Tesla's European Registrations Rose in June

Although the news is positive, the RSI at 79 indicates overbought territory, increasing the risk of a short-term correction. The 14% rise in the last 24 hours suggests that some of the momentum may have already been priced in. While the MACD still signals upward momentum, overbought conditions and the high price level are likely to limit further upside. Therefore, a sideways or slightly bearish trend can be expected in the short term.

GOOGL stock recorded a strong 5.35% gain in the last close, with the RSI just above the 70 level, indicating that it is approaching overbought territory in the short term. The MACD remains positive above the signal line, and the price is above both the 20-day and 50-day moving averages, suggesting the uptrend continues. However, since the news headline is related to Tesla, there is no direct impact on GOOGL, so the upside expectation is limited to cautious optimism. In the short term, the current momentum is likely to persist, but some profit-taking may occur as the RSI enters overbought territory.