grahammk

grahammk

There's quite alot going on here in this Chart. Bullish signals are all over the place with Posititive Divergence on the RSI as well as the MFI, Three White Soldiers, Gap down needing to be filled, Today's candle closing above the 7 day EMA, also closed above strong resistance, current resistance at $6.91 with low resistance next at $7.11, MacdLE +2, PPO had been...

grahammk Updated 

On this 5 Month Daily Chart of Incyte you can clearly see the Bearish Trend that included the last 6 weeks of each daily candle trending below the 7 Day EMA until just the last 2 trading days where the bottom was made and INCY finally broke above the 7 day EMA on very good strenth with much higher volume than anthing seen during this downtrend. The RSI for the...

grahammk

In this 4 Chart Split Layout of Tesla you can see the 2 hour, 4 hour, 1 day and 1 week Charts. They all have the same indicators to keep it simple using a MA CROSS, a Macd Strategy, as well as a 7 day EMA as a Trendline. I could extend the 7 day EMA to a 9 day as well but it wouldn't really affect the charts much except to move the trend line a bit further away...

grahammk

Todays 2 hour candles attempted a Break above the 7 day EMA that I'm using as my Trendline and I Indicated that it would need to stay at $258.00 or higher to maintain the Bullish Trend. Tesla however continued to breakdown with the last candle below the trendline forming yet a negative divergence between the highs of yesterday and today. Support targets are...

grahammk Updated 

One of the first things you learn with trading stocks is "The Trend Is Your Friend". This was the case with NVDA as it is now with Tesla. In this 2 hour chart you can clearly see that the last Bullish Moving Average Cross was Signalled on May 25th. There have been several Macd + and - signals along the way that you can see however I always like to see thge MA...

grahammk Updated 

This is only a 30 Minute Chart analysis and shows the primary price action as Tesla topped out on Friday and pulled back. The consolidation Price Point at approx. $244.00 in the latter part of the day was on considerably lower volume than throughout the rest of the day where overall we saw Huge Volume at 199 million shares traded. Additional news for Tesla...

grahammk Updated 

This chart is showing the Long Term Trend of Tesla from September 2022 and that it had formed an Inverted Head and Shoulders over the course of several months with a confirmed Breakout this past Monday. With the Breakout above the Neckline, the Potential move should be $144.44 over the span of several month, possibly by year end or sooner. The value is...

grahammk

Tesla has Broken out from a Long Term Head and Shoulder's Pattern. The Potential Price Target is $328.87.

grahammk

Any Buy In Below $200 will be Very Good. The breakout may happen by the later part of June or in July leading up to the 2QF's.

grahammk

It doesn't get more simple than looking at this Monthly Chart going back over a decade. You can clearly see the incredible uptrend and the True Strength Index, although having shown a bearish divergence since Jan.2022, the TSI has barely broken the Centre line and is now about to turn back above. This New Bull Market should last through to the end of 2014. Just...

grahammk Updated 

The last 2 weeks we saw the price trending neutral within a mini desending wedge while a Strong Bullish Divergence had formed on the Stochastic RSI. This basically foretold that a breakout was imminent however the strength of the breakout was and still remains uncertain especially since it was on relatively low volume at 107 million shares. The Market sentiment...

grahammk

This is the final push for the top before I suspect a strong pullback. Originally I was expecting $265.00 and that was exceeded. Be Ready to take your Profits as I fear the Honeymoon may soon be over for a while and you 'll be Smiling all the way to the Bank. Look for and sell at the first sign of weakness as the price nears the top line of resistance at $305.00

grahammk

I do not own a position in FSLY. This is the first time I've looked at it and I know nothing about the company. I'm just treading the chart FWIW. If I were LONG I would definitely be Selling and protecting my Capital while looking for a new re-entry Price Point lower down possibly at the 50% retracement Level. If I were Shorting, now would be a good time.

grahammk Updated 

OK Traders. Look at the Timed Cycles on the top of my chart and the trading pattern that AI has undergone since early February. I for one am not going to let this pass me by again. Likely by Wednesday I will take a large Position as the potential for a 30% gain within 11 days is very real. I firmly believe it's worth the risk for less than 2 weeks time. The...

grahammk Updated 

I've seen it happen several times now where Tesla Scrathes and Claws it's way up for a few dollars over the span of a week or 2 and then in Minutes it drops like a stone. The power of those Shorting it is truelly remarkable but once you understand the concept that they can flood the market at a moments notice with millions of shares there's not much to hold it...

grahammk Updated 

Over the next 2-3 days I expect it to be both a Feast and Famine depending on your trading Strategy and watching the markets being not afraid to hit the sell trigger when opportunity presents itself for you to take profits off the table. Remember you want to trade the trends to put money in the bank and not just ride this stock up and down like a Yo-Yo. So over...

grahammk Updated 

Well I called it just about perfectly this time with my previous Chart "Drop and Rally" indicating for a bottom today of $177.00 followed by a subsequent Rally. Today's candle formed a bottom reversal and now I believe we'll see at least 2-3 more days of Rally moving towards the Q1F's before the Bears try to take it over and Short Sell once again. The next level's...

grahammk Updated 

There's no doubt that Tesla is the most widely talked about, speculative and volatile stock in the Markets. Although we did see some strength last Thursday I was expecting a dip to HKEX:177 and I am actually still expecting that to happen. The trendline that I flagged had been touched six times for support and resistance in the recent past and I believe that it...