Dageedoo Follower Request $TSLA close up #Internals You saw how this very similar W/double bottom on #61fib worked out on AAPL... This is a 50% retrace W... I prefer #61 retraces, but with TSLA im not surprised with some extra volatility. Go with the flow... 186 first level to break, 198 next stop. then if strong enough hammer on 198 200 critical level breaks 10+ and youre at 220 like AAPL hit and people profit take.
Below redline or Diamond mid point (176) idea is DEAD.
LESSON TIME; Critical level breaks can bring quick moves 10-20% in a few days. I'm always "eyeing" critical levels on "Big Name/Mega Cap" stocks... ie; FB 500+ , would you believe me if I was "eyeing" AVGO under 1500... you wouldve caught splits on that n NVDA with critical levels in mind (1000 crit level for NVDA)... 3 big stocks all breaking through with these methods is not as strong as some might think, short term yes, long term questionable. Not everything is a critical level/ price "number" and markets psychology help determine these, usually round, usually act as resistance or support prior, see AAPL W... 1 2 3strikes then through at the old stock game...
LESSON CONT; I have a very unique set of tools. Tools I have acquired over many years. Tools that make me a nightmare for women who want a man with a "normal" job. Tools like Fibonacci Retracements, Technical Patterns, RSI, Stoch, Multiple Timeframes (3Day is my fav), and Bollinger Bands with MAs. Be sure you find your own trusted tools. Because I will be here, I will find the patterns, and I will execute them.
-Good Luck - Prof
