motleifaul

motleifaul

It's a fine continuing uptrend with a lot of potential now that we broke the prong of the fork to the upside. Perhaps it will make a correction to the former prong this week but it shall resume the upmove then soon.

motleifaul

We are in an upward channel and have now completed the downtest. We shall test the top again now.

motleifaul

A trade against the trend. I am not betting on an end of the trend but on a correction. I may be an attempt to re-reach the bottom of May the 22-27th.

motleifaul

The rounding bottom makes a new test of the prvious high(s) possible.

motleifaul

A fine rounding bottom makes a new test of the previous top possible.

motleifaul

Let's try this instead. It made a good move already. But the trend has still room.

motleifaul

It's still trending up. I don't expect to much but it's good for a short lived deal.

motleifaul

We broke out clearly now targetting 12.

motleifaul

Look at this breakout! There is sufficiant room to the upside nowif the price holds above 5.50 today.

motleifaul

As the volatility is very low I think that it's worth to hedge part of the position in American shares and buy a cheap put with an expiry in some months only now. That doesn't mean that SPY will fall now but it will not rise eternally anyway. And as I said, it's cheap now.

motleifaul

The Kijun Sen held as far. The MACD seems to build a bottom with a buy signal ahead.

motleifaul

Bottom building

motleifaul

The 20 EMA has been overcome. So the upper limit of the range can be tested.

motleifaul

It is an uptrend with a major correction done. A test of the Kijun Sen seems likely. More up towards the upper trend line is possible, of course.

motleifaul

Tesla fluctuates well up within the pitchfork. As it came back and closed the downgap the way should be open for a rise toward the median line again.This is backed by an MACD signal and the crossing of the EMA 20.

motleifaul

We formed a new high today and that's why I assume that the D-wave will be completed at 150.

motleifaul

With the overall volatility slightly increasing it looks like the coorection of PHH is over and a test of the March high becoming possible. Supportive: The Kijun Sen has been overcome.

motleifaul

With the positive divergence in MACD the turnaround and the overcoming of the Kijun Sen shall be a matter of time.