Regression trend shows our top end target at around 260. ema crossovers suggest bullish sentiment with all ema's converging past 200ema. 240 psychological wall broken.
I am late to the game, but the sentiment is that high rates equals lower cost cars so small margin to continue until fed decides to drop rates. head and shoulder neckline just broken. regression trend broken. the fib level suggests 220 low. 240 is another stop point, but unlikely if jobs data is still good
still waiting on that massive breakout gap up, likely on earnings where we have almost double deliveries. margins will be better because of tax credit and price increases. once we breakout from the top trend of reverse head and shoulders, the range is 289-324 for next couple of weeks. given the bullish trend this week, i expect a big gap up coming soon. i was...
check the 4 hour chart with 284 fib levels. on average, there are roughly 2-4 bars for this range up to the 295 fib. assuming a modest gain of about 4% based on some average daily moves of double green days into thursday, we might see 291 tomorrow if we break the 284 level. 300c for next week imo no news is good news end of day dark pools were massive as...
gap filled 240 support 255 next pt deliveries likely sunday, likely very positive upside 280, possibly more into earnings and july 4 weekend
head and shoulders looks to be forming on hourly 30 min etc. cool down period to 240 based on fib levels. ramp back up into july 4 weekend and 2 weeks prior to earnings. china deliveries expected to be great. news of cars being sold out scattered around, but unconfirmed. jpow seemed to not affect markets as much today
TESLA GAP ZONE TSLA swings up or down by a good chunk in this area. given the sentiment, we are likely swinging up to 280 next week hourly moving average looks good for reversal we are in a heated market, though i'd say the recent pull back is the first key pullback, so that's covered still bullish macron news on the table as well
down channel ready to pop cpi tomorrow, sub5% = market is going to PUMP fomc holding rates = market is going to pump anything else we will likely see red
Set up for bullish engulfing post-doji, breaking channel. Not like past resistances - 24MA now crossing 50MA. On track for golden cross past 200MA Major catalyst is inflation report as it will help fed determine when to lower rates
Pro's: Golden cross imminent: 50/200 MA Techinical breakouts Debt Ceiling passed Musk leaves china with good news Cyber Truck looming Model 3 Remake Psyche Level above 200 ma and 200 price Roadster is back with max speed at 250+mph (that's similar to price target lol) Massive monthly gains typically in the 30-40% range. June is likely that month...
gop will not hinder debt ceiling because if it causes a recession, the gov will need to provide stimulus and give biden more power due to crisis. that's opposite of what they want that being said, tbills will fall and assets will rise. slap on impending golden cross on tsla and you've got demand. fib levels are around 202 target and 220 in the next month or so...
bear case is 176 target with terrible earnings. monday tuesday likely a ramp up scenario into sell off, or q1 margins are so good, we get another price explosion like last earnings call. 190 is tentative topside target until earnings
Fib levels show that if if 8.5 is broken, then big gap ups look possible. dollar/btc ratio is the best that it will be or near optimal. btc will be pumped as market realizes this is the time to purchase. mara holds a lot of btc, so its valuation will increase significantly. new gpus from nvda's will also help mining chart shows descending wedge with obvious...
td ameritrade denying margin buys on tesla stock descending wedge set up hourly 50ma ready to converge with 200ma 120 weekly pt earnings in 2 weeks, this should follow the earnings runnup for about 10-20% needs to break 116 for renewed divergence
uptrend til 130, likely the pre earnings run up using fibs, regression channel for the newly emerged uptrend
volume analysis suggests aggregate level around current level and 190ish regression range indicates potential 156 bottom to do: time cyclese for under and over above center regression line. use fibs for levels
46k and 44k are the next levels with a low of 43 based off the fibs on the daily chart.
Wedge formation coming to a close in the next few week max. Could be sooner with a relevant catalyst. Ideal situation for going long. If rsi is low this week, that's when you enter