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$Tesla (TSLA.US)$ the whole market RSI is 90. Too high

$Tesla (TSLA.US)$ the whole market RSI is 90. Too high
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  • TeslaSmurf : True, and the VIX is very low, though I think the market will get a bit higher before cooling down. The SPY COULD get to 436-446 before going back to the 420’s or lower. Much will depend from the next hike rate (0,25 or ZERO)… Tesla is doing fine and IF, together with good news from the FED, we get good delivery numbers for may, after an excellent April, it should keep growing. It will generally follow the market until a big catalyst comes. The scheduled catalysts are Q2 numbers and the start of the Cybertruck production, BUT there is something more in the air: the Model 3 “Highland” and an official announcement of Elon’s plans about his new AI company. IF all that comes together TSLA will have its “GPT moment”…

  • 念ad : Yes, that's right

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