Tag: TSLA

Backdrop Market was slightly positive. Bad inflation reading sent stocks down early. Bitcoin ETFs are born. Daily Chart Red candle breaking prior lows, touching lower range of prices from October. Now below the 200 SMA. Day range was modest at 73% ATR. Notable drop in ATR from the 10’s for many months to now below…

Backdrop Market was slightly positive. Daily Chart Red candle at the bottom of the range from November. Just above the 200 SMA. Day range was tight at just above 50% ATR. 3-Minute Chart Price ranged all day between the previous day low and previous day close. Initial move was down, albeit chopily. Bounced all the…

Backdrop Market starts down and runs up to break even. Lower volume. Daily Chart Red candle that rejected the prior green candle. Day range was average. 3-Minute Chart Night range low was 50% level of prior day. Early break below night range. Early downward direction with 3 pushes. Downward ended at a bounce at the…

Backdrop Up day for the market. Lower volume. Articles trying to paint Elon as a drug addict. Daily Chart Even though range was below ATR, it was a definite green candle on the daily. 3-Minute Chart Early ranging, but price only broke upward, and never went below night range. Big green candle in the first…

Backdrop Surprisingly strong employment numbers. EV tax credits future skepticism. Car margins shrinking. Market down days might need a break. Daily Chart Flat day with slight upward bias after 5 prior downward days. 3-Minute Chart 4 good swings followed by flat close. Consolidating price stayed within the night range, with low daily range at 63%…