Tesla
Short

If you worship Tesla, Elon, Ark invest, read this!

1727
I believe most people use oscillators because they don't have enough knowledge and experience to see the reality in the charts.
They don't have enough confidence so they use multiple exotic indicators/oscillators to confirm their beliefs!!!
Do not forget you have to do your analysis based on the price and volume in the first place!!!
Oscillators keep Oscillating and they are not able to shoe the difference between the main trend and corrections, no matter it is a bullish/bearish trend.
in this chart, you see different time frames, daily, weekly, and monthly, the price trend has damaged a lot since early February 2021 and you see a constant decrease in trading volume at all time frames. If you think any stock could reach the new all-time highest with lower trading volume, it is time to wake up, tomorrow could be too late...!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.