Tesla has received an upgrade from MS and looking to breakout of the flag pattern.Price has been holding above the 20ema daily running up to the upgrade.I will be targeting gap close at the $290 zone eventually while $242 holds.A bullish flag is a price action pattern that indicates a continuation of an uptrend. It consists of two parts: a pole and a flag. The pole is a sharp rise in price, and the flag is a period...

On the chart, we can see that Tesla was in an uptrend on the lower timeframe, however recently the upsloping support failed and after that the price backtested this support as a resistance and got rejected.
We expect that the price will push higher and will create another lower high and from there we will see more downside.
Our target is 0,2236 fib level which would be at 233 $
If the price breaks the downsloping resistance line and create the new high, the short position...

In recent years, NVIDIA's unparalleled success in the AI chip market has been evident through record-breaking revenues and a consistent uptrend in stock prices, solidifying its position on the road to success. However, in the ever-evolving landscape of technology, competition is a constant variable, and NVIDIA's market leadership is now challenged by both its direct competitors and its own clients.
Statistics show that NVIDIA once held a mar...

Tesla Inc. (TSLA) is on a strong 1D green candle, approaching the 1D MA50 (blue trend-line0 for the first time since the August 04 break. The 1D MACD just completed a Bullish Cross yesterday indicating that the stock has confirmed the start of the new Higher High sequence towards the top of the year long Channel Up pattern.
This could be either near the 2.236 Fibonacci extension or a +80% rise (decreasing rate). Our target of $350.00 is wit...

In this analysis, we will take a look at TESLA on the weekly time frame.
Let's see what is going on here:
In June 2023 Tesla broke the downsloping resistance line and made a beautiful move towards 0,618 fib leve which was a target for bulls . RSI hit overbought level (70) and we got a pullback.
But what just happened? The price BACKTESTED previous resistance and confirmed it as a support. We got a solid bounce on the weekly timeframe and bullish engulfing candle which should imply more...

Maintaining Optimism During Challenging Times
Two key factors contribute to my positive viewpoint:
Technological Advancements
The pace of technological innovation continues to accelerate, reshaping industries and creating new avenues for growth. From artificial intelligence to renewable energy, breakthroughs drive companies forward and present compelling investmen...

NVIDIA, the star performer of the S&P 500 and Wall Street's darling stock in 2023, continues to lend robust support to global tech stocks. The company's recent release of quarterly results has cleared a towering bar and led to a surge in its stock price, propelling it to new all-time highs.
Delivering Unprecedented Results
NVIDIA, renowned for its cutting-edge chip technology, reported second-quarter results that sh...

Everyone is expecting NVDA to beat earnings expectations and most likely it will.
Once the resistance at 481 $ breaks , we expect NVDA to go much higher and reach 600 $ in the next few weeks.
RSI shows a lot of strength which supports our thesis.
You can enter long once the previous ath is taken.
Stop loss at 462 $ after entering the long.
Good luck NVDA lovers.