Tesla and Elon Musk in the news a lot lately, and look at this chart as a result.
Gap open below the descending wedge and then gap back up into the wedge.
As far as I am concerned this is an island reversal until proven otherwise and extremely bullish.
I would buy on close above the descending line - circa 8250, sit back and light a big fat cigar.
But hey thats not trading or smoking advice.
Happy trading all
Gap open below the descending wedge and then gap back up into the wedge.
As far as I am concerned this is an island reversal until proven otherwise and extremely bullish.
I would buy on close above the descending line - circa 8250, sit back and light a big fat cigar.
But hey thats not trading or smoking advice.
Happy trading all
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Correction 282.50