$TSLA I am not recommending as a buy right now in its current state, support has not been found and it finished the week making a lower low, so support will need to be found first before buyers will be attracted back here.
I believe they will come back again as they normally do but with $AAPL and $GOOG on sale now and many more to follow, investors may be buying their time and staying in cash to get some undervalued stocks on sale shortly.
$152 remains the level to watch for me.
MACD is also showing that the trend continues to the down side for now.
Labo
2024-03-12 04:21:41 +0000 UTC