OIL is oversold. Doesn't mean it cannot get MORE oversold.
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$tsla looks good to go. After reversing from 115 range and getting back up to 159 it has consolidated and held very nicely. I am looking for a move up to 159 and potentially a move back towards the breakdown area from earnings of $170. Take a look. I will have a stop set around 146.
I am long $tsla 149.93 Yelp broke down today on heavy volume. Massive rounded top and looks like it could potentially pop, but if it fails to close the gap over $59 it looks like it will hit $56 and then $52.50. Always use stops, Take gains when you have them. This is a quick hit.
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AuthorJeffrey Loesser. Trades are personal and opinion only. Archives
November 2014
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