$TSLA Tesla Motors This Week Analysis
NOTES:
-There was an RSI Convergence between December 01-08
-- WHAT IS RSI CONVERGENCE?: RSI is showing an uptrend while the chart is showing down. There will be an upward price movement/change. This is opposite of RSI DIVERGENCE
-$TSLA is currently at $981/s
-Watch the line at $945 -- if it tests the line there should be upward movement -- if it breaks the line in downtrend it will move lower.
- AFTER RSI CONVERGENCE there should be an upward trend movement this week
- Price should bounce at 995 and move towards 1,100
NOTES:
-There was an RSI Convergence between December 01-08
-- WHAT IS RSI CONVERGENCE?: RSI is showing an uptrend while the chart is showing down. There will be an upward price movement/change. This is opposite of RSI DIVERGENCE
-$TSLA is currently at $981/s
-Watch the line at $945 -- if it tests the line there should be upward movement -- if it breaks the line in downtrend it will move lower.
- AFTER RSI CONVERGENCE there should be an upward trend movement this week
- Price should bounce at 995 and move towards 1,100