Get started

EV

TSLA: Ready to resume the quarterly uptrend?I think $TSLA might be about to jump, and continue the quarterly timeframe uptrend. The first target for said rally is interestingly, the same potential target we would get from the weekly trend, which will become active once we break up over the resistance. I bought here for the past two days, aiming to catch the exact bottom in the daily timeframe, after two severe corrections took place in the stock, since we sold at $365 a few months ago. With the potential the Model 3 has, I think a rally from these parts is highly probable. As a sidenote, cryptocurrencies follow a similar path, with one in particular exhibiting almost the same shapes and timing for all the price action since inception. I'm talking about $ETHUSD, you can check it out on your own, fairly interesting and might be an implication that both will rally together once more, since I see them both as a buy here. Both instruments, although seemingly dissimilar, might be part of the same macro trend, probably related to the spending habits of the young population. Best of luck if joining us in this trade, Cheers. Ivan Labrie.
NASDAQ:TSLALong
by IvanLabrie
4
AUDUSD: Resuming the monthly rally next$AUDUSD appears to have comp0leted a correction and is ready to resume the monthly uptrend. We're long and added here at 0.7850 for the last time, after buying at 0.7835 initially. The trend in EV adoption is driving flows here I suspect, with an increase in the price of copper, iron ore, cobalt, nickel, and other materials required for different battery types. Australia benefits directly from this, as an exporter of these, iron ore and copper in particular. This could drive the long term rally we observe to be active in monthly charts. See related ideas for more information. Best of luck, Ivan Labrie.
Long
by IvanLabrie
5
I would get in TSLA now Hot and LongThe historical volatility is at all time highs, which makes sense with all the selling in the beginning of the year and now the recent upgrades and Model 3 being released to drive on March 31st. Article provided in this link , titled "Elon Musk previously said we'd only see part of the car at this month's unveiling. Apparently that's changed." Now, we are ramping back up vigorously. The volatility is higher than when we had a clean move upwards in the Directional Movement Index back in April of 2015. Now, we are experiencing that, but more intensely (the two long vertical lines show this instance). The golden dashed green line is the general trend line of the overall lowest highs of this monstrous stock. Although we fell below it, it has help create an insightful Fibonacci trend line that shows an extraordinary upside to 311, my 2016 PT (price target). The predicted short-term price target lies on wave I in the Elliott Impulse Wave formation. There is a high probability that the price will land in this 240-245 range in 3 weeks; the beginning of April, because both Fibonacci retracements are converging here. Additionally, the golden dashed line is in conjunction with this price range. The hot area is in early July (around III in the Elliott Impulse Wave Formation and R; the overall resistance), where we will see another high before we break out eventually to the high of the year of 311, which is at the end of the year and in the 5th most dominant wave of the Elliot Impulse Wave.
NASDAQ:TSLALong
by ChargingBull
The Tesla unicornSolar stocks such as SUNE, SCTY have been hammered real hard for the past 3 weeks. Tesla is not a unicorn immune to the global deflationary forces. Like many, Tesla relies on cheap debt to finance its research and development. This isn't sustainable when Janet Yellen is no longer supporting the market with Quantitative easing (QE). It is also on the verge of breaking down from the rising wedge developed since November 2013. Stop loss: 236.72 Take Profit: 132.02 Entry: 212.94 Overall, I'm still bullish in the long term prospect of Tesla and at $120 it is almost certainly a good buy.
NASDAQ:TSLAShort
by LastBattle
BTC perspectivePayPal news seems more likely to be a reason/excuse to pump rather than a catalyst to the temporary bullish momentum in the current bear market. 4 hours RSI today still shows an underlying weakness in the market with its inability to break out of the trend developed over several months since the fall from the 680 rally. We are also hitting an upper resistance as defined by the red horizontal line in the chart. We'll most likely still be making a visiting to $350 if BTC fails to make new highs from here to invalidate the elliot wave. Next few hours to days will be crucial. I will be waiting for a new peak to short, in the meantime we'll trade sideways for a while.
BITSTAMP:BTCUSDShort
by LastBattle
2