$TSLA showing huge movements lately. The last published chart was stopped out (so was teh trade) but a re-entry at the same set-up proved to be profitable enough to cover losses and then some.
Tesla is now showing a decent swing trade set-up after a 45% rise. Time to short the exuberance.
Conservative target of 195
Suppression at 200 & 365 EMA
Two great-setups for the dead cat bounce and for longer term (Maybe 3 year contracts?)
Fundamentally I am looking for some anti-fraking news to be coming out within the year, thus reducing supply.
Recovering from 5' Wolfe Wave Technical
Correct Position Size is crucial for large % swings.
Tesla is looklng deeply oversold and the earning report may be brutal. Or it might just be a set-up I am willing to take.
1D RSI oversold deeply.
Entire market ready to bounce.
Squeeze looks imminent.
My stop is soft through 145-150.
Correct position sizing for these high % swings is crucial.
Show me how much Buffet takes care of his stocks.
Hoping to pick some up on a pullback.
Broke through dynamic Resistance
Broke 100ma and 200ma
Buyers entering market, lot of bounce potential
Yo fuck target. heh
Short time-frame preference here for shorts. Shown set-up is for the early birds. Fairly neutral longer term.
Watch the BBands, Volume and MA's for the breakout. Will update with an Entry if volume picks up.
Trade is not active at the moment.
Been watching pair closely as a Canadian. Been holding some USDollars since '13. Exchanged at bank @ 1.07
10 Year Historical Resistance Incoming
Wolfe Wave Completion
Impulses in Elliot look healthy
I prefer a long bias and would consider holding any strong volume breakout.
Will be ready to LONG or SHORT for a short-term trade. For now this is just a trend/channel trade.
Could be a failed rally on larger time-frames.
Always use correct position sizing. Good Luck.
Yes Yes I know, Star Wars, but that's next quarter. Trade activated as indicated.
1D Overbought and Turning over
Dynamic support Testing
FOMC might scare the market.
Earnings upcoming could add extra banga.
Good Luck and Keep it Tight
Well I switched tracks completely last night after coming across some interesting news.Good thing too; as the last chart was almost stopped out today. I haven't traded news in while but lets see who this plays out.
USMC Bitcoin Auction - First Blue Bar
Trade entered near $265. Position size = half due to uncertainty.
Short term SHORT
Long term NUETRAL
Stuffed by 365 MA
RSI + Fisher turning over.
Looking for some moderate pullback short-term
Longer term candles are looking more bullish + auction could lead to another run-up as indicated.
Entered long today (bought sub 230). Sadly just missed (about 25 cents!) the 250 short that would've played out very well.
Bought at 224. Stop near 220 thru 216. Target 240 area.
Sitting on 4HR and 1D ma support.
Targeting both 1hr ma resistance.
Index's and Oil pushing up.
Historical support area.
Testing dynamic resistance