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FSR increasing volatility as earnings approach LONGFSR is on 15 minute chart. It has been in a down trend. However, as the earnings report due on Feburary 29th is near, trader interest has caused some buying volume spikes and upward price movement closing in a bull flag pattern after the squeeze indicator triggered several times and with the last a green histogram reflecting upward price action. The price-volume trend reversed bearish to bullish. I see this as a setup for a long trade of FSR into the earnings. In watching for an options setup I noted that the strike $0.50 same day expiration on 2/23 this past Friday went 0.03 to 0.12 nearly 375% while the same for 3/1 went 0.09 to 0.16 or about 75%. Al in all not matter shares or options, I see FSR as a set up for a long pre-earnings trade.
FLong
by AwesomeAvani
Lucid Motors Faces Turbulence as Demand SlumpsLucid Motors ( NASDAQ:LCID ), backed by Saudi Arabia's investments, finds itself grappling with challenges as it slashes prices amid a slowdown in demand. The company's recent revenue report has raised eyebrows, indicating a bumpy road ahead. Amidst the swirling currents of the electric vehicle market, Lucid Motors ( NASDAQ:LCID ) stands as a beacon of ambition and innovation. However, recent developments suggest that even the most promising ventures can face turbulent waters. The Saudi Arabia-backed company, known for its cutting-edge Air sedans, has been forced to make tough decisions as demand softens and revenue falls short of expectations. Last week, Lucid Motors ( NASDAQ:LCID ) made headlines as it announced a significant price reduction for its Air sedans. This move was a strategic response to dwindling demand in an industry experiencing a noticeable slowdown. Despite initial excitement surrounding Lucid's ( NASDAQ:LCID ) sleek and high-performance vehicles, consumers seem to be hesitating amidst concerns over cost and market saturation. The decision to slash prices underscores the delicate balance Lucid Motors ( NASDAQ:LCID ) must strike between maintaining profitability and stimulating demand. In an increasingly competitive landscape, where legacy automakers and new startups alike vie for market share, pricing strategies can make or break a company's prospects. For Lucid ( NASDAQ:LCID ), the challenge lies in navigating this terrain while staying true to its vision of delivering premium electric vehicles that redefine the driving experience. However, pricing adjustments are just one piece of the puzzle. Lucid Motors ( NASDAQ:LCID ) recently released its fourth-quarter revenue report, and the numbers paint a sobering picture. Revenue came in at $157.2 million, falling short of analysts' expectations, which averaged $179.9 million according to LSEG data. This revenue miss underscores the broader challenges facing the company as it grapples with a slowdown in deliveries and consumer reluctance to commit amidst high costs. The discrepancy between projected and actual revenue highlights the unpredictable nature of the electric vehicle market. While Lucid Motors has made significant strides in technology and design, translating these advancements into sustained profitability remains a formidable task. The company's ability to ramp up production, streamline operations, and capture market share will be crucial in determining its long-term success. Despite these challenges, there are reasons for cautious optimism. Lucid Motors ( NASDAQ:LCID ) boasts a talented team of engineers and designers, a state-of-the-art manufacturing facility, and a strong financial backing from Saudi Arabia's sovereign wealth fund. Additionally, the company's recent entry into the public markets via a SPAC merger has provided it with the necessary capital to fuel its growth ambitions. Looking ahead, Lucid Motors ( NASDAQ:LCID ) must focus on executing its strategic vision while remaining agile in response to market dynamics. This will require a delicate balance of innovation, cost management, and customer engagement. As the electric vehicle market continues to evolve, Lucid Motors ( NASDAQ:LCID ) has the potential to emerge as a leading player. However, the road ahead is fraught with challenges, and success will ultimately hinge on its ability to navigate the currents of change with skill and determination.
NASDAQ:LCID
by DEXWireNews
RIVN a short entry on the rejection by VWAP SHORTPIVN on the 15-minute chart was trading up against the dominant supertrend from last Thursday. Mid-morning price hit the resistance of the intermediate term mean anchored VWAP and reversed as suggested yesterday by the bearish divergence on the zero-lag MACD. Tomorrow is federal news which could increase general market volatility. I see a short trade targeting 15.25 in the area of the bottom of two-volume profiles anchored back 2 weeks. The stop loss is 15.9 at the highs of nearby candle wicks. Once the the move gets underway, those already in long positions may close to take profit and add into any short selling underway.
