Update 5/15/16 – Netflix has broken 90 as the chart has shown it could do. The support level it may likely seek is in the lower 80’s. It is testing out is most recent lows and may push a little lower before it bounces. It may find its range in the 80-90 area. Update 5/9/16 – Netflix […]
Chart Porn
Technical Analysis of stocks
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Tesla TSLA Chart Porn (updated 5/15/16)
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 […]
- Apple
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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
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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 […]