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- Playing out as per previous day TA sharing
- 209 was hit with a small cool off profit taking as it hit structure resistance and also "controlled buy channel" resistance
- Will we achieve cup and handle breakout target of 219?
- It has to stay above 199 Friday, MA5 is also coming up to support at 199
- If 199 does not hold, then it is a island reversal with gap fill to 193 and then down to 185 and 180
- So, 199 has to hold to continue the bullish movement
...
- 209 was hit with a small cool off profit taking as it hit structure resistance and also "controlled buy channel" resistance
- Will we achieve cup and handle breakout target of 219?
- It has to stay above 199 Friday, MA5 is also coming up to support at 199
- If 199 does not hold, then it is a island reversal with gap fill to 193 and then down to 185 and 180
- So, 199 has to hold to continue the bullish movement
...
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oh my ladygaga
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$Tesla (TSLA.US)$ Yesterday’s move was nice, but you can’t assume we are in an upward trend YET.
The SPY and the ViX still have space to move in the right direction but TSLA is not strong enough on a daily basis (RSI, Stochastics, Macd, etc.) So be confident but PRUDENT on the short period.
In the long run, everything is going to be ok, but cosider the potential perils until it’s not out of the downtrend channel. Hold cash for an eventual leg down…
The SPY and the ViX still have space to move in the right direction but TSLA is not strong enough on a daily basis (RSI, Stochastics, Macd, etc.) So be confident but PRUDENT on the short period.
In the long run, everything is going to be ok, but cosider the potential perils until it’s not out of the downtrend channel. Hold cash for an eventual leg down…
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oh my ladygaga
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Translated
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oh my ladygaga
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$Tesla(TSLA.US)$ so much potential and no one is buying? that's weird.. ![]()
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oh my ladygaga
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$Tesla (TSLA.US)$ is he paying utilities bill by selling shares🧑🏿🦰
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