IPFS News Link • Holidays
Random Pre July 4th Observations
• Zero HedgeBTC - make or break
Bitcoin is trading right on the big trend line and the lower part of the range. Note the 200 day moving average slightly lower. These are make or break levels...
King Tesla
It was only one week ago we outlined the TSLA long logic in our thematic email "Could Tesla be bottoming out....?" We did not think it would trade 30% higher in a week, but here we are. The stock has taken out the bigger negative trend line, but chasing it here is becoming a late trade, at least in the short term. RSI is at extremely overbought levels. We say thank you as there will be better entry points...