jsitonphoto

jsitonphoto Updated 

Looking at the hourly SPY is forming a nice Cup & Handle and might break out in the coming days. I have a couple targets set as well as a stop loss. Let’s see what happens tomorrow.

jsitonphoto

Seeing a descending wedge on TSLA forming. Here are 3 scenarios I am looking for: 1. It bounced off the 50 day moving average and has to break past the descending wedge resistance at about $815 and stay above for it to climb 2. It gets rejected at $815 and goes back down to the 100 Day Moving average, where it consolidates and makes up its mind 3. It breaks down...