Looking at a cup and handle break. Already at all tight high, so hard to find a target point, but if we follow fibs, I'm looking at Target 1 of $0.69 and Target 2 of $0.86. Cup and handle target ideally would be $1.035, but that's a long bet. I look to trade until Target 1 and then freehold.
DYOR and trade at own risk.
DYOR and trade at own risk.
Trade active:
Sweet as! Looks like we are on!
Trade active:
Target 1 reached.
Looking to exit once it hits the trend line. There's also a livermore cylinder pattern happening, which looks to break out. Supports the overall bullish run, but I'm seeing it hard to break that trend line so will likely accumulate there, where I will look to rebuy.
Looking to exit once it hits the trend line. There's also a livermore cylinder pattern happening, which looks to break out. Supports the overall bullish run, but I'm seeing it hard to break that trend line so will likely accumulate there, where I will look to rebuy.
Comment:
This looks like our re-test of the C&H break line. If successful, C&H target becomes firm.
Comment:
Uh oh, Tesla looks to have spoilt the party for the short term :( Insiders knew this by Tuesday, that big sell spike with a green candle was the trigger, which I saw and ignored. Wednesday was really taking profit by instos before dumping today. Will exit trade at next recovery of price.
Order cancelled