About meMedieval Philosophy • Financial Markets • Technical Analysis.
Incorporating Fundamental and Technical analysis into trading.
A Swing Trader.
Thanks to the dips today, we have the handle being formed. Super bullish on the stock.
Dropped $150 in a single day, and closed the day in green.
The RSI and MACD had a nice reset.
TESLA on the weekly chart! One big concern I have in this chart is that it looks like TESLA is forming a head and shoulder, and that would be very bad for the price action. If my thesis is correct, we could see TSLA retests the key support at 580 (this week) before the next bull run. There will be nothing strange if TSLA consolidates for a while at this price...