Tesla Rally Continues Shares in Tesla are trading higher pre-market as the stock’s bull run continues. The recovery off the April lows has seen Tesla shares advancing more than 70%, now up over 155% on the year so far. Shifting Fed expectations have been a huge driver behind the aggressive move higher in tech stocks […]
TitleBCOUSD H4 | Running into 50% Fibo resistance TypeBearish Reversal Preference: Price could approach the pivot point of 75.267 and potentially reverse from here; we could see momentum carry price down to its 1st support of 72.132. Alternative scenario:If price breaks above the pivot point, it could hit the 1st resistance of 77.519. To discuss […]
TitleAUDJPY H4 | Bullish bounce from pivot TypeBullish Bounce Preference:Price could approach the pivot point of 94.584 and potentially reverse from here; we could see momentum carry price up to its 1st resistance of 95.52. Alternative scenario:If price breaks below the pivot point, it could hit the 1st support of 93.812. To discuss this trading […]