Tesla Cybertruck: A Game-Changing Pickup That Will RevolutionizeAs traders, we are always on the lookout for groundbreaking innovations that have the potential to captivate markets and change the game. Well, my friends, the Cybertruck is precisely that—a game-changer. With its futuristic design, unmatched performance, and remarkable capabilities, this pickup truck is set to revolutionize how we perceive electric vehicles in the truck segment.
You might be wondering, "Will pickup fans actually buy the Tesla Cybertruck?" The answer is a resounding YES! Here's why:
1. Unparalleled Power: The Cybertruck boasts an astonishing towing capacity of up to 14,000 pounds, making it a force to be reckoned with. This electric beast can handle it all, whether hauling heavy equipment or towing a trailer.
2. Impressive Range: Tesla's cutting-edge battery technology ensures the Cybertruck can travel up to 500 miles on a single charge. Say goodbye to range anxiety and hello to endless adventures!
3. Unbreakable Exoskeleton: Built with ultra-hard 30X cold-rolled stainless steel, the Cybertruck is designed to withstand the most challenging conditions. Its exoskeleton offers unparalleled durability, making it a true workhorse that can tackle any challenge head-on.
4. Mind-Blowing Performance: Accelerating from 0 to 60 mph in under 2.9 seconds, the Cybertruck will leave even the fastest sports cars in its dust. This pickup is not just about power; it's also about delivering an exhilarating driving experience.
Here comes the exciting part: I urge you to consider buying more Tesla stock and seize this golden opportunity! With the Cybertruck's imminent release, we can expect a surge in demand and an unprecedented shift towards sustainable transportation. By investing in Tesla, we support a company that is shaping the future and position ourselves at the forefront of a transportation revolution.
Let's join forces and make a bold move together! As traders, we have the power to influence markets and drive change. Don't miss out on this chance to be part of something groundbreaking.
To learn more about the Tesla Cybertruck and explore the remarkable range of products offered by Tesla, visit their official website or reach out to your dedicated Tesla representative. Embrace the future; embrace the Cybertruck!
Thank you for your time, and let's embark on this electrifying journey together!
Tesla
TESLA Will Go UP! Buy!
Hello,Traders!
TESLA made a nice
Correction from the top
Of almost 20% but now
The price has hit the
Horizontal support of 241$
From where I think the
Stock will go up in a
Local bullish correction
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
TSLA - MyMI Option Plays - CALLsAfter finding support for the $242.76 Price Level which was support before TSLAs most recent run back to $299.
Looking for this to at least retest the 50% Retracement Level that was formed from the June 28 to July 1st original breakout.
The 50% played support for a majority of the end of July before TSLA broke Aug 1. I look to retest that 50% retracement and from there would expect continued downward pressure unless more financial/economic momentum can push it out of the Downward Channel that TSLA confirmed back on Aug 24th which also falls around the $265 Price Levels.
We purchased TSLA $265 09/15/2023 CALLS this morning for around $246. We purchased it prematurely as TSLA hit session lows of $242.76 missing the opportunity to purchase these options at a higher discount.
Amazon - Greed, Just Like Speed, KillsFirst, I understand that Amazon had an excellent earnings report, whether analyst estimates were gamed to the downside and it was easy to beat notwithstanding.
What you have to be really careful of right now is the excess greed that abounds in the markets. Greed is the thing that kills accounts the fastest, and when you blow your account, there won't be any use for TradingView anymore, and nobody will be able to have fun until you can save up to reload.
I am not saying any kind of bearish commentary on Amazon, although you should have reservations on this company because a lot of its business model is just to serve as an export faucet for stuff made in the Chinese Communist Party's land.
And you have to be careful with anyone whose business is tightly knit to communist China, because the International Rules Based Order is chattering disaster about "de-risking" from China.
Because the narrative about "Taiwan Invasion" really means that the CCP is close to falling and everyone is thinking about how to take control of that country.
But to take control of China, you need someone Chinese, which means you need a handpicked appointment from the Republic of China who will serve the globalists.
All this, and the 24th year of persecution against Falun Dafa by the CCP's Jiang Zemin faction just completed on July 20. In 1999, Jiang began a full genocide and organ harvesting campaign against 100 million spiritual believers, and it's persisted to this day despite Xi Jinping never participating.
