TeslaShort
Tesla way overextended + RSI diverging from both tops
Why is RSI going down? because price is not directly correlated to the overall strength of the market...
so sell.
simple
You don't even need half a brain to understand this.. there are no tricks, people are just in a crazy buying frenzy (euphoria) and when this thing goes down, the exact opposite will happen (fear).
so sell.
simple
You don't even need half a brain to understand this.. there are no tricks, people are just in a crazy buying frenzy (euphoria) and when this thing goes down, the exact opposite will happen (fear).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.