As we can tell here that Tesla had jumped down to to support zone and is consolidating between the support and resistance from it's previous 100 dayish low which is it's resistance.
There is going to be a big move. Either a break of trend and push toward resistance. Or a break and fall toward support.<---(which is not likely to be held)
Looking at tesla here, we can be lookin at a long for a bit if it breaks Resistance 1.
About to hit a previous area of support. Support is not likely to hold due to the selling pressure of the previous trading day.
Looks like the market is getting a little more stable. Although sellers had control for a while, buyers are coming back stronger. All old orders got filled and if predicted the buys take control market it will pump.
We are looking at a potential reversal here on the AMEX:SPY . To the bullish side. Let's break it down from June 22 2022 until now as you can see the chart tried to perform a reverse head and shoulders. But it did not reach its original high due to a trendline. This shows is that there intense selling pressure and the trend line is still valid. After the...
We are looking at a break out here on Spirit Airlines to the bearish side. We can see there has been a Symmetrical Triangle that was formed over the course of almost a year. It broke out recently to the bearish side. Now it seems like it might pull back hit the trend line and bounce back down or it is going to consolidate. Either way in 5 to 6 weeks we a looking...