Sunday, November 2, 2014

FORD & TSLA Update

FORD: Technicals are weak. Can trade for a bounce on close above the downtrending line. 14.5 is a previous strong support/resistance level. Support levels marked in chart.


TSLA: Technically still consolidating, not weak yet. EW wise, should be starting a wave 3 soon. Reward/Risk favors longs with a SL@217. May be the earnings will pump the stock up???
Long strangle with 3:1 call/put ratio should be good enough. 




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