There are a hand full of prior high flyer names I will be charting, that look like 3day oversold conditions are solid targets for scaling into long positions. Indicator to calculate relative price level for == 30rsi , is RSI LEVELS
HA! Love your name and your Avatar image!!!
So what is TSLA going to do? There is no green BUY target box on this (like the other stocks that you profiled).
I assume BUY at when RSI=30? When price hits the RIS Levels 14 line (454)? When...
(Unfortunatly I already went "all in " at around 667 and am assuming that as usual the second I might SELL, the stock in quesion would immediately skyrocket)
MastaOfDisasta
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@thing123, Ahaha thank you! Pee wee herman: tell 'em large marge sent'chaa.
Yes the green line is where I would target to buy. What is also very common after parabolic top climaxes, is a -40 to -45% pullback from the highs before a ripper bounce. We are getting there soon. Good luck with your long my friend, I believe on the bounce it can reach 700 but you might just have to be waiting a little while.
So what is TSLA going to do? There is no green BUY target box on this (like the other stocks that you profiled).
I assume BUY at when RSI=30? When price hits the RIS Levels 14 line (454)? When...
(Unfortunatly I already went "all in " at around 667 and am assuming that as usual the second I might SELL, the stock in quesion would immediately skyrocket)