🚘 Tesla Highest Daily Volume In 2 Years, Lowest Ever RSI +More

3 Jan 2023

We have two strong signals that can favor the Tesla bulls.

The first one is the volume mentioned in the title.

In the last days of December, 28 and 29, the TSLA stock saw its highest buy volume in two years.

The last time this much buying happened was 17-December 2020... A long bull market followed.

We have another interesting signal in the form of an oversold RSI.

The TSLA stock hit its lowest level ever on the RSI.
A low of 16.5 was hit.

The previous record low on the RSI was set 10-February 2016 and this marked a bottom.
A 6 year long bull market followed.

Now, these are strong signals but the chart structure is not the same.
The market conditions are not the same.

We cannot expect a bull market to develop based on such little data but, we can expect a bounce at least or a relief rally to show up before any additional blood.

This is not financial advice.
You still need a plan to trade.
Make sure to do your own research and always hit Boost & Comment! 🚀🤗😄👍

Thanks a lot for your continued support.

Thank you for reading.
You are appreciated... Now & Always!

Namaste.

21 Mac 2023

Dagangan ditutup: sasaran tercapai

All of our targets hit.

Thanks for the support.