NASDAQ:RIVNShort
by AwesomeAvani
LCID SHORT on VWAP rejecting price rise.In my previous idea of January 29, I bought LCID as it broke out of a falling wedge on news from Saudi Arabia fixing supply chain and production issues for body parts. LCID ascended the following day to fall down on rejection from the mean VWAP band line anchored in mid- December. On the 4H chart, another smaller and more condensed falling wedge is found and price is moving down toward the one standard deviation line below the mean VWAP ( the jagged blue line ) which is now horizontal. The last candle is red and narrow bodied. It is near the top of the channel. Trade plan- I will short LCID here and add to the position each time price returns to the top of the channel as monitored on a lower time frame such as 15-45 minutes. I will watch for a reversal of the down-trending lines of the zero-lag MACD and a cross at the bottom. Similarly for the RSI indicator and its green fast and red slow line in the range of RSI value of 20-35. Likewise, if price rises above the channel in an early breakout, the trade is over as the downtrend is correcting again. If the price were to break resistance of the mean VWAP zone, this would represent a break of the down supertrend and could cause a bit of a short squeeze to get underway. If I see that, I will get into a long position with more position size as it could become lucrative.
NASDAQ:LCIDShort
by AwesomeAvani
Fisker $FSR : Buying zone for a speculator?Technical Analysis: Buying Zone for a Speculator! No reversal volume yet, and no previous higher levels have been regained... All my technical analysis is still telling me to wait... however, my slightly 'irrational' emotions are urging me to take a position here and now, haha. Planning to invest 30% of the desired capital in $FSR... another 40% once we enter the 0.93 zone... If the price explodes upward, at least I'll already be in position. If the price falls further, I can DCA (Dollar-Cost Average) on the initial 30% already invested here. I don't like the look of the current chart at all; however, the EV speculative bubble will return, much like the current semiconductor bubble. By 2030, most cars will be clean energy vehicles. By 2035, the first EVs using only recycled cobalt will roll out of Northvolt's factories in Sweden. In short, all of this to say, EVs are the future. Buying today in NASDAQ:TSLA NYSE:FSR NASDAQ:LCID NASDAQ:RIVN NASDAQ:PSNY is like buying NASDAQ:AAPL NASDAQ:MSFT in 1999. I'm not joking. Don't listen to the skeptics and have confidence.
FLong
by Maximus20000
2
LCID analysis ⏰ let's discuss :-: Hello 👋 it's me your RAJ 🙂 professional trader ✨ This idea 💡 is completely my own analysis to explain situation _&_ market conditions of NASDAQ:LCID How this chart valid for long term 📌 explained clearly based on technical #TA 📌 #DYOR ::-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:-:: Frankly speaking 🗣️ I am full time trader in Crypto 🔮 part time in stocks to save my money 💰 Based on my friend request , i am doing 📌 analysis ⏰ based on technical analysis #TA I don't know it's fundamental and some other things to measure this as potential or bad stock based on technical i will talk 🦜 If u have experience and good knowledge in stock market especially usstock Pls let me know about this company NASDAQ:LCID it helps me to check price in other conditions :-) let's go 👀 In my opinion || chart 📉📈 looking too bad // continues downfall Best area enter is ::👉 $2.6 - $4.1 👈 Best area to exit 🎯 :: $5.3 - $10.4 - $17 - $34 Stop 🛑 when price goes below $2.5 weekend candle close below Invalid 📌 to invest Don't use 100% liquid 💰 it's high risk , so prefer 5-10% liquid 💰 on ur portfolio Let me know points to consider on this stock , so i work and i will submit u those 👀 I always do analysis on crypto stocks _&_ large cap // rest of things i don't know much __________________________________________________________________________________________ 🪩 disclaimer : ▶️ TQ u for supporting 💚 follow idea 💡 get updates everytime ⏰ when I updated 📌 Note 👀 👉 keeping comments , reacting with emojis , pointing us is very easy to some people They think 💬 what they see 📌 that was knowledge 📌 We need to learn market in many ways and should get adopted with experience, TECHNICAL ANALYSIS won't help understanding market structure and understanding bull 🐂 and bear 🐻 is more important Economical conditions Fundamentals Technical News Sentiments Checking macro to micro having good plan and build it is very important ☺️ Some Times market easily turn suddenly bear // bull 🤣 even we need to catch 🫴 those movements is also very important ☺️ 💛 I hope i cleared my view 🙂 if any points if I miss I will add in update 📌 post Try to understand, try to learn - try to move with flexibility with market is important Have good day 😊
NASDAQ:LCIDLong
by raj5_7_5
4
