Do you want to know how a triple top looks like? Well, look at Netflix. Looks primed for a selloff after a small bounce!
The indicators are relatively bullish on the 5h timefreme, but the chart pattern is overall bearishon a longer period of time.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the...
Pupm&Dump trading strategy idea.
$MGEN is rising without clear preconditions today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $1,22;
stop-loss — $1,44 .
take-profit — $1,00.
Do not view this idea as a recommendation for trading or...
After PINS and SNAP have blow past estimates it is
maybe worth the risk taking FB into earnings despite
the hate campaign .
Wednesday the stock closed below the 50MA but caught a bid
on the strength of PINS.
Potential targets $282- $291 - $297
$TSLA is in a moment of truth here. #TSLA formed a bullish pennant after hitting all time highs. Pennants are considered continuation patterns (in this case a continuation of the violent uptrend). The volume is also declining in typical fashion during these types of continuation patterns. The Stoch RSI is oversold which TSLA responds well to on the 1D chart.