The retail sector remains strong and $WMT is still my top pick. It's approaching a trend line on the 4H chart with strong signs of bull continuation into next week. Still in my original position and looking to add more on a confirmation bounce off of the trend line. Also increased the stop loss.
Chart just completed a 5-3 Elliot wave pattern, followed by a double top and it looks to be completing an ABC wave pattern now which commonly follows the 5-3 pattern. I would expect completion of the C wave and then a stronger move past the channel resistance of 9.29. Keep in mind that the pattern of the ABC wave is neutral right now as it appears to be trading in...
$TSLA in a neutral pattern now. Bull pennant pattern forming on the daily and a confirming up-trend support as well. Looking to scale in around $400. Expecting a 3-5 week hold.