cstoyanov

New trading channel

NASDAQ:TSLA   TESLA INC
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I do see forming of uptrend channel with multiple buy signals on the Tesla chart:

Parabolic SAR are indicating beginning of uptrend.
Moving Average Convergence-Divergence ( MACD ) crossover signal is indication of reversing the trend.
MACD histogram is above the 0 line and starting to rise
Relative Strength Index ( RSI ) indicates extreme level of oversold c