Hello thanks for viewing , I have an idea here on TSLA 1HR timeframe. Looking forward to a possible push up in this stock and tech over the coming days and week. Best of luck to all. + 5 Bottoming tails formed on the 10 minute timeframe at major level white line price $191.00 + 2 Targets to aim for one large one small + Other stocks such as AMZN also in similar...
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This is a short setup. + Please review the past earnings announcements which have been negative surprises, less than expected + Triangle pattern, rising wedge/triangle which will serve as the power reserve for this impulsive down move + A strong downward sloping trend line, which if broken and confirmed prices above, then we have a clear decision to exit the...
This is a short set up.
This is a Long setup
The trend line is a significant piece of information. Now that it is being broken and has a few daily candles closing above it, one would expect this move to continue to higher highs.
I can see some things taking place which would indicate a sell off starting here. Please see image. Have a good day
Does a picture of impulsive movement make sense to have begin soon? I believe in most cases it is possible for a breakout below of the rising wedge pattern. From there is is an "if then" situation of what happens at all of the horizontal lines if prices continues lower . Happy 2019-2020 Trading Season: Sept 2019 - May 2020
This chart is set up to go lower, in my opinion. +READING CHARTS IS LIKE READING MUSIC +PHYSICS AND CHART READING +LEVERAGE and STRUCTURAL ENGINEERING IN PLAY
Looking at this structure.
Some perspective from an elective course on the many directions and sections on this screen
TAKE A LOOK WHAT DO YOU THINK >
Cheers to all who see the setup. Entry sells below .
This data seems to be aiming downward still becuase of the consolidaiton on this chart and other aspects. VISUAL ONLY
I think it is down, long term, becuase I see a consolidating wedge at a bearish angle and a clear chop off zone where selling can resume. As we near that level look for top pins. PC.