Actionable Trade-Alert
from Rick in the Trading Room
(Please check all related discussion in the room before you do any trades.)
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14:02 |
With the broad averages in a lunatic ascent, it’s worth mentioning that MSFT is acting like it swallowed a quart of Drano. |
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14:04 |
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14:08 |
TSLA , currently around 366, is targeted on 417.75. The pattern is exceptional and very high-confidence, although three months of screwing the pooch at p345.48 makes the final run-up to D uncertain. p2 therefore takes on more significance. It lies at 381.62, and is likely to produce a tradable stall. Short calls there, but be ready to cover them if 381.62 resistance looks weak. |