Short for the continuation of the pattern.
Long after that (going for another pattern)
Note that TSLA is a high flying expensive stock and follows the markets sentiment. But is traded by many who follow the trend and is more subjective to patterns.
Seems that facebook may be edging lower on several reasons
1) Geo-political - overpriced stocks get pummeled on concerns
2) This lead to break the pattern of new highs
3) A second shoulder has been broken and room opened for the bears
Reached the support level (previous resistance), and next support levels are close. Edging back up today with the markets means...
Note, that i was long but currently am neutral/short on IBB. Some signals for this
1) The two last days form a really long candlestick that has not been seen a long time for the IBB, that worries
2) The bullish flag was broken downwards today, what may indicate further selling (red arrow)
3) Some good sign is that IBB retaliates a bit during Monday (green...
MU Daily chart has been following a pattern recently, and it seems to be on the buying opportunity now-soon. Watch for the upcoming ER as the results may lead it higher. The stock should be at the buying opportunity closer to the ER if within the green are