Analysis on this pair done a few weeks back, can be seen on the Globopips instagram account. EUR/AUD to go lonng term short, at least the next few weeks, Target of 1.31 lines up perfectly with historical levels of support
$TSLA has a lot of resistance at the current levels. However, if Tesla can reclaim the 50 day, it is a sign of strength, and could lead it to the next high of ~$320.
A reclaim of the 50 day means: Gap is almost filled, $245 resistance broken, regression channel broken, and of course the 50 day is broken, leaving only $265 resistance, which isn't as strong.
Recent news:
* Deal with IBM
* Split 1:7
* Presentation of new iOS 8
* Acquisition of Beats for $2.6 bln + 400 millions of shares
Tendencies and perspectives:
* Smartphones with big screen threaten sales of iPad
* market share of tablets reduced according to research
* Smart home, Apple Smart-TV, Touch ID, iWatch - these are innovations that investors expect from...
This is a pennant long that came up on our scan last week when it was only a flag pole. It has been on my watch list since then and I am now fairly confident in the risk/reward to publish. I am using both an aggressive target and aggressive entry. In order to do so I have increased my risk exposure. Not for the faint of heart.
Entry: 2.98
Stop: 2.70-9.3%
Target:...
