Tsla: The sequence has changed #Tsla: The sequence has changed.
The earlier updated chart's sequence has been change. Tsla is seems to have formed a leading diagonal, where wave 4 enters the area of wave 1. It has retraced more than 50% for wave 4. Now wave 5 may or may not go beyond the wave 3 high. When a leading diagonal is formed the price retrace badly after wave 5 completion. But the longer term horizon has no problem.
This is purely an educational idea not a trading advice. Please consult your financial advisor before any trade execution.
Thank you keep following for such updates and new charts or comment for any chart to be viewed for elliott wave patterns.
Keep faith on you no on me...!
Tesla
Copper - Did Social Media Tell You To Long The CCP Again?They call copper "Doctor Copper" because it's said to forecast the overall world economic conditions on account of being tightly wed to manufacturing.
Well, what people are really yammering about with that over the last 20 years is whether or not the Chinese Communist Party is healthy, and the world by proxy being healthy because it tied itself to the most heinous regime in history, the one responsible for the 24-year persecution of Falun Gong by former Chairman Jiang Zemin and the accompanying organ harvesting and genocide.
Unfortunately for all the blind bulls, the early 2021-2022 price action was a pretty good indication of a top, and that top is really confirmed by the fact that since October of '22, this bounce has been pretty weak, and starting this month, with all the drama surrounding the slow collapse of the Chinese economy, took out the previous two months' lows.
Monthly shows you that August price action took both the July and June lows.
Like, that's not the kind of "signal" you want to see to get long for a new all time high.
When something is retracing to take out major highs, you want to see lows rarely violated with something of a freight train towards the old highs.
Weekly bars show us something of a subtle pattern where it looks like it's just taken some lows and is consolidating and continually flirting with going back up.
But in reality the market makers are, most likely, just selling more under the previous $4.00 area.
And if that's really true, it means another gap down is imminent, especially after an entire quarter of ranging.
If you ask me, the first area that you can look for a long that is more than a scalp on copper is under $2.8, which is a critical pivot from September.
And a more likely target in the next 12 months is the $2.00 mark, which was barely swept out in the COVID drama.
The reality is, my friends, the Chinese Communist Party is going to fall overnight in our lifetimes. Not five or ten years from now. But very shortly, and everything is going to change.
Whether that is caused by Xi Jinping throwing away the CCP to protect himself and China from being taken over by the International Rules Based Order as it uses Taiwan as a soft proxy war, or because the whole world collapses under the results of the persecution of Falun Dafa, since everyone's been going to Shanghai to worship the toads and the Devil Red to get financial benefits.
This is the danger.
The danger is imminent.
But copper trades painfully slowly, so if you want to do this you have to have long duration, ignore the noise, and be willing to suffer some drawdown.
China under the CCP is never going to recover. Things are never going to be okay ever again.
Things will be okay once mankind returns to tradition.
But there won't be an international stock market like this anymore that day.
TESLA Is turning into one of the hottest buys right now.Tesla Inc. (TSLA) is on a strong 1D green candle, approaching the 1D MA50 (blue trend-line0 for the first time since the August 04 break. The 1D MACD just completed a Bullish Cross yesterday indicating that the stock has confirmed the start of the new Higher High sequence towards the top of the year long Channel Up pattern.
This could be either near the 2.236 Fibonacci extension or a +80% rise (decreasing rate). Our target of $350.00 is within both parameters.
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Tesla has never been so simple Tesla's trajectory is remarkably aligned with specific Fibonacci levels. A straightforward yet potentially effective strategy emerges: A decisive breach beyond 240 would pave the way for an upward progression towards 264. Conversely, a breach below 240 would likely trigger a descent towards 210. Be patient and act accordingly.
Tesla -> Wait For The 3rd Timeframe!Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Tesla 💪
After Tesla stock broke out of the parallel channel all the way back in 2019 there was a super solid rally of more than 1500% towards the upside on this stock.
You can also see that Tesla just retested and started to reject previous weekly structure and in confluence with bullish moving averages we could see more continuation towards the upside.
Finally I am waiting for a daily shift back to a bullish market which will happen if Tesla breaks the current daily resistance level and then all 3 timeframes are pointing towards a move higher.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
TESLA LONG *ONCE PULLBACK IS COMPLETE* WEEKLY CHARTI believe Tesla will continue to pull back into its .50 - .618 fib zone, after breaking up above its downtrend (black line). I will be waiting patiently and looking to buy between approx $207 – $223. My take profit targets are listed on the chart, with TP #1 at approx $498. This would be a long-term trade for me.
Snowflake - Is It Time To Stop Gambling On Chop?Snowflake, a Nasdaq company, has earnings looming post-market, which has IV on weekly calls and puts juiced to 150%.
Yet people are still gambooling on the next big instawin. The problem is you'll blow your account and won't need TradingView anymore and won't be able to have any fun in your community.
Really, a far better proposition if you want 5 and 8:1 odds on things that are like 10 or 20:1 against to hit is to deposit on a sportsbook and put the same risk into a 3-bet parlay on late season MLB.
