Friday, July 19, 2019

#Tesla Review $TSLA

Tesla Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Telsa's trend, revealed by trends of price, leverage, and time, are defined and discussed in the The Matrix for subscribers.



Subscriber Comments:

Telsa's primary trend has been in downside alignment since 3/1/2019.  It's produced a maximum return of 1084%. 1084% return generated BrS = 3.9 and 3.7 in April and May, so traders would have likely took profits by May. While the bulls are claiming victory after the bottom, they're still not using discipline when buying TSLA. Bearish alignment still exists. BrT = 5 (downside alignment is 5 months old) and BrST = 0.4. In other words, the downside alignment, while past it's cyclical mean, is not extended. It's generally wise never to buy against downside alignment of the primary trend. Smart money has take their profits, but won't cover their entire short until bearish alignment disappears.

Word of caution, those that believe they can achieve above average returns by trading against the primary trend are usually severely punished.

Matrix


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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.