Im Fantastic Mr Stocks. Not investment advice, not investment advisor. I like sharing graphs thats all. I love movies ALOT & thanks to trading Im acquiring @A24
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OG Anunoby now has the 2nd greatest Defensive stop in NBA history
Then following up that Defensive stop with the most important bucket scored by any Knick player in History
My outlook still hasn’t changed on $SPY since my post from May
740.20 continues to be the MOST IMPORTANT level to watch & Bears last week managed to get the Weekly close below it — Now they will attempt to get back to back closes below which means we could be seeing 724.03 & potentially 714.02 sooner rather than later
If Bulls manages to reclaim 740.20 then continue to disregard my downside target & we can expect Bulls to target the resistance trend again towards 752.82 - 756.90 - 759.43 & potentially 763.51 (a new ATH)
Also we do continue to reject the Resistance Trend from this long term Rising Wedge which has been marking the local top since July 8th 2024 & if Bulls continue to reject this trend we could see another 8 to 9% correction before this year ends
$TSLA
Bears successfully hit my downside targets from last week’s post (398.96 & 395.32) and got the weekly close below
This could signal that the 453.40 high marked a short-term top with another correction potentially underway towards 381.61/375.37 (1st two downside targets)
Now in order for Bulls to invalidate what I said above we need to see a Monthly close above 437.10 but since we have to wait 3 weeks to get that close, a weekly close above 418.03 will be enough in the short term
405.13 & 409.03 are the 2 most IMPORTANT levels to watch RIGHT NOW — Defending these levels = 418.03 will act as a magnet (which is the level that unlocks the door towards 437.10) & more importantly will keep us from going back down towards 398.98 & 395.32
If we can’t get a Weekly close above 418.03 then at the very least we want to see TSLA close above 409.03 or 405.03 — If Bulls fail at defending these levels through out the week or get the weekly close below we will continue to test & range between 398.98 & 395.32
Now the most Bearish scenario for Bulls would be TSLA getting back to back weekly closes below 398.98 or god-forbid 395.32 — If this occurs Bears main target will be 375.37 & we most likely see 381.61 as soon as next week (we could also see 381.61 this week if Bulls fail at defending 395.32 at any point)
Also as a teaser in the long term Failing to support & or rejecting 405.13 = 347.17
@Awwww_IDRGAF@finalboss0071 I made this post not to long ago & it matches up with the logic you have
Obviously nothing is impossible especially if we do reclaim that 418 level but in terms of seeing 440+ we need to see Bulls get a couple closes above 437
$TSLA
Bears successfully hit my downside targets from last week’s post (398.96 & 395.32) and got the weekly close below
This could signal that the 453.40 high marked a short-term top with another correction potentially underway towards 381.61/375.37 (1st two downside targets)
Now in order for Bulls to invalidate what I said above we need to see a Monthly close above 437.10 but since we have to wait 3 weeks to get that close, a weekly close above 418.03 will be enough in the short term
405.13 & 409.03 are the 2 most IMPORTANT levels to watch RIGHT NOW — Defending these levels = 418.03 will act as a magnet (which is the level that unlocks the door towards 437.10) & more importantly will keep us from going back down towards 398.98 & 395.32
If we can’t get a Weekly close above 418.03 then at the very least we want to see TSLA close above 409.03 or 405.03 — If Bulls fail at defending these levels through out the week or get the weekly close below we will continue to test & range between 398.98 & 395.32
Now the most Bearish scenario for Bulls would be TSLA getting back to back weekly closes below 398.98 or god-forbid 395.32 — If this occurs Bears main target will be 375.37 & we most likely see 381.61 as soon as next week (we could also see 381.61 this week if Bulls fail at defending 395.32 at any point)
Also as a teaser in the long term Failing to support & or rejecting 405.13 = 347.17
My outlook still hasn’t changed on $SPY since my post from May
740.20 continues to be the MOST IMPORTANT level to watch & Bears last week managed to get the Weekly close below it — Now they will attempt to get back to back closes below which means we could be seeing 724.03 & potentially 714.02 sooner rather than later
If Bulls manages to reclaim 740.20 then continue to disregard my downside target & we can expect Bulls to target the resistance trend again towards 752.82 - 756.90 - 759.43 & potentially 763.51 (a new ATH)
Also we do continue to reject the Resistance Trend from this long term Rising Wedge which has been marking the local top since July 8th 2024 & if Bulls continue to reject this trend we could see another 8 to 9% correction before this year ends
$SPY — In the long term 740.20 is the most IMPORTANT level to watch
Breaking above & holding = 782.57 being the main target for Bulls
But before testing this level we can expect
1st 🎯 744.12
