TSLA is pushing again

2023年5月24日

TSLA on the 4H chart started 2023 with an upward trend taking it from basically $100 to a

doubling by February 15th then a reversal in a fibonacci retracement fashion to mid level

level by March 10th with a bounce up and then resettled in the same area by April 20th

then holding above the upper of a VWAP band until its reversal a week later. At present,

TSLA is pushing higher and has crossed ever a low VWAP band as well as the mean from the

anchored VWAPs. TSLA reversed on April 27th at the bottom of the high-volume area of the

profile and is now progressing through it. I believe that this is a good long setup. The stop


is VWAP at $178 The target is $ 196 which is the neckline of the head and shoulders from

February as well as the April 1 pivot high. i believe that TSLA has enough interest and

typical momentum to push $10-11 despite headwinds like interest rates and loss of

market share in China and the Nordic countries due to USD strength. The volume indicator

shows relatively high volume compared with this past winter. I think this accumulation will

result in price appreciation as things progress ( as per Wycoff).

2023年5月25日

交易开始

They say TSLA is down a little today because XPEV did badly on earnings- sounds a bit lame. TSLA will rise tomorrow i think because NVDA-based optimism dominates. Multiple tech stocks will be competing for buyers' money.

2023年5月26日

交易开始

TSLA rose above the top of the cup in the cup and handle formed since last earnings. This suggests another $ 35.00 upside continuation. Call options are up 85% this week. Risk on, I will carry these forward and place another trade for the November expiration at a strike of $185.