TSLA bullish analysis

20 thg 12, 2022

Tesla RSI reached previous bottoms both on daily and weekly charts (on weekly both for the RSI and it's MA, the yellow line). Further, on the daily chart, the tops of the RSI are trending up and bottoms of the RSI's MA are trending up (both in a divergence with the price). These are all indications that a reversal is about to happen and, given the convergence of signals and the longer term, weekly chart patterns), it's likely that the up trend will be a more significant one.

9 thg 2, 2023

Giao dịch được đóng thủ công

on weekly chart the RSI got both to the resistance purple trend line and horizontal line (blue) indicating a possible upcoming fall in the price.

9 thg 2, 2023

Ghi chú

on daily RSI reached almost 80 and the MA (the yellow line) almost 70, which, again indicate a possible fall of the price. Price is now 212.11 (214 the high for today).

9 thg 2, 2023

Ghi chú

from 137.80 (the original price when I posted idea) to 212.11 (the price when I posted the update above) it's about 54% profit.