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Nebuchadnezzar

01/08/21 3:35 PM

#39721 RE: J2003 #39719

all i know is its wickedly priced
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J2003

01/08/21 3:35 PM

#39722 RE: J2003 #39719

It may explode more today. High RSI - overbought
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JJ8

01/08/21 4:37 PM

#39732 RE: J2003 #39719

RSI is an Oscillator.

Oscillators catch turning points in flat markets but give premature and dangerous signals when the markets begin to trend.

TSLA is in a strong Uptrend at this time.

The point is that as the RSI recycles, soon the current Uptrend continues.

It does not mean there is a change in the prevailing Uptrend.