NIO - Why Are You Long On Another Shanghai Disaster?So NIO makes electric cars and is a company from Mainland China, which means that by default it's a Chinese Communist Party state-run enterprise because of the realities of Chinese law and living under the CCP's jurisdiction. Earnings are tomorrow morning and IV on options are juiced to 150% at the money expiring September 1 and 75% expiring January '24. It might be pretty easy for this company to print a beat considering estimates are only $1.2~ billion compared to the $1.7, $2.5, $1.8, and $1.5 billion in the prior segments. But as we've seen with earnings on stuff like AMD AMD - Greed Doth Bad Habits Breed Target Target - Why Is Everyone Desperate To Long Disasters? Snowflake Snowflake - Is It Time To Stop Gambling On Chop? and Disney Disney - Is Your Compass Upside Down? That a short lived earnings-linked climax has been the optimal moment to enter short and ride the move towards the bottoms. The problem with companies rooted in Shanghai is that Shanghai is the toad's den, the headquarters of the faction of former Chairman Jiang Zemin, who died, and is solely responsible for the 24-year-long persecution and organ harvesting campaign against Falun Dafa's 100 million spiritual practitioners. But even if the company were rooted in Shenzhen, Beijing, or Guangzhou, the problem would be that any company that relies on Mainland Chinese demand to fuel sales, including companies as big as Apple, are in big trouble. The reason is simple. If you look at Our World In Data and examine how many people died from Coronavirus Disease 2019, the Chinese Communist Party under Xi Jinping claims that 121,563 people have died since the pandemic began. The United States with less than 1/4th the population has reported over 1.2 million deaths by comparison. And on top of that, everyone knows how the CCP covered up and lied to the world about the 2003 SARS pandemic. So let's say for a minute, considering China's population of 1.4 billion compared to America's 355 million people, and that China is the epicentre of the pandemic, that as few as 10 million people actually died. Now, consider the number of people counting as eligible buyers who have died in China is even higher than this number because of the huge amount of flooding, natural, and manmade disasters that have occurred over the same period of time. Let's be generous and say that only 15 million people have died. How does that impact the sales of companies like NIO, Tesla, Apple, and everyone else who has become reliant on the Chinese market? Perhaps it isn't enough to cause a 2008-style bubble deflation yet, but we're certainly seeing the impact on the balance sheets, aren't we? And yet people are telling you to get long on NIO. Technically speaking, the monthly bars show us that since the October dump, every candle, no matter how big the retrace has been, has simply respected the gap created by the dump. And this is significant because that dump was an astonishing 63 percent in two months. And at today's prices of $11 this company is still claimed to be worth $15 billion, even while Evergrande has become a penny stock, the Yuan is in huge trouble, and the entire Chinese economy is on the brink of collapse. Something I have enlightened to in recent times is that reversal patterns are not reversal patterns unless the market has traded to its true bottom. This was the problem everyone who was trying to long Tesla, Meta, and Amazon all the way down kept running into. If you buy too early then you have to sit there in drawdown waiting for 25% miracle candles just to break even for a single day. And so you always have to ask yourself if the market has traded to its true bottom before you decide to donate your retirement funds to the Party longing a retrace. On the weekly, the breakout to $16 would be bullish, if $7.5 were the bottom But the problem is that the most meaningful gap on weekly bars was never retraced to after it broke up and it ran away towards $60, and that gap starts at $5.59, almost 50% away from where we traded today. So is NIO a long? Social media wants you to get long because every dumpster pattern that looks like a disaster is a long, for some reason. But NIO is not likely to be a long, no matter how nice of a car and how much of a Tesla killer they may arguably make. But with a $1.2 billion earnings estimate, that's pretty beatable, and so we may see a real retrace tomorrow, however short lived, that could see smart call buyers who exit early or immediately bagging a nice profit. For everyone else, perhaps it really is worth buying puts at $14 expiring in March of 2024 and closing them off at $5.5 Because NIO is a Shanghai dumpster fire, this thing can go down and down and down and down in accordance with the Hang Seng Tech even if the Nasdaq and the SPX rallies in Q4. In the meantime, perhaps September will be a bit of an early autumn for the markets, and perhaps for the world-at-large. Be careful. Shanghai is the "Babylon" spoke of in The Book of Revelations. Babylon is a city, not a person. And everyone who put roots there is dirty, perhaps including Tesla and Elon Musk, the man who wants to turn Twitter into the CCP's social credit keystones Wechat/TikTok.
