Comments on: Stock Market, Gold & Treasury Bond Analysis 10-26-18 https://rightsideofthechart.com/stock-market-gold-treasury-bond-analysis-10-26-18/ Stock Trading, Investing & Market Analysis Sat, 27 Oct 2018 16:21:52 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/stock-market-gold-treasury-bond-analysis-10-26-18/#comment-5066 Sat, 27 Oct 2018 16:21:52 +0000 https://rightsideofthechart.com/?p=188540#comment-5066 FB looks interesting as a long entry, quite possibly this week if the case for a reversal/near-term bottom in the broad market starts to firm up. I have FB at 144 support on the daily chart with potential positive (bullish) divergences while also at a potential long-term uptrend line on my weekly chart.

I can’t make the same case for a long on TSLA as the stock has a wall of resistance overhead from around 361 up to just over 388. At best, I see the stock continuing a little higher up to that resistance zone & consolidating for a while before a possible breakout (which could be longer-term bullish). At worst, I still think there is a good chance that the stock will reverse soon & go on to break down below the key 244ish support, sparking a major leg down.

]]> By: sby777 https://rightsideofthechart.com/stock-market-gold-treasury-bond-analysis-10-26-18/#comment-5065 Fri, 26 Oct 2018 19:27:14 +0000 https://rightsideofthechart.com/?p=188540#comment-5065 Thanks Randy, another great analysis as always.
How about FB and TSLA, are they might be a good chance for long recently?

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