TSLA may bounce off the given buy zone.. and then get right into the next buy zone in the 400's Watch for a move above that 727 level. 820 can come if it breaks above there. Continued selling of course can follow still in the days to come as we've seen the last few weeks, although I can not ignore my support levels that I mapped out weeks ago prior to these...
Seems likely for NOW to fall to this weekly volume shelf at support before getting any meaningful bounce. Stocks continue to slide. 280-300 support is likely where it falls to
Kohls has ER tmrw in pre market .. picked up puts confident it can drop some more. There is a gap to be filled near 33$ -- in all honesty I think this could be worth $20 a share but who knows.
As stated in my previous TSLA post if we close below 696 on any given week we're going to be going lower on it and the inverse h&s play is likely invalid. 696 is a very important level and if it gets sliced it's going to : 680 650 support lvls below Really need a bounce at 696 or 680 to keep a range in tact otherwise there's more sell to come on it!...
Entered short again today in the German equity ETF $19 is possible to find as support. Was a gift to buy above $26
If there was a market cycle photo next to this one we'd be nearing the 'fear' part of this cycle here.. 350 long term for SPY seems like a great place to begin loading up for long term portfolio
Apple been short for a while now when it made 3T headlines It's now trading in the high 140's and may continue to drop all the way towards the low 100's soon -- idk when but the chart shows that it's very likely and would reach a thick amount of bids maybe around the 125 area.
Double top currently formed, holding onto support. Would love to see a bounce on Costco. Long term portfolio would love to see this break lower.
Gonna post this one once again right here.. inverse H/S setting up .. gonna create lots of TSLA fanboys to come out of no where lol and hope for 1200 test. Close under 696 on the week and this may not play out.
TSLA is at bounce zone right now off of the trendline. Regardless underneath 800 is a buy and I think we see this have a nice sized bounce in the coming days or next week. 1000 test isn't out of the woods.
After ER I expect a move to the downside pretty agressive towards previous lows at 120's-130's. I'll buy in long term portfolio gladly at these levels.
Have a feeling we got our last taste of the 1000's for a few weeks .. maybe months even. Don't want to bring too many predictions to the table, although this has a bearish look and I have plenty of bearish targets on TSLA, that I WILL be buying at each support lvl. TSLA stock is dominate and will continue to dominate in the long term. ------------------- Below...
Possibly seeing a fake breakdown? I entered long today and am interested in the volatility that gas/oil names have. Only in commons. Expect 13-14$
Disney looks to be sliding towards that 110 price lvl and maybe lower. Ugly action with any correlation to streaming in the market this week. Regardless of streaming prices are outrageous for Disney and likely more poor result on the way.
Roku maybe after ER will finally go down towards that 70 target?? I'd be interested in playing the puts to the downside on this name after what I saw happen to NFLX. Weekly looks like it wants continued downside.
I'd still remain short on German Equity Right now currently testing support of trendline after gap up, last time this happened we saw the failed gap up turn into more downside. Holding dated puts on this name already for the past couple weeks.
This chart is quite meaningless to say the least.. all I'm here to post is that I believe Uber sub 35 is a buy at all levels ! To the long side.
SPX looks to making its way towards 4400. Failed to break above 4594 and that is not something that I liked. We are now flipping bearish if we break 4500's.