TeslaLong
Long TSLA
This stock looks like the sellers are cooling off and the buyers are taking place based on the MACD. RSI is in the 43 range and showing that it is closer to oversold. This stock is poised for a little love and seems to be ready to make it back to the 20EMA at $947 and then to the 50EMA. This could be a nice run. The only concern that I see is the volume at the $677 range. I would have a soft stop at the 200EMA. Happy trading and do your own research.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.