This wedge is a little funky with a false breakout to the upside. If we break the bottom of the wedge, I'll be expecting at least an ABC Retracement.
I'm sensing a bullish falling wedge before a bounce on TSLA.
I would start taking profits here as SPY is at the 1.272 retracement level. Currently there is divergence between SPY & QQQ and market seems like it wants to take a rest.
Let's see if we get a decent retracement in the coming week or two
Potential Bull-Trap here with many thinking price action has ripped through resistance. There are some gaps below that are left unfilled. Bulls - stay cautious
We broke strong support, did a nice re-test and looking for this to continue lower. Be short.
If we break this current channel neckline, it will go lower to prior support. Else we bounce and then we sell-off. Ultimately the low is NOT in
I'm looking for further sell-off to prior support as depicted in chart.
VERY extended! If we dont pullback tomorrow, it'll be next week
Nice gap, loved the re-test to prior support with long lower wick. Target: Prior highs
Wait for this to pullback a little further - great buy opportunity (Bullish Bias into Earnings)
Very weak chart and a shitty "broker" who likes to scam its users by selling "free" trading. I'm expecting a $27-28 target range
Twice XLE gapped under 200MA and recovered. Today, smart money purchased >1M in OCT Call Options and what a strong candle on today's session. A very high likelihood we go higher from here. Get ready for the Sqqqquuueeezzeee!
If we break this pattern to the downside, it would confirm a bearish rising wedge formation and would likely travel to 50-61.8% levels. If that's the case, I'm looking to buy at a discount
If price closes under the neckline then we go lower
Not sure if it will play out like this but I see a consolidation over the next few weeks and not expecting anything spectacular