TSLA did not break below 914 on the sell-off today...hmm IF...IF...if SPY does Gap & Go tomorrow morning it will creates a short-squeeze in order to get above 200ma on 8/17/2022 we MAY see an Impulsive Gap & GO - for TSLA to begin its final leg of this rally~ This will also support the Cup & Handle on Macro Charts -Target of the .0786 as the possible final...
my opinion only - Time to start taking profits -Possible 7% Upside from here in the SHORT TERM - "Stock Split Pump & Dump" -TSLA is hitting Supply Areas, & Major Resistance -Volatility is returning in markets -General Conditions Index reported negative -31.3% Today !!! 8/15 --Seasonal Weakness approaching in Tech sector for Markets -Technical Indicators...
QQQ strong but .... TSLA has a possible bearish pattern setting up - we need big volume to break above 932 to remain bullish ..or we are heading to fill gap & pickup liquidity before moving up to new highs possible only - not confirmed yet
Possible Crown Reversal Pattern TSLA to 891 triple Negative Divergence on 5 min - Market is currently overbought, Calls are back on the rise Long term Bull - But short term drop to TSLA below $900 can provide buying opportunity Macro- TSLA Consolidation (Accumulation patternphase 2)
bullish cycle confirmed. Will momentum push us up past 0.382 ($858.53) or does it fill gap $865 then pull-back to fill 765 area Market Momentum could push right up to $950 before looking back ? Daily - we are oversold, going into resistance and the 150MA (Weekly 50MA) Weekly Indicators are all Bullish confirming June bottom. Weekly Fib Retracement correlates...
TSLA Is showing bearish divergences. It can still rally to a higher high, but this …along with the market is going down 1 more time to validate daily support before beginning the new bull cycle. WE Are almost there!
Tesla is showing bullish momentum with large volume on the 15min if NDX & SPY continue with bullish momentum & Tesla breaks 745 with strong volume, I think we will fill the gap at 771.80 if Earnings are STRONG then we can see continued bullish momentum BEARISH SCENARIO * my indicators are leaning heavily towards a move up then selloff I don't feel that...
H&S Bearish Pattern in play - No Bullish Divergence on RSI / STOCH / MACD to give us a clue. If ADA can break through and maintain above $2.41 then $2.53... we may see Positive Trend Reversal - if not, I think ADA will Continue with a Bearish Pattern to bounce with false relief at 2.20 then down to $209 & finally $1.88 as the Strongest Trendline. Good Luck!