Tesla Inc. stock has struggled to break through a key resistance level.
On Monday, the stock tested the $232.80 resistance for the third time but failed to surpass it, signaling weaker demand for shares.
This repeated inability to break higher suggests that we might be on the verge of a pullback, with the potential for the price to decline towards the $202.00 level.
For traders and investors, this could indicate a period of caution as the stock faces increased selling pressure.
Will TSLA find the strength to bounce back, or are we in for a deeper correction?
On Monday, the stock tested the $232.80 resistance for the third time but failed to surpass it, signaling weaker demand for shares.
This repeated inability to break higher suggests that we might be on the verge of a pullback, with the potential for the price to decline towards the $202.00 level.
For traders and investors, this could indicate a period of caution as the stock faces increased selling pressure.
Will TSLA find the strength to bounce back, or are we in for a deeper correction?
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.
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.