If you're right you'll even get paid the same day and not have to mess around with charts and bars all day.
Snowflake is one of the tech sector dump casualties, but has never bounced.
The monthly shows very clearly we're simply sitting in $90 worth of range spanning almost a year and a half.
And while $90 in range is pretty good, the problem is that it doesn't pump. There will eventually be a change in market structure and the most likely target is under $110.
Weekly bars show us that the May low has been taken out before earnings, and this is a factor that is not consistent with bank/fund sponsorship to take out the highs.
Which hints to us that the largest players who can move the market of a company that is still valued at $49 billion while printing $650~ million in quarterly revenue are probably targeting the bottom of "the flag" and not the top.
While the failure swing at $190 forms a double top and becomes a target, the problem is that everything is set up, with Jackson Hole as the Federal Reserve and the world's most critical financial policy decision pending on Friday, to continue to correct and correct violently into the fourth quarter.
Nasdaq Futures - The Trend Is Your Friend, Until The End
Moreover, a lot of the worldwide economic situation is being heavily driven by what's going on Mainland China with Xi Jinping and the Chinese Communist Party he still hasn't thrown away.
Word in the Western media is that the regime's de facto state run corporations, for whatever reason, are sitting on something like $3 or $4 trillion in real estate debt that's about to explode in their hands.
There's still the problem of natural disasters like the Beijing floods, economic calamities like the International Rules Based Order jawing and chattering about "de-risking" from China, and the impact of the virus that has claimed many, many more people than the few hundred thousand the CCP has officially reported to John Hopkins for the official trackers.
Worst of all is the 24-year persecution and organ harvesting genocide against Falun Dafa's 100 million spiritual practitioners looms over the head of the Party. Even though Xi isn't responsible for the persecution and hasn't participated, it was done by former Chairman Jiang Zemin and the toad faction nested in Shanghai-Babylon, Xi is the one with his head in the prisoners' box because he's now the Chairman of the Party.
And on top of that is an epidemic of arsons masquerading as climate change that have burned to death tens of thousands of hectares of trees and forests and their associated plants and animals.
This world is out of control, but it's not allowed to stay out of control for long.
And while it's on the brink, you're being told to get long by furus, Discord, Telegram, Wechat, Stocktwits, and Reddit, and are happy to take the bait, because you don't see the danger.
So here's what's up for SNOW on earnings.
A really likely theory is that it doesn't do much at all because the option sellers will just hold the price where it is in advance of Jackson Hole, let IV decline, collect all the premium from you as everything expires worthless on Friday and laugh.
And somewhere along the way, Snowflake will have a $12 retrace to bring in breakup traders and take out short sellers to $165. But this $165 will be another form of optimal short entry to target the $100 mark before Q4 expires.
If there's to be upside on this stock, based on the length of time and range of the chop and the specific price action amid the overall market and macro conditions, it would be a lot more likely to come after the lows get taken.
Be careful.
Long DCFCLong DCFC last few days, average price around $1.00. Pretty heavy. Chart is beautiful.....massive H and S reversal pattern. If Daily closes like this epic hammer candle. Electric vehicle narrative only going to heat up. TP is retirement (just kidding lol). Not advise, good luck.
Finding the support then moving upWeekly Chart
On this chart, Tesla NASDAQ:TSLA is still below the resistance and going down to support around $212
Daily Chart
Tesla has a key level around $212 and it's also in ascending channel so I expect price will bounce back when touch this level
Wait for next move around there
Tesla's stock has plummeted and broken the limit Tesla's stock has plummeted and broken the limit
This chart shows the weekly level candle chart of Tesla stock in the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, Tesla's stock has plummeted and broken the limit for three consecutive weeks, falling below the 2.000 level of the top to bottom golden section in the figure, and is about to hit the strong support of 2.382 level! For a period of time in the future, Tesla's stock will be judged by the top to bottom golden split of 2.382 ($185.2) as the long short divide, with a strong range above it and a weak range below it!
Tesla - What To Expect Until September?I heard something rather enlightening on Twitter recently, and it was someone who quoted some sort of analyst as pointing out "Tesla is its own market."
I think that's really correct, and really apt, especially in light of a recent analysis of the new JPM collar that dropped on Friday, where I anticipate a very violent and very major drop in the markets until Q3.
SPX/ES - An Analysis Of The 'JPM Collar'
The point is that Tesla can (and has; and will) go up or go down regardless of what the indexes are doing
This call is also a continuation of a very successful call I had on Tesla posted in February. Things took several months to pan out to the downside and then to the upside, but everything came to fruition:
Tesla - $250 Is Coming... Don't Lose Your Legs In the Bear Trap
The key thing with Tesla, especially for the long term holders who think this company has a $3 trillion valuation in it like Apple does, is the Q4 dump to almost exactly $100 was anything but bullish.
But fortunately, this "bearishness" has manifested in a significant bounce, and, in my opinion, the Party hasn't yet stopped here.
Speaking of "The Party," you have to be very careful with Tesla because Elon Musk decided to root a huge bulk of his company's production with a Gigafactory in Shanghai-Babylon.
