This puppy has been fighting its way sideways for years. Based on this chart, 50 cents might be the launching pad. However, for now - STEP 1 - break the downward channel.
Four hr. chart. Clear divergence on the rsi. A break above 20.40 and the FOMO starts. Launch will more than likely be on the 27th. The press is going to be going 'gaga" soon.
TESLA ( NASDAQ:TSLA ) – PRICE CUTS, NEW MODELS & SHRINKING MARGINS (1/8) Tesla’s Q4 2024 revenue came in at $25.17B (+1% YoY), missing estimates of $25.87B. Full-year revenue hit $97.69B, only slightly above 2023. Let’s break down the numbers! ?⚡️ (2/8) – EARNINGS SNAPSHOT • Q4 non-GAAP EPS: $0.71 (vs. $0.74 est.) • Net income slipped from $2.51B (Q1 ‘23) to $1.13B (Q1 ‘24) → margin pressures • Full-year EPS: $2.04. Investors are edgy over slowing profit growth ? (3/8) – NEW AFFORDABLE EV • Tesla plans to launch a lower-priced EV mid-2025—could spark future growth ? • However, concerns linger about declining margins due to recent price cuts & softening EV demand ? (4/8) – SECTOR SNAPSHOT • P/E trailing: 177.26, forward P/E: 124.35 → major premium vs. Toyota (~8.5) & GM (~8.7) ? • EV/EBITDA: 87.53—again, quite high • Analyst avg. PT: $307.62 vs. current ~$355 → Some see overvaluation ? (5/8) – PERFORMANCE & COMPETITION • Tesla’s revenue growth lags behind EV rivals like BYD (especially in China) ?? • High valuation is tough to justify if margins keep slipping & demand cools • Others note the potential for a “market correction” if Tesla doesn’t re-accelerate growth ? (6/8) – RISK FACTORS • EV Demand Slowdown: Price cuts & fierce competition in China • Production Delays: Cybertruck & new affordable EV might take time to ramp • Regulatory: Shifts in incentives or rules could slow sales ? • Economic Pressure: High interest rates = less consumer cash for big-ticket items • Elon Musk: Diverted focus (X, SpaceX) + polarizing behavior ? (7/8) – SWOT HIGHLIGHTS Strengths: Leading EV brand & loyal customer base ? Diversified streams (storage, solar) → less auto reliance Massive market cap at $1.16T shows confidence Weaknesses: Shrinking margins (~17.86% in 2024) Production hiccups → scaling issues Sky-high valuations vulnerable to correction Opportunities: 2025 mass-market EV could open huge demand ?? AI & autonomy (FSD, robotaxis) for new revenue Energy storage growth offsetting auto slowdowns ? Threats: Competition from BYD, GM, etc. Lawsuits & regulatory scrutiny (discrimination, product defects) Global economic uncertainty → lower vehicle sales (8/8) – With Tesla trading around $355 & a P/E near 177, is it still worth the premium? 1️⃣ Bullish—Musk’s vision & new EV model = unstoppable ? 2️⃣ Neutral—Waiting to see if margins recover ? 3️⃣ Bearish—Overvalued, competition is heating up ? Vote below! ?️?
I’ve been watching this move closely, and right now, we’re heading toward $16.49—a level that could decide the next big move. If we break through $16.98, there’s a real shot at pushing toward $18.33 and beyond, with a longer-term target of $30+. But here’s the flip side: if we reject at $16.49, we could see a pullback to $15.50, maybe even $14.50 if buyers don’t step in. That $1 range is where things could get really interesting. I know a lot of you are in SOFI or watching it closely. What’s your plan? Are you holding, adding, or waiting for a dip? Kris/ Mindbloome Exchange Trade Smarter Live Better
Given the clearance of the resistance order block, a bullish iCH, the formation of a support zone, and the preservation of the low, we can look for buy/long positions on PNUT with a setup that offers a favorable risk-to-reward ratio. The green zone marks the entry area for the position, while the targets are indicated on the chart. If the invalidation level is touched, this setup will be stopped. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Looking at the CAKE/USDT chart, the price is currently undergoing a corrective move following its significant upward surge that reached around 3.40. The orange box around the 2.20 level represents a strong support zone that could act as a base for the next leg up. This correction appears healthy and natural after such a strong rally, allowing the market to reset before potentially resuming its upward trajectory. Once this pullback completes around the support area, we might see renewed buying interest that could propel CAKE to new highs, continuing the established uptrend. The previous price action and market structure suggest this support zone could provide a solid foundation for buyers to step in.
I think coinbase has a good chance if still heading a bit lower down to 220. The move down today so far so been very swift after a breakout yesterday which is indicative of a false break. There are however mixed signals as other miners look ok. However CLSK also has this bearish look to it so I think further downside is more likely before the market continues higher.
Guys, this is my third target, don't let it go like these two, this is confirmed and hold on to it.
anticipation of elliot wave theory. if everything pans out we should see a final up thrust before major correction
The price action for the WTI Crude Oil chart shows that the higher probability move appears to be to the downside, targeting the lower orange box around the 70.00 level. The recent price structure has failed to establish any convincing bullish momentum, and after testing the upper orange box around 73.00, the price has shown weakness. Without any strong buying pressure or upside catalyst visible in the current price action, the path of least resistance suggests a continuation of the downward movement toward the lower support zone.