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0Joined Sep 17, 2013
1987
black
dollar
dollarindex
dxy
long
long-term
long-term-analysis
long-term-trade
monday
parallelchannel
spx
target
tesla
trendline
usd
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Target for a high is the week of October 12th, but it will be very volatile on the way up because everyone knows this stock is way overbought. I expect quite a few spikes down setting up a short squeeze every time. Today should be a high, and tomorrow/wednesday should be a low with another rally into the end of next week (Friday Sep. 11).
4
We may have an overshoot down to the 91.60 - 91.45 area. Red lines represent major overhead resistance for a rally. Will update after Monday settlement.
3
Pretty self explanatory. Remember it's just a simple trendline/channel, don't bet the farm on it.
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