jackohgorman

jackohgorman Updated  Jul 20, 2023

TSLA has returned well over 100% since it 'bottomed' this year, however I don't think this is the real bottom. Having the cheek to say it here but we will most likely dump when we reach resistance @gap fill $260. Mixed with macro and slowing economic growth I can't see it reaching $300 this year unfortunately, $280 maximum IMO. I have taken a small short...

jackohgorman Mar 2, 2023

Leaving this here... Simple set-up. Everytime RSI reaches this low there is a bounce opportunity to be played... Sell when it's at the top, and rinse/repeat. Max it can reach is $15 before another leg down to consolidate... (Not financial advise)

jackohgorman Feb 8, 2023

On the 4HR and 1D it seems like we can bounce back to mean price from around $10. Stance is neutral, will take profit at $15, be cautious of downside but I think we may gap up first, then towards $20 if this rally lasts into early Q2. $7 would be the floor if price rejects. Stay safe.

jackohgorman Dec 28, 2022

Chart clearly shows, Tesla seems to have found a short-term bottom at $110. (i) RSI is very very oversold (ii) Price may drop but shorts would be risky considering you'd have to cover fast. What is the point? (iii) Price will regress to mean before resuming downtrend (iv) Crossed the 200 EMA so price may reject at $160-70 but I believe we will see a push...

jackohgorman Dec 20, 2022

I think we can see some mean regression in the next week. If NIO can break the resistance band at $15 we will see a rally to $20 as per deutsche banks predictions. If not we can expect the downtrend to continue to $9. If it reaches as low as $5-7 I will be scooping up a lot. Good luck. (Disclaimer : Not financial advice)

jackohgorman Updated  Dec 5, 2022

As per chart, I think NIO will be a good short-term buying opportunity. NYSE:NIO A retracement towards the mean/middle KC is probable in which it is also good time to consider entering a short position then. I would not short now since we are pretty much at single digits. NIO is not NKLA... Look to enter anything above 15$/Sub 20$. EV stocks have taken a...

jackohgorman Nov 15, 2022

As Per, CPI and PPI reports are causing a bear rally. NASDAQ:TSLA Due to high Beta and Paired with TSLA now touching the lower channels of the trend, I believe we will see some short-term bullish action till new year. If price action breaks $200 I believe we may see a rally towards $260-270. Long term Bearish of course, like our last short any entry price...

jackohgorman Aug 1, 2022

TSLA has managed to really hold it's ground since it bottomed near 6hundi but this crazy mood swing stock will drop again. Summer rally should be ending soon. Desired entry would be $950-1000 or anywhere near the top of the channel. I called it once, I'll call it again, but this time with PUTTY PUTTY. (Not financial advice)

jackohgorman Apr 1, 2022

The chart speaks for itself. Tesla is a great company, to the moon or whatever, but realistically economic growth is going to slow over the next year and into early 2023. The whole market runs in cycles, we cannot expect TSLA to climb in a straight line forever. It had a good run over the past month (AND 2 YEARS) but now it's time to regress. Selling now and...

jackohgorman Mar 9, 2022

It's clear Tesla is in a downtrend. The question is does the war and looming IR create a perfect storm? Even Musk said the outlook is grim this year for global economies. Rising costs will still continue, affecting Tesla and many others. It's hard to be inflation proof. I think Tesla is still severely overvalued and needs to regress at least sub $650-700...

jackohgorman Feb 8, 2022

As per crypto, Volatility has been quite interesting to watch. We're headed for hyperinflation due to sh*tty fiscal policy by most governments, I think crypto assets will always have a place. Floating above the 200EMA, bounced off the trendline nicely and still on course. I honestly think 1T is a good floor price, so much growth for protocols and digital...

jackohgorman Updated  Feb 1, 2022

The trend is your friend. Tesla looks like it's continuing the downtrend, As much as I admire Musk and his vision, stock price is severely overvalued and needs to regress to mean. Every bounce towards the upper trendline is an opportunity, my ideal entry is around $935-950. TP sub $700 then set trailing SL, RSI downtrend too,. (Not financial advice, just...

jackohgorman Dec 6, 2021

"The chart speaketh for itselfth" ~ Sir Michaele Tython the great derithative thrader You can see we touched trendline, presuming a nice bounce, Alibaba is a behemoth in China, CCP won't let it fail, Fundamentally sound and strong. Watched a Video on VIES structure featuring Chamath, it's pretty funny and good but this would also be a good swing trade play. Of...

jackohgorman Dec 5, 2021

Anthony scaramucci ~ "The Future is bright. The more you learn about ⁦ @Algorand the more you will realize how big a part of the future it be. Carbon Negative Crypto. " For some reason this crypto resonates as a whole with me. Fundamentally and technically, from a logical viewpoint. While Mr BTC or ALTS may actually be entering a bear period for a while, this...

jackohgorman Nov 26, 2021

ALT season looks stronger than ever, Personally I think 1T$ is the floor. The likes of CRO , SOL, AVAX, soaring to ATH's means faith is being instilled in these amazing projects. Well CRO just have really good marketing.... Anyways this drop is a Bad case of the "Bit bugs" as I say, with Options expiring , and the fact this new "variant" is spooking the...

jackohgorman Oct 11, 2021

For all you stakers out there, Rib Eye or Sirloin? Option A or B? - algorand.foundation Leading up to the voting period for Governance, we could see a breakout from the 200 EMA. The trendline is strong and everytime it retests we see a bounce upwards, paired with the fact we are consolidating. Many buy the dip opportunities or to DCA at $1.50-$1.7 Also looks...

jackohgorman Oct 4, 2021

Entered outside the mean, and 200 EMA. Now it is retesting it thanks to high beta and volatility with the nasdaq correcting. Still Bullish as we are above it and dancing around 200EMA in an upward trend and channel, can we hit 60$ and get a 169% return? Target is November earnings, you saw how beating estimates sent it soaring. My outlook is interest rates...

jackohgorman Aug 19, 2021

The trend is your friend. On a Macroish timeframe we have turned into a bullish reversal. EXPI's business model, pulling in 1B in revenue that's all you need to know. The market is there and the growth is occurring. They just need to continue executing and expanding overseas. Now would be a good time to add or open a position since Analyst Forecast is $100+ for...