i think that ntflx next week in the first expectation will go down to 800 or 780 because it's in the of a big résistance area in the weekly chart and the price action . the second expectation is to break the résistance and fly to 1000. but the volume give the big opportunity to the down trend and to respect the triangle pattern .
Hi All,
Looking at the key level which is identified by the red circles for now have created a neckline for a potential inverse macro H&S.
We have the 20 and 50 daily ma as support and the orange 200 daily coming in as well.
Note how the MA's crossed over for a bullish signal.
The structure taking place looks a macro bullish continuation pattern.
I see this...
Take note that this is a weekly chart and thus one should be wary of price. As it is, I do not think that there is much more room to grow for this car maker (see nearest Fibonacci price target). Projection are many times subjective, so let me talk about the risk-reward to this trade as they are less disputable at least on a technical basis:
1. Do you agree that...
There are many ways to use fibonacci sequences ("fibs").
This idea uses quantifiable price data to justify where the fibs should start and end.
We will look at TSLA in hindsight (Nov. 2020 to Jan 2021)
Setup:
- Fibs extend from point (a) entry, to point (b) trailing stop loss ("T.S.L") price
- calculation of T.S.L in this example is based on this...
TSLA recently reported great earnings on Oct 20th and beat both eps (20%) and revs (5%). ER killed option premiums, unless you bought ITM
There was a massive buy order friday for the Feb 2022 $925 calls for $60 million total value.
TSLA is 9.5% of cathie woods ARKK fund.
We are in blue sky breakout territory, so that's what this $60 mill option flow is betting...
Tesla faced a massive setback in February 2021 where Tesla had some serious quality and safety issues affecting the acceleration and the batteries catching on fire. In China, the biggest market outside of the US, Tesla was being berated by regulators. This could be one of the reasons why the stock price of Tesla dropped over 35%.
Unfortunately Tesla also faced...
#TSLA NASDAQ:TSLA
Tesla continues bullish breaking 900 ATH (25Jan2021) resistance line.
closed at 909. Nearest support at 874.
Since 19May2021 -22Oct2021 : + 63.7% upside.
2021 up to Q2 Net Income : $1.5Billion!!! Go Long....
Hello everyone:
Lets take a look at Tesla's overall price action.
We see price has manage to push up to all time high around $900, then fall down significantly.
However, the latest price action started to form into a bullish structure that we are familiar with.
A double bottoms, triangle like correction is giving us a higher probability to see it as a...
TSLA is still burning up the charts. It's having difficulty with this 900 area, but I dont think it will be for long. I also think they reached a new ATH for TSLA. Really good stuff!
A Boxster clone - Elon is enjoying Crude Oil on the 84.10 Handle as it's
prior price Objective was 84.11 - it stopped at 84.01.
88s.... on the way.
TSLA zillionaires are clearly on the Hunt for Mo' Money.
TSLA Traded its highs to highs extension perfectly.
The question now is, will it Ballon and Bloviate Up, to 996.
Thankfully only 5% of our Puts are in the...
This analysis is solely based on technical. There's no consideration of fundamentals. Please invest on your own risk!!
This is not a financial advice. Cheers!!
It looks like the price has been comfortably hovering in the resistance pocked of $710 and $780 with no signs of slowing down.
I believe we're in Phase D of the Wyckoff Accumulation Schematic #2, getting ready to break out of the trading range.
Confirming my long position here and waiting for a backup before I add more to my Tesla positions.
As expected price broke out of the resistance channel defined by the AR and the HH points printing SOS and LPS /BU in Phase D before the final markup in Phase E. Low volume and climbing price show that the institutions have taken hold of the price and are not selling...
Chip shortage issues, FED Tapering potentially starting in Nov, etc... RSI clearly showing daily is over bought. Trend also appears to show a multi month momentum reversal and distribution phase coming to an end. Unless Tesla has more up their sleeve that counters the overall market environment, I'm expecting a low volume rally into Feb 21's earnings before...
$TSLA (TESLA) just reached all-time-high! Very bullish news especially for the stock that makes up the bulk of my portfolio. Congrats to those who followed me as well. My $TSLA portfolio is up by approximately 30% - with averaged price right below $700.
However, $TSLA is at $900 right now and RSI and bollinger bands is indicating that $TSLA is current very...
