Ubuntu_mee9

TSLA is extended here

NASDAQ:TSLA   TESLA INC
I love the stock, and have played it to upside often but think it is extended here now. Last time it was this far away from 8 EMA and RSI this much into overbought range, it did correct strongly. Not that I expect that kind of correction here, but expect some rest or retrace. Good candidate to sell call spreads with time decay accelerating on monthly options.
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