Join Dstockmarket's Community - Daily Market Analysis, Individual Stock Analysis.
After the news of Tesla being added to the S&P 500, it is gapping up pre-market. At the time of this writing it is up more than 12.5% and it looks like it will break out of the daily triangle.
Watch the apex of the triangle. I think that as long as it stays above it, then Tesla is very likely to continue to move higher in the future.
Nov 30, 20 09:44 AM
The S&P 500 has broken out into new highs and I believe that it has establish a new support area.
Nov 23, 20 09:05 AM
After breaking out of a downtrend line, the S&P 500 still looks bullish for the near term.
Nov 17, 20 05:26 AM
After the news of Tesla being added to the S&P 500, it is gapping up pre-market.
Nov 09, 20 06:56 AM
After the elections, the S&P 500 is now breaking out of a triangle pattern.
Oct 23, 20 08:22 AM
The US stock market seems to point to a Republican victory. It is still in an uptrend and therefore we should continue to remain bullish.