TSLA #TSLA Now down over 44% this month. Weekly gap below at $81.87 acting as a magnet. -Margin calls in full effect
-Long-term holders taking profits before EOY
-Short-term holders taking losses before EOY
A recipe for an epic selloff.
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By the way the P/E of Tesla is 56 nowExxon Mobil that is up 78% and pays a dividend of 3.3% has a P/E of 8.
So Tesla is sporting a P/E 700% higher than Exxon. After its crash.
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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.