$Tesla Motors(TSLA)$ $Direxion Daily TSLA Bull 2X Shares(TSLL)$ πππ³ Teslaβs Record Volume, Whale Accumulation, A Technical Analysis of the Breakout Potential π³ππ
Teslaβs stock has recorded its highest weekly trading volume since February 2023, with an extraordinary 106.0 million shares exchanged! This surge in volume, coupled with multiple buy signals (B) on the weekly chart, signals that institutional βwhalesβ are aggressively accumulating shares, even as the stock experiences a temporary dip to $247.76 (β1.84%).
Positioned above the critical support level of $138.80 and with key moving averages in close proximity:
β’ VMA1: $254.01
β’ VMA4: $251.76
This accumulation phase, bolstered by a robust options volume of $26.31 billion, suggests Tesla is primed for a potential breakout.
Despite the MACD indicating bearish momentum:
β’ DIF: β12.6133
β’ DEA: β7.60
β’ MACD: β40.4289
The significant trading activity hints at a possible divergence, often a precursor to a trend reversal.
Savvy investors are strategically positioning themselves for what could be a substantial upside move in the near term.
π’ Donβt miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets ππ Iβm obsessed with hunting down the next big movers and sharing strategies that crush it. Letβs outsmart the market and stack those gains together! πππ
Trade like a boss! Happy trading ahead, Cheers, BC πππππ
@TigerStars @TigerWire @Tiger_comments @Tiger_comments @TigerPicks
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
the whale flow breakdown and that $26b options volume?
mind blown
tslaβs moves are deep sea level
and youβre out here decoding them like itβs light work
macd divergence, volume spikes, and that glass ceiling metaphor? chefβs kiss π₯π₯π₯π₯π₯π₯
I never expected to watch for whales π³ when I started trading π€ͺ
earnings are getting closer, maybe we should find Dori π... I hear that she can speak with them, she could help us to translate what the π³ are up to π€ͺ
thanks for sharing BC π
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?