Tag Archives for " Tesla "

Tesla Model 3

Is the Model 3 Pushing Tesla to 400 and Beyond?

Tesla (TSLA) has been acting like a rocket ship lately up about $88 a share (49%) in just the last 2 months.  It is rapidly gearing up for production of the Model 3 which will be its lowest priced model available.

In the video below I analyze the weekly and daily charts of TSLA to see where in the Elliott Wave cycle TSLA currently sits.  My assessment may or may not surprise you. Continue reading

3 Tips to Help Your Trading

3 tips to help your tradingA book in my library jumped off the shelf and into my lap. It said “remember me?” So I thought well, I haven’t looked at this in a while, let’s take a peek.

3 Tips

Inside there were some pearls of wisdom…3 tips to help you trade well. So I thought I’d share them with you.

  1. It’s not about who’s right.
  2. Forget the past.
  3. Avoid the future tense.

Continue reading

Deja Vu

deja vuThe stock market practically did a repeat of yesterday in that it only moved fractionally, with the trading range also similar to yesterday. But today all indices were down. So as Yoggi Berra said, “It’s like deja vu all over again.”

In tonight’s Weekday Market Wrap video I look at the Nasdaq Biotech ETF, (IBB) which got hit pretty good and I also look at Apple (AAPL) and Tesla (TSLA). Continue reading

Fake-Out | Stock Market Wrap-Up

The market opened down fairly strong this morning on the back of weak futures trading last Friday morning and overnight Sunday night. But it quickly showed that it was a fake-out as it turned around and closed higher on the day. The DJIA was up 117, the SPX was up 13 and the Nasdaq was up 30 points.

In tonight’s video I look at today’s action and then review Facebook (FB), Apple (AAPL), Tesla (TSLA) and Rite Aid (RAD). There are new trade ideas posted on FB and AAPL.

If you haven’t checked the training video on stops, check it out on the Training Web Page!

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One Final Launch?

one final launchThe DJIA was up 659 points this week. As I show in the video, it was what I call an outside-up engulfing candle on the chart. Last week’s range on the DJIA actually encompassed the entire trading of the last 4 weeks and closed Friday at the highest weekly close of the last 5 weeks.  Did we just have a launch of the last leg up in this bull market? Continue reading

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