TSLA volatility income!

This equity has had plenty of time to consolidate at near the physiological support of $1,500. Descending wedge pattern and negative RSI divergence insinuates that a correction to the $1,300 could be seen this week. However, with price action supporting the current level very strong the last 2 weeks; a test to $1,650 is well within the range of possibilities. Regardless, volatility is to be expected. Straddles look objectively cheap with the current IV. Food for thought!
AAPLAMZNChart PatternsDXYFacebook (FB)Google (Alphabet)Technical IndicatorsNFLXQQQSPDR S&P 500 ETF (SPY) Trend AnalysisTesla Motors (TSLA)

Pernyataan Penyangkalan