So if you look at my past ideas, I base them mostly off a combination of Wyckoff, historical data/patterns, TSLA "sweetspot" fib levels, and VWAP + RSI (using varying anchors) indicators. Right now, what i'm seeing after earnings report is a strong move up, but as it stands it looks ready to fall out. The numbers aren't anything specific, more just my own way...
OK I'll try again... down we go? So if you saw my other post(s), after we cleared 235 I realised I got where we were wrong in the pattern - I got out when it hit 235 and have just been waiting on the side lines for my next move, but I'm back in as of next week. It looks like we are hitting this 260-270 range, and we should be looking to go short really soon....
I think this may see a pump and dump affect in the coming trading weeks just purely based on Wyckoff accumulation theory at this point. As it's a relatively new stock, a 12 month VWAP (the biggest available anchor) shows the stock to be at the bottom end of the support. So with that in mind + the accumulation example shown, it should fire to the upside. Will...
This is just a continuation of my last TSLA post because the comments were getting too long, but my conviction remains the same. I want us to hit a little lower before we head to the upside. Conservatively, just south of 200, with room to hit lower - green circle is the target, with a few support options available to us. With the small sloping distribution...
Taking example from a 30m timeframe BTC Wyckoff distribution phase pattern, I think the fractal pattern tracks well to match what we are seeing on the 1 day chart. I've colour coded each section in this above image for clarity on where I think we are. I could be wrong as we do have secondary tests to contend with which could see a break to the upside and this...
My previous idea was getting a bit long with all the additional comments, so I'm starting afresh. I'm still of the impression that we are heading for 270+, but Ive started to think that we might need one more fall out before we head up finally. I'll add some more comments to support the theory, but this is where my head is at for now. This could quite easily...
TSLA and RIVN move pretty similar, and I think TSLA is due a drop out in the foreseeable, so think the same will happen with RIVN before a big move up. This is an example of a accumulation phase from another stock, and much the way I track TSLA (see my other posts for examples), it works for RIVN too to my eye. I was recently asked what my thoughts were on...
I've kept this simple for now as I'm away at the moment, but we're looking at the AS to UT territory now, so it's just going to be full zoomies up IMO. As we get more structure in from this bottom, I'll update the post on a smaller timeframe for more accuracy, but you can have a look at my previous post and read through the updates for an idea of what I'm...
You can see the slanted Wyckoff distribution tracks perfectly with the top example in this screenshot here ibb.co - had to do this because every time I upload this idea, it misaligns a lot of the drawings (though if anyone can tell me how to post an image into these comments, that would be useful). We've hit the Wyckoff distribution resistance, and TSLA is...