PEP has possible outcomes 1. Remain the broader range of 157 - 180 - Good position for PCS and adding later CCS 2. Breakout upwards - likely to test next resistance 180 levels
Monthly chart shows long term bullish pattern. Cup and Handle, bullish HA
Meta weekly chart showing strength. Cup and handle formed and B/o possibilities are on the high. Next support 384.48, already testing/tested Supply zone. OI showing huge resistance at 375 (58k contracts) this week. May b/o next week. Let us wait and watch. Possible trades Possible PCS opportunity
Downward Trend is confirming. 1. HA chart continuous down trends with no wicks upwards. 2. Parallel channel forming, more precisely Down- Flat-Down channel 3. Next support level 213, if closes below 213, expect 207 stop (based on 5 days awing. 4. Supply zone - 188 Good opportunity for selling calls OTM @230? Please share your thoughts.
TSLA HA Doji formed. Wait until 2 red bars without top wick and then enter Short. But weekly HA shows still bullish. There is short term weakness