with the emergency authorization of their at home COVID test and testing a very strong support with the RSI nicely below 30, we could see a reverse to the upside on QDEL. it must hold at the current level though. keeping a close eye on this one
TSLA likes to bounce off of 50 EMA consistently. used the 50 EMA, BB, and Fib to confirm an entry for a swing to the upside. With news of the India factory and Elons appearance on the Joe Rogan experience, it seemed like a good play earlier but waited for the technicals to confirm an entry.
I love this stock for long but it needs a catalyst for it to see any real breakouts. if it can finally break resistance (bottom fib line) we could see a potential run up to 23-25 range. recommend keeping an eye on this company!
looks like TXN is following the same trend of run, dip, consolidate, and find new resistance. if this trend continues it should be due for another run to find a new resistance. with a tight stop loss, the risk to reward looks good on this one.
nice cup and handle formed. not sure if its gonna matter or not without the USPS contract but WKHS is still getting other contracts and is expected to still get the USPS contract. time will tell on this one.