Tsla has been consolidating and broke-out of a bullish bullish flag today with weak conviction ... Bulls need to see a big volume break-out tomorrow and regain $200 as support. *Call Wall Options may have prevented Tsla from advancing with a strong break-out $197 is strong resistance + weekly resistance line just above @ $198 $198.84 If Tsla does not open...
We have formed a bearish Rounding top today after rejecting off the bottom channel of Larger Bearish Ascending Wedge. Rounding Top measured move: $185-$184 area. *Rounding Top patterns tend to test the neckline $192-$193.75 & have false bullish breaks -keep an eye on volume with price action if TSLA breaks through $186 and does not recover quickly, it will become...
I had put this together awhile ago.. just throwing it out there for feedback The Markets reaction to FOMC / will dictate how Bearish we go. I'm Partial to the Bearish Wedge Continuation Pattern
TSLA opening above $198.5 should go up towards $204 gap fill possibly $206 retracement ... resistance @ $$199.5-200.5 then $204 (2 sigma weekly Move) If Fed is Dovish today with a 25bp hike this will help to push bullish narrative Fed with 25bps and Hawkish rhetoric can stop the bull run. Below $194, we could see Tesla go for Gap fill below and settle...
Sorry - Running Late Today... Here is Quick Info ..more detailed analysis and Market view Later
Markets bounced strong today... but will Tsla join or be the one to take the hit so the other stocks can run? TSLA had a Rough Day I'll Keep this simple.. Here are my thoughts on Distribution Schematic: 114% Bull Run in 1 Month - Mainly Short-Squeeze Move We could see one more move up in a Wyckoff fashion - this will burn the $200 call options along with all the...
Bearish Pattern upon Bearish Patterns ... 2-3% Drop expected $182.5 is my target Bulls- TSLA needs to Bounce @ $187 -$185.42 , if not then tsla will see $183.7 -$182.56 ....below $182.56 we can see $179 then $176 *BELOW $179 is going to be tough to get back above $182.. the 50 Daily MA could be next target Weekly Expected Moves: High $210 Low:$184 Max Pain...
Bearish Pattern upon Bearish Patterns ... TSLA needs to Bounce between $190-$186 soon... ...if we head to $183 & do not Reclaim $186 or above... then we can see a H&S play out to take price to $170's
Calls are Getting ROASTED! .. PUTS are next..Wall-Street loves to make money! This is just a possible Schematic - our small frame indicators helped to call out distribution and bearishness in TSLA . I believe the Composite Man would make one more liquidity grab before dumping off? .. the markets are ready to bounce before the next big sell-off I would like to...
These were charts I posted Yesterday in anticipation of end of Month Close & Investors Day.. I believe they are relevant enough to Post, Let me know how you think this plays out Schematic#3 would be a capitulation Drop....
sorry -Late morning - set setting to the 2 min Will post info Later
VIP Day for TSLA *DUMP & PUMP or PUMP & DUMP... Manipulation is Strong at these levels This Consolidation will end soon leading to continuation break-out or distribution Bullish Target $221.5 + Close above $224 will show Buyer Commitment Bearish Target: Close below $197 *POC My Patterns & Targets are on Chart Detailed Insight from: 2/28 TESLA is currently one...
TESLA is currently one of if not the Strongest Stock and is helping to hold up the Markets. Strong Move today on Lower Volume. I believe that the Rally is close to wrapping up at this stage of the "Mark-UP" *Wyckoff Distribution" I can see Possible Bullish Continuation through Wednesday. Technicals/Indicators/Patterns: $200 Daily MA & 0.382 Fib are psychological...
as I was trading I had to show this example of accumulation, markup & possible distribution -
FOLLOW PRICE ACTION & KNOW S&R Bullish Target $221.5 Bearish Target:$197 I will use this to track Day trading Price Action Detailed Insight: 2/28 TESLA is currently one of if not the Strongest Stock and is helping to hold up the Markets. Strong Move today on Lower Volume . I believe that the Rally is close to wrapping up at this stage of the "Mark-UP" *Wyckoff...
Revised Distribution - TSLA is beginning or completing final Phase of distribution, I would like to see one more Liquidity grab (UTAD) to 0.382 Fib from all time Highs ($221) , but $200 call option wall may prevent this. I would think that today would be the day to rally past $214 and drop below $200 in order for Wall-street to make most $ from Options. ......
Great area to open short position. Markets are moving into blow-off top (short-term) time for pull back and Institutional money to take part in the Market
I feel that TSLA is in or heading into correction. $214 pullback, continue or correction. Original Thesis was $234-$238 Correction zone with Pullbacks and gap fills before big Correction. This would also be a great BullTrap so that Wall-street can bank on the $200 Call Options this week. *TSLA is STRONG, The Markets have been Rallying but there are Warning signs...