$TSLA TOP 20
Added 2023-09-03 19:43:47 +0000 UTC$TSLA was looking like it survived its aggressive pull back from $300 and found really good support on the blue line and bounced, it comfortably stayed above the 200 Day MA....but then $TSLA decided to lower the price again on two models, for maybe the 6/7 time this year.....which investors were already concerned on $TSLA's margins as it is.
This caused the price to reject heavily at the 50 Day MA, while other Mega Caps behaved quite strong to end the week.
I think we need to see more here to determine which direction this will go. In a bearish flag here now too and on Friday had flirted with breaking down out of it.
A break below and this could come back down to the blue line again, as a potential support line.
This is certainly not clear right now.
Comments
if fundamentals effect short term charts, long term charts are literally useless
bobby
2023-09-03 22:30:56 +0000 UTCYeah, I have a long term chart up for $TSLA but it needs to show better structure first
Gareth Neary
2023-09-03 20:05:26 +0000 UTCLong term, do you like TSLA?
makis
2023-09-03 20:02:38 +0000 UTC
