Although it has marked its second day in the negative, TSLA appears to still be in a strong uptrend. Even though it has fallen below its post earnings trendline, it seems to have bounce off the bottom 2 hr bollinger band and .382 fib. In addition it sits above the Ichimoku cloud which is currently still green. The stoch shows that it is in a oversold condition indicating a prime opportunity to enter for long.
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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.