altinAdam

altinAdam

Possible convergence of .786 from high to recent low, Previous resistance, and Earnings report for Q1. Couod any news be good enough to cause price to go up around then? We'll see. What about the Macro? SPX about to dump, it appears. Be careful.

altinAdam

Looks to be possibly forming a Head and Shoulders top for a retrace, perhaps back to the .5 fibbonachi level green box.

altinAdam

Tesla may drop down to retest the imaginary channel drawn here. Green box. Only 2/3 of shares are trading so demand is high. People are holding

altinAdam

I would be VERY impressed and surprised if TSLA just blew through the .5 Fibonnachi resistance on its way back up. Should at least respect the level and pull back a bit. Lower levels are shown in case the comeback stalls further. Sold a little and looking to pick more up cheaper. Please take responsibility for your own investments/trades. Not trading advice. Good...

altinAdam

This is a great industry but our producton and installation ability is on the ropes. Look for big buys in the larger green box. Pls do your own research. Not investment advice.

altinAdam

Inverted Head and Shoulders target coincides with the .618 fib and my desire to buy this asset cheap. Upward price action was recently rejected at the neck-line. Should be a great future for this DNA sequencing company. Looking for a lower low and a bullish RSI divergence.

altinAdam

Looking at fib drawn from way back low and the .786 as a possible touchpoint. Earnings should be weak for a couple of quarters. Macro enviro is bleak right now. Price faces resistance at downtrend line (shown in my previous TSLA post). Might need to be patient. Battery investor day should bring new excitement to this asset. Not sure when that is, Mid April?

altinAdam

Target for pattern is $596. My buys hit at $513 but...Price may have to go down and test the neckline at $475 area before continuing. Still has downward trendline resistance to contend with, however, which may ruin the whole setup. Best to wait until it crosses to be a buyer, if ever. Also the Macro matters, which is volatile. Chart patters in TA are most...

altinAdam

Smart money traders bought at trendline support and sold at .50 Fibonacci extension. Now we are testing horizontal resistance, possibly turning support for a run to the .618

altinAdam

Medical mask maker. Shot way up. Needs to cool off, still. Other makers are coming into play, but likely they will have strong earnings, I suppose. Personally, I myself would be a buyer on a breakout and successful retest of either trendline.

altinAdam

Alot going against it here. Head and shoulders on price and RSI action. It is at the top area of two channels shown. Needs to break the upper trend line and beyond with succesful re-test to make a believer out of me for medium-long term buy.

altinAdam

Good for a quick run up to the grey area, then out. Not financial advice.

altinAdam Updated 

Looking at ways to play the small swings and gain more shares. Figure overall market may have 1-2 more days of up, short term-wise.

altinAdam

I may buy green zones and sell at the red box. That's just me. Be good!

altinAdam

Shown on chart, QCLN could take a while to work itself out.

altinAdam

Rooting for the underdog in the EV world. If China's recovery from virus helps NIO complete this inverted Head and Shoulders reversal pattern, Targets are shown in red. Waiting to cross the downtrend line is an option, too.

altinAdam

Touched the .786 fib and making an Inverted Head and Shoulders. If it completes, targets are shown in grey. It will need good news to go up, but the president mentioning the name doesn't hurt.

altinAdam

Tagged and bounced at the .5 fib but is struggling to get back in the channel. Retesting the bottom of it. May operate within the triangle for a spell.