Chart Analysis: In this analysis, we delve into the price dynamics of Tesla (TSLA) using the daily timeframe, aiming to identify possible scenarios based on recent price developments, with a focus on the critical $241 level. The analysis examines two conceivable outcomes depending on the behavior of the price around this pivotal level. Key Levels: Resistance:...
I called TSLA to 300 then I called TSLA to 234, I'm now calling it 371 if 234 holds.
PayPal is one of the best stocks to hold for the long term as they just got a new CEO and made a crypto coin. My wave targets are: Wave 1: 103 Wave 2 79-83 Wave 3: 175 Wave 4: 140 Wave 5: 225 One of the most bullish long terms stocks there is.
My previous Tesla chart had 234 as the bottom if it held and which it did not so this is my next support zone. Support zone\Target: 218-220 220 is a gap fill and 218 is the FIB tool and key support. If this fails to hold I'll update and post a new one.
I made this EW a while ago and I'm now going to share it on Trading View for you. I see Wave 1 rejecting 146 as that's a key resistance. I then see it going to 114 for wave 2 as a key support line. I do have a zone for wave 2 however which is 114 --> 110 --> 101 Good luck!
KHC is close to my buy zone at 28-32 which is at least a 5% drop. I can see it reversing in that zone creating a new motive phase. We must wait for rejection in my buy zone before entries can be put in.
With this wedge forming with TSM and this trendline as support I think this could be a monster trade. I'm targeting 135 for Wave 3, 115 for Wave 4, and then around 160 for Wave 5. Some people think this could fill the gap but I don't think so. If you look at TSM and Tesla they look very similar and Tesla didn't fill the gap and stopped halfway just like TSM will...