The End of a Tesla Era!
Tesla missed on earnings. Huge decline for this leading EV stock.
Tesla was already getting oversold on the daily chart, & now with this decline its a salavating opportunity for day traders.
I still think the true swing trade level is a bit lower from here. This weekly close will tell us more.
We have included an analysis of the XLY sector (Consumer Discretionary). We discuss 3 signals that have only ever happened over a 25 year period. The weekly Golden Cross.
Often this Weekly Golden cross is bullish long term but historically weak price follows in the short term.
Tesla was already getting oversold on the daily chart, & now with this decline its a salavating opportunity for day traders.
I still think the true swing trade level is a bit lower from here. This weekly close will tell us more.
We have included an analysis of the XLY sector (Consumer Discretionary). We discuss 3 signals that have only ever happened over a 25 year period. The weekly Golden Cross.
Often this Weekly Golden cross is bullish long term but historically weak price follows in the short term.
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