![[Video] SPECIAL LIVE Mid-Week Update with Kay Kim](https://2tradersclub.com/wp-content/uploads/2015/11/financial-chart.jpg)
[Recorded LIVE] Analysis & Forecast:
- Indices: SPY QQQ DIA $INDU SMH $SOX $XLF IWM IYT
- Equities: NAT UNH EBAY AAPL TSLA GOOGL QCOM AMZN NFLX
- Commodities: GLD SLV GDX
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K,
if you draw a line from the top of candlestick chart on tsla on 9/21, 9/25, 11/09 you can see a ceiling that tops around 123-125 present time. I has gotten stuck below that line last 2 trading days. Could be heading for 206 support, minor term. Also, aapl close to filling that gap and amzn near all time highs in a run up ahead of cyber monday. I think we could be seeing a very minor term pullback this week. Traders also tend to sell before a long weekend so that they don’t get caught in any positions in case some news breaks out.
Question: if tsla really is in a trading range, would you consider going long at the bottom of that range (180ish)?
Zex_M19 yea that might be true that we may see some pullback this week in the overall market.. Regarding TSLA, as I’ve been advocating in my videos that I wouldn’t want to go long TSLA anytime soon regardless it’s price.