$MSFT is on fire following the same trendline pre Pandemic. Surpassed ATH, made new support, ready to break above last years trendline!!!!! Resistance? Check FIB levels. Pre ER PT @ 206.00 unless a good break above trendline. If a break above trend line that holds, pre ER PT @ 206-216
$TSLA looks to be fully recovered from pandemic. Both trendlines start on last 5/10 EMA cross on daily. 2nd trend line is a clone of the first and set on the last 5/10 EMA cross. FIB starts at support line and is a clone of the first. Support now at $923.50 PT $1420 by ER if not sooner.
How far can it go? Been holding a 13 EMA since Apr 6th. Currently consolidating at the 61.8 fib level. Looking to take long if breaks above this level. PT $77.12 If break below 13 EMA looking for small reversal.
Looking to take long position if tomorrows close stays above trendline. Hopefully worst is over for airline industry. PT $32.31 Consolidated for 2 months before breaking out in positive trend. (positive sign)
Facebook $FB has performed last 4 ER's with positive results on an average of 2.5% gain next day after ER report.
$DAL already so close to support levels and ER is tomorrow BMO. Don't see positive upside. Waiting for breakout of wedge to take down into and possibly past resistance levels.
$UAL ER coming up. In a wedge triangle currently. Waiting for breakout of wedge before ER. Thoughts?
Beak out on wedge prior to ER. Long risk is closer than short risk.