Tesla
Long

TSLA basing on its volume profile for a trade LONG

Zaktualizowano
TSLA on the highly reliable weekly chart is at the bottom of its volume profile in the lower

part of the high volume area. The TTM Squeeze Indicator ( TTM = Trade the Market John Carter)

has printed a signal for four weeks. The RSI faster and slower lines are near to the 50 level.

The mean relative volatility has steadily decreased and this is in an increasing squeeze state.

This is a setup for a patient trader to take a position in a swing trade. I am looking for a trade

into the upper part of the high volume area and so to the 240-280 range. I will get some shares

as well as a few call options for November (ITM). TSLA will be subjected to a number of

variables making the trade a bit risky including the Musk compensation battle, the China

economy, competition with Chinese EVs in Europe, federal rate actions and the presidential

elections as well as the evolution of self-driving. It is TSLA's volatility that makes it a great

trade. My entry signal here is a TTM indicator going black to white.

Zlecenie aktywne
TSLL is the leveraged TSLA ETF

snapshot
Zlecenie aktywne
Sideways for now. may add on any small dips. snapshot
Uwaga
TSLAW sideways or a little higher. CEO compensation looms large. If he does not get hits payday he threatens to quit and get busy with his other projects.
Uwaga
Sideways continues for now. Patiently holding.
Uwaga
Nice up move today- patience rewarded.
Zlecenie aktywne
Buying the earnings missed long after a good pullback.

snapshot
evstockslcidRIVNTesla Motors (TSLA)ttm_squeezettmsqueezeproVolatilityVolume

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