Pta
Bias more on downside on Tesla if break below 180Tesla have been trading between the price range of 180-200 (used to be support area) even with good delivery record doesn't show any significant breakthrough.
Therefore, I will be bias downside more and if next week, the break of 180 (closed below) will show more bearish sign.
Support 150/120
Resistance 200/220
Bias more on upside for C3.ai1st April 2023
Bias more on upside till Resistance area. ($42-$52)
Huge jump up last Friday with 21% increased.
Thanks to Kerrisdale Capital who Shorted C3.ai (AI) Shares mentioned on 29 March 2023.
Assuming the price high on 29 March is at $26, they will be in trouble as for now.
Assuming if they cut their losses by buying back C3.ai price from the market, they are truly experience short squeeze. Seller turn buyer fueling more oil for the bull this time round.
This may be a reason to shoot up C3.ai on last Friday.
3 Price level to do DCA on Bank ETFDCA method
First - $39/$40 - 1st bullet
Second - $35 - 2nd bullet
Last - $27 - Final bullet
As we know, Bank ETF is affected by SVB saga. However in long run, after the saga drama over, we may see KRE recover back in future.
Therefore, we may apply DCA method to slowly accumulate into it.
Bias more on upside till target price5th March 2023.
Congrats to whoever bought into this counter when I shared on the 12 Feb 2023.
Will continue to hold till IPO price at $42.
For people who didn't enter into this counter, you risk may double up if you wish to chase into it next week. Plan for a better price to enter.
ChatGPT will be the game changer.Reason to invest into ChatGPT
1. Microsoft invested over $10billion into ChatGPT
2. ChatGPT sets record for fastest-growing user base .
(Feb 1 (Reuters) - ChatGPT, the popular chatbot from OpenAI, is estimated to have reached 100 million monthly active users in January, just two months after launch, making it the fastest-growing consumer application in history, according to a UBS study on Wednesday.)
It took TikTok about nine months after its global launch to reach 100 million users and Instagram 2-1/2 years, according to data from Sensor Tower.
3. ChatGPT has finally make their product workable and catch Microsoft and the world attention. Company such as Google, Baidu, Tencent (wechat) all started to sing into the same AI trend. FOMO from investors may start to pour in soon.
4. Even though price have increased from $10 low to recent $30 high, but it never too late to join the party. If you are still holding onto Meta waiting for Metaverse (which not yet ready), why not try this ChatGPT.
5. Base on chart, few price level to do DCA if you have invested in. ($22, $20, $18, $15)
6. Lastly, I have entered into it and prepare to do DCA along the way.
Bias more on upside NIO15th Jan 2023
Previously, Nio drop to 3 support level which I shared in Sep 2022. Congrats for those who make on this call.
After forming a real support around $9, we may see some upside on Nio.
Last support price will turn to resistance level.
First Resistance: $12
Second Resistance: $15
Break and close above $15 may hit final TP at $20.
A good price to consider for Tesla08th Jan 2023
Tesla is finding its minor support between the highlighted price level (100-120)
Everyone is hoping to add Tesla into their portfolio for 2023. Therefore, any sign of strength in Tesla may see price moving up quickly.
A week candle hitting 100 may not be as strong as multi weekly candle supported around the price. Therefore may continue to nimble first before throwing all in.
Bias more on upside for CCL.CCL reached the lowest $6, cutting out all the SL based on the previous low level and rebounded above the previous support level.
This is a good sign in term of TA with China reopens borders and sales tickets increase for CCL.
Therefore, I'm bias on the upside with good risk-reward stated.
Tesla may float between current price till next yearClear cut after 150 break (mentioned 10th Dec), price continue to drop and reached our next support area between 100-120. Price may start finding minor support between this price.
However, will depend how Elon sing to the public in year 2023. Otherwise may see further downside.
Tesla used to be a dream for everyone in their portfolio. But the believe getting weaken.