jlhamilto

jlhamilto

For the longest, analyst were not convinced of the market strength although market was making new highs. This is because in their opinion the market was being led by a handful of stocks and the broader market was not participating in this uptrend. Today we have RSP, the equal weighted S&P 500 index breaking out of a triangle and looking set on claiming new...

jlhamilto

Intel seems to have formed an Island bottom reversal and may be ready to claim back previous levels. I am targeting 41 within the next 3 to 6 weeks but it could take longer. INTC has been lagging the AI / tech trend and i believe it has the potential to do so. full disclosure i have a 31$ call I bought when the stock was at 30.80 on which i am up 141%. I will...

jlhamilto Updated 

I believe Tesla has formed and completed an inverse Head and Shoulder showing upside potential to reach the 1st target at around 240$ . We will have to clear the Supply zone in order to reach the target. This is a multi week swing although there is no specific target date Invalidation point: Below 180$

02:46

jlhamilto

I made a previous call when NASDAQ:TSLA at 196 based of an inverted Head and shoulders with a target of 240-244. We are currently 5% away from these levels. Feel free to check it out. Tesla has just broken out of a strong descending resistance and is currently sitting above its Anchored VWAP from the highs. On the Daily, we had a gap up on volume indicating...