NYSE:NIOShort
by LordWrymouth
1
LCID setting up falling wedge breakout LONGFrom the 1H chart, I have drawn descending and falling trendlines with the resistance falling faster, That is to say I see a falling wedge pattern which might be typically at the bottom of a trend forecasting an upside breakout. LICD made a small move up in the past 3-4 hours of trading. Overall the indicators support the idea of a reversal especially on the dual TF RS indicator with the green lower TF rising over the higher TF black line and above the 50 level. Likewise, the ZL MACD shows a line cross under the histogram which went red to green in a bit of bullish divergence. The ADX oscillator has yet to show much of anything with the lines hovering about the 20 level. Overall, I expect a breakout however I am willing to take a trade now because price is near to the support trenline allowing for a small stop loss and a 6% move to the upper resistance trendline. From there I anticipate a break above the line and continuation. In the bigger picture, TSLA is moving up again and other EV stocks may be simply following the leader. ( SL 6 TP1 6.4 TP2 6.85 TP3 7.4 )
NASDAQ:LCIDLong
by AwesomeAvani
1
Tesla - What To Expect Until September?I heard something rather enlightening on Twitter recently, and it was someone who quoted some sort of analyst as pointing out "Tesla is its own market." I think that's really correct, and really apt, especially in light of a recent analysis of the new JPM collar that dropped on Friday, where I anticipate a very violent and very major drop in the markets until Q3. SPX/ES - An Analysis Of The 'JPM Collar' The point is that Tesla can (and has; and will) go up or go down regardless of what the indexes are doing This call is also a continuation of a very successful call I had on Tesla posted in February. Things took several months to pan out to the downside and then to the upside, but everything came to fruition: Tesla - $250 Is Coming... Don't Lose Your Legs In the Bear Trap The key thing with Tesla, especially for the long term holders who think this company has a $3 trillion valuation in it like Apple does, is the Q4 dump to almost exactly $100 was anything but bullish. But fortunately, this "bearishness" has manifested in a significant bounce, and, in my opinion, the Party hasn't yet stopped here. Speaking of "The Party," you have to be very careful with Tesla because Elon Musk decided to root a huge bulk of his company's production with a Gigafactory in Shanghai-Babylon. This leaves this company open to exceptionally enormous geopolitical and fundamental risks as President Xi Jinping faces the possibility of having to dump the Chinese Communist Party overnight, any night, because of the battle against both the remnants of the Jiang Zemin faction inside China and the "International Rules Based Order" that's rooted itself in Taiwan. To put it plainly, the IRBO wants to take over China using someone it has groomed from The Republic when the CCP falls, with the idea being to take down Xi with the Party. The "Jiang Faction" is significant because it's the architect and conductor of the 24-year-long persecution and genocide of Falun Dafa's 100 million practitioners. The sins are grave to the extreme and can (and will) be weaponized to put an end to the threats to Cathay. With Tesla, I believe it's going to dump, and with some fury. And during the process, you'll hear a lot of FUD about blah blah fundamentals this, blah blah "can you believe how this ponzi is dumping people who bought $250 will be generational bagholders" that on social media. You need to ignore all of that, because the day Tesla breaks $100 is the day Tesla is finished. Moreover, Tesla is about to give you a buying opportunity in the $180 range. Remember that whole adage about "buy the dip"? You're about to get the opportunity, again, but it won't feel very good because things will be scary and it will seem like everything is going to zero, and tomorrow. Seriously, read the JPM collar post above. Once the dust has settled, if the April lows remain intact, then the next target is the equal highs printed in July to September before the enormous sell off, amounting to nearly another two bagger. But perhaps what Tesla really is aiming for is something Musk can get high on. If by early September you see the price bouncing and try to short, it'll more or less turn out as bad as it did for NVDIA bears. No matter how you complain about P/E ratios and market cap and comparisons to Ford and Toyota, the reality is, this is what a bearish market structure actually looks like in action. The banks sell on red and buy on green. You buy on green and sell on red. It's a painful reality, isn't it?
