This has been in my port for awhile, finally picking up.
$TSLA Bullish case: we've just completed wave 1 of the next bullish cycle, sub wave count 5 saw truncation to form the double top (where I got short) to ride down to wave 2. 372-377 is the region to watch and where I'm BTFD. Most bearish case, we are in an ABC corrective pattern, 5 sub wave count C terminates at 330 making a large double bottom. 396 and 422 are...
Friday's close was v bull. Put up one of the highest percentage gains of all the regional banks. Closed above all key moving averages including the 90 day. That volume profile may v well turn into a mega launch pad. Broad market is telling us that financials are due to make their runs.
After falling to multi-year highs CAD/CHF appears to making a bullish recovery. This may be interpreted as a bearish correction pattern as we are now coming up to the top of the triangle I've drawn w confluence of key resistance area. Let me know what you think and your take on this, thank you!