Tesla's been tightening just where I want it to be tightening before it makes a big move - for me that's the 50 week moving average, where it held during the Covid meltdown.
Since its top in January, volatility contracted in the form of a bull flag. With earnings coming up in 4 days that looks like the catalyst to ignite a move in either direction.
Based on its history with flags above the 50 week MA, my bet is it goes higher.
This is an update to these most recent posts on Tesla:
November 8 2020
January 8 2021
GL
Since its top in January, volatility contracted in the form of a bull flag. With earnings coming up in 4 days that looks like the catalyst to ignite a move in either direction.
Based on its history with flags above the 50 week MA, my bet is it goes higher.
This is an update to these most recent posts on Tesla:
November 8 2020
January 8 2021
GL
Not
grinding at the 200dma and closing in on a breakoutNot
Next big resistance is around 830 and spot to trim for shorter term layers / active tradersIf it pauses there I expect that consolidation to set up a new pattern for new all time highs next year
Not
next targets 1120, 1500, and 2kNot
A dream set up for me would look like this from here:Not
Dream set up developing (see update above)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.