Back below its 200 WMA and did not sell off as much as the other Mega Caps this week but this is likely down to its very strong decline since the start of Dec, due to Elon involvement with DOGE and the Trump admin.
There is weakness here and we can not rule out more downside right now, support looks delicate.....and $AMZN and $GOOG look like better assessments right now
$TSLA could just about handle the DOGE issues but global tariffs and supply chain constraints now likely, it is certainly going to effect $TSLA, especially when there seems to be a clear boycott of $TSLA in Europe because of Elons actions.
I do not believe there should be any rush here to add....as we can not rule out a drop down to the Buy Zone under $114.
Danny James
2025-04-08 14:02:49 +0000 UTCNalaikPanda
2025-04-07 11:15:29 +0000 UTCCeușan C.
2025-04-07 07:16:48 +0000 UTC