Tesla. Lost of Momentum.Unlikely to trend upwards in short term.

Updated

Bulls of Tesla, beware. Good price level to dump stock and take profit.

There will be opportunities to long Tesla, at a lower price level, but not now.

Tesla is a great growth stock. Current price is relatively "Fair", but this is not a level that I would consider buying at.

Note

typo - "Loss of Momentum"

Note

Tesla been trading sideways, as expected.

SpaceX's launch today won't affect Tesla. But watch for Boeing if you are interested.

Note

SpaceX's successful launch has no significant financial impact on TSLA. This bull run to 899 is over hyped and I expect a pullback coming soon.

yujingr

Also on:

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.