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TSLA - The long term price movement is still sideways/down
TSLA
, 1W
Short
TSLA: TSLA - The long term price movement is still sideways/down

Although a popular stock right now, the historical trend is still sideways for this stock. Terrible waste of working capital. No real net gain since 2014. When I see stocks hit the upper channel line, that is the sell signal. Let's take our limited trading capital and move on to something else. Using the OFP trading strategy, TSLA is not a long term buy until it...

SPY- getting close to buy zone
SPY
, 15
Long
SPY: SPY- getting close to buy zone

Harmonics shows a nice cluster of retracement patterns in the green buy zone. If it holds and tries again for a higher price as shown, look for a bullish up move to the strong resistance at the blue line above. That should hold the lid on bullish moves for a while.

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