TESLA Analysis - Continuous, Just as the Markets !

Jan 16

This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.

* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand

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1-16-2024
RED TrapZone with RED UMVD. Price sliding as US MSI also points to weakening in the market. Hold On to You Hats I Say :)

Jan 16

Note

1 second Renko setting

Jan 16

Note

Hourly is all RED
TrapZOne, TrapBars, UMVD & US MSI !

Jan 16

Note

Daily Chart

Jan 17

Note

Jan 18

Note

Latest - Red TrapZone continues

Jan 19

Note

Latest/ RED TrapZone & RED UMVD after GReen Divergence took the prices down

Jan 24

Note

Intraday analysis, RED UMVD had the prices pulled back down under a Fresh RED TrapZone

Jan 25

Note

RED TrapZone with RED UMVD in place now

Jan 25

Note

Jan 29

Note

Hourly Check In - Prices below RED TrapZone for a while making it a strong down trend. RED UMVD pushing prices down fast in this last run. GRAY Bar forming as the end.

Jan 30

Note

Latest Intraday

Feb 1

Note

Latest Intraday

Feb 5

Note

Side by Side Analysis - Buying is stalling the price here. Keep an eye on the short term RENKO for RED TrapZOne with RED UMVD to resume a DOWN trend.

Feb 9

Note

Watch for RED UMVD on Hourly For Retry of SHORTS. Also, That will be clear on RENKO with simultaneous RED TrapZone Forming. Right now Its GREEN trapZOne signifying Retrace,

Feb 25

Note

Buyers pushed the price higher and a Class A entry detected early. TrapZone is Green so Trend is UP at the moment with GRAY Bars. Keep an eye on the Short Term Renko UMVD and TrapZOne for guidance.

Mar 6

Note

Strong Down Trend may have been established now. Buying Detected on UMVD on Short Term Renko Chart However It had no effect on the price Action.

Mar 21

Note

Hourly Technical Analysis Check In
Current Down Trend is following Angle 3 at the moment. With GREEN UMVD pushing the price up in a retrace. Believe It or not - There is a Long Term Up Trend with Angle 4 right below around 130/140 area. I think we will go there to find support.

Mar 21

Note

I know you wouldn't just believe me - :)
Here is the Daily to show the STUFF. I know I talk like thaaa....