The indicators indicate is going to roll over soon. If you have not followed me before now and not familiar with what I've taught about signals in combinations of indicators you may want to go back to see those signals in previous publications.
When management begins to exit, that's a GOOD SIGN TO DUMP YOUR INTEREST IN THAT COMPANY!!!
Have a look at my "SPDR S&P 500 Wyckoff Distribution Schematic #1" Publication:
Also, look at my "Dow Jones Industrial Average Wyckoff Distribution Schematic #1" Publication:
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It's working here now on the 18 Day TF, which see: Godmode is the top indicator. I know it says Phoenix. But trust me, it's the same as Godmode. At least with the inputs I use. Which are 9, 6 & 3. With an added LSMA and its input changed from 25 to 32.
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The weekly on TESLA is not looking good. It's still coming down more. Which see;
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Target for TESLA with Indicators @ $236.00
Without Indicators:
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Fox Business had a dude on Liz Claman "After the Bell" say the following about TESLA:
"It's maximum spend time as they ramp up for model 3 launch; They expect a lot of losses over the next 6 months; It's ramping up to seeing their revenue double over the next 12 months. So, we're very bullish on Tesla. You're just going to have to be patient and wait for this story to play out."
Geeeeez... What a joke!!!
Yeah let retail investors wait while big investors slowly dump on them.
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Simply an update on price action one hour before close today:
I have not opened a position on this trade, I would like to buy a put, when is it too late?
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@Dashtothetop,
I simply give "opinion" regarding what I "believe" a stock or currency will or will not do and leave it up to others to decide what trade they implement based off a culmination of TA's from many members on TV on the same stock or currency.
I don't want to get in the habit of telling people what trade to make and when. I have too much going on with other things to take it that far at the moment. Maybe later on down the road. I have more important things I'm involved with at the moment. At least till the end of the year.
G13Man
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@Dashtothetop,
it is illegal to give trading advice with out the education and certifications to do so ,
the only legal thing we can legally say is what we are doing
ME
i sold all my PUTs in TSLA with that nice drop
Padlomfaan
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TIIIIIM-B-E-R!!!!!! THERE SHE GOES!!!
GLORIOUS CALL!
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@Dashtothetop,
Thanks, it was looking obvious on the indicators. When that news article from zero hedge came out, it only confirmed it's about to roll over. At least it confirmed it for me.
i can see [ & do experience myself ] why u are tired , haveing fun plotting charts and looking at fundamentals is more then a simple do it during the open hours of trading . I appreciate the work u have been posting ,
I am still studying your info on the weickof method [ spelled wrong and can not find the book mark ]
here is my simplified chart and the gaps i see filled in 2019 at latest
when u lay off employees [ while behind on shipments ] , it is a sign of lack of cash to pay em
thanks for helping me to learn something new !
G13Man
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@G13Man, TSLA was up today , tuesday , on report from Panasonic that TSLA solved model 3 production bottleneck problem
earnings 11/01/2017 after close
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@G13Man, Thanks for update. I really do. Don't take what I'm about to say personal. My response is, I'll believe it when I see it. Lets see how many cars come off the production line to meet demand. That's how I will believe it; cause I'll see it.