Echofox

Echofox

Classic H&S Pattern. Should test the neckline Tuesday AM if Friday's post market price remains valid. If it breaks look out below (PT $240) $TSLA

Echofox

Protecting profits A couple ways to chart this but it you take the channel here which looks much cleaner opposed to the Jan '18 high you see we are at the top of the range. The RSI in indicates we are in overbought territory which makes sense after the incredible run and the stoch is right up along other ATH. Using the top of the Jan 18th high we see a breakout...

Echofox

Chorus bounced off the lower resistance and has confirmed break above the downward trend line. The also pay a fantastic monthly dividend

Echofox

Massive Cup & Handle on the Daily With the afterhours move this evening a strong open tomorrow pushes us above the upper trendline. If it closes above that tomorrow it will confirm the breakout. With a push from a passed legalization and short squeeze this can make for a fast long trade. Breakout PT Short Term; ~$44 @ ATH Mid Term: ~$54 w/ measured move

Echofox

Massive Cup & Handle on the Daily With the afterhours move this evening a strong open tomorrow pushes us above the upper trendline. If it closes above that tomorrow it will confirm the breakout.With a push from a passed legalization and short squeeze this can make for a fast long trade. Breakout PT Short Term; ~$34 @ ATH Mid Term: ~$40 w/ measured move

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See chart

Echofox

A break below lower resistance could send this tumbling fast

Echofox

I see next resistance around $19.80 with it continuing a negative downtrend into ER.

Echofox

We have a number of indicators that show a bearish case for $NFLX in the short-mid term. 1) Trading at top of the range. 2) RSI very over extended representing overbought territory. 3) Markets are at all time highs. Any negative or geopolitical concerns could spiral a large selloff. 4) Its extremely expensive right now with a P/E of 334. 5) Bearish MACD...

Echofox

We have a number of indicators here that show a possible bearish for the short - mid term case for $NFLX. 1) Trading at top of the range. 2) RSI very over extended representing overbought territory. 3) Markets are at all time highs 4) Its extremely expensive right now with a P/E of 338. 5) MACD starting to curl down on the weekly chart.

Echofox

See chart for reasoning

Echofox

Bullish RSI shows sign of a downtrend reversal. This topped with a ER that beat on all metrics should easily push this up to $104.25. That's where I see the next resistance. If it breaks should be easy sailing to the $111 range. Could test the bottom trend line again that started in May however I doubt we will see the reversal after that ER.

Echofox

C&H formation has broke out. Measured move of $8. Near team PT of $112.25

Echofox

Ascending triangle formation with price target of $52.48.

Echofox

Price is reaching the apex of the ascending triangle. If we can see the SP bust through the upper trend line look to enter for bullish uptrend.