In fact, Xi's Anti-corruption Campaign has been hitting the corrupt officials involved in the persecution ever since he took power in 2012.
Consider that the next time you see the media going off about what a Mao Zedong Xi Jinping is.
Amazon's monthly provides some clarity. The most notable thing is that the 2021-2022 distribution bars during the rest of the market's bull run indicates a proper and clear topping pattern.
And despite that, price never took out the most critical of lows, the COVID pivot at $81.30.
Instead, it spared it by 13 cents. Because numerology.
What it means is that long term, $80 becomes a target.
What's notable about price action before today's earnings report pump is that Amazon maintained the July low, albeit barely.
And this creates three weekly lows of equal "support."
Which also becomes a target.
Bear in mind, with Nonfarm Payrolls also being tomorrow morning, you may get yourself a trade setup that looks something like what happened to AMD on Wednesday:
AMD - Greed Doth Bad Habits Breed
When its ER came in hot in premarket and at open, and turned into a huge sell off and red day:
So the point with this call is to say that the August '22 $146 pivot may really hold. And if it doesn't hold, it might just get raided.
Which makes buying the top tomorrow morning something that isn't a particularly intelligent thing to do.
Worse, it means that buying the dip may be trading in the wrong direction, while selling the dump's retrace might actually be an optimal short entry.
Just keep in mind that we may have as much as another 2-3% of downside left in the SPX before we retrade towards/take out the tops:
SPX - The Sound of a Shattering Iceberg
If the markets really get blown to pieces heading into the end of Q3 in accordance with the JP Morgan collar, stuff like Amazon is going to head to a 5-handle by next year.
SPX/ES - An Analysis Of The 'JPM Collar'
You'll know the truth, in my opinion, when Amazon breaks the $125 flat bottoms, price won't come back, just like what happened with Netflix:
Netflix - I Hope You Like Catching Knives
What I really want to tell you all is that life still seems stable, it seems like all there is to worry about is making money and entertainment. But our world may very well change overnight, with no warning at all.
And what we've all done while the cards were still face down will be what determines who wins the pot and who loses their stack.
Tesla's Capitulation Bottom and the Significance of VolumeTesla, the renowned electric vehicle manufacturer, has experienced various phases in its market cycles, including a significant capitulation bottom. By examining the chart, it becomes apparent that volume played a crucial role in identifying key turning points and understanding market dynamics. I'd like to explore Tesla's capitulation bottom, the importance of volume, and its implications during the mark-up phase of a market cycle.
Capitulation Bottom and Volume Analysis
During Tesla's consolidation period from February to April 2023, the orange volume moving average line shows consistently above-average volume, even as the average volume increased. This observation indicates heightened market participation and interest. The consolidation phase witnessed a slight decline in volume as buyer and seller activity subsided temporarily. However, this period of consolidation created confidence to market participants, suggesting that there were insufficient sellers to drive Tesla's price back to the January 2023 lows near $101. Consequently, bullish investors stepped in, initially with low volume, but with increasing volume over subsequent weeks.
Climax Volume and Recent Concerns
In the beginning of June, Tesla experienced a second price mark-up phase characterized by a climax in volume. However, the most concerning factor is the lack of volume observed last week. While it's important to note that it was a short trading week, it remains the lowest volume seen since December 2022. The lowest all year. Even the Christmas week in 2022 witnessed higher volume. Last week was associated with a breakout to add to injury. Last week, Tesla achieved fresh highs for 2023, and a price target of $300-$305 is anticipated in the upcoming week or shortly thereafter. However, if volume fails to increase in the following week, it could signal potential instability, necessitating a thorough assessment of positions.
Understanding Volume in a Mark-Up Phase
In market cycles, volume serves as a critical indicator during the mark-up phase. During this period, when prices rise steadily, increasing volume signifies growing market participation and confirms the strength of the bullish trend. Robust volume suggests conviction among buyers and sellers, validating the upward momentum. However, a decline in volume, particularly after a climax or surge, can raise concerns as it may indicate diminishing participation or waning bullish sentiment. It is important to remain vigilant during such periods and conduct risk checks to protect positions.
