Buy Alert

#tesla

I’m going to begin this morning with a trade on Tesla which has recently given us a buy signal. Additionally, you can see that price is supported by two intersecting levels, that horizontal level of 217 intersecting with that diagonal ascending trendline at around the same price. I also like that there appears to be good volume in this area and just above us is that gap that price often likes to fill sooner rather than later.

Overall, Tesla appears to have good support in this area and given that my signal combo has not been wrong yet on our stock tracker, I am buying here. RRR will be 1:2 with the target being the middle of that last liquidity block ($254) or my sell signal, whichever comes first. SL will be $198, just below our 200 DMA.

TSLA

You all may have noticed that my new tracker will be catered towards stocks, particularly the magnificent 7 with an occasional meme “stonk” or other (i.e.- GME). But I am going to discontinue trading crypto on it. Stocks only here moving forward. We will have a goal here of doubling the SPY hodl’ers in terms of profit. The stock tracker is available to all of my followers through October 31.

The old trade tracker will still be tracking crypto only. However, I may reset the tracker on the 1st of November so that we have a clean data slate now that the new signal combo is in effect. I will also begin to focus more on trading mostly the larger cap cryptos, particularly the top 10. The crypto tracker will have a goal of doubling the Bitcoin Hodl’ers. With all the experience we’ve had during the last bear market and with my new signal combo in full effect, this is easily more than achievable.