SamSuka
The Long Investor
The Long Investor

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$TSLA TOP 20 UPDATE

$TSLA announced late yesterday that they have price cut again, for the 6th time this year, we can gather from this that they are trying to shore up demand by bringing in customers at different price points. 

It appears to be a tough day for the market anyway, maybe due to concerns that the US government could default sooner than expected if the Cap is not raised.

Either way, the market has reacted to $TSLAs actions just before earnings  are due to be released after close today. The price is outside of the wedge now and moving down, let's see how the market reacts at the opening.

$TSLA TOP 20 UPDATE

Comments

A smashing earnings could be a catalyst that could send this high for sure, however the price action now is not showing that

Gareth Neary

No upside potential from a technical analysis point of view here before completing the green wave 2, right?

makis


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