If you've followed me for a bit you will know that my go to setup is what I call the Setup 1.
It is a setup partially based on the Elliott Wave concept.
I am not that crazy 100% Elliottician ... I just like the Wave 5. :)
Here we have a setup 1 that I have been following for the last few months.
HP has finally broken out of the trading range (wave 4). Buy Signal.
Check out my TESLA call below, that too was a call for Wave 5....