Experiment with different pitchfork points Education

Tesla, Inc.NASDAQ

Description

⋅ Jul 6, 2017 9:48 PM

Here's a pitchfork on TSLA that has a different point 1 but the same point 2 & 3. Both seem to have resistance and support effect on price action.

Pitchforks

Comments

mazdaki

⋅ Jul 7, 2017 12:34 AM

This will go right-through the blue pitch fork. the hope for longs is if it stops at support which is 290. I think this will retrace back to 240 (at a minimum). that is when I plan to close my short position.