ARK buying 39,691 $TSLA shares in ARKK, ARKQ and ARKX ($14m) This morning, Tesla was in - ARKK #1 position with 9.94% - ARKQ #1 with 9.58% - ARKX #17 with 2.39% (ARK Space & Defense Innovation ETF) No purchases in ARKW; #1 position with 9.17%
ARK buying 39,691 $TSLA shares in ARKK, ARKQ and ARKX ($14m) This morning, Tesla was in - ARKK #1 position with 9.94% - ARKQ #1 with 9.58% - ARKX #17 with 2.39% (ARK Space & Defense Innovation ETF) No purchases in ARKW; #1 position with 9.17%
$TSLA monthly chart has been replaying the 2013 - 2019 6 year cycle bar by bar for the last 5 years If the same pattern continues to play out for one more year to complete the cycle, expect majority of $TSLA shareholders to sell at the bottom next year Ironically that will mark the long term bottom for $TSLA to start the next 2-3 year bull cycle to $1000+
$TSLA monthly chart has been replaying the 2013 - 2019 6 year cycle bar by bar for the last 5 years If the same pattern continues to play out for one more year to complete the cycle, expect majority of $TSLA shareholders to sell at the bottom next year Ironically that will mark the long term bottom for $TSLA to start the next 2-3 year bull cycle to $1000+
I was asked what $TSLA might look like for the next four weeks. Since my ideal support of $352.96 was broken today, I have to allow for the possibility of lower to $323.51. If $TSLA price can get back over $356.56 though - we could see a climb back to test the lower part of the weekly Ichimoku Cloud at $382.12. The most optimistic test would be to $444.69 in four weeks. But that's only likely if $TSLA crosses back into the IC cloud first. The indicator at the bottom of this chart is the Stochastic Momentum Indicator. The last time TSLA had a red box below -40 was a year ago on April 7. You can see price is creeping up on -40, but it could reverse any time without crossing and forming a new red box.
I was asked what $TSLA might look like for the next four weeks. Since my ideal support of $352.96 was broken today, I have to allow for the possibility of lower to $323.51. If $TSLA price can get back over $356.56 though - we could see a climb back to test the lower part of the weekly Ichimoku Cloud at $382.12. The most optimistic test would be to $444.69 in four weeks. But that's only likely if $TSLA crosses back into the IC cloud first. The indicator at the bottom of this chart is the Stochastic Momentum Indicator. The last time TSLA had a red box below -40 was a year ago on April 7. You can see price is creeping up on -40, but it could reverse any time without crossing and forming a new red box.
$TSLA is reaching extreme levels on the weekly chart. Getting attractive to accumulate shares between now and the next few weeks. Of course there’s no guarantee for a bottom, but there is a lot of long term confluence lining up in the charts with significant Tesla related catalysts in April.
$TSLA is reaching extreme levels on the weekly chart. Getting attractive to accumulate shares between now and the next few weeks. Of course there’s no guarantee for a bottom, but there is a lot of long term confluence lining up in the charts with significant Tesla related catalysts in April.
New low of the day $TSLA $354.6 . My next buy (DCA) will be around $338.88 level possibly will happened around earning and hopefully that level will be the max pain. $SPY
New low of the day $TSLA $354.6 . My next buy (DCA) will be around $338.88 level possibly will happened around earning and hopefully that level will be the max pain. $SPY
GOOD NEWS 📰 Canaccord Genuity analyst George Gianarikas has maintained the "Buy" rating on $TSLA with a price target of $420 🔥 He believes that demand for electric vehicles is improving, driven by rising gasoline prices and the increasing value of used Tesla vehicles 🔥
GOOD NEWS 📰 Canaccord Genuity analyst George Gianarikas has maintained the "Buy" rating on $TSLA with a price target of $420 🔥 He believes that demand for electric vehicles is improving, driven by rising gasoline prices and the increasing value of used Tesla vehicles 🔥