TSLA Short. TSLA is now listed under SP500 and we are talking a short from what we see. There is a tight stop to the highs but we can see a good pull back here before it comes in a trading range again for another rally or drop.
Blue- Ford
Green- SPY
Oragne- TSLA
Yello- MSFT
Year 1981- F low- Also know as oil crash
www.upi.com
Year 1999- F high- 2000 was the tech bubble high
www.nytimes.com
2020- Coronavirus
2021 - Tech bubble?
WMT long after holding the same range for 4 days. Market got a pull back after US stim talks and UK COVID strain. This has held strong looking for back to the highs
FDX Short after ER. FDX closed out today at a key level. Keep an eye out too see what happens tomorrow. After hours we are looking a small red. We are sitting at a key pivot point
It is the start of the week and vaccines news is out. We are still waiting to hear from a stim package deal. If tho we had good news over the weekend the market still needs a stim package for at least a few months. With the current vaccines that are coming out no one know how long it will work or when it will be fully under control. Looking to swing some short...
Another way view of BA with update lines . The chart i did befroe was from lines when COVID first hit now we update the lines to when BA had initial pump to retest 26 week high.
We took BA calls a few times already but now with the vaccines coming out,733 back in flight, and airlines looking to get flight back up and running. We can see a upside for BA. There are two keys levels to watch for are the 2 dotted green lines. one which will be our support and the other will be our target .
Gold had a nice bounce from the support before but it is back to the trading range levels. We can see a sell off if we break that support again. If the market start to coming around like they are today with oil going back to $47 a barrel I will be looking for s swing short on the gold contracts.
