Diamond
TSLA - Hourly 200 EMA SupportHourly SMA right below - big spot in this chart - looking for a pattern to play for a run-up into earnings on Monday and Tuesday
TSLA .382 line in the sandthe .5 above then the GP at 461 would be bull targets, a loss of the .35 and back test would make me look lower, leaning bull. The broader market and the put/call ratio needs to be factored into sizing.
JKS - HH and working on the HLwith broader market consolidation, JKS is reacting the Diamond performance levels and provides reasonable options spreads.
TSLA - 3X volume needed for Bull MoveThe sell algo has paused allowing for a low volume driven increase in price.
AAPL Channel Resistance - .35 SupportSetting up a HL at the .35 Support level would be advantageous for a run into earnings.
PTON - GP SupportBlue Channel Resistance - Scouting for the consolidation - may take a couple more days. Put spreads are manageable. Long term, if the market keeps melting up my bet is so will the stay-at home plays. This could be a chance to win bear and then flip to bull.
The Stock Market in 3D - Roku at GP SupportROKU, PTON are prime give back candidates for a short term play. Longer term, stay at home plays to the bulls have correlated with a rise in covid cases.
TSLA - Rejected the Channel GP.5 Channel Support - bull volume was correlated with NAS melt-up and late afternoon consolidation. This was not the TSLA bull some of us are looking for. Need a catalyst and volume.
AAPL .786 Resistance The 8:00 am volatility candle pennywicked yesterdays defined backtest zone. Price went through the 122 to 123 and backtested if ofor the afternoon run. Now we watch the market bulls for continued support and profit taking at some point soon. Sell the news is in play., until the trend changes (stimulus news) I am looking for bull continuation in the AM.
JKS - Tariff News and the chart held upprovided a challenging Puts play with a 30 minute pennywick hammer as a fake-out. Chart provided a perfect backtest and go before giving back the gains and returning the mid-channel.
SPX500 - Predictive Repeating Slopes to Define RiskThe Diamond Performance Channel assists traders by identifying repeating slopes with precision, increasing trend identification and improving risk/reward on entries.
TSLA - Diamond Performance Channel - tightening rangeThe first upside target would be the .5 of this larger diamond on a bull break with volume
