* Negative divergence: Higher highs on lower RSI * Double top about 115 * Correction in progress
* Strong support at 20dma * Resistance at previously weekly closing high of 33.07 * Watch for breakout
* Below 50 week ma * Reversed at RSI resistance around 58 * Weekly and daily in downward channel?
* Weak on weekly chart since Feb 2015 * Trending down again in Dec * Support around 102.44
* Still getting resistance at 84.84 * Watch for support or break at 50dma at 80.55
* Sideways on weekly * Sideways on daily * Upward channel on hourly * Watch resistance around 62 * If AMBA breaks, should retrace to 68
* Market in correction * AMBA in correction since July * Which way will AMBA break out of this triangle? * Next swing support points around 50 and 45.50
Finding trend support on daily Undetermined on weekly Wait for 9dma to move above 20dma on daily before considering a long position
Cup formation from August to December Close above 190 indicates breakout However, RSI and Stochastic RSI indicate very oversold Play only a breakout above 190 Use tight stops. This one seems likely to pull back.
HA chart shows breakout Standard candle chart shows backtest of breakout line today Buy on up confirmation of breakout
Pushing on 50dma Break above and room to move to 40 area
50dma has crossed 20dma Clear path to ~225
Nice cup, no handle Enter if it breaks the cup after earnings If it doesn't, play the pullback
Well into retrace, approaching 38.2% Passed previous swing high last week Try for 50% retrace
Has begun another retrace Encountering some resistance How does the price of oil affect TSLA? Do Mercedes, BMW, etc., become more attractive alternatives with the price lower?
Resume uptrend last week Broke through long-term resistance around 44 to new ATH Enter on next positive candle
Long-term uptrend through August Sideways the past 3 months Breakthrough to new highs
Continues to rapidly rise PE only 7!!