ChiScoot

ChiScoot

The three black crows is visible on the weekly interval for NASDAQ:AAPL We may see a dead cat bounce this week and for price to fade from the bearish weekly fair value gap (238.96). Ultimate target is at 219.47 or close to this level. There's not a whole of data this week so we may rely on macro events or some earnings data that may induce some volatility to...

ChiScoot

NASDAQ:TSLA Tesla is coming out from a modest pullback and on its way for another rally. I measured the move from the previous swing low (326.59) up to the last swing high (488.54) before the pullback. I did the same exercise from the next swing point at 415.41 and the projected measured move of 161.95. For confluence, I am using 5-12 EMA pair for trend...

ChiScoot

BRK.B has been falling for the last two weeks. On the weekly interval, there is a bearish fair value gap. We saw an up-close bar on Friday. I believe price will continue to go lower and it will do that from the weekly FVG. The ultimate target is the intermediate term low at 437.90.