Tesla and Elon Musk are always in the news for one reason or another. However, nobody is talking about price action and supply and demand. Price action creates imbalances made of price action and candlestick formations. Tesla’s stock price could drop as far as the $60 price level in the following months. That doesn’t mean that Tesla’s stock price will tank very fast in the following days; we are talking about longer-term stock analysis.
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.