Teslas share price has been steadily heading down for the last few weeks and dragging a lot of the EV market for both vehicles and miners with it.
RSI dipped into the low 40's but now that the Fed announcement is behind is, perhaps buyers might start to come back into Tesla.
It certainly seems to be at a reasonable value area. Feels like it just needs one positive announcement from Elon to rally.
Worth a watch.
RSI dipped into the low 40's but now that the Fed announcement is behind is, perhaps buyers might start to come back into Tesla.
It certainly seems to be at a reasonable value area. Feels like it just needs one positive announcement from Elon to rally.
Worth a watch.
Note
Be interesting to see what impact this has on the share price. Paris taxi firm suspends Tesla fleet after fatal accident
By Reuters Updated 1140 GMT (1940 HKT) December 15, 2021
edition.cnn.com/2021/12/15/tech/tesla-paris-taxi-fatal-accident/index.html
Note
Stock moved up 2% before crashing fairly hard with the rest of the market.Note
Recovered around 25% of its drop from the low.
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NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
MY SITES:
FIND TRENDING STOCKS: HigherHighs.com/
FIND AND SET TRAILING STOPS: SuperTrail.io
TRADINGVIEW TIPS: YouTube.com/@zAngus
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.