Tesla is having bad news after bad news. Cant seem to catch a break lately.
Looks like the "rubber band" is stretched too much too fast. A retest of the trendline at ~200 is possible as a short term play
NIO is forming a diamond bottom on the daily chart. Any bullish new will trigger this and next week deliveries will give it the perfect excuse to do so.
First target is 14.70 gap fill
Snap had an ugly distribution pattern and an Island Top at the 70-80 price few weeks back and its been selling ever since, with last 3 weeks the selling had accelerated in momentum reaching the importing level of 28-30, closing a long due gap.
That level should provide enough support for a bounce back at 40 level, towards the 50 Daily EMA. I believe SNAP price is...
