By: Jeff Cooper
Hit and Run Morning Stock Report: January 19th, 2023
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TSLA’s Time/Price Square-Out
In early January 2023 Hit and Run indicated a possible low in TSLA near 102.
This is because 101.80 is 180 degrees straight across and opposite November 4th.
TSLA struck an all-time high on November 4th, 2021.
TSLA struck a low of 101.80 on January 6th, 2023, and reversed leaving a Gilligan buy signal.
This is a gap down to a new 60-day low with a close at/near session highs.
Wednesday before the open on the Hit and Run Private Twitter Feed I flagged that January 18th is opposite 136 for a possible Time/Price square-out.
We followed up by tweeting that 90 degrees down in price is 125 which should be seen in the coming hours.
In other words, time balanced out with price at 136 on January 18.
TSLA opened at 136.55 the high of the day.
We followed up by tweeting that 90 degrees down in price from 136 is 125 which should be seen in the coming hours.
Thursday morning pre-market TSLA hit 125.
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