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
MS
Bank Stocks, MS
Some of the strongest performers in the past 3 months have been U.S. bank stocks. It's not a coincidence that charts of the large cap banks all look very similar since the same dynamics affect them all. The most significant catalyst for their recent strong advance is the signal from the new Administration that regulatory red tape … Continue reading Bank Stocks, MS