Looking at a cup and handle break. Already at all tight high, so hard to find a target point, but if we follow fibs, I'm looking at Target 1 of $0.69 and Target 2 of $0.86. Cup and handle target ideally would be $1.035, but that's a long bet. I look to trade until Target 1 and then freehold.
DYOR and trade at own risk.
DYOR and trade at own risk.
Trade active
Sweet as! Looks like we are on!Trade active
Target 1 reached.Looking to exit once it hits the trend line. There's also a livermore cylinder pattern happening, which looks to break out. Supports the overall bullish run, but I'm seeing it hard to break that trend line so will likely accumulate there, where I will look to rebuy.
Note
This looks like our re-test of the C&H break line. If successful, C&H target becomes firm.Note
Uh oh, Tesla looks to have spoilt the party for the short term :( Insiders knew this by Tuesday, that big sell spike with a green candle was the trigger, which I saw and ignored. Wednesday was really taking profit by instos before dumping today. Will exit trade at next recovery of price.Order cancelled
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.