$Tesla (TSLA.US)$ Hi, we had miss the 2nd option yet again b...
Hi, we had miss the 2nd option yet again by $3+.
Will we miss by $3+ for the third time in a roll?![]()
Things to note-
Asia Economy is picking up, China industrials is picking up while properties is going for a soft landing ( long term, at least 5 years ), going into a more “ slow and steady growth pace while adjusting internal policies, laws, education etc
Interest rate is expected to be reduce thrice on 2024 depending further on Monthly data ( do take note and release 1 - 2 day in advance.
Holiday week is near.
Currently, Tesla had break through the day graph bear pattern while trying to break pass weekly graph bear pattern, I expect it to complete the weekly graph and end around 260-268 this week and then prepare for a correction on hiliday week ( so anywhere above 242-245 after christmas will makes the graph extreme bull )
Weekly 5 MA had cross the 8, 13 and 100 MA while 13 MA too crosses the 100MA ( A very good sign for extreme bull )
Currently we have goes into a new area with limited graph patterns for guide, normally at such time, that 3 scenarios I had mention before can happen, we may need 1-2 days for the graph to form a pattern then we will know which path it will follows.
What we have now is only a lightning bolt pattern on the hour and 4 hour graoh making it a strong bull short term but not lasting as lots of PUTS and SHORT still have high hope.
Cautions - Do take note that within this week, it can correct down to 242-245 range anytime sitting near the top of triangle but do not worry, this is a good news for all as the first batch of PUTS and SHORT will start to run while those who miss out will be trying to get in the bullet train.
Good luck all
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Make you own decision and do vote as sentiments are really an important clue for all.
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Green Bean Sprouting : I really want to see how a country with a population of 1.4 billion but nearly 5 billion homes can achieve real estate landing, based on the current birth rate and aging, after five years, most of China's third- and fourth-tier cities will become ghost towns
philzeroOP Green Bean Sprouting: Go there and see, currently housing price drop most in china are mostly the 1st and 2nd tier cities while 3-4 tier are still stable
Green Bean Sprouting philzeroOP: Where can I watch it? Do you think I'm from a Tier 1 or 2 city? My family is from real estate, and the current situation is very clear
Green Bean Sprouting philzeroOP: You can only pray that their copying of the Singaporean public housing model this time will be successful
philzeroOP Green Bean Sprouting: Shenzhen had been doing singapore style for more then 20 years and now the whole country had start to copy it. Singapore had warn them during 2012-2015 but they tells us not to tell them what to do.
Anyway it is a good progress while this soft landing will teach their citizens a lesson for trying to kill their own population by trying to hike up prices for their own benefit. Also , China government have to takes some blame for rising the land price and not controlling it.