, change for December 5.00%.
Dow Jones forecast for January 2018.
The forecast for beginning of January 19247. Maximum value 20102, while minimum 17826. Averaged index value for month 19035. Index at the end 18964, change for January -1.47%.
BLUE CHANNEL- Weekly UP since 2009
RED CHANNEL- Short-Term down *broken
GREEN/RED- Weekly Key HIGH/LOW Levels
Gold/USD (XAU/USD) Key turning points to watch?Gold reached a 38.2% retracement from 52 weeks low, wich would be a Key Point to watch. Also it is struggleling or just above a Yearly Pivot Point, the blue Box'n'Lines are monthly consolidation resistance areas. I am watching this to develop further.
Edit: It also is at 38.2% retacement from 4 weeks high w/ Pivot Point 1st support at 1222.45 and Pivot Point 2nd support at 1211.60.