NASDAQ:TSLA
TSLA is priming to break out of the triangle after holding the under trendline multiple times and having strong buying support setting higher lows after higher lows, particularly more recently in the $240 and $250 zone. Now at $260 and holding these two prior levels we look prime for a couple strong weeks for a large move up to $280 and $300 as near...
MAC is on the hedge funds' most shorted stocks list. The other contenders are already in cover territory for the most part, MAC is relatively undervalued compared to the rest and has high potential to be a long term hold as a dividend producing REIT as well.
With a huge short interest at 57.39% of float, any squeezes on this will be gigantic. Daily volume being...
I had a strong thesis here regarding the ~264.3 key fib level which coincided very closely with the March 31st (tuesday) move. On this day I loaded a heavy positions into SPY puts at around $263 due to this. Although SPY's secondary downtrend lines were easily broken, SPY's primary downtrend line (most extended) coincided perfectly with the 61.8 fib level I marked...
In addition to looking at Fib levels of both the most recent bottom to highs, and 2008 to highs, we see very clear levels that SPY is following. Here I am additionally seeing impulse waves that go along with my thesis. Didn't want to overclutter this chart.
