Tao looks like what RNDR did in 23-Q2. Max bid around 250 to 275$ whenever it comes.
Bearish only acceptance below 24.3K. Expecting high for this year to be around 44-45K. Any pullback to 24-25k range after mentioned high is pullback, should be used for buying.
One good green candle above last 5 day’s consolidation will confirm the momentum. Invalidation ~ Closing below the range high.
Time to fade this BMR aka bear market rally around 0.64$. For Bull to take control, price need to take support at mid level around 0.35-0.38C. If fails, 0.10~0.13C would be good levels for investment.
Losing Mid range will help market to breakdown to Range Low. Mid-Range is Key level to watch
Scenario 1 would be ideal case if we think Bottom is in.
Staying above 103.75 will confirm the ST reversal.
Expecting this demand level(103-105) to hold going into Dec FOMC. Bullish Divergence in play to support the thesis. Time to fade this move.
S&P looks tired may reverse now looking at DXY. Or 4200 in cards for range high visit.
Expecting roundtrip to range low once DXY reverse. Deviation and under touch 43c would be trigger.
Expecting Mid Range ~ 166 soon, and if that breaks, will open gates to lower 150-155
If breakdown from 15th Sep is deviation, current price should hold this level for LONG target of 1800$. Again, if price breakdown below 1675$, will look to SHORT for the target of 1460$.
Wouldnt be surprised to see the fractal coming to life in coming months. Resistance at Red Box (3850-3900) going to be tough to break. Next Support 3230.
Only pain if we reject 4200-4400 range in coming days.
Expecting big reversal from here to 14000 as potential bottom.
Expecting resistance around 1925-2000$. Targeting 1200-1300$ and if it breaks, one can see range lows of 900$ gets visited.
Time to go All-in have not yet come. For now give me 9500.
Not really good time to be bullish on Tesla. Expecting Range low and even lower to be visited in coming months. Target 1 ~ 525.