vatsid

vatsid

how fundamental analysts come up with price targets. They are technicians at heart:)

vatsid

May be more downside to come?

vatsid

on good volume is a sign to watch for potential base formation. $CL_F $USO

vatsid

One area of support could be around 180, at the confluence of TL and Fib from 2009

vatsid

if nor around $120 around 23.6 FIb and TL

vatsid

getting sharper by the day. Should soon resolve with a pop higher short term

vatsid

but question the timing. Its a strange coincidence that MS is a co underwriter of the secondary offering

vatsid

but question the timing of the upgrade today. MS is the lead underwriter for secondary, careful!

vatsid

Next support in that case $332-$342, ~61.8 Fib

vatsid

Sitting at confluence of 38.2 Fib (from start of year & 100 DMA.

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and shown only 20/50 DMA cross. Looks nice so I didi some backtesting from 2010

vatsid

10/40 WMA cross down may take it to even $100.7

vatsid

Just got out of $TSLA, personally not a fan of 20/50 DMA cross down

vatsid

if $30.36 doesn't hold by end of Friday.

vatsid

Post ER @38.2 Fib. H&S measured dip possible target $218-222

vatsid

watch for follow through buying tomorrow. Volume heavy > 10 Day avg already

vatsid

next if the weekly 10/40 wMA cross is not averted

vatsid

has been followed by several months of bearishness historically. Watch at EOM again