Previous post:
Observation:
- Met expectation of 1:1 downtrend of line C
- Still moving below both MA200 & Ichimoku Cloud: Downtrend intact
- Magnitude of Line D is slightly stronger than of Line C, while the gradient of line D is less steep(time taken for line D to meet expectation 1:1 is longer) : losing downtrend momentum
Expectation:
-Retracement in progress: More than average volume, more buyers than sellers trading within the last 3 days(circled
-"trying to give market confidence/ supporting the prices" https://www.investopedia.com/musk-halt-selling-2022-7069052#:~:text=Elon%20Musk%20said%20this%20week,least%2018%20to%2024%20months.&text=The%20billionaire%20CEO%20has%20disposed,purchase%20of%20Twitter%20in%20October.
-Retracement 4 (R4) will have difficulties to pass $220(Boxed), where Lower High 4(LH4) will be expected to be formed.
-But, first the reversal have to move pass 140X(boxed) where high volume of tesla is being traded for the pass 600 days (early holders in Jul-Dec 2021 might want to cash out)
Observation:
- Met expectation of 1:1 downtrend of line C
- Still moving below both MA200 & Ichimoku Cloud: Downtrend intact
- Magnitude of Line D is slightly stronger than of Line C, while the gradient of line D is less steep(time taken for line D to meet expectation 1:1 is longer) : losing downtrend momentum
Expectation:
-Retracement in progress: More than average volume, more buyers than sellers trading within the last 3 days(circled
-"trying to give market confidence/ supporting the prices" https://www.investopedia.com/musk-halt-selling-2022-7069052#:~:text=Elon%20Musk%20said%20this%20week,least%2018%20to%2024%20months.&text=The%20billionaire%20CEO%20has%20disposed,purchase%20of%20Twitter%20in%20October.
-Retracement 4 (R4) will have difficulties to pass $220(Boxed), where Lower High 4(LH4) will be expected to be formed.
-But, first the reversal have to move pass 140X(boxed) where high volume of tesla is being traded for the pass 600 days (early holders in Jul-Dec 2021 might want to cash out)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.