TheCommissionorML

TheCommissionorML

I keep tracking the weekly and volumes continues to run lower. I have been playing with fib, gan fan and simple trends. I am predicting a stock rundown to $120 before we switch to a bullish retrace. Not liking with what's happening is China's economic downturn, reduced pricing on Tesla vehicles, etc. Definitely risk off on TSLA for now. Your thoughts?

TheCommissionorML

Please note that my analysis is always wrong so do not take this as trading advice, but rather an random observation. Tool indicators used: Gann Fan Bear pendant Fib Double top My last idea was on July 7, 2022 and as of today, I have not made any changes. The stock has been trading along along the S1 Gann fan (yellow line) for the past few weeks and the...

TheCommissionorML

Testing both bear flag triangle and Gann Fan. Feels like there will be an inflection point for Tesla stock price during its Q2 earnings date. The price has been trending at the bottom of my Gann support since June 20 and continues to follow along the bottom. My prediction which is always wrong. I think that we are going to see a bear flag downward and stock...

TheCommissionorML

On the hourly, I am seeing a short term melt up until we close the gap at $775. I predict that $775 will be the resistance point and the stock price will moves back down to consolidate? Do you agree?

TheCommissionorML

Tried using the Gann Fan analysis for the very first time on the daily and in the short term TSLA is looking to potentially dip to close to $600 before moving back up. There seems to be a similar pattern that took place in Jan 1, 2022. Only time will tell. Macros are not looking so well with oil reach over to $120/barrel. The higher it goes the greater...

TheCommissionorML

Not trading advice, but a very strange observation. Tesla has been following a general trend channel since April 4 2022 and every time I have seen a gap up with an ascending wedge, the price will tend to fall back to close the gap and continue to trend downward to touch the bottom trend channel before it climbs back up. Examples: April 29, 2022: Gap closes the...

TheCommissionorML

Looking at all 4 indicators of Volume(growing), MACD (Bottom), RSI(Bottom) and Stoch(Bottom) on the daily all showing bottom and reversal. I am estimate PT to for sure 890 in the new few weeks. Good luck all.

TheCommissionorML Updated 

Stock looking to close the last gap on July 8th ($16.77 zone) and it was just a failed attempted today, but it was close. I do like the hourly RSI bounce from 30, but I believe that we will see the mid $16 before the true bounce up. Hoping to see it close over the next week and then loading for the long term. Good luck all! Always open to feedback so we can...

TheCommissionorML Updated 

I traced back at 3 recessions looking at Business cycle peak, inversion start and recession start. I do notice that there is a small pattern of the Dow increasing right after the bond yield inversion begins and then a quick drop into recession. I have also included our current 2009 to my estimated 2019. The US still has hopes for a trade deal between China,...

TheCommissionorML

I really like this setup with pricing confirmation that price is at the bottom trend line and at the same time it found support at around 61.04. My next target is 69.19 and the stock heading back up to 76.30 to fill the gap. Looking very good as a good entry point.

TheCommissionorML

Short term simple analysis, TSLA has reached it's top channel with both RSI and MACD reaching it's high. The last descending triangle gave the stock a pop, but will need to come back down to the lower channel to consolidate. Consolidation price level estimate: $1760. The lower consolidation will last between 20 to 30 days. Once it forms a descending...

TheCommissionorML

Over the past 2 days, the descending triangle confirmed for me a reversal from the downtrend and if stock moves above 67.56 would confirm for me a bullish reversal. If this does happen, there is a gap in the 76.30 level where the stock will be trying to head towards that target over the next month or more. The MACD looks very positive in the short term which...

TheCommissionorML Updated 

We are setting up to see a very strong "pop" as we are in a downward descending triangle which is signalling a near term push to higher. Also the over all price is below the overall trend line and MACD/RSI are all showing good evidence of a upward swing. Good luck.

TheCommissionorML Updated 

Stock will need to close the gap before next move up. I like the setup as the RSI will be touching the 30 range on the hourly and if you looked in the past, whenever SQ was close to 30 on the RSI the stock tend to reverse. In this case we are almost there. At the same time I will wait for the MACD to dip below 0 and have the green cross over to red before take...

TheCommissionorML

Short term we should see this stock hovering in a channel over the next few weeks. It bounced off my $18.62 support line and at the same time fairly close to touching the bottom trend. May need to touch the bottom trend channel before we get the confirmation of a upward direction reversal. With the stock offering complete today and the Saudis picking up more...

TheCommissionorML

Eerily similar descending bull flag on July 13 and will the same MACD cross over right now will we see another 39% run up over time (1hr chart). The last one was from July 13 to 22. My prediction is a price of 32.10 over the next few days. It may not be the cabin reveal that will drive the stock up, but the other potential upcoming announcements.

TheCommissionorML

Looking at the hourly we see that we are higher high and RSI peaking on the hourly at over 75, we should see it back to a higher low to 20.92 for a retest. We see the first rejection close to the $25 mark as stock is trading at the top channel. Should return to retest $25 in about a week or so, unless there is new news that comes out.

TheCommissionorML

On the hourly this is looking like a cup and handle formation. The Daily and Weekly RSI is looking good should see some more upside. Could co inside with the cabin reveal coming up. Objectively, there is momentum here.