Educational Insights
Volume analysis is a vital component of technical analysis, enabling investors to understand market sentiment and validate price movements. In a mark-up phase, increasing volume demonstrates conviction, signaling the sustainability of the upward trend. Conversely, declining volume after a surge or climax may warrant caution and risk assessment . Traders and investors should consider volume alongside other technical indicators to gain a comprehensive understanding of market dynamics and make informed decisions.
Tesla's journey has seen significant turning points, including a capitulation bottom, which can be identified by analyzing volume patterns. The consolidation period and subsequent mark-up phase provided insights into market participation and sentiment. Volume serves as a valuable tool to confirm trends and assess the strength of a market cycle. However, recent concerns arise from the lack of volume in the past week, warranting cautious monitoring and risk evaluation. By incorporating volume analysis into investment strategies and understanding its significance, traders and investors can enhance their decision-making processes and navigate Tesla's dynamic market with greater confidence.
TSLATitle: Bullish Momentum on Tesla Shares Backed by Smart Money Analysis
Description:
In this Trading View idea, we delve into the analysis of Tesla shares and their recent price movement, utilizing the Smart Money concept to provide insights into the bullish momentum observed in the market.
Smart Money Concept:
The Smart Money concept involves analyzing the activities of institutional investors, hedge funds, and other large players in the market. These entities often have access to more comprehensive information and resources than individual retail traders, making their actions and positions crucial indicators of market sentiment.
Bullish Signals:
Our analysis reveals several compelling bullish signals for Tesla shares:
Considerations:
While the Smart Money concept and other indicators suggest a bullish stance, it's important to remain vigilant and consider potential risks.
Conclusion:
Incorporating Smart Money analysis into our assessment of Tesla shares reveals a compelling case for a bullish outlook. However, traders should exercise caution, conduct their own research, and manage risk effectively before making investment decisions. As always, market conditions can change rapidly, and it's essential to stay informed and adaptable.
TESLA - Evidence of a Correction and BUY AREAS to look atHello guys!
This idea is shown on the 1 Week Timeframe. This weeks candle HAS NOT YET CLOSED.
We have currently interacted and have been REJECTED by a powerful RESISTANCE line (in BLACK).
If we look back into the HISTORY of TESLA interacting with this line, we can see that:
1. Nov. 1st 2021, it pushed price down for about a 23% correction, which took about 49 days to complete
2. On Jan 3rd, 2022, after another attempt to test -> it pushed price down for an almost 42% price drop, which also took about 50 days.
3. On April 4th, 2022, for the 3rd time we tested this line causing a price drop of about 45%, taking about 49 days. This one however would ignite the price drop to 100$ TESLA.
My targets for this correction are associated with the FIB RATIO
Note currently: Our current weekly candle is below the 0.786 level of $258.42. If we close below and CONFIRM in the next couple weeks, it strengthens the idea that we go down further. We would need to STAY ABOVE this level for us to see another attempt to test BLACK LINE.
From the BLACK LINE and the price level we hit of around $298, we have to date dropped roughly 16%.
We also have some SUPPORT at $240.
Our next targets are:
1. 0.618 level, which is at $225 (Which is about a 15% drop, from current TOP)
2. 0.5 level at $201 (Which is about a 3% drop from current TOP)
So basically my POTENTIAL BUY ZONE would be a range between $225 - 200.
NOTE ALSO: the 1W 200 MA, moving up fast to converge at the 0.5 FIB level. This would be a critical SUPPORT zone.
Though the current price action DOES NOT have to follow this at all, other clues are seen that makes me think we are now in a similar corrective mode. Particularly in the indicators i have shown.
Firstly, RSI -> Here notice looking back in history every time ORANGE RSI line moves below the BLACK MA and into the RED RECTANGLE ZONE, it coincides with a PRICE CORRECTION.
CURRENTLY -> We have peaked our head below but have not yet CONFIRMED. Need to keep an eye.
