tesla has been coiling. It has not retraced to the breakout zone. Many participants are bullish and trying to chase a breakout
Detection of a bearish harmonic pattern “BAT” in Weekly The 38.2% Fibonacci around $180 is a potential rebound zone. In Daily / I detected a bullish BUTTERFLY which will seek the EMA.200 and 50, as well as the Gap around $242 Caution.
The market almost closed positives today in the back of tech stocks rallying. A massive gap down was bought up off the lows today. Banks continuing's to sell off despite yields and the dollar cooling off today.
These are projections based on my form of technical analysis. So far regarless of the sentiment we remain in a lower time frame uptrend. We are at a downtrend started from the end of 2021 and with the market fearful the trend could easily change. My bullish projection for a gap and go is 320 My bearish projection would be 196 with a wick and close at...
NASDAQ:TSLA is my bread-and-butter stock. Yet I remain unbiased until a I have a reason. That being said, even with today's bearishness we still have much to break to the downside. I see a reason to be bearish with selling being seen into these pops, and typically that's something to note, but in the same breath this can cause tension on the sell side, making...
So most of my trading is done on my own stream during the day, where price opening tells me MOST of what I need to know about the stock going forward and we have straight forward rules for that. Currently we are still trying to break a WEEKLY downtrend, and battling to resume a lower time frame uptrend. Have a great trading week!
As forecasted in the previous video, we saw downside as a wave (4). The main expectation now is that wave (4) is finished and that we are preparing for wave (5) up. We already had a first impulse up as wave ((i)), and we are currently doing wave ((ii)) down.
Morning pop was OTM. SPY moves ahead to resistance without equities. TSLA sits with no structure below. Sit to long at resistance and we will dump. Otherwise Watch the break of COST BASIS ABOVE.
Watching TSLA today for a pop and drop, using the structure above and below if those are broken we can expect a big day, if we stay in between the two. Options chop and we are OUT.
True to the title, we experienced some serious range and PAIN. We are now in premarket trying to open BELOW support meaning we have to find one under us. I am not bearish until we break into that structure below.
Another great move from NASDAQ:TSLA but where we open matters. expect some chop before the move
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Tesla 💪 After Tesla stock broke out of the parallel channel all the way back in 2019 there was a super solid rally of more than 1500% towards the upside on this stock. You can also see that Tesla just retested and started...
Tomorrow's gap will tell us exactly where we will be heading for the week. We are currently in a potential range between two large earnings gaps. Giving me the feeling, we will stay in a wide range. I use my own strategy Call the Potterbox Strat. Of course, there are lots of way to place consolidation, but I have learned the market is mechanical through years...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Tesla💪 After Tesla stock retested the last strong support zone for bulls, the 0.786 fibonacci level at the $100 level, the recent pump over the past couple of months of more than 100% was no surprise at all. With Tesla...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Tesla 💪 After Tesla stock retested the last strong support zone for bulls, the 0.786 fibonacci level at the $100 level, the recent pump over the past couple of months of more than 100% was no surprise at all. With the...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Tesla 💪 After Tesla stock retested the last strong support zone for bulls, the 0.786 fibonacci level at the $100 level, the recent pump over the past couple of months of more than 100% was no surprise at all. Weekly market...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Tesla💪 After Tesla stock retested the last strong support zone for bulls, the 0.786 fibonacci level at the $100 level, the recent pump over the past couple of months of more than 100% was no surprise at all. On the weekly...
Discussing a potential capital rotation trade. We analyze Tesla, Amazon, Pfizer, Moderna, Hershey, and others to get a sense of what is going on.