TSLA short.TSLA setting up to retest 195 POC and 190 fib below into next week. Look closer and you can also see a nice head and shoulders forming . In that case I would think we see much lower than 190.
EV
$TSLA chart analysis 👁🗨️*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
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NIO seems to be inbound $15On the 4HR and 1D it seems like we can bounce back to mean price from around $10.
Stance is neutral, will take profit at $15, be cautious of downside but I think we may gap up first, then towards $20 if this rally lasts into early Q2.
$7 would be the floor if price rejects.
Stay safe.
Twitter headsTry to avoid others opinions.. hard for me to say this when I'm posting my outlook for others to agree/disagree on..
But always do your due dilligence and have appropiate risk otherwise you could get burnt.
Ride $1.85 | Ev pickup trucksunder rated and valued... @ $380Mcap this is a steal ... looks like big funds are discretely getting volume
and great news are concealed with DOWNLPLAYE coverage for Q1 and Q2 2023 earnings .
Dressing up for $1bn++ mark valuation
Tesla - What's next?Tesla Bulls have partied in January...will the party continue?
A measured move into resistance, is now going to test the resolve of the bulls. Will the bears over power Tesla as the yields spike or will Elon announce a Twitter CEO that pumps the stock?
Tune into to our streams to see how we will trade TSLA.
no real problem with tsla continuationits not the most liekly scenario, but people are freaking out when if you look at the technicals this way bulls still have a lot of room to work with.
TSLA BULLISH PIERCING CANDLESTICK With the recent release of teslas quarterly reports that we’re better than expected we saw a push to test 180.00 with a slight pullback, depending on feds decision we can see push higher to 300.00. With more manufacturing and infrastructure updates in the upcoming months if positive these could help push price back to retest precious highs.
$NIO earnings play 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
Entry: $21.31
Take profit: $27.50
Stop loss: $20
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what would a turnaround in tsla look likeim using the same lines i did when i was short. im just switching directions. this is a companion post to related idea. all ma and oscillators are also bullish here, leading to the conjecture continuation is likely along trend lines and the following swing based strategy using these support and resistance is feasable.
tsla longs fighting uphill battlebulls are in control of this move but lack the follow through necessary to make a convincing move to the upside look like a change of weekly momentum. weve made a daily bounce that retraced enough to say a lower low is set, but havent made a higher low or confirmed the move with a trip above the last bearflag area/value area high. weve also started forming a topping out proccess 4hr as indices futures fail to climb over a top like 4037 es1!, and this has happened every leg of the way fown for stocks making me think we need to at least revisit the dotted line, and if we break through it id look for the lower horizontal. if we support in the mid range and move higher, especially if indices are breaking out with multiple sectors green, or if we get immediate continuation id still be long.
NIO BEARISH BAT BEARISH HARMONIC PATTERN
Still not valid until price close above B .
If the pattern is activated the target will be point D which is the completion of the pattern and expect a 38% retracment.
PSNY: MACRO ANALYSIS / REVERSAL IMMINENT? / SQUEEZE? (UPDATE)DESCRIPTION: In the chart above I have provided a SEMI-MACRO ANALYSIS of PSNY where I address Current Trend, Supply & Demand, RSI & MACD.
POINTS:
1. DEVIATION stands at 1.50 Points separating given SUPPLY & DEMAND POCKETS.
2. Price Action is finally finding support above the 45 EMA (BLUE LINE) while the 200 EMA (RED LINE) looks ready to go under & CONFIRM BULLISH MOMENTUM.
3. SYMMETRICAL TRIANGLE FORMATION had a BULLISH start further confirming a BULLISH EXIT from trend.
4. RSI median is positioned near 50 similar to previous positioning before rally occurred.
5. MACD volume is staying within 0.18 & -0.18, a flatlined MACD is preferable since it would signify that buying and selling pressure is equal and preparing for a big move.
6. ESTIMATION for potential rally from current floor can be found on the right hand side.
IMPORTANT: PAY CLOSE ATTENTION to VOLUME and just how dramatically dead VOLUME has been since the 27th of JUNE 2022. Can have something to do with how much of PSNY shares are traded in DARK POOLS. This can in fact work out for PSNY since a slight exposure to previous levels of VOLUME can in fact result in a BULLISH REACTION for PRICE ACTION.
SCENARIO #1: In a BULLISH scenario price action would have to break past 7 points to validate setup and give way for price action to continue breathing.
SCENARIO #2: In a BEARISH scenario if price action is to break below 5.50 current setup would be invalidated and give way to further downside or consolidation.
