Tesla price is near a very dangerous point A two years symmetrical triangle and a downtrend both at 176$, breaking them can bring to a great downmove I don't think it will happen now, I suppose this time price will bouce targeting other side at 250$
There are two symmetrical triangle One on daily chart ready to break and another forming on weekly chart I think price will have a strong boost soon and I suppose it will be an upside movement
Rocket Lab ready to explode Price compressing inside a symmetrical triangle I suppose a strong upside move will soon happen
Price bouncend on long term lower border at 2.09$ getting new strenght Now will try to break again channeldown around 3,15$ Confirmation of a new bullish trend by closing a candle over 3.60$
I think today price will bounce around 4,80$ to start a new upside movement Closing over trendline at 5.06$ confirm bullish trend will continue Closing below 4.68$ bullish trend will end
PayPal cannot pass purple trendlines and get rejected twice It need to get some more strenght heading back around 58/58,50$ and then bounce from here
Price reached purple trendline Closing a candle outside will confirm a bullish breakout with target next to 51.5$ Be careful because a downmove is still possible right now
There is a huge symmetrical triangle forming in the last 4 years Price can break upside at 116$ or bounce down again
Price in the last two month get outsinde strong long term channelup This week there was a recovering and i think it will sonn get back inside the strong long term channel
On a weekly timeframe price reached higher border and i suppose a downmove will now follow heading to strong support around 500$ All short and medium trend are still bullish
Market do not like yesterday "shocking" news and price dropped badly I think price will continue to drop near 58,20$ and then recover again targeting 65$ Short term channel is still bullish (green channel) but major long term trend in bearish (red channel) Inverted head and shoulder valid until right shoulder get not surpassed
Short term channel down has been broken and price now follow uptrend started on mid dicember I suppose price will continue to rise targeting 79$ next week High sensivity to 4H SMA crossing that often cause a rapid inversion Long term trend is still bearish
Inverted H&S is almost complete, SMA100 last three days provided a strong support I suppose price will reach neckline al 64$ soon , maybe next week and then a bullish movement will beging targeting SMA200 at around 65$ SMA200 crossing and inverted H&S confirmation can provide enought strenght to exit from the (long) downtrend channel and fill the gap between 67$-72,5$
Yesterday Luminar failed to get outside of the downtrend channel and dropped badly I suppose it will go down again near 2,20$ before recovering again
Rocket lab was on sell for many days.. I think it reached the bottom and is now ready to breakout descending purple line and start a new bullish trend Confirmation closing a 4H candle over 5.02$
Allegro take a boost on Friday scoring a +5% but it’s only the beginning Price is now ready to cross downtrend purple line breaking bearish trend I think price will rise strongly after breakout Beware of earnings on 1 February