$TSLA broke channel @ 248 and continued her run up
It came to test 258 fib level and failed right at 80 RSI ironically giving us 2 reasons to swing her short!
I think we will continue to head out of overbought range and tread lower or it could consolidate and ready for next leg up!
Updates to come:)
$AMZN rejected 843 FIB on 1/26 as it entered extremely overbought....that provided a nice short.
On 2/2 it came to retest 843 then failed on ER report dropped near 800 level and recovered slightly to end the day at 810
AMZN bulls could recover and fill the gap following ER or it could head lower toward oversold territory!
Stay tuned for future updates:)