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TSLA Roboxtaxi Sell the News Event
Tesla has an upcoming robotaxi event on October 10, and I believe that is likely to be a sell the news event. Historically these events usually lead to selloffs on the date of the event. TSLA is approaching a key resistance zone between $264 and $271 with a chance of an overshoot. I think there’s […]Read More
QQQ Attempting a Breakout Above $486.50
After several days of sideways price action, QQQ is starting to form a move to the upside with a break above $486.58. I think QQQ is approaching an area of strong resistance here, and I would monitor for some sell pressure pushing the price back down. However, QQQ still has room to climb up to […]Read More
A Lot of Red But Little Downside for IWM
IWM has experienced a lot of red since Thursday Sept. 19, but there has been little downside from $224.50 to $219 over the past few trading days. I think IWM is still holding strong here, but the price action doesn’t look as strong as the bullish narrative for small cap stocks. Maybe most of the […]Read More