I see it melting, but by no means am I the pro here. learning daily and sharing as I go. lmk know what y'all think. Analysis is in markup.
Not a professional - and still learning. but this is what I see. Analysis written in description. Take at own risk :) only thing not included - counter trend line meets around 38.2 major reversal zone. so if it does break below daily trend again, it will have to test and break that area but that around 1.15 so still solid TP area if you don't want to be...
General Electric Co. (NYSE: GE) is expected to report its first-quarter results early on Tuesday. Overall, analysts anticipate earnings of $0.09 per share, as well as $27.05 billion in revenue. Shares traded at $9.57 on Friday’s close. The consensus price target is $12.61. The stock has a 52-week trading range of $6.40 to $14.99. Off Technicals we see it finally...
Details provided on chart. Basically - Tesla is showing signs of downtrend momentum. Broken month and Weekly trendlines, bounced off major reversal zones with fibonacci, and things aren't looking to shabby for short term growth. Wouldn't be a "Safe" purchase until breaks back above trend line. could see it retracing to the 274-285 area but would touch it...
I foresee this guy melting if it doesn't close above that weekly trend line. between quarterly report coming like ass and all the bad news that's been dropping, the company needs to do something to revitalize their band image and regain composure. surprised their pricing held as well as it did - last time it was sold this low on RSI price was below 200. Would...
Confirmation provided in analysis. I see explosive growth for this company from technical standpoint.