jangseohee

TSLA, neckline sure be tested again

NASDAQ:TSLA   TESLA INC
155 8 2
Which ever aspect of speculation i am using, one thing is for sure
That neckline will be tested again
Not a correctly drawn H&S...It has to be a top, with nothing on the left, and declining volume on the way up (probably a wave 5 top basically...and a zigzag correction that's starting)
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jangseohee IvanLabrie
thanks mate, very profound, i guess my TA skill still a quarter pail only compare to yours :-)
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IvanLabrie PRO jangseohee
Not meant as something offensive, just that I've spotted these kind of patterns before and got severely screwed up by it being a continuation pattern in an uptrend ;)
If you scroll through patterns like these in other's peoples charts you'll see.
Check this one out:
Chocolate producer

Interesting head and shoulders formation in GBPAUD

Fish and chips lose to sushi

Learned the hard way.
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jangseohee IvanLabrie
come on, i take this constructively i want to learn also.. thanks for sharing your mistakes
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like this?
DOWT, Ouch it
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IvanLabrie PRO jangseohee
Yes sir, I betcha volume was declining on each top, with divergence on oscillators...
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jangseohee IvanLabrie
still, price of TSLA break and close above neckline
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jangseohee IvanLabrie
Merry Xmas & Happy 2015 to you Ivan!
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