Tesla Stock Overbought

Shares of Tesla Motors (TSLA) after a 60% run off the February lows where I warned of an imminent sharp bullish reversal now are dramatically overbought in the near-term. Active investors and traders will find good reward to risk opportunities on the short side and book long-side profits.

Serge Berger
President/Founder
TheSteadyTrader.com

1 Comment

  1. Andre

    There is a gap fill @$238.37 So, perhaps it might want to fill it. Stockcharts.com shows 200 SMA @ 228.90

    Thank you for the video.

    Reply

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