Update 5/15/16 – Tesla continued its sell off as the stock stands still hovering above 200. The range is looking to continue its path. 200 has not been a solid level so it may very well be crossed and move to 190 if it falls below it. Update 5/9/16 – Tesla has been a beast this year as […]
beginners method to trading
- Apple
- ...
Apple AAPL Chart Porn (updated 5/15/16)
Update 5/15/16 – Apple broke below its 200 day moving average but found its support at 90. This is an interesting set up as the bulls may attempt to push this for a bounce but the overall trend is still intact. The chart shows that 90 has not been a very strong price level. Update 5/9/16 […]
- Amazon
- ...
Amazon AMZN Chart Porn (updated 5/14/16)
Update 5/14/16 – Amazon made a push higher from its recent earnings to make another 52 week high. It moved in its normal range and the chart shows that it has a strong chance of consolidating or pulling back. The RSI shows that once it reaches overbought, it pulls back. 700 holds the key for it […]