From a technical perspective, Tesla has room to run. On the daily chart, we see a clear bullflag pattern is emerging.
The stochastic RSI is ticking up above 20, volatility is below 50, and the bullish cloud continues to expand indicating a continued uptrend and strong support.
The 1 and 4 hour timeframes are overbought. However, there are divergences forming on the 5m and 15m and if the divergences continue over, the overbought 1 and 4 hr will diverge, further reinforcing the case for a break above the flag.
The stochastic RSI is ticking up above 20, volatility is below 50, and the bullish cloud continues to expand indicating a continued uptrend and strong support.
The 1 and 4 hour timeframes are overbought. However, there are divergences forming on the 5m and 15m and if the divergences continue over, the overbought 1 and 4 hr will diverge, further reinforcing the case for a break above the flag.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.