timwest
Long

Tesla Motors TSLA - What happened in the past after 8% up days

NASDAQ:TSLA   TESLA INC
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10
Just a quick graphic to show you what TSLA has done in the past after a big 8%+ run-up day.

I filtered out the ones that didn't happen after a period of relative quiet - by avoiding the ones after big, sharp drops.

Perhaps a slow, grinding rally going forward.

Tim

3:55PM EST, 6/16/2014 224.00 +17.58 last, +8.52%
Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com

Comments

Tim - your charts have been priceless. Thank you for the work that you do!
+1 Reply
timwest Mafayewe
Thanks Mafayewe! Thank you for letting me know. And feel free to subscribe to my "Key Hidden Levels" scripts in the "marketplace add-ons" section of indicators. (Sorry for the shameless self-promotion, but I think they really help and will give you an edge.) All the best, Tim
Reply
I agree - some profit taking on the following days will highly occur.
+1 Reply
Thanks,which one do you think will happen blue, purple or green according to your analysis?
Reply
You beat me! I was just making a similar chart!:) I remember you like to do them
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