ILuminosity

ILuminosity

Cleaned my chart a little bit. Refer to original idea for clarity.

ILuminosity

Inflation + EV Bubble + Bearish TA + Crazy Elon = Extreme Volatility -If inflation sell-offs keep up, markets will go down and so will Tesla. Bearish sentiment in that sense. - Market is getting over-saturated with EV startups and good competition. Tesla is like the OG but it ran up too fast and quick due to pumps and speculation. -Closed below upper support...

ILuminosity

More pain then moon just like every equity in correction mode. -Third-wave Elliott wave down to finish correction at a maximum retracement. -Was in a bearish rectangle/pennant inside of a broadening formation. Closed below upper support levels... -Inflation will keep slamming and this will keep dropping for now. Bright future for this stock. Make sure to trade...

ILuminosity Updated 

Entry $1.8 with tight stop loss. Play is variable, follow the bottom of the wedge...

ILuminosity Updated 

Not the best stock and market conditions are making it worse. 5 wave super correction from my screen. Currently in the 5th and last wave of this correction!

ILuminosity

Sorry for being bearish but this market will merk penny stocks...

ILuminosity

Will we reach higher via reverse split or actual changes in the company for the better? PLOT TWIST: BANKRUPTCY then RIP

ILuminosity

Will the correction take us into a bear market or will we moon? Inflation or no Inflation No chasing here :)

ILuminosity

.146 or .236 then recovery. Unknown after that. Long-term BULLISH. short-term bearish.

ILuminosity

During these times of volatility, inflation fears mean the end of the world for paper hands. But hey, who can blame them. Today we will be examining PLUG POWER. Pretty simple really, the maximum retrace level is 85.4% which is .146. This is equivalent to 13.4-13.7, our target entry. Under ideal conditions, We should see a big breakout from this falling wedge....

ILuminosity

During the next 2 months, the stock market will undergo a correction due to inflation fears. Beyond is a great company, however, this drive will cause the stock price to drop to the maximum possible retracement, .146 sitting at around ~$73/74. This is confluent to the bottom of the triangle. The worst-case scenario is that we enter a bear market for some reason...