TSLA is once again overbought, coinciding with a triple test of the local highs. That combined with NDQ and SPX fizzing out, looking like correction time for TSLA
Note
I'm updating my chart to widen this current uptrend channel. I'm liking how price action fits around the midline of this wider channel.
So what does that mean for my overshoot thesis?
Cancelled. It's looking like a healthy upward trend (until NDQ decides to 📉
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.