$MSFT is on fire following the same trendline pre Pandemic.
Surpassed ATH, made new support, ready to break above last years trendline!!!!!
Resistance? Check FIB levels.
Pre ER PT @ 206.00 unless a good break above trendline.
If a break above trend line that holds, pre ER PT @ 206-216
$TSLA looks to be fully recovered from pandemic.
Both trendlines start on last 5/10 EMA cross on daily.
2nd trend line is a clone of the first and set on the last 5/10 EMA cross.
FIB starts at support line and is a clone of the first.
Support now at $923.50
PT $1420 by ER if not sooner.
How far can it go?
Been holding a 13 EMA since Apr 6th.
Currently consolidating at the 61.8 fib level.
Looking to take long if breaks above this level.
PT $77.12
If break below 13 EMA looking for small reversal.
Looking to take long position if tomorrows close stays above trendline. Hopefully worst is over for airline industry. PT $32.31
Consolidated for 2 months before breaking out in positive trend. (positive sign)
$DAL already so close to support levels and ER is tomorrow BMO. Don't see positive upside. Waiting for breakout of wedge to take down into and possibly past resistance levels.
