TSLA is currently not a buy neither a sell
TSLA volatility increased heavily since Oktober 2021, this makes it more worth for Daytrader but less for Investors.
Technically we are in a regression and we need to watch the mark $950 a lot. It seems we are creating a new channel between the two yellow lines, this means currently TSLA is overvalued at $950+ and undervalued at $750-.
But due the volatility this is only meaningful if we keep the channel, the situation can rapidly change if we break one of this lines, as I said, not a nice situation for long term Investors.
So keep on watch.
Technically we are in a regression and we need to watch the mark $950 a lot. It seems we are creating a new channel between the two yellow lines, this means currently TSLA is overvalued at $950+ and undervalued at $750-.
But due the volatility this is only meaningful if we keep the channel, the situation can rapidly change if we break one of this lines, as I said, not a nice situation for long term Investors.
So keep on watch.
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