I have what seems like a thousand tesla charts now...and they are all telling me tesla needs to have a seat soon.
Tesla has been consolidating on the daily timeframe for quite a while now.
What happens if we continue to see presistent failures at the top of box or a look above and fail on the weekly? I'd put my money on a return to value.
At some point, tesla should revert back to the mean and I will be there waiting to LEAP at the opportunity(get it?).
I would love tesla around the weekly volume point of control around $245 area (this may shift as the days go by). If tesla retests the weekly value area high around $314 and is rejected then we may take a trip down to VPOC town.
Granted, for any of this to happen, we would need technicals to cooperate, meaning a LAAF of box and failure to hold the midpoint($384ish), as well as a turn in sentiment.
This could happen this fall or next march, who knows, but I'll be there when it does.
~The Villain
Tesla has been consolidating on the daily timeframe for quite a while now.
What happens if we continue to see presistent failures at the top of box or a look above and fail on the weekly? I'd put my money on a return to value.
At some point, tesla should revert back to the mean and I will be there waiting to LEAP at the opportunity(get it?).
I would love tesla around the weekly volume point of control around $245 area (this may shift as the days go by). If tesla retests the weekly value area high around $314 and is rejected then we may take a trip down to VPOC town.
Granted, for any of this to happen, we would need technicals to cooperate, meaning a LAAF of box and failure to hold the midpoint($384ish), as well as a turn in sentiment.
This could happen this fall or next march, who knows, but I'll be there when it does.
~The Villain
~The Villain
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
~The Villain
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.