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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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.