NFLX has formed a nice C&H on a rising trend. Based on the leading edge of the cup to the bottom, should expect about a 12% rise from here.
The downward channel I was showing for TSLA looks like it has been broken. I figured it would take another leg down if the channel continued, so I sold. Looks like it has been broken. Looking for a retest of new support and then move higher.
Is TSLA about to bump the down trend line and make the lower high with a next leg down, or is it about to break to the upside?
Did it just run out of the channel or is it now using that as support trend line?
I like the double bottom ABT just completed. RSI is trending up. The pullback over the last week was on decreasing volume. Looking for a leg up from here.
Look at WCC, pull back below 200 DMA, then up above it, then a retest of the 200, now up to touch the 0.5 Fibonacci point. Where does it go from here?