This leaves this company open to exceptionally enormous geopolitical and fundamental risks as President Xi Jinping faces the possibility of having to dump the Chinese Communist Party overnight, any night, because of the battle against both the remnants of the Jiang Zemin faction inside China and the "International Rules Based Order" that's rooted itself in Taiwan.
To put it plainly, the IRBO wants to take over China using someone it has groomed from The Republic when the CCP falls, with the idea being to take down Xi with the Party.
The "Jiang Faction" is significant because it's the architect and conductor of the 24-year-long persecution and genocide of Falun Dafa's 100 million practitioners.
The sins are grave to the extreme and can (and will) be weaponized to put an end to the threats to Cathay.
With Tesla, I believe it's going to dump, and with some fury. And during the process, you'll hear a lot of FUD about blah blah fundamentals this, blah blah "can you believe how this ponzi is dumping people who bought $250 will be generational bagholders" that on social media.
You need to ignore all of that, because the day Tesla breaks $100 is the day Tesla is finished.
Moreover, Tesla is about to give you a buying opportunity in the $180 range. Remember that whole adage about "buy the dip"?
You're about to get the opportunity, again, but it won't feel very good because things will be scary and it will seem like everything is going to zero, and tomorrow.
Seriously, read the JPM collar post above.
Once the dust has settled, if the April lows remain intact, then the next target is the equal highs printed in July to September before the enormous sell off, amounting to nearly another two bagger.
But perhaps what Tesla really is aiming for is something Musk can get high on.
If by early September you see the price bouncing and try to short, it'll more or less turn out as bad as it did for NVDIA bears.
No matter how you complain about P/E ratios and market cap and comparisons to Ford and Toyota, the reality is, this is what a bearish market structure actually looks like in action.
The banks sell on red and buy on green.
You buy on green and sell on red.
It's a painful reality, isn't it?
Resuming the ascent.After that extended fall, which didn't actually last long, comes the continuation of the rise or simply the other shoulder of a head and shoulders pattern. I believe what we will see is that where everyone wants it to fall, it won't, and it will continue until completing the massive flag at $380.
$TSLA -The Best to Ever Race (Supports) -Taking in to consideration an investor's POV of positioning,
aswell the point of view of Swing Trader who like to keep positions opened.
You should know that NASDAQ:TSLA is not out of the woods yet !
Here the Strong Zones of Supports to provide you with discounted Buys and high probable long opportunity outcomes for Swing Traders
TA speaking;
-First Support push occurred today at the previous High, a key level (dashed white line)
-Support Trendline should play a key role on maintaining the price to proceed
heading lower in to South direction at S/R and 166.7$ marked key level.
These Support are very great Buying Zones for investors and as-well market speculators
so called traders.
Losing these support, would put NASDAQ:TSLA on a huge pressure position despite stock's share
price decline.
TRADE SAFE
*** Note that this is not Financial Advice !
Please do your own research and consult your own Financial Advisor
before partaking on any Trading Activity based Solely on this Idea.
✅TESLA TIME TO BUY|LONG🚀
✅TESLA is retesting a support level of 210$
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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TESLA: $1,000 | Re visiting $240 zonenextflix took the lead.. a change of handler back to $214 and Tesla may follow
... for the next President of the USofA
turnover of float in play ...Distribution for SHORT
fundamentally at $1T market cap and CEO over spread .. it can only hold the hype or sentiment until BIG FUNDS start migrating to the NEXT TESLA or space
TESLA Retesting Strong Support! Buy!
Hello,Traders!
TESLA has hit a strong
Horizontal support level
Of 210$ after it lost
Nearly 30% of its market
Value so as the stocks is
Locally oversold I think
That we will see bullish rebound
Buy!
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Check out other forecasts below too!
Swing Buy opportunity in LTIMEntry only when the 30min candle closes above 5113
TARGET: 5336
SL: 5012
NOTE: This trade is only for Equity Swing buy and not to be considered for options trading.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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TESLA BUYI think Tesla can move to 240-250 from here. The selling pressure in Tesla was very high, that's why we can't expect a strong upward trend from it, but we can use small reversals like this.
Also keep in mind that the price may move slightly lower and then move towards the specified targets, so don't forget to manage the risk.
Tesla at Key Resistance on earnings dayTesla NASDAQ:TSLA
Earnings today Wednesday 19th July (AFTER close)
A reminder that prior to a similar major megaphone breakout in 2019 resulting in 161% increase in 32 days, we FIRST had a 10% pull back off the upper megaphone resistance.
I believe this resistance at the $300 - $314 level for Tesla (See Chart). I am expecting a pause or pull back here of c.10% or more.
Eventually we should breach the $300 level and find support above $314. The trade becomes much safer then.
The 200 day is far away from price atm and we will revisit it at some stage. In 2019 we had a massive breakout of 161% and came all the way back down to the resistance level.... patience is king. If you intend on sitting through such a move, fine. If not and you want to pick a less stressful entry keep these things in mind and use my chart as helpful guide.
PUKA