Tesla (TSLA) Stock: A House Of Cards Ready To Collapse
5 Articles
5 Articles
Tesla Stock Price Returns to the Upside, But Two Key Risks Will Limit Gains
Tesla stock price traded upward in Monday’s pre-market session, signaling a potential end to its recent slump. The stock was at $429.58 at the time of writing, with gains of 2% on the daily chart, signaling an end to its its three-day loss-making streak. Tesla is still riding on the Trump-fuelled rally, but there’s an underlying risk of consolidation driven by profit-taking. Profit taking and sales figures pose risk The EV maker has seen its sto…
Tesla (TSLA) Stock Lags Behind the Broader Market
On 12th December, we analysed Tesla (TSLA) stock and observed the following: → An ascending channel, with November’s price consolidation around $350 (marked by a thick blue line) potentially aligning with the median line of the long-term ascending channel (highlighted in blue). → We assumed that TSLA stock could move towards the upper boundary of the channel near the psychological level of $500. However, the stock remained susceptible to a pullb…
Tesla (TSLA) Stock Underperforms the Broader Market
Analysing Tesla (TSLA) stock chart on 12th December, we:→ Identified an ascending channel, with the November price consolidation around $350 (marked by a thick blue line) potentially indicating the median line of the long-term ascending channel (highlighted in blue).→ Mentioned that TSLA stock price could move toward the upper boundary of the channel, located near the psychological level of $500. However, the stock remained vulnerable to a pullb…
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