Big bullish divergence in RSI
Big Bullish Divergence in MACD
If there is a time to put in a higher low, its now. Not much room to go down without breaking down.
Sentiment is awful, newsfeed is terrorizing, Contrarians take note.
The 3 underperformers could send indexes higher while other stocks cool off.
TSLA/AAPL/GOOG
I think it is time, maybe one more dip lower but I do not expect the prior low to be taken out from Jan 2023.
Also - Tesla/Nasdaq making a double bottom with bullish divergences as well.

Big Bullish Divergence in MACD
If there is a time to put in a higher low, its now. Not much room to go down without breaking down.
Sentiment is awful, newsfeed is terrorizing, Contrarians take note.
The 3 underperformers could send indexes higher while other stocks cool off.
TSLA/AAPL/GOOG
I think it is time, maybe one more dip lower but I do not expect the prior low to be taken out from Jan 2023.
Also - Tesla/Nasdaq making a double bottom with bullish divergences as well.
Nota
Additionally, with the Billions spent on AI chips/research, its time for AI to start giving back to us in the form of productivity boost.If the past year of AI hype is to be credited, rather than a plain old bubble, then TESLA arguably has some great use cases for AI that could change the world.
The picks and shovels have been sold - NVIDIA
the use cases should emerge next? - TSLA
Nota
If were going lower first, these are 2 levels which I am watching to add to the long position.Currently have 50% of the tesla shares I would like to have, and will buy more on each of these yellow lines.
If I can Dollar Cost Average an entry down at these levels before the next bull run, then I dont think I will be regretting it.
Nota
That's a nice move today. Bottom may very well be in.Tesla along with AAPL and GOOG probably join the rally now, or at least help hold the indexes up as everything else goes down / sideways.
Nota
Okay so clearly i should have waited to fill the rest of my shares!anyway. We knew the price could revisit the levels ive marked, as i posted above.
I circled in yellow the swing high and low that I am using to determine these levels.
This trade is still active and only invalidated when below $152.
The risk reward for this trade as shown is 17.5 to 1.
in other words, risk losing 14% to make 243%.
Nota
Daily RSI MACD and WILLIAMS%R are swinging up.This would be the early signal of larger timeframes also swinging up.
206 is the next "resistance" but shouldn't cause too much trouble if you zoom out and see that were swinging up from the largest timeframes.
Small to medium pullbacks will usher in a wave of " told you this is just another failed rally" when there could be nothing further from the truth.
the truth is that the bull market has likely begun back when tesla hit 100 per share.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.