My plan for Tesla over the next few sessions of ideas. Its rather clear what I'm looking for here. I'll use NASDAQ:TSLT (leverage) to average out the larger DCA issues should it start to get away from me while using regular NASDAQ:TSLA for the main idea. I like doing this so that it is a lot easier IMO to catch back up with the in between moves as well...
Stellantis: The Nvidia of Autos has formed a Bearish ABCD that is visible on the Monthly Timeframe with MACD Bearish Divergence and Bearish PPO Confirmation. If this plays out, we could see this go towards the C level, which aligns with the 0.786 retrace at €4.48
In late October 2022, we stated the bear market was poised to weigh heavily on shares of Tesla. Since then, the price dropped from 207.28$ to a low of 108.24$ (on 28th December 2022), representing almost a 48% decline. After that, the company’s shares briefly rose above 124$. However, with the start of a new year and its first trading day, shares fell more than...
Ford - Short Term - We look to Sell at 13.89 (stop at 14.82) The medium term bias remains bearish. Broken out of the channel formation to the downside. Selling continued from the 61.8% pullback level of 14.41. The gap open from 14.34 to 13.94 has now been closed. Preferred trade is to sell into rallies. Our profit targets will be 11.01 and 10.40 ...
Tesla - Short Term - We look to Buy at 177.90 (stop at 163.33) The medium term bias remains bearish. Broken out of the wedge formation to the upside. Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. Although the...
Volkswagen - Short Term - We look to Sell at 145.76 (stop at 152.42) The medium term bias remains bearish. Broken out of the channel formation to the downside. We have a Gap open at 145.76 from 19/08/2022 to 22/08/2022. Preferred trade is to sell into rallies. Our profit targets will be 120.52 and 115.00 Resistance: 145.76 / 151.50 / 160.86 Support: ...
US CB - www.census.gov Advance Monthly, Monthly and Annual Retail Trade Reports, and the Quarterly E-Commerce Report. July decline of 1.1%. - dismal August - Back to School - dismal September - Back to Business - dismal The August 2021 Advance Monthly Retail report is scheduled for release on September 16, 2021 at 8:30 AM EST Retail tends to follow Auto...
Martha's Vineyard parties are Legend. While Faucci suggests large groups of people gather without wearing masks... many will die. "These people are dangerous." After all there people eat at Sonic and many went to a Community College. Papers please, Vaccine Passport Por Favor. The China Passenger Car Association reported that Tesla's sales in China fell to...
After reaching an ATH just above 75, the price has since fallen back and consolidated after failing to reclaim the upward trend line. Long entry above 51.49 is a confluence above the.236 fib as well as the VPOC, more conservative entry is at reclaim of the trend line. This may also have a possible earnings run-up approaching late November.
GM has been a company in decline for many years, and the coronavirus hasn't helped matters. Over the last three years, EPS shrank about 8.5% annually and SPS about 2% annually. The coronavirus caused GM to suspend its dividend, which at over 6% was the main reason for owning the stock. GM's stock price tanked hard, and I have to say-- based on current consensus...
Likely return to volatility within Range C. Recent drop places 200-Day below current level, possibly causing a retest of $250-270. Likely more buying opportunities as many ring the register but this Earnings based confirmation of the Range C trading levels confirms the long with enough volatility to trade it. China Gigafactory, improving trade deals, etc, many...