🏎️ Tesla Increases To $150? 🏎️ Nearest strong support zone: around the 0.382 level of the upward wave. 🏎️ Nearest strong resistance zone: around the 0.236 level of the downward wave. 🏎️ Technical environment: - Moving averages: Downtrend - MACD: Uptrend - RSI: Uptrend 🏎️ Price action: Tesla, after the declines in late December, began to form a formation...
RULES: -If price break Point 2, 4, 6, or 8 cancel the setup -Price needs to break Point 1, 3, 5, or 7 to confirm the setup When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal The market can Truncate(fall short)
RULES: -If price break Point 2, 4, 6, or 8 cancel the setup -Price needs to break Point 1, 3, 5, or 7 to confirm the setup When price reach the 100FE(BLUE BOX) it normally does a pullback/retest or reversal The market can Truncate(fall short)
I think $4300 will be hit to create a major double top in the downtrend before crashing towards $3150. If the downtrend is strong we could reach near covid low. This is the time where you buy with caution. I suspecting a lot of people will pile into stocks in the next 2 weeks. You will likely see Apple back to trading at around $165 again which will be a great...
amazon holder don't panic hold for 1 to 2 month old buyer dont exit ( wait for good news ) new investor ( wait for dip if brake this level ) so game is 80-20 % so amazon can take a more spot if they take a spot then you can more buy if Monday favour our technical you can see more profit
Technical Analysis and Outlook Spooz hit our target Outer Index Rally 4140 and beyond. The development of the Key Res $4180 is in progress. The bullish market sentiment is intact. The pullbacks with this ongoing rally are expected to target the newly created Mean Sup 4060, and possibly an extension to the crime scene Mean Sup 4015.
What can help us guide forward expectations? According to the Whaley Breadth Thrust Signal there is Normal and Abnormal action FIRST 6 WEEKS (end Feb) - 3-5% pullbacks would be normal FIRST 12 WEEKS (end Jul) - Forward Gains are approximate 12% - 5-6% pullback would be normal 6 MONTHS Forward - Forward Gains are approx +17% I HAVE MADE THE WHALEY...
There's a huge possibility that TSLA could fall to the $12 region. The $206 zone was successfully broken to the downside. I remain extremely bearish on Tesla.
I shared my analysis on ADANIENT Last year December, there are people who laughed at me and think I was crazy, I said ADANI stock was over-extended and that soon was going to fall heavy... and now its falling heavily
We have the same candlestick pattern we just looked at on the VeChain weekly chart here on Apple Inc. This is a Dragonfly Doji, which becomes a reversal signal when it shows at support. This week starting green supports the previous candlestick. This can signal that the AAPL stock is getting ready to grow. We are targeting 18%. NOTE: This chart setup is...
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.
Oil the leading energy commodity is signaling negative price action. An MTop Formation is on watch. If we get a weekly close below $70 it triggers the Topping formation and sways the probabilities in favor's for more downside action. This large time frame pattern has a potential to go down to $20...I know, I can barely believe it myself. A clear weekly reversal...
Yields saw a massive turn to the upside after the latest job report number coming in red hot. Showing the US labor force is a juggernaut. If we see this Bullish consolidation break to the upside this implies interest rates are going much higher. If this pattern comes to fruition and fulfills it upside targets, this would also imply the likely catalyst that...
Crazy action and reversals. Once again the volatility continues but the vix didnt spike. We discuss the US Dollar, Yields, SPY.
SPX: SPX tops correlated with VIX bottoms The daily SPX chart is showing a potential reversal of price action based on a correlation to the VIX that has been observed over the last year. As detailed in the chart, as the VIX dips below the 20 level the S&P500 tops out, reverses, and drops anywhere from around 8% to nearly 22%. VIX: Vix currently under...
Duke Energy - 30d expiry - We look to Buy at 97.51 (stop at 94.38) Bespoke support is located at 97.30. Levels below 97.00 continue to attract buyers. The daily chart technicals suggests further downside before the uptrend returns. We look for a temporary move lower. We look to buy dips. Our profit targets will be 105.33 and 107.33 Resistance: 103.00 /...
So far my yellow lines have served me well for buying, selling Rinse and repeat this week. Let's see how much longer they stay in play. This is the SAME chart i used in the end of 21 and through 22 and tried showing everyone where we would be After turkey day. That prediction also came TRUE. No one seemed to be on board with the massacre of the markets coming...