$TSLA Monthly RSI of 87.....

Tesla, Inc.NASDAQ

Description

⋅ Jul 13, 2020 3:32 PM

TSLA currently has a monthly RSI of 87. The only other time it was this high, was in 2013. Although it didn't mark a top in the stock price, the stock did end up consolidating for several years after 2013. Worth noting.

Technical Indicators Tesla Motors (TSLA)

Comments

Parad0x_

⋅ Jul 13, 2020 5:21 PM

I wouldn't be buying in at these prices. Especially with the RSI and MACD showing its way over bought.

regisribeiro

⋅ Jul 13, 2020 7:22 PM

@Parad0x_, I Agree

MorphinXX

⋅ Jul 14, 2020 12:34 PM

@Parad0x_, RSI AND MACD WILL NOT HELP YOU MY FRIEND YOU SHOULD SEE THE BACKTEST OVER THE YEARS THEY ARE AWFUL

Parad0x_

⋅ Jul 14, 2020 3:59 PM

@MorphinXX, Why are we yelling?

STPAUL007

⋅ Jul 13, 2020 4:37 PM

Wait till it tap 2000 or RSI hit previous peak and pay attention to SP500, if it will dip down - this rocket will be worst then hindenburg crash

lauralea

⋅ Jul 14, 2020 1:24 AM

I guess sometimes companies are worth what people think it is worth. I sold it Friday. May have been a mistake but I sleep better at night (o: