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TSLA Predictions for December 2023 (Early Access Public)

Updated: Apr 17



  • Month’s Theme: A notable reversal to the downside that stands out on a one-year scale and an important peak or crest.


  • Behavior Around the High: A lot of price change around the high.


  • Behavior Around the Low: An important technical price level highlighted around the low. Volume and volatility will flatten out.


  • Exclusive Trade Opportunities for Subscribers:

    • An opportunity to open a long position in the midst of a decline on the 1st. You could close that at a peak on the 5th.

    • A brief peak on the 1st offers an opportunity to open a short position. You could close that on the 6th.

    • An opportunity to open a long position in a trough on the 8th.

    • A high midday on the 8th offers an opportunity to open a partial short position. If we open at a high on the 11th, you could add to that position and close on the 12th, and if we open at a low you could close it.



Overview


On the 1st, there’s a decline followed by a prominent move higher through key resistance on a multi-day scale. That move higher offers an opportunity to open a short position. We’ll stay above it briefly and then break back down through the same price level shortly thereafter. I would open a long position in the midst of that decline. There’s a gap up over the weekend into the 4th.


There’s a peak early on the 4th that we’ll have a significant decline standing out on at least a one-day chart. On the 5th, we’ll likely have a peak that offers an opportunity to close the long position. We’ll decline off of that peak into a low on the 6th. There’s likely a lowest low on the 6th that offers an opportunity to close the short position from the 1st. From there, we’ll have a significant move higher. On the 7th, we’ll have bullish price swings. On the 8th, there’s a trough in the morning that offers an opportunity to open a long position. We’ll have an important technical price level acting as resistance midday. That high offers an opportunity to open a partial short position. We’ll poke through that price level temporarily and then decline pretty notably into the end of the day.


If we open higher on the 11th, you could add to the previous short position, and if we open lower you could close it. If you added, you could close it on the 12th. On the 12th, there’s a move higher that will stand out on a multi-day scale and then we’ll rotate sideways successfully turning resistance into support. On the 13th, we’ll have a breakout in a period of volatility taking us to the previous highest high...



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