TeslaPanjang
$TSLA Weekly RSI oversold, potential price bottom.
As seen on the chart, TSLA has reached oversold on the weekly timeframe for its third time in history. Previous two times were a longer term bottom for the stock price. It's a possibility that this will occur again, the P/E ratio has dropped considerably from it's overextended levels, and FUD for Tesla is at a peak.
However it must be noted that Elon Musk himself has said multiple times that there's a recession coming, for which he has already prepared billions of $ in cash reserves seen by his recent stock sales.
TSLA has reached oversold on the weekly timeframe for its third time in history. Previous two times were a longer term bottom for the stock price. It's a possibility that this will occur again, the P/E ratio has dropped considerably from it's overextended levels, and FUD for Tesla is at a peak.However it must be noted that Elon Musk himself has said multiple times that there's a recession coming, for which he has already prepared billions of $ in cash reserves seen by his recent stock sales.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.