AlgoTrade3107

AlgoTrade3107 Updated 

TSLA has been trading in a falling wedge since the middle of december 2018. It perfectly touched the upper and lower trendline a few times and now broke out above the upper trendline. Entry for this is anywhere around 292$-295$ Target = 372$ Stop loss = 235$ Risk/Reward ~ 1.4 - 1.5

AlgoTrade3107

We can see a sharp 15% rise in the of AMZN from the 8 to the 21 of march Then we can see a little consolidation with a support at around 1747$ AMZN today just broke the upper trendline and I am now looking to long it around 1815$ Stop Loss is just slightly below the support line of the pennant at around 1740$ Profit Take would be the height of the flag + the...

AlgoTrade3107

TMUS formed a nice double top pattern at the daily chart Enter a short around 70$ Stop loss at resistance level around 74$ Price target = Breakout point (70$) - Height of the pattern (Resistance - Breakout ~ 4$) = ~ 66$