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Teslas now down 25% off its highs. Is it turn-around time?

1 058
Teslas share price has been steadily heading down for the last few weeks and dragging a lot of the EV market for both vehicles and miners with it.

RSI dipped into the low 40's but now that the Fed announcement is behind is, perhaps buyers might start to come back into Tesla.

It certainly seems to be at a reasonable value area. Feels like it just needs one positive announcement from Elon to rally.

Worth a watch.
Nota
Be interesting to see what impact this has on the share price.

Paris taxi firm suspends Tesla fleet after fatal accident
By Reuters Updated 1140 GMT (1940 HKT) December 15, 2021

edition.cnn.com/2021/12/15/tech/tesla-paris-taxi-fatal-accident/index.html
Nota
Stock moved up 2% before crashing fairly hard with the rest of the market.

syot kilat
Nota
Recovered around 25% of its drop from the low.

syot kilat
zAngus
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zAngus
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.

MY SITES:

FIND TRENDING STOCKS: HigherHighs.com/

FIND AND SET TRAILING STOPS: SuperTrail.io

TRADINGVIEW TIPS: YouTube.com/@zAngus
Juga pada:

Penerbitan berkaitan

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.