The internal trendline is broken in $TSLA shares and it is poised to return to old price levels at higher prices. The green lines with green triangles are the price range at the release of Earnings and represent KEY LEVELS where stocks have important support and/or resistance.
The internal trendline is the line that connects the "highest low" of rallies and you can see the bright green line has been violated to the upside with the gap-up today on 95,200 Tesla deliveries in the 2nd quarter, an impressive achievement and continues Tesla's significant year-over-year growth. As subsidies expire, $7500/car at year end, to $3750 at 2nd quarter end, the lower subsidy failed to curtail demand.
The chart also uses Multi-Time Period Charts, which is a free indicator here at Tradingview that I created that lets you see the weekly bars at the same time as you see the daily bars. The box around each week is <Green> if the close is higher than the open for the week or <Red> if lower close than the open.
The internal trendline is the line that connects the "highest low" of rallies and you can see the bright green line has been violated to the upside with the gap-up today on 95,200 Tesla deliveries in the 2nd quarter, an impressive achievement and continues Tesla's significant year-over-year growth. As subsidies expire, $7500/car at year end, to $3750 at 2nd quarter end, the lower subsidy failed to curtail demand.
The chart also uses Multi-Time Period Charts, which is a free indicator here at Tradingview that I created that lets you see the weekly bars at the same time as you see the daily bars. The box around each week is <Green> if the close is higher than the open for the week or <Red> if lower close than the open.
評論:
Excellent opportunity to buy 2 days ago on the 8th per my last update.
$TSLA has rallied solidly and returned to the price level from four days ago and has continued the uptrend from the low in June.
Stay tuned.
Tim 7/10/2019 10:20PM EST 238.92 last (close)
Excellent opportunity to buy 2 days ago on the 8th per my last update.
$TSLA has rallied solidly and returned to the price level from four days ago and has continued the uptrend from the low in June.
Stay tuned.
Tim 7/10/2019 10:20PM EST 238.92 last (close)
評論:
Only 4 more likes (up to 22) after 2038 more views (was 830 views, now 2868) ... astonishingly small "likability" of this chart. It bodes well for more upside for $TSLA as a contrary indicator.
$245.08 last $TSLA as of Friday July 12, 2019
$245.08 last $TSLA as of Friday July 12, 2019
評論:
Here's more insight as to the way to look at a chart, from a chart I posted to the Key Hidden Levels chat room on Friday.
Tim. July 14, 2019. 7:12PM EST
Here's more insight as to the way to look at a chart, from a chart I posted to the Key Hidden Levels chat room on Friday.
Tim. July 14, 2019. 7:12PM EST
評論:
Right on target.
Notice I didn’t put a big move in for earnings release day because Tesla changed the day they decided to report. Either way, short-squeezes can be slow and steady.
5:53AM Thursday July 18th, 2019
Right on target.
Notice I didn’t put a big move in for earnings release day because Tesla changed the day they decided to report. Either way, short-squeezes can be slow and steady.
5:53AM Thursday July 18th, 2019
評論:
Updating - it's ahead of the forecast and ABOVE the earnings level, which normally provides some resistance. Earnings are this week on the 25th, so anything is possible, including a move to previous earnings levels.
Tim 8:49AM EST July 22, 2019
Updating - it's ahead of the forecast and ABOVE the earnings level, which normally provides some resistance. Earnings are this week on the 25th, so anything is possible, including a move to previous earnings levels.
Tim 8:49AM EST July 22, 2019
評論:
The internal trendline held on the drop after earnings release and JB Straubel reducing his commitments to Tesla. The news can be interpreted many ways, but $600+ million positive cash flow is a positive development for a company with a $40 billion market cap. The last 12 months is now positive cash flow. This is a key time for Tesla, as it was for Amazon when they achieved it back in the early 2000's.
Tesla has acted relatively well after TRowe Price sold out of its stake in the company. New shareholders have taken control and the more time that passes we get more information about car reliability, safety statistics, and cost of ownership. With $5 Billion in cash, Tesla stands ready to survive much longer than everyone has been forecasting. Most bears have already been wrong about bankruptcy for a long time. The best investments have the most haters and therefore, Tesla has the most opportunity based on that rule. The valuation is still the hurdle.
Stay tuned!
Tim. 7/31/2019. 12:55PM EST
The internal trendline held on the drop after earnings release and JB Straubel reducing his commitments to Tesla. The news can be interpreted many ways, but $600+ million positive cash flow is a positive development for a company with a $40 billion market cap. The last 12 months is now positive cash flow. This is a key time for Tesla, as it was for Amazon when they achieved it back in the early 2000's.
Tesla has acted relatively well after TRowe Price sold out of its stake in the company. New shareholders have taken control and the more time that passes we get more information about car reliability, safety statistics, and cost of ownership. With $5 Billion in cash, Tesla stands ready to survive much longer than everyone has been forecasting. Most bears have already been wrong about bankruptcy for a long time. The best investments have the most haters and therefore, Tesla has the most opportunity based on that rule. The valuation is still the hurdle.
Stay tuned!
Tim. 7/31/2019. 12:55PM EST
Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Very nice reaction off of the OBVIOUS TRENDLINE that should have brought in a new wave of short sellers who are confident in their short position that showed them an instant profit. Also, previous short-sellers are happy that a logical level held and will maintain those shorts even longer should the price start to lift through that level.
Keep your eyes wide open here. This is a perfect pullback to buy.
Tim 7/8/2019 10:55AM EST 231.08 last $TSLA