We've all seen the news that TSLA got added to the SP500, which initiated the most recent bull-run at November 16th.
Currently, Tesla's price is above the channel resistance. Tesla is severely overbought at the moment, a quick sell-off is ever more likely at the moment. We've seen the same happen at the September 1st sell-off.
Im eyeing the $560 support as potential reversal of the down trend, potentially even $500.
Currently, Tesla's price is above the channel resistance. Tesla is severely overbought at the moment, a quick sell-off is ever more likely at the moment. We've seen the same happen at the September 1st sell-off.
Im eyeing the $560 support as potential reversal of the down trend, potentially even $500.
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