TSLA: bulls back in favor again

Please help me, so I can continue to help you make $$$s
Donate Button with Credit Cards

8/1/2014, 11:30am PT

Albeit a lack luster response After Hours (AH) yesterday on TSLA’s stellar earnings, cash is running with it. Since cash is king, that’s what matters! So looking at the chart and the technicals it looks like we have a i and ii (intermediate) and a 1 and 2 (minor). Price is up ~6% today and the bollinger bands on the daily are starting to expand after a good contraction. I wasn’t too convinced of the count and until yesterday it was rather murky, with a possible abc up only… Given today’s price action I think the bulls are back in favor again.

TSLA update 08012014


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s