$TSLA - Oversold for NASDAQ:TSLA by DankBeans

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At some point next week TSLA will touch the POC (red line). If TSLA continues down towards the next lower step then I assume we bounce back up from there. RSI is starting to show TSLA is overbought under 20, buyers will start entering soon.

Comment: More proof backing up that TSLA is oversold. Expecting price to bounce upward in the coming week.

Comments

Over sold or over bought under 20?

SwissVegaPhyle

@SwissVegaPhyle, VPSI is kind of like an RSI but shows buy/sell power, under 20 means that there is weak strength representing buy/sell, and the MTF RSI is showing that price is oversold and buyers should start entering.