Let's put a buy limit slightly above the lasati high candle stick and SL below the lowes candle. TP about 200 pips at 1.0 fibonacci extension around 93.300. Good luck!
• TSLA stock looks impressive, as it is doing an important reaction today, trying to reject the Hanging Man candlestick pattern from Monday; • In theory a Hanging Man pattern is a famous top signal, however, evidence suggests that this pattern acts as a bullish continuation roughly 59% of the time (BULKOWSKI, Thomas. Encyclopedia of Candlestick Patterns, p....
This is a personalized analysis based on trends, strength of drives and potential moves.
• The SPX is trying to do a bullish reaction today, just above the key support level at 4,100; • This reinforces our view that 4,100 is the most important support level for the index, and only if it loses, we would see a sharper correction; • For now, the index maintains its bullish bias, and there’s no technical evidence pointing to a reversal; • In theory, it’ll...
Advance trader who can plot a similar bullish trendline and have your alert setting as once per bar close and wait for buying opportunity once the market touches it. If you face challenge doing that, keep refreshing this analysis until you can see a link under related ideas.