TSLA - Demark 13 has

    Posted by DigiNomad on 17th of Jan 2024 at 04:21 pm

    TSLA - Demark 13 has been a great signal the last 2 times.  RSI below 10. 

    TSLA earnings next Wednesday (1-24-24)

    Posted by keyhole7 on 18th of Jan 2024 at 07:59 am

    TSLA earnings next Wednesday (1-24-24) after the close

    Great picture — is that

    Posted by Glad on 17th of Jan 2024 at 10:24 pm

    Great picture — is that from trading view ?

    interesting.  if tsla bounces here

    Posted by morton7 on 17th of Jan 2024 at 04:30 pm

    interesting.  if tsla bounces here looks like it would be a break in symmetry somebody check me on this not an expert.

    Break on which time-frame?  Symmetry

    Posted by DigiNomad on 17th of Jan 2024 at 04:53 pm

    Break on which time-frame?  Symmetry breaks to me are just another way of defining a channel...but obviously you would see different channels depending on the TF.   Just a trade for me. It's also sitting just below a major trendline break so maybe it bounces to touch the break, fills the gap just above and then reverses down.  PE in the 70's which is not great with a 20% growth rate, but not egregious compared to something like AAPL that trades around 30 PE with no growth in 5 quarters.  If the feces hits the fan, AAPL has a lot further to fall before it's reasonable on a fundamental basis.

    *I personally don't think feces are coming near the fan anytime soon.  Our Gov has figured out the magic to inflate assets via fiscal dominance vs monetary dominance and the arent' going to back away during an election year (the affluent public demands this type of inflation, no matter what they say). 

    daily time frame.  only looking

    Posted by morton7 on 17th of Jan 2024 at 05:22 pm

    daily time frame.  only looking as a short term trade.  after this winter storm stuff i think ev is toast unless you live in a warm climate.  also people are more aware of the costs to own an ev and now may not have that discretionary income to spend.  

    up or down for the sp500, im torn at the moment.  watching the vix for clues, a spike here and i believe a double top is in.  a drop back into the bb and well then we may have a possible buy signal.  my concern on the daily chart is the macd and now we have had two gaps below the 9 day ema but both have been bought.  looking at the volume screener there still are several on the list so that is positive.  following  volume and price is my bread and butter.  

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