TrailingVega

TrailingVega

Levels you should look out for.

TrailingVega

38.2% fib ($507.33) has put a cap on China Mobile rumor rally.

TrailingVega

Now that the markets are back to near levels before Syria scare, movement has stalled. Weakness today and current after hours trading is indicating pullback.

TrailingVega

Tesla is putting in a descending triangle on the three minute chart. Break below $168.50 is imminent.

TrailingVega

We should sell back down to the $945-$950 level from here.

TrailingVega

Levels to look out for tomorrow. If we go down, watch $498.09 closely, followed by $496.24.

TrailingVega

Entry points on 5 minute chart.

TrailingVega

www.WinningPortfolio.com

TrailingVega

On August 27, quite clear that major volume support at $500, and then little buying volume support until $488. Quite clear that $488 will remain a significant support level until we see shifts in higher volume on either lower levels or higher levels. Once $498 was broken, selling volume was coming in 2x higher than buying volume. Temporary support was at...

TrailingVega

Weak volume moved Apple down from its opening price down to $488 where it was held by significant volume.

TrailingVega

Engulfing pattern has been very reliable since April. Additional downside expected from here.

TrailingVega

Crucial support is breaking through. Movement down to 200 DMA should be a measured move.

TrailingVega

Breakout either to the upside or downside incoming.

TrailingVega

We closed under the 8 day moving average today. The last two times Apple closed under the 8 DMA ever since the $388.87 bounce, we saw an immediate bounce the very next day. There is also a trendline as support that we held today.

TrailingVega

Stay tuned for a big move on Facebook within the next 15 minutes!

TrailingVega

We have spent the last two days trading in a range that fills the gap from Monday's overnight move. Support levels continue to be respected by Apple, and a clear print of $500 has yet to be tested this week intraday. There was a small test today in the pre-market with a $499.99 print, but that did not last long.

TrailingVega

$148 target.

TrailingVega

Either Google places a double bottom on the daily, or we see a break down under $850. The negative divergence on RSI is not helping. Remember...stock price will tend to follow the indicator and right now things are leaning towards the downside.