Volume and Price Movement/Earnings
TSLA It's important to zoom out and look at the long-term case. The monthly chart has some clear signs of direction.
Considering volume and trend, the highest volume months occurred in 2013, 2014, and 2020 during lower price range consolidation periods.
A large increase in volume and price occurred in January 2023 post earnings in the $100-$200 price range. In July 2024 another large increase in volume coincided with a large price increase that eventually ended up at the ATH 6 months later.
The runs to the +$400 price point in 2021/2022 and 2024/2025 were all lower volume rallies, in comparison to the volume during accumulation phases. The volume at the $100 low in January 2023 was much higher, indicating accumulation between the $100-$220 level during Q1 and Q2 2023.
On earnings month July 2024, another large increase in volume at the $200-$270 level.
Based on volumetrics and current price of the low to mid $200s, the trend seems to indicate a large increase in volume incoming for the Q4 earnings as massive accumulation occurs after the earnings announcement.
Price forecast post earnings: $215 area low to $285 area high for the remainder of Q2 as consolidation continues. As more information becomes certain during Q2 and Q3, I expect higher price levels into the end of 2025.
It's easy to get lost in the short-term charts, which are important for short-term trading. Just don't get caught in the wash, which there is plenty of in many forms.
TSLA It's important to zoom out and look at the long-term case. The monthly chart has some clear signs of direction. Considering volume and trend, the highest volume months occurred in 2013, 2014, and 2020 during lower price range consolidation periods.
A large increase in volume and price occurred in January 2023 post earnings in the $100-$200 price range. In July 2024 another large increase in volume coincided with a large price increase that eventually ended up at the ATH 6 months later.
The runs to the +$400 price point in 2021/2022 and 2024/2025 were all lower volume rallies, in comparison to the volume during accumulation phases. The volume at the $100 low in January 2023 was much higher, indicating accumulation between the $100-$220 level during Q1 and Q2 2023.
On earnings month July 2024, another large increase in volume at the $200-$270 level.
Based on volumetrics and current price of the low to mid $200s, the trend seems to indicate a large increase in volume incoming for the Q4 earnings as massive accumulation occurs after the earnings announcement.
Price forecast post earnings: $215 area low to $285 area high for the remainder of Q2 as consolidation continues. As more information becomes certain during Q2 and Q3, I expect higher price levels into the end of 2025.
It's easy to get lost in the short-term charts, which are important for short-term trading. Just don't get caught in the wash, which there is plenty of in many forms.