FULL CHART LINK: www.tradingview.com
NASDAQ:PSNY
NASDAQ:PSNYW
Tesla Inc. (TSLA) bullish scenario:The technical figure Channel Down can be found in the daily chart in the US company Tesla Inc. (TSLA). Tesla, Inc. is an American multinational automotive and clean energy company. Tesla designs and manufactures electric vehicles (electric cars and trucks), battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services. Tesla is one of the world's most valuable companies and is, as of 2022, the world's most valuable automaker. The Channel Down broke through the resistance line on 24/01/2023. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 18 days towards 168.10 USD. Your stop-loss order, according to experts, should be placed at 108.76 USD if you decide to enter this position.
Tesla Inc. said Tuesday it plans to spend $3.6 billion to expand its Sparks, Nev., gigafactory where it currently makes batteries and electric-vehicle parts.
The announcement came a day before the EV maker reports crucial quarterly earnings, and after CEO Elon Musk completed his third day of testimony in a trial over shareholder losses following tweets he made in 2018 about taking Tesla private.
Tesla said the battery facility would have capacity to produce “enough batteries for 2 million light duty vehicles annually.” In early January, Tesla said it delivered about 1.31 million vehicles in 2022. Analysts expect Tesla to increase deliveries to about 1.92 million in 2023.
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Tesla - What's next?Tesla has been rejected off of the clear resistance trendline in red. This means it likely needs additional consolidation before breaking through; opening up a retrace lower to the next support.
A gap fill play around $113 may be a good accumulation zone pending the relative market strength in the SPY/QQQ.
The negative side for TSLA action today was the fact that the stock was up most in the premarket over 3% and ended up reversing down -2%.
TSLA - Triple Bottom then Flat Top TriangleTSLA has had a long down trend from macro factors including China , a recession as well as a unique
situation tying it to Twitter and Musk liquidating large blocks of stock.
From the technical side of things a recent triple bottom has evolved to a flat top triangle pattern.
Both of these are bullish suggesting a reversal is real. The setup is for a breakout above
the flat top ( black line drawn on the chart) I will add TSLA back to the waitlist and watch
it also with a small position in leverged TSLL. Once it is above the breakout level of 124.75
call options with 2 weeks expiration strike of 130 will be entertained.
Tesla : whast next?Tesla has had a good move off the lows. The individual price action does favor a continuation to the upside however markets are susceptible to weakness as they're into resistance. If markets break lower, most likely Tesla follows.
if TSLA fills the technical gap around $113 it may prove to be a good accumulation zone.
NDQ US 100 INDEX: MARKET MAKERS MAGIC??DESCRIPTION: In the chart above I have provided a MACRO analysis of NDQ that is in fact showing strong signs of PENDING CAPITULATION but I will leave the rest to INDIVIDUAL INTERPRETATION.
POINTS:
1. DEVIATION OF 1,000 POINTS is where NDQ usually finds appropriate CONSOLIDATION to then draw out SUPPLY & DEMAND POCKETS.
2. RSI is DANGEROUSLY OVER EXTENDED and looks ready for some PULLBACK.
3. MACD is CONSOLIDATING and moving closer to its MEDIAN SIGNALING A BIG MOVE IS ON THE WAY.
*IMPORTANT (FOOD FOR THOUGHT): ALL SIGNS ARE BEARISH BUT IS THAT WHAT THE MARKET MAKERS WANT US TO THINK? TO MANY PEOPLE ARE BEARISH AND PLACING MONEY ON PUTS. JUST DOUGHT MARKET MAKERS WOULD ALLOW FOR EVERYONES CONTRACTS TO EXPIRE IN THE MONEY.
SCENARIO #1: A BULLISH scenario would require a hold of 11,000 POINTS followed by SIDEWAYS MOVEMENT or a BREAK of TREND.
SCENARIO #2: A BEARISH scenario would require a lose of 11,000 POINTS followed by an AGGRESSIVE BREAK of TREND to the DOWNSIDE.
FULL CHART LINK: www.tradingview.com
TVC:NDQ
DAX & S&P500 RELATIONSHIP: MACRO / SUPPLY & DEMAND / BOTTOM???DESCRIPTION: In the chart above I have included and brief macro analysis of the DAX a GERMAN equivalent exchange of the S&P500. Aside from the difference in point ratio the DAX and S&P500 have a special relationship in which they mirror one another usually with the DAX following the S&P500. Nevertheless the DAX in this case can be showing us a different perspective in what is in store for the OVERALL MARKET in the near FUTURE.