Next is STOCH RSI -> this shows momentum, crossing above 20 level is BULLISH, BUT crossing BELOW the 80 level is indication that BEARISH momentum is coming in, With the BLUE LINE crossing below the ORANGE. Notice though, the ORANGE line has not caught up with BLUE yet. So if this is seen, Days end Friday means we have further downside.
Lastly, is the MACD which is also a momentum indicator. Here notice how the GREEN histograms are getting smaller and lighter. This is an indication of decreasing BULLISH momentum, with the present of the flattening BLUE line. If it continues to get smaller and lighter, and in a couple of weeks we see RED with a CROSS of the BLUE line go under ORANGE, this is BEARISH.
CONCLUSION:
In my opinion, we are currently in the beginning stages of a CORRECTIVE move in TESLA. If confirmations occur where price is below the 0.786 FIB level, and within the indicators we may have further downward action. It is then important to continously monitor this and in the coming weeks it will become clearer.
Thank you! For updates on TESLA and on other ideas in the market, FOLLOW me! If you liked this content, please do boost, follow and comment!
DISCLAIMER: This is by no means financial advice, i am NOT a financial advisor. The content here is my opinion and for TA educational purposes. When trading do work out your own strategies and focus on risk management.
Nasdaq - Buy targets before continuation.I am eagerly anticipating Nasdaq to hit these targets. Once at least one of the two targets is achieved, I'll consider buying more stocks. If the second target also proves correct, I'll be even more inclined to invest further.
After these targets have been hitted I expect a move towards ATH and beyond. It could take some months for these targets to play out depending if both of them will get hitted or not.
I would say 3-6 months is reasonable.
Good luck out there.
NASDAQ 100’s special rebalance On 24 July, the NASDAQ 100 Index conducted a special rebalance to reduce the concentration of the so-called ‘magnificent seven’ in the index. The seven stocks whose strong performance this year has driven the index are Apple, Amazon, Microsoft, Alphabet, Tesla, Nvidia, and Meta.
The index is typically reconstituted annually in December, with additional rebalancing opportunities each quarter. A special rebalance outside the usual schedule is only happening for the third time in the index’s history, with the first two having been in December 1998 and May 2011. According to NASDAQ, a special rebalance may be triggered if the aggregate weight of companies individually accounting for more than 4.5% of the index tops 48%. Based on this, NASDAQ announced its plan to rebalance the index on 7 July. The new weights were applied before the start of trading on 24 July.
What happened in the past?
Strong rallies in tech stocks were behind the special rebalances both in May 2011 and December 1998. In 2011, Apple was among the stocks that saw its weight being reduced notably following a period of strong performance. And in 1998, it was Microsoft1. Performance of the index following the two rebalances does not give much to go by. Following the rebalance in December 1998, the NASDAQ 100 continued on its upward trend while the index was weighed down following the rebalance in May 2011.
What it means for investors
For investors looking to position themselves tactically to benefit from this development, arguments can be made to support both bullish and bearish cases. Passive money tracking the NASDAQ 100 Index will be forced to sell the biggest names on Wall Street which have made a significant contribution to the index’s performance this year. This could create some volatility in the short-term especially given the special rebalance has happened in the middle of the earnings season and market sensitivity to announcements may be heightened. Already in the week of 17 July, when Tesla and Netflix announced their earnings, markets reacted adversely to their cautious outlook for the third quarter. This also means that it would be hard to completely isolate the impact of the rebalance on stock prices. A dip in prices may, however, may be seen by some investors as an entry point.
But while the move from NASDAQ is aimed at reducing the concentration of the biggest tech names in the index, the special rebalance does not mean that the NASDAQ 100’s risk profile has changed materially. The index follows a modified market capitalisation methodology which means that, subject to some limits of influence, the biggest companies will still occupy the largest weight. The index, therefore, continues to give investors a way to capture the sentiment in growth stocks, bullish or bearish.
In some of our recent blogs, we have also emphasised how the NASDAQ 100 is not a way to capture specific tech megatrends such as artificial intelligence (AI), despite investor sentiment towards AI driving the fortunes of some of the top names in the index. Dedicated AI strategies, such as the NASDAQ CTA Artificial Intelligence Index, tend to have relatively low overlap with the NASDAQ 100. Again, the rebalance does not fundamentally change this.
