Chart of the day: end of the trend in TSLA?


Adam Grimes has over two decades of experience in the industry as a trader, analyst and system developer. The author of a best-selling trading book, he has traded for his own account, for a top prop firm, and spent several years at the New York Mercantile Exchange. He focuses on the intersection of quantitative analysis and discretionary trading, and has a talent for teaching and helping traders find their own way in the market.

This Post Has 4 Comments

  1. Jean

    5 free bars above the upper channel. This is the perfect setup for Anti reversal trade

  2. Susanta Biswal

    Overshooting the upper BB is reversal signal.

  3. Rick Staton

    Break away gap to the downside trapping longs , lower low. Possibly Short the next rally towards the middle band

    1. Rick Staton

      Follow up. Their was a trade for the retest of the low but a failure to make a lower low would have been an exit. Very sloppy chart. Any thoughts

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