Always tell a HTF story of the charts before getting bogged down in LTF chaos. These HTF algorithms control price.
Clear what we need to look out for on this TSLA chart - Yellow strong algorithm needs to activate to take us out of magenta and teal strong selling.
Fortunately for me, you can't laugh at this. These are the same algorithms proving themselves over...
Regional Bank volatility - showing sings of fear and weakness.
Gold new all time high - showing fear
Semiconductors strong: Apple, MSFT, AMZN, TSLA, Google weak
Vix makes bullish reversal off lows.
I took TSLA long even though my trigger wasn't hit. It's easy to get ahead of yourself when in a discord with some snipers. At the end of the day, whether TSLA gaps up or not, lesson learned. Stick to your plan.
Price targets discussed in the video.
Key words to understand:
- Tapering
- Liquidity
- Tapering
- Tapering
It's important to understand how liquidity plays a role in moving price and what it actually means. In order for price to make a solid move anywhere, there has to be liquidity built up for price to grab (use) to break out of strong resistance levels (i.e. levels with lots of sellers ready to...
Orange is the all important algorithm that will prove whether we are tapering on the buy side and need to continue to build liquidity. We will need yellow stronger buying continuation to break us out of this orange taper.
We now know why it hasn't happened sooner - because we've had the top of green channel in our way acting as strong resistance with orange. But...
For the next week we can expect at least another day to the upside as well as till 27.02 at most.
Be aware that we are at 35 days out of 44 of a monthly cycle.
After Monday 19.02 bear in mind that there can be a considerable retracement to allow the begin of a T+2i.
Enjoy the analysis!
Hello Traders, welcome to today's analysis of Tesla.
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Explanation of my video analysis:
After the massive triangle breakout in 2020 and a rally of +1.500%, Tesla has been moving sideways for over two years now. Tesla stock is currently creating a triangle formation as well as a flag pattern. I am personally waiting for a clearer setup on Tesla before...
People underestimate volume and what it could tell you about buyers and sellers in the market. This "strategy" or more accurately this way of understanding Volume can be utilized in any time frame and will open you up to understanding more movements and why things happen in "random" areas - when they are truly not random.
Hope this helps and as always,
Happy Trading!
As you'll start to catch on, when we look at the market as "who is in control" then it's only a matter of time before that side takes control and then all that we have to look for is WHEN they will take that control and break out of the control.
Here, we saw TSLA was conforming to its' controlled selling channels and we had a perfect bounce yesterday where the...
Aside from Elon taking a stronger control position of the operations of the company (upping his equity stake from 10% to 20%), I also like the technicals of this chart for a near-term entry.
We just bounced off of our handy dandy blue tapered HTF selling channel and are looking for some of our buying algorithms to take hold. We are also forming a nice inverse...
Going over TSLA's price action what clues can we get out from it. what is the market telling us?? where are our Action Areas?? that is the right question and we try and answer those in this video.
Looking DELIGHTFUL
We've got a ways to go, before we clear all of the resistance in the way on TSLA. BUT, this is a buy low, sell high signal AND I am in my shares of TSLA! :-)
Personal Finance: This involves managing one's own finances, including budgeting, saving, investing for retirement, managing debt, and planning for major life events like buying a house or sending children to college.
Hello Traders, welcome to today's analysis of Tesla.
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Explanation of my video analysis:
After Tesla broke out of a long term triangle formation in 2019 we saw a pump of +1.500% towards the upside. Tesla is currently once again forming a (bullish) triangle pattern but broke short term support towards the downside. If we see a retest of the bottom of...
Tesla is not a stock to be traded as it is in downtrend on every single time frame. I have tried my best to explain Tesla.
If you have doubts let me know.
NOTE:AVOID TRADING TESLA