Closing word
The NASDAQ 100 Index was launched in 1985. This is only its third special rebalance in almost four decades. For an index which is focused on growth stocks, it signifies how contributors to performance have been concentrated right at the top this year. For tactical investors, there may be opportunities in the short-term resulting from this. For others, it may be a reminder of the need for diversification.
Sources
1 Source: CNBC report from 05 April 2011
This material is prepared by WisdomTree and its affiliates and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The opinions expressed are as of the date of production and may change as subsequent conditions vary. The information and opinions contained in this material are derived from proprietary and non-proprietary sources. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by WisdomTree, nor any affiliate, nor any of their officers, employees or agents. Reliance upon information in this material is at the sole discretion of the reader. Past performance is not a reliable indicator of future performance.
Tesla -> Protect Your Position Now!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 retested the last strong support zone for bulls, the 0.786 fibonacci level at the $100 level, the recent pump over the past couple of months of more than 100% was no surprise at all.
With the weekly timeframe being quite overextended on Tesla, I would actually love to see a retest of the 0.618 fibonacci level which is perfectly lining up with previous market structure.
From a daily perspective you can see that Tesla is starting to create lower lows and lower highs so there is the chance that we are ready for a shorter term bearish correction - I do expect this correction to end though after we saw a retest of the $220 level.
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:
Meta - To Long, Or To Short?I have to say that Meta is one of the hardest charts that exist to read right now, mostly because for 9 straight months, an unprecedented feat in the history of Facebook, it has gone up in a straight line, and bigly.
You only see it clearly on the monthly:
And yet the problem with the bull thesis for a new all time high is the '22 bear raid took out all the sell side all of the way back to 2016.
Although you can have, and speculators and hodlers have been fortunate enough to have had, a significant retrace afterwards, stocks taking long term lows is usually kind of like when a person turns 50 and starts urinating blood.
It means something is wrong with an organ and the time they have left to live is not so long and not so bright.
Even the weekly is insanely one-directional
This stock will have attention tomorrow as post-market earnings have produced another $20 gain, but notably, as of time of writing, have brought the price only to $319, still underneath the July high.
Geopolitical risks abound in the markets right now. Much is happening with Mainland China and the International Rules Based Order. You can consult my previous calls, which are below, for my thoughts on the situation.
But the Cliff's Notes of it is that the 24-year persecution and organ harvesting genocide of Falun Gong by the Jiang Zemin faction and the CCP may soon be made public worldwide if President Xi weaponizes those sins to protect China, its 5,000-year-old culture, and himself from the IRBO intending a Maidan Revolution-style coup to replace him with someone from Taiwan that happens to be a fine lapdog to the global regime's interests.
What is the bull thesis for Meta? Facebook is something of a panopticon data collection system and advertising network rolled into the guise of a social media platform where people voluntarily disclose their location, interests, likes, connections, and spend time interacting with friends and family.
Meta's rebrand is to force the world into something of a Nintendo 64-level version of Second Life, where you're supposed to literally sit in your cube eating the cricket crackers under a bunch of blankets with the furnace/AC off with the VR headset strapped to your face while you do data entry all day.
It's really the kind of dystopian thing the Chinese Communist Party really likes, because it means you can be submissive and agreeable slaves that don't threaten its stability and still produce work.
If mankind's future is truly to return to tradition (it is), what place does Meta have in it?
Meta has very little place in the future, and that's a fundamental problem, really, for everything that revolves around people living chained to computers and phones.
A really notable thing is that the Chinese Government, especially under Xi Jinping since he took power in 2013, has not allowed Meta/Facebook to set up shop inside Mainland China.
The world's most notorious totalitarian regime and the creator of social credit and censorship does not want Meta/Facebook's influence impacting their citizens.
Ain't that something. And yet, you're supposed to be bullish on this... because it's going up.
You just want something to go up so you can buy it and feel pleased when you see green, not sell, and then feel sad when you see red, red, red, and are liquidated.
This is modern humanity.
So here's the question with Meta: is it a short, or is it a long?
The truth is that with Meta, it's gone up in the kind of straight line that makes Apple blush for 9 straight months.
When something trades like this, you can never say "it's a short."
