מעודכן

Could Telsta finally be carving a bottom?

-26 week horizontal range
-Declining volume

-Unsure at this stage but watching for reversal or continuation of trend

עסקה פעילה

It would appear we could have a break away gap however volume at this stage is not supporting this interpretation. None the less I have taken a short at 3.34 for 50 basis point risk. Planning an additional 50 if price does not run away.

הערה

A minor head & shoulders interpretation with a retest of the neckline within the confines of the larger pattern could support the short side bias but that could be somewhat arbitrary

הערה

Additional 50 basis points for 100 basis point risk

הערה

Schabacker goes on to say, "Break-outs which are obviously the result of only a normal ex-dividend correction should, of course, be disregarded, and the subsequent price action watched to determine the true technical trend"

For sake of disclosure

הערה

Stopped out of initial tranche, Risk down to 50 basis points

עסקה סגורה: הגיע לסטופ

TomKirk

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.

TomKirk