Quickpost BTMFD on TSLA

2021年3月5日

Glossed over:
Interest rates are pumping, debt is getting expensive, commodities are booming (silver and electronic vehicles, DYOR) and DXY is in a massive ascending triangle (get good at TA or stay poor).

Quickpost

• Potential elliot wave 1-5. Looking for an ABC correction to conclude within Wave 4. No idea if we get a triangle, running flat, some sort of W pattern, or something else.
  
• I expect the weekly Bollinger Band to be supportive on this trade. If I see price action out of the weekly BB I will be trailing down buystops or buying calls.
  
• A 1-5 and A-C correction set up a higher time frame 1-2 Elliot wave. Target is near the moon (not shown due to quickpost).
  

Conclusion
Not financial advice.

2021年3月18日

註釋

I continue to wait to buy this dip. The Bollinger bands and price action appear to continue to support my analysis and wave count. Midline of the daily BB continues to act as stiff resistance.

2021年3月26日

註釋

TSLA is now under both the weekly and MTF Vstop. It seems clear that we are going to see our C wave after doing an A and a B (not shown). Target is still the buy box. If we don't go below wave 4 that means we are primed for a massive uptrend rally as the stimulus and meme-stock phenomenon inflate this bubble even higher over the next 3 years or so.

2021年4月22日

註釋

Looks like a perfect bull trap. Target zone remains the same.

2021年4月27日

註釋

tradingview.com/x/XRnhgnxx/.
TSLA is about to have a daily MACD cross with the price action against wedge support. The break is almost here.

2021年5月13日

註釋

Current plan

2021年7月8日

註釋

Developed into an ascending triangle, buy box is the same.