Instead, you can watch for when it does become a short.
And we're in the zone. Although the biggest gap has been filled, the monthly candles show that the bodies of the winning streak's candles are still respecting the range created by the February of 2022 doom candle that ended the Party.
On the daily, the last five days of price action, which correspond with a Nasdaq that may very well have topped but an SPX that does not seem to have topped yet, are the most bearish they have been during the entire bull run.
And so, if you want to get long on open, I can only encourage you to exercise caution. You may really have upside as high as $343. But you may also have upside no higher than $325.
It may also gap up on market open and then sell off, and that kind of a sell off at this kind of a time may mean you are trapped.
To confirm a bull thesis, $343 needs to be broken and maintained
To confirm a bear thesis, the first thing we need to see after the earnings manipulation is for the $288.30 double bottom to be broken.
From there, if $258.88 is broken, the trend is over and will have reversed, even though you may see further upside in the interim.
A break over $325 and then a rejection under $288 would be the most bearish. If that unfolds, it's no longer a dip to buy. Instead, long term puts while the VIX is so suppressed might really be really, really valuable.
And the problem for both bears and bulls is the $40 range that "confirms" whether there's forever uppy or forever doom.
Ford - A Cautious Post-ER Long ScalpFord is one of the richest charts among all of the U.S. equities to chew and savour for an analyst.
The reason is, its relevant price action to today spans some 22 years, and we can only see it on the monthly:
Notably, $26~ was a curious place for price action to stop and reject 18 months ago, leaving monthly hallmarks of potential targets
And looking at the weekly:
The rejection was so gappy, closed in ranges not seen on the monthly, but left open ranges not seen on the weekly.
And yet in 18 months, the flat bottom formed under $12 is no cause for bullish continuation. "Support" as retail traders are taught to believe in, is made to be broken.
Therefore, this chart would absolutely never be a long, in my opinion, except that price action you can only see on the daily has created a set of goalposts.
And those goalposts are at the $15.42 level, which formed a perfect double top composing the July high.
Before we begin, I want to warn you that trading the markets right now come with significant geopolitical risks surrounding China.
The International Rules Based Order is frequently going off about "de-risking" from China, but not "decoupling," and the meaning of this is pretty significant.
You should note that the propaganda machine is always targeting "China" but not "The Chinese Communist Party."
Don't you think it's strange that despite the CCP's 100 years of murdering significantly more of its own people than Hitler did in general that the global Party doesn't take advantage of the CCP's heinous human rights abuses and totalitarianism to take it down?
Instead, they're always going after China, its 5,000 year old culture, and its 1.4 billion pre-Wuhan Pneumonia population?
It's because the IRBO wants to take control of China as the CCP falls. They won't take control of it directly, because they're not Chinese, but will install a puppet from Taiwan.
And this is where "War With Taiwan" garrling comes from. It's not that Xi Jinping is going to invade Taiwan, but that the IRBO intends to take control of China with Taiwan as a proxy.
But Xi can always weaponize the 24 year persecution of Falun Gong, started by former Chairman Jiang Zemin on July 20, 1999, to protect himself and China, because Wall Street and the World Government have been extensively visiting Shanghai (Shanghai Gigafactory what?) to train Marxism.
And training Marxism in Shanghai means depositing collateral with the CCP.
Xi has never persecuted Falun Gong. Instead, Xi has even protected Falun Gong from the Jiangling thugs in Hong Kong, and that was the real purpose of the National Security Law and the installation of John Lee as Chief Executive.
Notable that Lee was banned from attending the San Francisco APEC conference in November by Joe Biden, in that light, wouldn't you say?
So, back to trading.
Generally, the market makers will not leave this kind of double top in play, because short sellers love to go bigly short under them because "it's strong resistance," before taking new lows.
It's noteworthy that Ford is only a ~$50 billion company. Compare that to Tesla and decide which company is over/undervalued.
And all of that is just theoretical, but when we combine it with the fact that Friday's earnings were actually pretty good, but Ford dumped, and back into the box that preceeded its breakout, making it a classic breakout-retrace long, we have a trade setup.
So here's the idea.
