Satchmo88

Satchmo88

Folks, this might be a great opportunity to buy stock. While the next level lower would take us to ~$19 we have confirmed a third touch point on the ascending trend line. The 14day moving average crossover is certainly bearish but at this point we have a lot of support and completed a 10% drop in price. Best, Satchmo

Satchmo88 Updated 

Technicals

Satchmo88 Updated 

I see a break higher due to an IH&S and bullish TA signals on the divergenec, stoch rsi, and upcoming regulation meetings as a catalyst for the stock. Ow-ow Satchmo

Satchmo88 Updated 

I am personally very bearish on TSLA as a company and don't believe it will make it into 2020. However, I am also an avid TA analyst and believe this is a GREAT opportunity for a short term BUY. Hold onto your hats! Satchisimo

Satchmo88 Updated 

There is significant overhead resistance and a bearish crossover is happening on the MACD. Thanks!

Satchmo88 Updated 

Would look to short at $88 and cover at two levels $80 and then $70. Fundamentals are looking very weak for High Yield Bonds with rising interest rates; having held up strongly over the recent selloff in equities.