Tesla is trading within a wedge since its massive run up following the news of Hertz buying 100,000 electric vehicles from them. Here is my thought process on this play. If Tesla breaks the wedge in either direction this is how I am going to play this. If it breaks the bottom, I will be looking to get into puts once it breaks $1,030.43, would probably pick the...
On the Daily, Weekly & Monthly Timeframe Micron Technology is in a falling wedge. Should expect to see a breakout within the next 2 weeks to a month. Will be entering into some call positions when I see the volume starting to increase as well as a confirmation of the breakout through the resistance of the wedge.
