Tesla's oversold condition based on RSI suggests potential entry point for bullish investors.

From Nasdaq: 2025-03-13 11:55:32

Legendary investor Warren Buffett advises to be fearful when others are greedy and greedy when others are fearful. The Relative Strength Index (RSI) measures stock momentum on a scale of zero to 100, with readings below 30 indicating oversold conditions. Tesla Inc (TSLA) recently hit an RSI of 28.4, suggesting a potential entry point for bullish investors.

Tesla’s 52-week range is $138.8025 to $488.5399 per share, with the last trade at $236.11. With the stock currently oversold, investors may see this as an opportunity to buy in at a potentially discounted price. Consider keeping an eye on TSLA for potential entry points based on technical indicators like the RSI.

For more oversold stock opportunities, check out the link for 9 other stocks that may be worth considering for investment. Remember to conduct thorough research and analysis before making any investment decisions to ensure it aligns with your financial goals and risk tolerance.



Read more at Nasdaq: Relative Strength Alert For Tesla