POINTS:
1. DEVIATION of 1,000 POINTS begins PLACEMENT of SUPPLY & DEMAND POCKETS at YEARS ALL TIME LOW of 12,000 POINTS.
2. Current UPTREND is at RISK of SHARP Incline that is shown by FLOOR OF CURRENT UPTREND CHANNEL.
3. 100 MA (ORANGE MA) is serving as crucial support and agrees with current uptrend along with 45 MA & 200 MA FALLING INTO PLACE .
4. 15,000 POINT RANGE IS OF CRUCIAL IMPORTANCE TO HOLD WITH CONSOLIDATION IN CURRENT DEMAND POCKET.
*IMPORTANT: RSI within an 8 HOUR TIMEFRAME has only been seen at these levels 2 TIMES in the PAST YEAR where we usually have come to see a continuation of bullish momentum for 22.5 days if we go by AVERAGES.
SCENARIO #1: BULLISH scenario would require a continuation of STEEP INCLINE SUPPORT or at the very least a CONSOLIDATION ABOVE 15,000 POINTS.
SCENARIO #2: BEARISH scenario would begin at the moment we lose 15,000 as a SUPPORT & would further continue once STEEP INCLINE TREND IS BROKEN.
FULL CHART LINK : www.tradingview.com
XETR:DAX
SP:SPX
$NIO 1H viewQuite interesting setup.
Also below are interesting points to consider:
1. RMB vs us dollar, approx +8% gain favor RMB
2. Most commodities are priced in US dollar, a rise in RMB is comparable to a discount in metals of -8%
3. NIO selling mostly in China benefits from the strengthen of RBM
3. Commodity prices are down on average -30% from peak levels
4. Lithium prices are down on average -20% from peak levels
5. China energy inflation much lower than Europe and US
PSNY: MACRO ANALYSIS / INTERSECTING CHANNELS / SQUEEZE? (UPDATE)DESCRIPTION: In the chart above I have included an in depth MACRO ANALYSIS of PSNY.
IMPORTANT:
- With late Novembers PRICE ACTION rejection at around 8 POINTS this led me to consider that despite our current uptrend the CEILING of the PREVIOUS DOWNTREND CHANNEL IS STILL VERY MUCH IN PLAY.
- RESISTANCE THAT WAS SEEN AT 8 POINTS WAS EXACTLY WHERE THE INTERSECTION LIES FOR BOTH THE CEILING OF PREVIOUS DOWNTREND CHANNEL AND CURRENT UPTREND CHANNEL.
POINTS:
1. DEVIATION OF 1 POINT PER SUPPLY & DEMAND POCKET. (Gaps between Supply & Demand Pockets is due to lack of STABLE CONSOLIDATION)
2. FUTURE POINTS OF CONTACT were estimated by taking MEAN AVERAGES from PREVIOUS POINTS OF CONTACT.
3. PREDICTED 10 DOLLAR price target by FEBRUARY 14TH was estimated by taking into consideration how much previous rally made price action increase after serious consolidation.
4. IT IS CRUCIAL MACD BEGINS TO STAY CLOSE TO MEDIAN AS IT CAN BE A GREAT PREDICTOR FOR A POTENTIALLY BIG MOVE.
SCENARIO #1: In a bullish scenario price action follows given path or makes more points of contact eventually breaking to the upside from DOWNTREND CHANNEL CEILING.
SCENARIO #2: In a bearish scenario it is important price action does not fall below 5 points this would in fact invalidate entire setup.
FULL CHART LINK: www.tradingview.com
NASDAQ:PSNY
NASDAQ:PSNYW
NIO PENDING REVERSAL!!! (UPDATE)DESCRIPTION: In the chart above I have provided and updated micro analysis of NIO along with updates SUPPLY & DEMAND POCKETS.
POINTS:
1. NEW DEVIATION OF 10 POINTS beginning from 9.50 as it sits as major DEMAND FLOOR.
2. Descending Triangle pattern is now officially broken toward the UPSIDE.
3. 11 POINTS IS FIRST CRUCIAL SUPPORT THAT MUST HOLD EVEN IF IT MEANS A CONTINUATION OF SIDEWAYS MOVEMENT.
SCENARIO #1: Entry point for BULLISH scenario is marked at 11 POINTS where DESCENDING TRIANGLE PATTERN IS INITIALLY BROKEN.
SCENARIO #2: Entry point for BEARISH scenario is marked at 8 Points where if price is too linger any lower we will most certainly come to see 6 Points.
FULL CHART LINK:
www.tradingview.com
NYSE:NIO
Short LUCID! (NFA)Lucid hit resistance and is most likely going to continue the trend down as shown by the last time it reached the top of the channel. SHORT
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