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TSLA Technical Analysis – Where next for Tesla Stock?

TSLA Technical Analysis – Where next for Tesla Stock?

Latest, Stocks
After a dip in price TSLA looks set to rally/consolidate in the next few weeks days as we once again push towards the record highs set on the 23rd June 2017. Whether this will lead towards a further jump or consolidation remains to be seen. In our previous analysis of Tesla stock here we successfully bought Tesla stock prior to its current resurgence. We have now entered a critical area for Tesla in that we are approaching the consolidation zone where this stock made record highs. In the chart above i have highlighted the key selling area for anyone looking for an opportunity to short this stock at a good price. Today we have touched and rested at this zone around the $367 mark. If we do see further upside we should look to bolster our positions as any further rise in price re
Tesla Inc TLSA Technical Analysis – Tesla stock price pulls back in to a buying opportunity.

Tesla Inc TLSA Technical Analysis – Tesla stock price pulls back in to a buying opportunity.

Latest, Stocks
As we focus on Tesla Stock we see that after making an all time high of $387.60 on the 22nd June, Tesla stock has fallen dramatically in the last few weeks hitting a low of nearly $303 in the days trading. This fall taking almost $80 off the value of the stock in a relatively short amount of time. If we zoom out and look at the dramatic rise of Tesla Stock we can see it hasn't really shown any signs of slowing down since the beginning of the year. This recent dramatic fall is out of character for this company and it gives us an excellent opportunity to buy this stock at a bargain price. Yesterday and today price has consolidated into the demand zone created in the middle of May. This area represents fantastic value for anyone wanting to purchase Tesla stock to ride the next leg h...
Apple Inc (AAPL) – Technical Analysis – Apple INC stock at upper monthly trendline, due for a pull back?

Apple Inc (AAPL) – Technical Analysis – Apple INC stock at upper monthly trendline, due for a pull back?

Latest, Stocks
Apple Inc (AAPL) is currently hovering at the upper trendline of a monthly bullish channel having gained nearly 35% YTD . Price currently sits at £154.89 with no current signs of a retracement. A close eye on the daily charts for a break of $145 should signal a move down with the missed monthly pivots at $143 and $133 being lined up as potential targets. The Relative Strength Index (RSI) also supports our view of a retracement approaching. It shows overbought conditions on the monthly, weekly and daily giving us triple confirmation that a pull back is close. The long term view is still a buy on this stock as nothing has changed fundamentally to say AAPL wont continue its impressive growth in value. Any short term pull backs should be seen as opportunities to buy with the long ter
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