TSLA Breakout Retest: What Could Signal Bullish Surge NASDAQ:TSLA Breakout Retest: What Could Signal Bullish Surge – Is Tesla poised for a major move? In this video, I break down the breakout retest pattern on TSLA’s weekly chart, focusing on the critical near term levels. A validated breakout could hint at a higher time frame bullish scenario! I’ll cover:
Rules to validate or invalidate the pattern
Conservative and aggressive price targets
My personal targets based on years of trading experience
Don’t miss this Tesla stock analysis for 2025!
What to Watch For:
Breakout confirmation at $490
Stop-loss zones and risk management
Potential bullish surge targets
M-pattern
Pattern Identification ExerciseHere I run through an exercise I first started carrying out around 4 years ago. It is a brilliant tool to help train yours eyes to spot patterns within the market, log the data across multiple different instruments and find specific characteristics with that instrument.
The importance behind carrying out an exercise like this is training your lens to spot these in the live markets, and also stacking your confidence so when you see these develop you are able to approach them in the best way possible.
Any questions just drop them below 👇
A rising Wedge Formation In the 4H - Short for Short Period.So even though Bitcoin is in the middle of a huge upward move markets always gave us the opportunity to make money in the middle of every strong trending moves. For now we got a rising wedge formation with a heavy pull back based on the news from the FED and the zone which is acting as a magnet support level got more confluence points including the strong demand zone, the horizontal support line of the 2 formed triangles and the 1.27 extension fib level on the higher timeframe. All this points and some other additional insights are included in this short video and enjoy watching it. Please do consider to do your own research before making any type of investments in any type of markets and I urge you to notice that this is not a financial advice at all rather a personal view point.
Nathnael B.
Micron Technology - This Stock Will Double Soon!Micron Technology ( NASDAQ:MU ) is retesting massive support:
Click chart above to see the detailed analysis👆🏻
After we saw a test of the resistance trendline on Micron Technology a couple of months ago, it was quite likely that we will eventually retest the previous all time high. This structure is now acting as massive support and together with the rising trendline, we will see a bullish rejection.
Levels to watch: $90, $180
Keep your long term vision,
Philip (BasicTrading)
Tesla - Ending 2024 With A Parabolic Rally!Tesla ( NASDAQ:TSLA ) is clearly not done for 2024:
Click chart above to see the detailed analysis👆🏻
Despite (or maybe even because of) the strong rally during November of 2024, Tesla is clearly not done with its bullish plans yet. Market structure, cycles and also price action are all pointing to a stronger move higher and we will see at least a retest of the previous all time highs.
Levels to watch: $420
Keep your long term vision,
Philip (BasicTrading)
Netflix - Please Buy This All Time High!Netflix ( NASDAQ:NFLX ) will retest the resistance trendline:
Click chart above to see the detailed analysis👆🏻
Netflix is currently perfectly breaking above the previous all time high and with a +16% candle of November, bulls are totally in control of this stock. If we look at previous cycles, there is a 100% chance that Netflix will now retest the upper resistance trendline of the reverse triangle.
Levels to watch: $1.200
Keep your long term vision,
Philip (BasicTrading)