December 17, 2024

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Extreme Positive Sentiment

Please click here for a chart of Tesla stock (TSLA).

Note the following:

• The Morning Capsule is about the big picture, not an individual stock.  The chart of TSLA stock is being used to illustrate the point.
• The chart shows that TSLA stock has gone parabolic.
• The chart shows the recent Arora buy signal.  There is a 66.8% gain from the Arora buy signal in less than six weeks.
• RSI on the chart shows that TSLA stock is overbought.