Could Telsta finally be carving a bottom?

25 Şub 2018

-26 week horizontal range
-Declining volume

-Unsure at this stage but watching for reversal or continuation of trend

28 Şub 2018

İşlem aktif

It would appear we could have a break away gap however volume at this stage is not supporting this interpretation. None the less I have taken a short at 3.34 for 50 basis point risk. Planning an additional 50 if price does not run away.

28 Şub 2018

Not

A minor head & shoulders interpretation with a retest of the neckline within the confines of the larger pattern could support the short side bias but that could be somewhat arbitrary

28 Şub 2018

Not

Additional 50 basis points for 100 basis point risk

1 Mar 2018

Not

1 Mar 2018

Not

Schabacker goes on to say, "Break-outs which are obviously the result of only a normal ex-dividend correction should, of course, be disregarded, and the subsequent price action watched to determine the true technical trend"

For sake of disclosure

8 Mar 2018

Not

Stopped out of initial tranche, Risk down to 50 basis points

9 Mar 2018

İşlem kapandı: durdurma seviyesi