TeslaUpdated TSLA Death Cross
50 day moving average (blue) crossed under 200 day moving average (red) = death cross
Historically they haven't meant much for TSLA, but this one is after a historically unprecedented rally and EV competition is ramping up.
I'm not shorting or selling but I will be on the lookout for a buying opportunity at a fraction of the current price within the next year or so.
Historically they haven't meant much for TSLA, but this one is after a historically unprecedented rally and EV competition is ramping up.
I'm not shorting or selling but I will be on the lookout for a buying opportunity at a fraction of the current price within the next year or so.
Note
must have been a bullish death cross
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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.