NASDAQ:TSLAShort
by LordWrymouth
6
Lucid Motors - As For Me, I Like The StockThe first thing I want to remind you of is that you should buy stocks when they're low, down, and red. Stop buying things when they're green and up bigly because you "see confirmation." If you can't let go of this attachment to only believing in what you can see and not believing until you're shown, then the Bible story of Doubting Thomas is really something to give a read. So about Lucid Motors: As for me, I like the stock. Here's some reality: 1. Electric cars are a real thing now 2. Tesla needs competition 3. Luxury electric cars from BMW et. al. kind of suck and there's no real demand for them 4. Lucid has cars on the road and even The Wall Street Journal gave them a thinly veiled advertorial after the Saudis infused some blood Also, although Lucid will soon be expanding into the China market, as of now there is no manufacturing in Mainland China. This gives Lucid significant benefits in the not-being-subject-to geopolitical risk like Tesla with its Shanghai Gigafactory located in Babylon is. Because one day in our lifetimes, I believe Xi Jinping will throw away the Chinese Communist Party like Gorbachev did in the 90s and everything will change because the persecution against Falun Gong launched by former Chairman Jiang Zemin (it's dead now) will be totally exposed and much of the world will be implicated. This will make life very hard for everyone who's been soliciting Shanghai (Babylon). Moreover, right now, Lucid makes cars in Arizona and in Saudi Arabia. With the 2024 Presidential Election looming, a Donald Trump win would be huge for any "Made In America" company. I'm not a huge fan of Trump, personally, but I think you should throw political bias away when it comes to analyzing the markets and figuring out how to invest your money/trade. The financials for Lucid appear to indicate that spending and R&D is up. This is actually a good thing, because it's very, very hard and takes many, many years for a car manufacturer to be able to get roots down in society and become a household name. It's going to be a "spend money to make money" kind of thing for Lucid. Anyways, the raid on the all time lows after the Saudi announcement is a good thing. You need to look at things backwards. Down is good if you want to buy. Up is good if you want to sell. The last week's action is definitely bullish and you should be thinking of how to get long on a pullback. The problem is, where can Lucid go? At $7 it's already worth $14 billion mcap. And unfortunately for everyone who WaNtS tO SeE a MoASsSsSSss the reality of getting one is you had a few minutes to sell the top and now the chart is a mess. On the monthly and weekly We can see that a healthy company would return to the $30 range. But with that stupid MOASS candle blocking the way you really may not get anything better than $10. I think the bear case if this is to go to $0 like MULN or some other dumpster fire coin is $15 All and all, if you go long here, can diamond hand a bit, and sell at $10 or $15, what exactly are you sad about? Put the FUD aside and all the yammering about "the fundamentals" and ask yourself if you really want to sit on the sidelines here and watch this thing do what IONQ has done until you "see confirmation" like Doubting Thomas saw his Master's spear wound after Lord Yahweh's Resurrection. Ultimately, I think we're going to see a pullback into the opening of July, but we need to see July rip over $8.50 for this to really be a long. But if you want for it to do that you might wake up to find $11 and it's already too late for regrets. Don't leave yourself with regrets. Use faith.
NASDAQ:LCIDLong
by LordWrymouth
4
FSR setting up LONGFSR as shown on the 2H chart current has its price sitting near to the lower Bollinger Band and is supported by both the mean VWP anchored back in mid June when the price was bouncing over and under the basis band of the Bollingers. Price is also supported by confluence between that mean VWAP and the short term POC line of the volume profile showing validity and balance in recent trading above this zrea. The Chris Moody MACD indicator shows the lines crossed under the histogram which went red to a tiny green and also generated a green ball, a buy signal of sorts. FSR has been on a pullback for about ten trading days. The analysis is that it is now ready to trend back up. Overall, I see this as a long trade setup targeting first the basis band of the Bollingers at 6.50 then the upper band at 6.80 and finally as a target for any runners the second deviation line above the mean VWAP (thick red) at 7.20. Although FSR is highly volatile I assert that buying low more often than not leads to sellng higher.
