Author Archives: Pete Renzulli
Author Archives: Pete Renzulli
TSLA Tesla Inc Stock Chart 1-9-20Tesla Inc TSLA has traded into my two favorite signals. I call the FUEL and Exhaustion.The first arrow on the chart shows TSLA breaking out of a trading range on massive volume. The key here is BOTH criteria, not one or the other. Many traders make the mistake of going […]
CONTINUE READINGJPM JP Morgan Chase Stock Chart 1-8-20JPM has broken the bullish order flow that began in October but the stock price has not confirmed a change to a bearish bias.The close on the lows sets up a terrific opportunity to look for a new long today.I’m placing a limit order to bid for stock in […]
CONTINUE READINGCRM Salesforce.com Stock Chart 1-7-20 Tape reading tells you everything you need to know. When a stock explodes and holds above the open, it’s time to gt involved.CRM [Salesforce.com] punched through 52 week highs setting up a new position trade heading into earnings season. I’m looking to initiate a new long on half of my […]
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