Plan is to accumulate dips with risk on 18.15 for a swing. This chart is coiled up and looks like it could be a bull flag. I would take partial profits into 22 area resistance
This stock appears to be flagging around the 21-21.50 area with 22 as long term resistance. TE has not closed over 22 since the early 2000s. Look to accumulate shares on dips with the risk on 20.90 anticipating the 22 breakout. Nice tight coiling action could setup another big leg up
Tesla Motors stock looks like it could be forming a head and shoulders pattern with ~184.50 as the neckline. It also broke the uptrend line from the end of March recently and could be forming a bear flag. Historically this stock offers very good risk vs reward opportunities on the short side when this happens. The plan is to open a starter short with risk on...
Tesla Motors stock looks like it could be forming a head and shoulders pattern with ~184.50 as the neckline. It also broke the uptrend line from the end of March recently and could be forming a bear flag. Historically this stock offers very good risk vs reward opportunities on the short side when this happens. The plan is to open a starter short with risk on...
Watching to see if this stock gets follow through momentum. How much consolidation is needed before another leg up? I will be keeping an eye on the 19 level to see if the stock can hold over it then look to buy dips with the trend