FLong
by AwesomeAvani
1
PSNY Polestar EV Sector Penny Stock LONGPSNY ( www.nasdaq.com production-race) as a niche EV manufacturer has a production schedule which rivals LCID, RIVN FSR and others. On the 15 minute chart shows the trend down of price and then a reversal deep in the undervalued and oversold area of the lower VWAP bands. The MACD shows lines crossed and then ascending crossing over the zero line and positive histogram. The dual time frame has consistent information with rising RS shown in both time frames. Price has crossed over the POC line of the volume profile suggesting buyers have predominated. I will take a long trade here targeting first VWAP at 4.55 and then 4.75 the level of the double top of July 18/19 with a stop loss below the POC line at 4.32 the stop loss of a dime compares with the profit potential as analyzed.
NASDAQ:PSNYLong
by AwesomeAvani
2
LCID, PUMP-ability is high!LCID rising volume net buys this past 48 hours is quite notable depicting an oversold exhaustion based on daily data. The stock is back at 1.0 FIB LEVEL -- the most discounted price you could get. Best to seed at this range -- as shorters seems to start exiting. 6.0 range has been a solid support level which has been tested a couple of times -- and always rejected to the upside. Volume has increased 10%+ from its average numbers conveying position buys at the current pricing. Histogram higher lows has been created cementing the present range as the new base for the incoming series of ascend. Spotted at 6.5 TAYOR Safeguard capital always.
NASDAQ:LCIDLong
by JSAL
11
A breakdown in Lucid very likely after 2023 Q2 Earnings Lucid's technical analysis suggests that the stock has been trading in a rangebound fashion between $7 to $8 for a considerable period of time. It did briefly reach $8, but it has consistently returned to the $7 level, indicating a support level at $7. However, recent lower delivery production numbers have resulted in high trading volume, causing the stock to decline below $7. This points out a potential breakout from the established range, with the next significant support level expected around $6. The upcoming earnings release on August 7th may be a catalyst for the stock to reach the $6 range. If the support at $6 fails to hold, it could trigger a significant decline. The Relative Strength Index (RSI) 2 is currently in the positive territory, suggesting an overbought condition that needs to cool down. Considering all these indicators, there is a possibility that Lucid may break below the $6 level in the near future
NASDAQ:LCIDLong
by adtrade21
Battle of the New EV NASDAQ ComponentsLucid and Rivian, both new components of the NASDAQ:NDX , have been showing up on the High-Volume Institutional Activity recently. NASDAQ:LCID has the beginnings of a bottom attempt developing with a Dark Pool buy zone emerging, but it's been slow-going for this EV company. Professional short-term trading is evident in the current run up, as it is in other EV companies this week, spurred by the bankruptcy of Lordstown Motors, many would say. NASDAQ:RIVN has a clearer Dark Pool buy zone developing at this bottoming level with the same Pro Trader footprint in the current run up. This type of bottom formation provides a sturdier support level--evidence of more conviction from the institutions? Both stocks have a lot of work to do to complete their bottoms for more than short-term trading at this time. Resistance AND competition are heavy ahead, as it's still early days in the race to dominance in EV Auto Manufacturing.
NASDAQ:LCID
by MarthaStokesCMT-TechniTrader
12
TSLA tyring to get to blue skyTSLA on the daily chart descended from a triple top Summer '22 into a downturn which reversed after earnings in late January. Since then with the usual waves of up action and retracement it has risen into its current range also going through a cup and handle pattern from early April into late May. On the chart with the volume profile and anchored VWAP overlaid, price is at the confluence of the POC line and the mean anchored VWAP - over the past year the highest volume of trading was at about $185. RSLA is now above that bullish momentum. TSLA short-selling bears are getting destroyed right now. Their buying to sell is the genesis of a potential short squeeze. The latest trend started after an announcement of partnership with Ford regarding charging stations. I have drawn onto the chart what I see as horizontal resistance lines for targets in a trade. Aslo on the chart is a set of zero-lag EMAs to provide further context. I will take a trade of four additional call options with a strike of $185- I will close one for each horizontal target reached. I will run the last contract on a trailing stop loss of 20% while expecting an overall conservative realized take profit of over 300%. The stabilization of macroeconomic headwinds in both the US, Europe and China will allow significant tailwind to push TSLA higher. One of those tailwinds could be the imperative that a rising price places on short sellers including a vast array of put options.
NASDAQ:TSLALong
by AwesomeAvani
22