I feel that the Dow Jones is far over extended on value. Most of the stocks are running well beyond what earnings should allow. Now we have the Corona Virus effecting the globe much more than the news will admit. If China's economy was on the tipping point of collapse as some suspect, will this be enough to push them over the edge. If China begins to collapse in...
Looks like we finally got here, the short moment we have been waiting for. Tesla have been following a very steep ascending channel and taken out several resistances levels, in the prior days it reached climax volume and climed out of the channel, looks like a blow-off to me. will be interesting to follow next week. There is still a possibility it will take a few...
If we do end up knifing through the past week or two of trading (which is more than possible) expect a test of the .236 fib around the $380 level with what i think will be major support around $360-$350.