My entry and stop on the chart. Im not a financial advisor, please do your own dd
The major pattern above is an ascending broadening wedge just like the pattern in Tesla shown below. Notice Tesla broke out of a major multi year (5 year) consolidation and developed a minor pattern above the breakout. After the minor pattern, Tesla shot to 2k + before announcing their split. Here's the analysis I did on Tesla just after it developed a minor...
Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates DNLI 4D: BUY/HOLD 100% gains // accumulation (STOCKS) IMPORTANT...
My watch list for the week SPCE and two pharmaceutical companies VIR DNLI because of the Corona virus
DNLI looking interesting as long setup. It broken down from a downward channel and now traded back to the channel formation like a bump and run formation. It has some insider buying and strong moneyflow. We think it has good upside potential from current level.