That is a ton of put buying going on with $TSLA today. Still not a reason for me to play earnings though. Rising trend-line on $TSLA beginning to break down ahead of the its earnings report. $CBRL 25 year support level holding up so far and allowing for a bounce to materialize. Key moment for
Double top confirmation with the recall news on $RTX. Possible support at $75. $TSLA broke out of the triangle pattern with a massive gap higher, but be mindful of the heavy resistance lurking overhead, that doesn't make this trade an ideal reward/risk following the massive run higher today. Long-term resistance getting tested on $FNGR following
Watch this consolidation in $TSLA just below the 50-day moving average. A break above the triangle and moving average could jump start the next move higher. T2108 Update Break this key support level and $GME starts to look more like the next $AMC $GPOR with a developing bull flag pattern, but yet to breakout. A
Major support breaking today on Tesla (TSLA). Now the next level of support comes in at the rising trend-line around 207-210 area. SPDR Gold Trust (GLD) inverse cup and handle pattern nearing confirmation. CBOE 10-year Treasury Yield Index (TNX) October highs on tap. Rates continue to rise significantly. Lululemon Athletica (LULU) price action still struggling
Nice bounce off of 3 nearby support levels so far for $NIO, but be mindful of $TSLA earnings today that could have a significant impact on the stock (for better or worse). $SPOT ascending triangle breakout level. Watch the 5-day moving average as type of trailing stop-loss. A close below would be reason for me
$BTC.X remains in the early stages of its breakout. Really nice base breakout that goes back over a year. $XLV (healthcare) struggling to hold Friday's breakout above the declining trend-line. Watch for a break above $133.04 to resume the uptrend. $NIO inverse head and shoulders pattern, with multiple layers of resistance overhead that needs to
$ESMT break of declining resistance today, and push above the 200-day moving average. Keep an eye on major resistance above going back to December '21 $AAL breaking out long-term resistance today, with strong sector/industry leadership. Bull flag watch for $TSLA. A little steeper than I'd prefer, but may work with the 20-day MA holding as
Tesla (TSLA) up 12 straight days and 17 of the last 19 days. During that time it is up 52% One of the most bizarre moves to see for a company of this size. Cigna (CI) double bottom nearing a breakout level, but may need to consolidate some in the short-term before putting together an
$SHOP with a notable bearish engulfing candle pattern following Monday & Tuesday's breakout of the bull flag - could be a signal this trade is reversing hard here. $MVIS - doesn't get much more parabolic than this. A few questions to ask about this stock: 1) How many times in the past 10 years, or