Unfortunately, I believe that there is extremely high probabilities that the indexes are topping to end July or to begin August, which I go over here:
# SPX - The Sound of a Shattering Iceberg
Ford would probably get drug down in a 200+ point SPX correction.
That means that while we have significant bullish upside targets, at the $18 and $22 levels, all of the long term price action considered, we probably have to raid the bottom under $10 before Ford can really and truly rally during an index recovery.
So what we have is a long from where we are on Friday, +/- $12.80, with a target of $16.
This is a pretty nice range to collect.
Rather than use a strict price based stop, what I would like to say is that if Ford does not trade up and away from this $13 level within the next two weeks, it would indicate that big money is up to something else, and a long trade is either not valid or too risky to bother with.
Conversely, if you're bold and brave, shorts/puts over $15.50 with a target under $10 before 2024 may equal an even better payout and risk reward setup.
This trade is something of a coinflip that I only have moderate confidence in. What I have confidence in is that the MMs will not leave $15.50 in tact before they really dump it.
I also don't believe they'll leave these perfect flat bottoms in tact before they pump it.
So, be careful, and good luck. Plays like this are a lot better than gambling on the latest dumpster fire coin (AMC, SPWR, lol) spread on Marxist messenger Reddit.
Some Technical Areas For Tesla, Apple & AlphabetHi,
A little guide for you about Tesla, Apple, and Alphabet. Pointed out some key areas from where to take out some profits or if you are interested in some sort of stocks then a couple of scarious from where you can jump in. Not an idea post, more like an analysis but still, it should give you a little picture about them.
Tesla (TSLA)
Recently the Tesla stock has been respected by technical analysis quite nicely. Several calls have worked almost perfectly and short-term targets are reached fairly easily.
Currently, for me, the Tesla stock is in the middle of nowhere. My previous short-term target was around $300 and it has been reached, so I will wait for further price action. If the price goes above $300 then I will consider it as a breakout and I need to see a price action above that to make a decision.
The sweet spot for me is the $190-$220. If the price reaches there then I'm ready to take it but we need to see a quite good selloff - let's see.
So, if you are not in Tesla then wait for a breakout above $300 which can confirm further growth, or wait for a pullback/selloff to the mentioned lower price zone.
Apple (AAPL)
This year has been quite good for Apple, the gain from the bottom is 58%. In the first week of 2023, it bottomed and after that, very solid and consistent grind to higher levels - a new all-time high has reached.
If you are on it then short-, and mid-term investors can think about taking some profits because it has reached to the round number of $200. The round number can act as a resistance level and the price can be stuck there for a while or it can get a rejection to downwards. So, if you don't have a long-term plan with AAPL then there is a place to take out some profits.
If you don't have any Apple shares then you should wait. Firstly, how the $200 act and wait for the price action. If it gets a pullback then you can grab it from the previous highs which now start to act as support levels. These are not the strongest areas but at least you have something to stick with because to buy it from the current price can be quite a huge mistake considering short-term investment.
So, if you see a pullback then be ready to act around 170 to 180 dollars, and the strongest price zone is around ~$150.
Alphabet (GOOG)
Technically the last weekly candle close was a small breakout. $126.5 has been a minor horizontal price level. This level has been a short-term support level and a couple of months ago it acted, and stopped the price, as a resistance. Now, we have this level "smashed" with quite a solid weekly candle and if you are interested then technically you have a light-green light to take it during the retest of ~$126.
Stay cautious after you have seen a monthly or weekly close below this level.
Regards,
Vaido
DOGE : NEXT UNEXPECTED BREAKOUT? $0,13The trend shows an interesting view for Doge.
The big question is if Doge is going to break out unexpectedly since some patterns show an important trend signal that is able to break out in a breakout confirmation.
The zone where Doge is now is the previous zone of increase.
Interesting to follow and to see if we are going to get an unexpected low time frame breakout from the doge.
$0,13 will stay for the coming important target.
Doge is a high-risk coin and should only trade with good risk management.
There are no guarantees in the markets.
Doge is known for unexpected breakouts that sometimes run out of the price action of BTC.
There is no reason always to expect that price action will change in a fast time frame. patterns showing only the interest and possibility of a breakout.