 Hey, what's up you two, I'm Zeke and welcome to the Dream Green show. I'm going to bring you a quick little market analysis on Tesla hours before battery day so I can show you guys predictions of the price point on what could happen after battery day live streams. Don't forget to sign up for Webull using the link down in the description, deposit $100 and receive one free share valued up to $1,600. That could be your free share of Tesla just by clicking the link down in the description. So let's go ahead and dive into this video right quick, it's going to be a quick one. So we're over on Thinkorswim, this is the 4 hour 180 day chart, I mean every bar on here represents 4 hours of the trading day over the last 180 days. If you guys are subscribed to my channel, you will know that I drew out these lines a week ago and so far they're holding true to the resistance lines and the support line. And I drew out these right here and it's holding true so far if we zoom in. So this is, I'm going to give a quick price prediction, Tesla is trending down at the moment all the way back down to one of the support lines I drew out over a week ago. So it could use the 180 day simple moving average as the support line or it could use this line that I drew out where it touches multiple points on this uptrend. Let me zoom out so I can show you guys where it touches multiple points on this uptrend. It could use that one as the support line. So it's kind of touching right there right here, right here and then it could pull back to right here as the support line or it could also use the sideways horizontal support line where it did have a bounce off of $330 as the support line. Now if great news come out, I believe that Tesla would make a double top. A double top is two heels so that's the top of one heel, it comes down and then it comes back up to test the $538 line again. That is a double top, but that's only if amazing news come out. But what Elon Musk tweeted the other day was that major production of what he's going to announce today won't really begin to pick up into 2022, which to me a long term investor is not bad. Okay, 2022 is only two years away, but a lot of people are trying to make money on Tesla. They didn't like that tweet to see that, hey, this won't go into production to 2022. So a lot of short term investors did not like that tweet. Just why it's trending down right now. So if amazing news does not come out, Tesla could come down from the $422 price point all the way to $368, which would be a negative 13% or if really bad news come out, I believe that would play somewhere around in support line of $326, $325 right around in this area right here. If it does come down to $325, I'm probably going to pick up another share of Tesla because I think that's a decent price to get Tesla in at $325. Now if you watched my last video, you know the words that you need to look out for is 400 watt hours per kilogram. If he says those, that means he's got a plan in place to make an electric vehicle aircraft. So a compelling aircraft, you only really need about 400 watt hours per kilogram. Provided your the percentage of cell on the aircraft is high. It doesn't need to be anywhere near as high as it is on a rocket. But if it's sort of at the 70% level at 400 watt hours per kilogram, you can do very decent range. If he does say that and he does announce the million mile battery and some other news that we don't even know about, Tesla could shoot from the $420 price point all the way up to the double top with a gain of 28%. That could happen over the next couple of days, that could happen right after he announces everything he needs to announce on battery day. So that is our price prediction anywhere that is going to be a double top at around $538 for again the 28% in the next couple of days. Or he does announce nothing really spectacular and it drops 24% all the way down to $324. See Tesla is very volatile, it can either swing up really high or swing down really low because right now the RSI is right in between in the middle at the 50. So it's not overbought, it's not oversold, the MACD is right there in the middle. Everything is really depending on the news of Tesla of what Elon Musk has to say on Tesla battery day because the price is not overbought or oversold. When I say overbought, that means it's overvalued right here on the RSI, that means usually when it's overvalued people start to sell off and usually when it's oversold people start to buy back in because it's undervalued. As you can see it correlates with the chart, the RSI indicator. So right now it's in the middle, the MACD is in the middle and we're just waiting on some news catalysts to move the price point of Tesla. Now let's go ahead and zoom in on another time frame. This is the one hour 20 day chart and right now if you use the SMA, the Simple Moving Average as the support is still trending down at the moment. But right now it is still above the Simple Moving Average which is a good trend to show that if he has good news that the price will go up and once again it's not really oversold only one hour chart. But let's zoom in on the day. On the day just because of his tweet, Tesla has been trending down from yesterday, yesterday it closed at $455 and today it is at $422 and that's a loss of 6% over the course of a day just because of what he tweeted about Tesla not really picking up the production of what he's going to announce today. That production is not going to really pick up until 2022 and on the day it is trading below the Simple Moving Average line. So that's something to consider right there. Everything is kind of pretty much going to go sideways from here. It's pretty much going to trade sideways from here until he announces what he has to announce on battery day. So from here on until around $330, my time $430, everybody else's time, Tesla's going to stay in the $420, $440 price range. It's not really going to change much and we're just waiting on the news. So yeah guys, that's pretty much it up. Elon Musk has gone to announce something big on Tesla battery day to drive the price all the way back up to his all time high or he's not going to be so spectacular and the price could fall down up to 25% over the course of the next couple of days. Either way is good for me. If it falls now 25%, I'm going to pick up more shares. If it skyrockets to the top, I'll make more money that way by a long time investor. Elon Musk started production in 2022, really does not scare me. Let me know what you guys think down in the comment section on your price predictions on what you think Tesla is going to do. What could he possibly announce to drive the price above the old all time high? What could he not announce to drive the price all the way down below $325? But other than that, make sure that you click the link down in the description, sign up for Webull, deposit $100 and you could receive a free share of Tesla to get you started on your Tesla journey today. But other than that, I'm Zeke, I'm out, peace.