moneyflow_trader

$tsla Video Analysis w/ Elliot Wave Structure & cup/handle

Long
moneyflow_trader Updated   
BATS:TSLA   Tesla
Hello Traders. I just completed my review of TSLA weekly & Daily Chart.. Key things I noticed were:
1) Elliot Triangle Wave
2) Cup/Handle pattern
3) The AD/Money Flow are both showing a cup/handle pattern on the weekly chart
4) Daily Chart Stoch RSI, is oversold

Disclosure: No position, will be looking to add this week.. Not trading or investment advice
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TSLA Daily Chart, Elliot Triangle Wave A-E
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Elliott Triangle Wave forming inside the cup and handle
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B leg of the previous Bat, this resistances has been flipped to support
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The Bounce was from the Demand zone
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weekly resistances flipped to support
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see the ascending triangle now to 400+
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The AD & Money Flow also showing a bullish cup/handle pattern . chart shown w/ spike levels
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everything is loading SPY TSLA AMZN NFLX AAPL QQQ everything that I covered in this weekend video analysis.. good luck ladies and gentleman ...
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short term trading: bear flag scalp
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I would like to see a gap down here Monday Premarket or near the opening. I would love to gobble up some cheap shares.
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I would like to see a leg down before upward movement to retest support levels. if no leg down then I can see TSLA breaking out of this ascending triangle w/ a target of $253.00
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something more ideal for my liking
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I dont think TSLA is done selling off, looking at the 1min chart before close Friday. Again, no position
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I saw similar sell off from the .1618 fib level on spx
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if it were to go the same route that SPY did before Friday close
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maybe an over reaction to $246.29-$246.57?? if in line and good news I see $253 premarket. The AD is already showing $253
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not taking an entry today, im give it a day or two
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AD showing a potential dump to $250... for a small risk, i'll likely add some calls at this level... but give my self time for the expiration... potential short into a bull flag will make a video
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very bearish if AD crosses down to the 50 moving avg... but bullish if price action holds up at the .618 fib near 249.17 will watch into the close to make final determination if im getting calls at the close.
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nice bounce from the 2nd .618 fib at 248.36, it must hold going into the close
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3min chart, The AD showing a confirmed bear flag... will more than likely revisit $248 before close, and cause a breach of the price action at that level
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im short into the close
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SPY etf 15min time frame, The Bear Flag is of great concern... The Apex is also before the closing bell. will know more tomorrow and will update the charts.. not trading or investment advice
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and just to be clear, we did get that $248 bear flag
Trade closed manually:
bear flag seen on 30min time frame on down on TSLL 1.5 etf
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30min video analysis of TSLA Bear Flag .. risked small profits
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I covered both charts in the video and a little more.
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