reviewing the 2hr time frame I have a Bull Flag set up with a price target of $200.00 there is a bullish cypher set up w/ price action currently near B leg, which is currently acting as resistances. I anticipate price action to return to C leg of the bullish cypher which I have at $200.00 I've already done a weekly Technical Analysis on Tesla with a projection of...
- TSLA looking to fill its upper gap - if we do fill gap looking back to test 186 resistance level - if QQQ can break to new recent highs than it TSLA will have a good chance to test 186
- TSLA trading in between 2 large gaps - which gap it will fill will likely be determine by which way NASDAQ will move to - NASDAQ & SPX closed right under Key Resistance - if we fill the above gap then we are looking back at 186 resistance
- NASDAQ:TSLA broke weekly support confirmed weekly downtrend - TSLA gap could be filled if we broke todays low of support - NASDAQ:QQQ bounced off of megaphone pattern support still trading within - QQQ likely break out of the range next week Tuesday 25th after big tech & MSFT reports earnings. - Still holding onto my SOXS position - check out my video...
- NASDAQ:TSLA Weekly support $163.91 - currently a 15m bear flag after hours after earnings. - now in a daily down trend - next strong support zone in the $166s - im currently not in the stock my after breaking out of the equilibrium (teal looking wedge) its favoring the bears at the moment.
- NASDAQ:TSLA likely trading sideways into earnings - 186.19 area is key resistance, need to close above it. - NASDAQ:QQQ also near resistance if it reject it will likely drag TSLA down and vice versa
- TSLA is currently in a neutral trend, sitting close to support but also right under 186.5 range resistance - TSLA has been performing relatively weaker than QQQ as of this week. - Earnings seasons are coming up and there's fear of earnings recession so either earnings come in normal and the fear alleviated and we get bull moves or vice versa. - QQQ also...
- Bullish inverse H&S weekly time frame - Bullish cup and handle pattern - 217.65 break of that level will form weekly and monthly uptrend for the bulls - delivery number will be key (i mentioned the wrong date its not this weekend) - QQQ is very extended might see some consolidation next week which may effect TSLA as well
- $QQQ about to break its tightening range, this will be very important for TSLA, - currently TSLA does not have enough relative strength to hold up if QQQ breaks bear. so it will likely break bear with it. - Bullish pattern: Daily Inverse H&S Weekly Cup & Handle - XLF / KRE gapped up nicely but bear took over after cash open.
NASDAQ:TSLL TSLL has risen 16% above a double bottom this week. Minor Resistance will be support once broken. Rising Relative Strength on the RSI shows no divergence. Inflow volume is consistent with the price action. I see this as a cheap play on the TSLA uptrend with multiple shares able to scale in and take partials on the way out. TSLA is in a cup...