The stock has been in freefall over the past month.
An anti-EV Trump administration certainly didn’t help, nor did the broad market selloff.
For now, the decline seems to have paused.
Some might argue that a large falling wedge is forming and could potentially break out.
An anti-EV Trump administration certainly didn’t help, nor did the broad market selloff.
For now, the decline seems to have paused.
Some might argue that a large falling wedge is forming and could potentially break out.
- On the 4-hour chart, the MACD is close to turning positive.
- The RSI is in oversold territory.
- The Price Volume Trend (PVT) is back at levels where a bounce occurred in previous months.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.