News of the day, 3 March:
Brandenburg state environment office made a final approval on Tesla's new 'Gigafactory' outside Berlin. The decision does not mean Tesla will be able to start car production immediately, it said, adding the state environment ministry recently said the developer would have to fulfil further requirements before …
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The share trades in the range of 365 and 135 EMA. The ascending wave pattern is truncated. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought conditions.
Trading idea:
Sell when the descending wave pattern is formed, where the wave (A) breaches …
The resistance level of 0.6259 restricts the buyers. The pattern “Triple Top” has formed. There is a bearish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the overbought conditions. The breaching of 0.6228 will form the descendant pattern ABC.
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Trading idea:
Sell when 0.6228 is …
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