20Mar FOMC to rug pull market? S&P500 breakdown leads to AAPL losing 170 support?
Price Update (17 Mar 2024)
- Think most can see a big double top forming with break of neckline going to 140 (but we are not there yet so don't assume)
- Key level is 170 and if that breaks, look for key levels below
- Fibonacci levels are 165, 155 and then 140
- Trend channels point to some good form of support at 155
- Special Note...

TSLA - Limited Bull Case; Mostly Bear Case
Price update (17 Mar 2024)
- Did not get above 209
- Bear flag played out, with extension levels coming into play
- Approaching key range 145-160 (shared in many past posts)
- Thurs/Fri hit the 160 box and bounced (will it hold?)
- Key is below 160, there is little structure to support TSLA ==> Means below 160 really depends on where the sentiments come back in
- Special Note : 20 Mar FOMC Rug Pull possibility...

Failure to break 209, and stay above 200 ==> Bearish TSLA?
Price action update (9 Mar 2024)
- Reference previous analysis, key levels noted.
- Fail to get above 209
- Fail to hold above 200
- MA5 crossed below MA20
- Lower low formed below 182
- Backtested 182 on 8 Mar failed
- Rejection below MA5 yellow
Bullish
- Need to simply get above 182 then 199 then 209
Bearish
- 175 now becomes key level
- Fail to hold, will look for basi...

VEEV - Long term looks good!
Wider View
- Post COVID run built towards a distribution range between 260 and 330
- With the rate hikes, VEEV went on a sell down but has since been on an accumulation phase from 2022 until now
- And we are now at another possible attempt to break out the accumulation range
- Upside could be movement up to previous range again or up to 290 (middle of range)
Bullish View
- Price action moves in distribution and accumulation so it is eno...

Strong response off 180 from AAPL as expected (Fib 61.8)
Price action (4 Feb 2024)
- Fib 61.8 pullback 180 was a strong bounce
- Could it be a big dead cat bounce to form the right shoulder for Head and Shoulder and then break down below 180 to 165 (range play)
- As they say, it is only a confirmed pattern until the neckline break, so for now, the recovery seems on. Got to see how AAPL moves next week.
- A 180 hold and breakout is still q...

TSLA - Clear as Mud in what it needs to do! Great for Swing traders!
Price action (4 Feb 2024)
- Bad reaction from earnings has led to an island formation (at 181 to 194)
- Islands if reversed will mean many bears are stuck / caught out of position and if some push upwards will lead to some upwards bias ==> thereby called Island Reversal
- Gap has been created with mid gap fill at 200 (previously key level)
- 209 remains a key ...

UNH recovering well from bad reaction to earnings guidance! But is the worse over?
Price action so far (28 Jan 2024)
- UNH recent gap down pushed the formation of an inverse Cup (bearish?)
- Price moves had bounced off 479/480 (key cup level) and come up to fill 50% of the gap! ==> Dead cat bounce target achieved!
- KEY LEVEL 503! - 50% gap fill, and also MA50 on weekly chart!
Bullish
- Can it go up to full gap f...