Has Tesla's success story come to a halt for the time being? A look at the cumulative delta in the weekly chart answers the question in the affirmative.
It can be clearly seen that the buyers are not able to lift the share price above the high of September 2022 despite great efforts. At some point, the bulls will run out of steam and, old stock market wisdom, what doesn't rise must fall.
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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.