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February 2023 Tesla (TSLA) Predictions (Public Version)

  • Month’s Theme: Sideways rotation along a key support level on the scale of at least a one-month chart. We’ll rise to meet the nearest critical resistance level and then fall back down to continue rotating sideways along that same key support level.

  • Behavior Around the High: There’s a key resistance level that we likely met recently. There will be multiple headwinds pushing us down and off of that resistance.

  • Behavior Around the Low: A notable move higher on a one-month chart and a breakout off of the lowest low.


Week One (2/1-2/3)

On February 1st, there’s a prominent move higher that stands out on a one-month chart followed by a full retracement back down. Late in the day, we’ll move down into a day’s low, and that’s followed by a gap up overnight. On the 2nd, there’s a failed attempt to break through key resistance. That’s followed by a decline through key support. There’s a gap up overnight. On the 3rd, there’s a sideways S-formation within a channel after moving up and down between resistance and support multiple times. A lot of ground is covered over the weekend.

Week Two (2/6-2/10)

We’ll open up notably higher on the 6th. We’ll bump up against resistance and then decline. I’m advised to open up some protection early in the day on the 6th before that decline into a lowest low. On the 7th, we’ll establish support and there’s a rally along a diagonal trend line where we’ll meet a resistance level on the 8th. On the 8th, we’ll decline pretty hard from that resistance level. On the 9th, we’ll fall from a resistance level down to another resistance level and then we’ll rotate along that key resistance. There’s an important trough on a one-month scale on the 9th. On the 10th, I’m advised to be cautious around a decline and a notable move higher in the early morning. There’s a prominent crest or peak on a one-month scale.

Week Three (2/13-2/17)

There’s a notable move to the downside over the weekend and a fast, sudden move higher on the 13th. That’s followed by the halting of a rally on the 14th marked by a sharp decline through key support. On the 15th, there’s a rally along a diagonal trend line where we break through horizontal resistance to meet a secondary resistance that’s a highest high and then pull back to somewhere between those two price levels. On the 16th, after we meet the highest high again, and then we’ll decline from support down to a second support level and then rotate sideways along that support. Off of the 16th and into the 17th, there’s a sharp decline off of a resistance level. On the 17th, there are sideways fluctuations with a bearish trend preceding a rally. Those sideways fluctuations continue into the day. There’s a sharp drop over the weekend.

Week Four (2/21-2/24)

On the 21st, we’ll open at a lowest low. There’s a rally toward the end of the day or a move to the upside overnight. There’s a peak or crest around near overbought territory that we have a notable selloff from on the 22nd. We’ll move into a lowest low on the 23rd. On the 24th, we’ll establish a solid foundation at a key support level. We’ll rally a bit and that rally ends with a decline off of a peak or crest that stands out.

Week Five (2/27-2/28)

Out of a decline on the 27th there’s a notable move from the bottom of a range to the top of a range on the scale of a multi-day chart. On the 28th, we’ll have a U-shaped dip that forms near the intersection of two perpendicular diagonal trend lines.

Sneak Preview

In March, there’s a prominent peak or crest and some notable bullish energies toward the end of the month.

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