Short-term Bullish Breakout attempt

11 gen 2023

TSLA broke out of the falling channel with back test today-and could be attempting a 16% measured move up to fill the gap around $137.
*There will be resistance between 124-128.
If..IF Markets maintain bullishness we could see Tsla Move Towards $161-168 area, which coincides with: ~ Previous Support + 200WMA + 0.618 Golden Fibonacci Retracement, before moving back down to complete accumulation bottoming pattern.


Data to keep in mind:
THURSDAY: **CPI data expectations where just changed this morning - expectations of -0.1 instead of 0.0
JAN 23rd. *Earnings expectations are bearish

Protection Ideas:
if bullish pattern plays out - sell Early Feb $140 Calls to protect position

Pattern Failure: Close Below $108 (you could set a stop loss at $117 - Tsla may want to fill gap at $114 first or test 110 area

*** I do not believe the Markets are primed for THE Bull run yet (soon.. not yet) ... New Lowes are coming in Feb. Just an opinion..

Good luck & let me know what you think or if you have any good trade set-ups you want to share or discuss.

12 gen 2023

Nota

I would like to see a gap past $125 tomorrow morning which will add fuel to this this short squeeze rally - close above $128 should confirm the settlement to $140 area.

12 gen 2023

Nota

20 minutes until market close. I want to see a close above 13 ema @ $123.25 to confirm bullish control & close above 13 ema

12 gen 2023

Nota

actually close above 124 would be better, we may pull back tomorrow if there is weakness in the close.

13 gen 2023

Nota

TSLA looks ready for a gap-up and sell-off or pull back to accumulate before targeting $138-$140 zone.
-Deep Pullback may be setting up for the Inverse H&S Pattern (-8% drop to fill $113)


***Market signaling oversold conditions***
***VIX sold off by more than 10% in one session: 85% chance of Market Down-day within the next 2 trading sessions
***Negative News with Shanghai Plant

Deep Pullback may be setting up for the Inverse H&S Pattern (-8% drop to fill $113)

13 gen 2023

Nota

Diamond Consolidation Pattern Formation at the top with Quadruple Negative Divergence.
Breakout to downside can develop the inverse H&S set-up for next week.
*This is not guaranteed until follow through of the break-out.
*The more volatile the swings are lead me to believe that TSLA is still in containment and in a larger accumulation pattern:

17 gen 2023

Nota

Options are pushing TSLA to the upside. Close above 129.90 will send this up to fill gap in 138 area - watch these channels:

17 gen 2023

Nota

17 gen 2023

Nota

Bullish Day, Markets are exhausted with selling pressure - This looks like a great accumulation zone to burn as many options as possible for the week. Either break up to 137-140 quickly with rejection or accumulation .. followed by puump & dump ***keep an eye on max-pain with options - currently at $133 - could change after today. Good Luck

18 gen 2023

Nota

Looks like tsla is going to fill gap at $137 today, ppi info could provide further catalyst to break above $140 towards next target of $160 zone. I do not expect that move this week, but reachable next week if we hold above $138. We should see turbulence into the back half of this week

18 gen 2023

Nota

DO NOT FOMO into this rally! Target 1 reached - Options Spread shows large influx of Calls, Max-Pain for Markets to make most money from retail is to have TSLA close below $135 this week. *just my opinion

18 gen 2023

Nota

19 gen 2023

Nota

Hopefully you caught morning post before open-Pullback was further than expected- watch for close below$125 or gap below - this will push to test $115 zone (weekly selling containment)

26 gen 2023

Trade chiuso: obiettivo raggiunto

We have hit our long-term targets perfectly - Great job to all!

**I do not see TSLA advancing much further in the short-term - possibly $165-$169 high ... to burn out options.... I would take profits and/or protect position here - sell 160 calls with Feb 23 exp - TSLA to drop soon - along with MARKET - just my opinion