A bearish flag is setting up for a nice break to downside. short at the break of flag for new leg down. Potential leg down is the length of the flag pole.
A classic Head and Should pattern looks like it is forming. short at neckline if breaks for a target around $7.50 take profit area. Length of head to neckline of setup equals the measurement of the target.
There is clear bear flag setup, short at the break of the flag for a potential target to $5 which is the same length of the the pole of the flag
There is a major bear Flag Formation with a major downward channel representing the flag. First target is $4.75.
TSLA is forming a pennant and the price has bounced off the upper and lower lines. Possible bounce soon at the 210-220 range.
Bearish Downtrend Channel intact with a a major gap at 45. Stock's MACD is flipping red and the squeeze inverting negative as mentioned in prior post
PYPL chart is heading lower with a the MACD flipping red and the squeeze indicator rolling down and inverting the squeeze. As it intensifies, the price stock will continue to be under pressure.
Monthly chart is everything long term. TSLA has finally forked off its previous rising channel since IPO. Now, it has created a new channel. This is extremely bullish since it is just the start! Squeeze mod and MACD is also curling to a bullish long term run.
Massive bearish Head AND Shoulder formation with a crack below neckline. length of head to neckline = projected drop to downside. Technical Price Target of around $13.95.
After breaking out of a massive bull flag, the recent rise is projected to hit a short term technical PT of $385. Remember, length of the Bull Flag pole = Project rise.
There is a long term rising channel forming, based on technical price target, we see a high of the channel at around $3,230, middle of channel of around $1,050, and low of the channel of around $350 by January 2025.
Heading lower, there is a gap at $4.75, Sell and short on any local rally.
The downward channel I still intact, lower highs lower lows still playing out with many bearish flags setting up. There is a major gap at around $4.74 that needs to be filled.
TSLA looks like it has hit a Double Top on the daily chart, this is a bearish indicator. Stock is currently still trading in consolidation.
This is a weekly chart of Tesla setting up with a very bullish F Flag. I applied an Elliot Wave on top which shows that its 2nd Wave is completed with ABC local waves also completed. This marks the start of a 3rd wave which is also the longest wave.
Nio has finally setup a nice BEARISH F FLAG. Watch for a break below the flag. Short at the break and follow thru with a new leg extension. There is a gap that needs to be filled at $4.78
Nio is in a dangerous zone, it recently broke down its bearish f flag. the stock has been in a downward channel with many bearish flags continuing to play out, a new leg has been created. the target now is the leg of the previous leg of the previous flag. there is also a support from 2019 which also correlated to the price target of $3.88. continue to short from here.
Nio stock broke the support line and bearish flag and is heading lower. First target is at a gap that hasn't been filled at $4.75