$SOFI has a decently sized upside gap to fill and is nearing a zone of strong structure/support. After waiting for a bounce confirmation I could see this rallying to descending resistance line sometime before next earnings call.
MacD and RSI on CLF calling for a selloff, I think we'll see it follow this ABC type correction pattern instead of a complete dump. If it tests white support line at point (C) I will be adding heavily to September calls. Currently in a short position. MacD is almost identical to every single prior selloff. Ultimately I am long this stock but the short term swing...
Nasdaq top 100 looks setup for a downside move within the month. Targeting an approximate 50% retracement seems reasonable. Significant bearish RSI divergence on 1d candles supports this move. Notice divergence and subsequent downside moves marked 2 previous times.
Tesla has been riding along this pink dashed support line since early 2020. Every time it makes a significant move down and towards the trendline, the subsequent bounce leads to massive 90%+ rallies. Since Jan 2021 we have been experiencing massive consolidation toward the trendline, and within the last few days (late July) we have bounced off of it again. I don't...
I don't normally like to trade on such narrow timeframes, but I happened to notice this beautiful Elliott triangle wave forming on $TSLA's 15 minute chart. I have previously posted my macro long thesis with a target around 1200 EOY and this recent breakout, plus the bull flag on the week lends me to believe that we are about to receive the leg up $TSLA's been...