Tesla: Bounce Off Support Is Getting More Signifcant

2 jun 2018

Comments on the chart. Price is halfway to the top of the channel so only a reduced risk long possibly on a retracement is going to taken

4 jun 2018

Nota

Excellent move up today. However, I am not in the trade. Price gapped up on the open and I could not get in. Will not chase it though...

5 jun 2018

Nota

Reversal candle today. Hmm...

6 jun 2018

Nota

Boom! Not only did price move up today it took out the upper boundary of the channel. We have a breakout. Looking for more upside

7 jun 2018

Nota

Price moved up strongly today but lost all that upmove and then some by the end of the trading day. I am still looking upwards

11 jun 2018

Nota

Very strong move up today. This stock is screaming 'higher' to the market participants. Are all the shorts being forced to cover?

12 jun 2018

Nota

Price gapped up today after an announcement that the company was cutting 9% of its workforce. However, by the end of the day, half of the gain was lost and we were left with a doji hanging in space. This is the perfect setup for an abandoned baby reversal pattern. Just closing the gap is a $10 downmove

14 jun 2018

Nota

Just know that your account is crying if you are holding a short in Tesla

16 jun 2018

Nota

The move up in this stock has been relentless and perhaps the short sellers are now covering. Only the ones with the deepest pocks will be hanging on now. Price is ar resistance now (look left) and if this area is cleared...