Today seems to have confirmed a bottom is indeed in and we should be on our way up to the $3-400 range. We may or may not have gotten our mini-wave 4 which is why there is a turquoise 3 on the chart. If this is v of iii then I expect it to finish impulsively in the box before a 3-wave retrace for micro-4.
MACD made a new high on the 1Hr chart, today appeared impulsive, and is rising on strength. This gives credence to a bottom. Today I picked up 10 shares to inch into a larger position with a goal of acquiring around 40-50 shares along with some call contracts. If/when I enter into any trades, I will try to post them on here. My goal is to enter on retraces. I expect wave iv to drop to the low-mid $230's when it comes but this is a wave (3) so the retraces we get could be very short/small.
I work the next two days so will do my best to keep y'all updated. Good luck yall!
Bonam Fortunam,
--Tyler
MACD made a new high on the 1Hr chart, today appeared impulsive, and is rising on strength. This gives credence to a bottom. Today I picked up 10 shares to inch into a larger position with a goal of acquiring around 40-50 shares along with some call contracts. If/when I enter into any trades, I will try to post them on here. My goal is to enter on retraces. I expect wave iv to drop to the low-mid $230's when it comes but this is a wave (3) so the retraces we get could be very short/small.
I work the next two days so will do my best to keep y'all updated. Good luck yall!
Bonam Fortunam,
--Tyler
Note
As you see on this update I moved the wave 3 as it extended upward. Looks like we should get a slight retrace possibly to the .786 fib @ $232.29. The box in the bottom right shows the calls I'm looking atTrade active
1 call boughtSlowly building into position
Note
Didn't quite make it to the 0.786 before bouncing. At least I got the 1 contract in before it was to late lol.Note
I'd like to see this hit at least the 1.236 @ $249.4 before we get the micro-wave iv retrace.Note
No new post tonight. We have officially made it into my box for this wave iii of v. I would like to see it make a new high on more neg div for the retrace coming up but we are officially in the box so it could end anypoint from now untill $255. The retrace for wave iv should ideally end around the low $230's. I work tomorrow and will watch it as able. Good luck everyone!Note
We either topped in 3 or iii. Today will tell us...hopefully.Trade active
Bought 10 sharesTrade active
Bought another contract. This leaves me with only 20 shares and 2 calls for TeslaCalls exp 15 Dec $280
Trade active
Bought 1 more call, same exp and strike
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Go to ewtdaily.com for DETAILED DAILY UPDATES on 27 unique tickers and a daily zoom call with members to discuss latest analysis and get a 7-day FREE trial
Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.