Some further updates on recent commentaries. We had observed that TSLA encountered significant resistance at the area of previous highs. What was more compelling was the weekly candle that resulted from the price activity. As we noted, it appeared to be a doji bar which indicates reluctance and indecision for prices to continue in the established direction. … Continue reading TSLA, MS, PHX Updates
Day: March 10, 2017
XOM update
A few weeks back, we made a case that Exxon Mobil was perched at the crossroads of a very interesting technical position. Since then, the stock has both pierced slightly below the 81 area and also bounced up to over 84, only to settle back to the 81 area today. While we would have been … Continue reading XOM update
TC-TECHNICALS 