$Alibaba (BABA.US)$ On the weekly time frame, things are looking decent. It has tested the previous support and I would thjnk that in the next week or two, it will test 83 or 86.
4
2
$Tesla (TSLA.US)$ Now we consolidate.
1
1
$Tesla (TSLA.US)$ This looks like a bull trap. Please watch out.
1
1
$Tesla (TSLA.US)$ next stop 220
$Alibaba (BABA.US)$ Once it crosses 80 and retests 78/79, the next step is to retest 88.
4
On the weekly, $Tesla (TSLA.US)$ has formed a bearish pin bar candle. As expected, a healthy correction to at least 230-220 should happen before we shoot up.
$Wix.com (WIX.US)$ Seems like consolidation is complete. All set for another rally.
$Tesla (TSLA.US)$ On the 1 hour time frame, it is clear that the 265 is getting rejected several times. I would prefer a correction before storming back up. Else, the fall would be catastrophic.
The volumes are decreasing too.
The volumes are decreasing too.
3
$Tesla (TSLA.US)$ It is going to test the support at 250-ish. If that fails, we'll have to test our intermediate support of 220. Let's see.
3