Tesla
Long

$310 Target near the .618 extension

Zaktualizowano
reviewing TSLA weekly Chart, I can see a price target of $310.
1) First TSLA needs to get over $215
2) there was a bearish Harmonic Bat pattern that sold off from D leg, and retrace to the 1.618 fib level extension. Notice price action bounced off from that level, and formed a based untl it hit resistances .382 fb level, and currently is resting at the .236 fib level.

3) If market rallies over the next few months, and tesla closes above $215, price action is likely to retest D leg which is above the .618 extension. which I have as my target $310 area.

4) the .618 extension which is a resistances level (D leg sold off) would then become future support if the overall market is still bullish

5) there is a base formed on the weekly, the handle isn't true or confirmed. It wont be until a breakout above $215.. Many experience traders will attempt to get in front of this trade, but expect volatility

Also there is an apex forming by the AD, however it will take a few months to complete likely near end of 2023 or early 2024
Uwaga
March View w/ wave Eliott Wave Count, looking to add some calls Monday and a long position
snapshot
Uwaga
looking to add some TSLL at the eod which is the Tsla 1.5x etf its under $11
Uwaga
Bull Flag on 2hr time frame snapshot
Uwaga
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Uwaga
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Uwaga
told you , now we have 2 bull flags on SPY which if we take it out the intraday highs this can run to $200 snapshot
Uwaga
monitoring this cup and handle set up on spx futures snapshot
Uwaga
beautiful intraday chart by the AD snapshot
Uwaga
215 could cause a handle to form snapshot
Uwaga
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Uwaga
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Uwaga
AD showing a Bull flag $220 snapshot
Uwaga
based cup/handle pattern anticipating breakout.. The AD is showing an ascending Triangle to $220 snapshot
Uwaga
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Uwaga
no mercy over the next few trading session snapshot
Uwaga
Next $200 close or above gives breakout out of the cup and handle pattern. At a certain point i'm stop doing the updates. Lets say after the cup/handle pattern breaks out. Please be aware that im trading for myself, and not others. I'm happy to share my trade ideas, and I welcome feedback/criticism (post a chart if you dont agree). I get a lot of questions, in which I dont mind answering if I have time. However, during normal market trading hours I may not have the time to answer them, I need time to focus on my trades/strategies . So if you dont get a response, dont take it personally.
Uwaga
210 by Fridays close if we can get the cup and handle breakout... I do have a long position, that is my disclosure snapshot
Uwaga
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Uwaga
trying to keep the charts clean as possible. anyways my last update, I dont need to keep posting a million new charts.. have a bless day everyone and see you on the other side snapshot
Zlecenie zamknięto ręcznie
No more updates will be provided...
Uwaga
adding this morning, handle still valid on the weekly chart... buying this dip
Uwaga
Price action is still in the cup and handle
Chart PatternsHarmonic PatternsTrend AnalysisTesla Motors (TSLA)tslaanalysistslalong

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