2nd 🎯 763.73
Rejecting 740.20 = 724.03 & potentially 714.02 being the main target for Bears
$TSLA
Bears successfully hit my downside targets from last week’s post (398.96 & 395.32) and got the weekly close below
This could signal that the 453.40 high marked a short-term top with another correction potentially underway towards 381.61/375.37 (1st two downside targets)
Now in order for Bulls to invalidate what I said above we need to see a Monthly close above 437.10 but since we have to wait 3 weeks to get that close, a weekly close above 418.03 will be enough in the short term
405.13 & 409.03 are the 2 most IMPORTANT levels to watch RIGHT NOW — Defending these levels = 418.03 will act as a magnet (which is the level that unlocks the door towards 437.10) & more importantly will keep us from going back down towards 398.98 & 395.32
If we can’t get a Weekly close above 418.03 then at the very least we want to see TSLA close above 409.03 or 405.03 — If Bulls fail at defending these levels through out the week or get the weekly close below we will continue to test & range between 398.98 & 395.32
Now the most Bearish scenario for Bulls would be TSLA getting back to back weekly closes below 398.98 or god-forbid 395.32 — If this occurs Bears main target will be 375.37 & we most likely see 381.61 as soon as next week (we could also see 381.61 this week if Bulls fail at defending 395.32 at any point)
Also as a teaser in the long term Failing to support & or rejecting 405.13 = 347.17
$TSLA
In the long term reclaiming if Bulls end up defending 418.04 & reclaiming 437.10 we can expect 453.40 & 464.24
If Bears end up rejecting 418.04 & breaking below 398.96 we can expect 395.32 & potentially 381.61
Waiting for the market to close today so I can finalize the game plan for $TSLA and $SPY for the week.
You can expect the full breakdown tomorrow morning.
In the meantime, the plan I posted last week remains valid and continues to play out exactly as expected.
$TSLA
In the long term reclaiming if Bulls end up defending 418.04 & reclaiming 437.10 we can expect 453.40 & 464.24
If Bears end up rejecting 418.04 & breaking below 398.96 we can expect 395.32 & potentially 381.61
$TSLA This game plan is still valid today
So far Bulls retested & supported 418.03 & 419.03 so as long as these levels continue to be held 437 will be the Main Target but 1st we need to see my upside levels in the post below
Remember if at any moment we break below 413 you need to turn bearish & expect my downside levels on the post below
$TSLA Bulls bounced at the perfect spot yesterday — We defended the Rising Wedge support trend which is good news in the short term & we reclaimed/supported my main level (418.03) also this uptrend was formed when we bottomed in April & each time we defended it we saw higher highs
Now today we want to see Bulls retest & support any of these levels in order to confirm yesterday’s bounce
🥇 419.62
🥈 418.03 (Most important level right now)
🥉 413.48 (this would be a double bottom + we would be re supporting the uptrend)
Now if we continue to support any of these levels today plus get the close above 418.03 we can expect more Bullish momentum towards 437.10 later this week but first we can expect these levels
1st 🎯 425.75/425.99
2nd 🎯428.80
3rd 🎯432.38
4th 🎯433.34
The Bearish Scenario:
If we see Bears fail to defend & reject & close below 418.03 today this could be an indication that yesterday’s bounce was fake — The most Bearish scenario would be breaking below & rejecting 413.48
If we see this happen we would breaking below the Rising Wedge support trend which is very bearish & this uptrend has been held since we bottomed in April — we can expect my downside targets 409.03 & 405.13 be tested quickly
@YTLzzz Yeah the story was really dry to say the least
I didn’t watch any of the YouTube videos so I went in completely blind I didn’t love the movie due to the story tbh
@Rwk_88 Long term view I don’t think your positioned that badly but considering that you could have bought for cheaper just a couple of days later does suck lol
You’ll be ok doe just make sure to buy more if we break below 60 between that 58/48 range if that even occurs
The Macro view for bitcoin:native
70,906 is the level to watch — As long as we continue to trade below/reject 70k we can expect 57,827 & 54,619 to be the MAIN TARGET
Reclaiming/Supporting 70,906 = Bulls MAIN TARGET is 83,985 & 85,336
The Confirmation we need to see before hitting my targets:
Only expect my downside levels (57k & 54k ) if we see Bears break below & reject 64,897 & 60,000 (this years low) — Now for my upside levels (83k & 85k) we need to see Bulls reclaim & support 75,653
The Macro view for bitcoin:native
70,906 is the level to watch — As long as we continue to trade below/reject 70k we can expect 57,827 & 54,619 to be the MAIN TARGET
Reclaiming/Supporting 70,906 = Bulls MAIN TARGET is 83,985 & 85,336
The Confirmation we need to see before hitting my targets:
Only expect my downside levels (57k & 54k ) if we see Bears break below & reject 64,897 & 60,000 (this years low) — Now for my upside levels (83k & 85k) we need to see Bulls reclaim & support 75,653