Incredible stats about Tesla $TSLA trading:
In the past 10 years, if you BUY Tesla when weekly chart RSI drops to 30 and SELL your entire holdings when RSI rises to 80, you would ONLY have 6 transactions - 3 buys, 3 sells. And you will miss a 16X run right in its most amazing
$HIMS The momentum leader of the market right now. Vertical angle of ascent riding the 5-DSMA higher. Could see this one pause and digest the massive move. Next level is left side peak at $72 and then blue skies above that.
I’ve been providing this Tesla $TSLA mountain formation daily chart since 3 months ago when the formation itself is not even complete yet…. and I pointed out when around 224 that the first huge bounce would take it 100 pts higher to neckline 327. Most people didn’t believe it,
Rich Ross ISI on April 10 was calling the bottom on tech.
"Semis: Buy the SMH on long term support which has marked every bottom since ’10 and the most oversold since ’08. Buy NVDA (90 stop) AVGO (146 stop) LRCX (59 stop) TSLA (220 stop)."
Riche's most recent TSLA chart.
NFA
I told my significant other this morning to get mentally prepared for $TSLA all time highs. If Tesla’s 20 Robotaxis launch smoothly in Austin, Texas which is just two weeks away, smart investors will start baking in the fact that Tesla will flip on Unsupervised FSD for its 7M car
New record weekly closing highs for $GEV $NFLX $PLTR $SPOT. All are true market leaders. $CRWD just below. (I expect the Moody’s downgrade today to have zero long term impact).
We've inherited a 6.7% deficit-to-GDP, the highest outside war or recession.
Our focus is to grow the economy faster than the debt, that’s how we will stabilize debt-to-GDP.
$UNH Bouncing from oversold to overbought.
With some more upside to 333 possible, watch for the B wave retest of the low coming soon.
Could be a good opportunity to buy the rally closer to the lows.
Price target of 385 for this rally.
$VST $CRDO $TSLA $CVNA ... There are a ton of charts that look much like these four... They raced up from lows and have formed a "ledge" not a "wedge" for the past 7-8 sessions. Like a race car in for a "pit stop" & a tire change before hitting the road again...
Dan Zanger turned $11K into $18M in under 2 years..
No hedge fund, no inside info - just chart mastery, conviction, and discipline
Spent some time this weekend diving into his story. Here’s a breakdown of what he did and how he did it: