Tesla Trading Pattern Looks Bleak After Tough Start to 2021

Bloomberg2021-07-01

The so-called death cross gauge often precedes more losses The last time Tesla stock flashed this signal was in Feb. 2019 Tesla Inc. investors just closed out the worst half-yearly run since June ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Jo5tarz
2021-07-02
Jo5tarz
?️?✋
- BinLong:
  ??
eseah88
2021-07-02
eseah88
HODL
WildFoE
2021-07-01
WildFoE
Pls like n comment. Thanks.
- CafeLatte:
  Doge
sheenayam
2021-07-01
sheenayam
Please like and comment
- Otahman:
  Ok
OSKSengKuan
2021-07-01
OSKSengKuan
Yeah
- eeez:
  ?

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1155333823?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-01 22:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1155333823","market":"us","top_or_hot":-1,"title":"Tesla Trading Pattern Looks Bleak After Tough Start to 2021","media":"Bloomberg","content":"<div>\n<p>The so-called death cross gauge often precedes more losses\nThe last time Tesla stock flashed this signal was in Feb. 2019\n\nTesla Inc. investors just closed out the worst half-yearly run since June ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-01/tesla-trading-pattern-looks-bleak-after-tough-start-to-2021?srnd=markets-vp\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Trading Pattern Looks Bleak After Tough Start to 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Trading Pattern Looks Bleak After Tough Start to 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 22:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-01/tesla-trading-pattern-looks-bleak-after-tough-start-to-2021?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The so-called death cross gauge often precedes more losses\nThe last time Tesla stock flashed this signal was in Feb. 2019\n\nTesla Inc. investors just closed out the worst half-yearly run since June ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-01/tesla-trading-pattern-looks-bleak-after-tough-start-to-2021?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-07-01/tesla-trading-pattern-looks-bleak-after-tough-start-to-2021?srnd=markets-vp","article_id":"1155333823","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1155333823","pubTimestamp":1625150907,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"The so-called death cross gauge often precedes more losses\nThe last time Tesla stock flashed this si","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"在2021年艰难开局后，特斯拉交易格局看起来暗淡","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"The so-called death cross gauge often precedes more losses\nThe last time Tesla stock flashed this signal was in Feb. 2019\n\nTesla Inc. investors just closed out the worst half-yearly run since June 2019, and the electric-car maker’s shares are approaching a technical level that some chart watchers see as a harbinger of further losses.\nThe lackluster performance in recent months has culminated with the stock now on the verge of a so-called death cross. That’s when a security’s average price over the last 50 days falls below that of its 200-day moving average. It’s a closely watched technical measure that may portend a period of continued declines. In Tesla’s case, the last time shares formed this trading pattern was in February 2019 and preceded a more than 40% decline in the share price to $35.79 from $63.98, within a span of 65 days.\n\nTo be sure, while the death cross often implies more pain to come, “sometimes the moving averages will meet and dance together for a bit before bouncing off one another,” said Dan Ushman, the chief executive officer of TrendSpider, a technical analysis software company for traders.\nTesla shares have declined 3.7% in the first six months of the year, underperforming the broader S&P 500 Index amid a growing threat of competition from traditional automakers, as well as lingering concerns about an erosion in its market share in China. They traded at $681.02 on Thursday morning in New York.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":158771904,"gmtCreate":1625184241608,"gmtModify":1703737775817,"author":{"id":"3566111551860327","authorId":"3566111551860327","name":"Jo5tarz","avatar":"https://static.tigerbbs.com/8cdaa131f223c2f17b3669bce62cc05e","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":3,"crmLevelSwitch":1,"authorIdStr":"3566111551860327","idStr":"3566111551860327"},"htmlText":"?️?✋","listText":"?️?✋","text":"?️?✋","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158771904","repostId":1155333823,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5102862,"gmtCreate":1625229515395,"gmtModify":1663230437029,"authorId":3576534359839665,"author":{"id":3576534359839665,"idStr":"3576534359839665","authorId":3576534359839665,"name":"BinLong","avatar":"https://static.tigerbbs.com/f784382ffd496b8b23ef07047bad2bf8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158771904,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"}],"langContent":"EN"},{"id":158453088,"gmtCreate":1625178200544,"gmtModify":1703737605314,"author":{"id":"3583228949165694","authorId":"3583228949165694","name":"eseah88","avatar":"https://static.tigerbbs.com/8c57e03b082aa1b2ea1c93b9780e1225","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3583228949165694","idStr":"3583228949165694"},"htmlText":"HODL","listText":"HODL","text":"HODL","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/158453088","repostId":1155333823,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":158536910,"gmtCreate":1625154728530,"gmtModify":1703737405533,"author":{"id":"3582681863367126","authorId":"3582681863367126","name":"WildFoE","avatar":"https://static.tigerbbs.com/67af813b31febdb58805e26e317209f2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582681863367126","idStr":"3582681863367126"},"htmlText":"Pls like n comment. Thanks.&nbsp;","listText":"Pls like n comment. Thanks.&nbsp;","text":"Pls like n comment. Thanks.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158536910","repostId":1155333823,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5094454,"gmtCreate":1625154745732,"gmtModify":1663230399829,"authorId":3579757937519576,"author":{"id":3579757937519576,"idStr":"3579757937519576","authorId":3579757937519576,"name":"CafeLatte","avatar":"https://static.tigerbbs.com/9d4c184be7f6d9509a593c26da0303eb","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158536910,"type":1,"supId":0,"prevId":0,"content":"Doge","text":"Doge","html":"Doge"}],"langContent":"EN"},{"id":158229884,"gmtCreate":1625151855748,"gmtModify":1703737314182,"author":{"id":"3579743164156658","authorId":"3579743164156658","name":"sheenayam","avatar":"https://static.tigerbbs.com/fe1b57a8371314fd64ce0840001df6b2","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3579743164156658","idStr":"3579743164156658"},"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158229884","repostId":1155333823,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5094017,"gmtCreate":1625152348665,"gmtModify":1663230398444,"authorId":3567482716620513,"author":{"id":3567482716620513,"idStr":"3567482716620513","authorId":3567482716620513,"name":"Otahman","avatar":"https://static.tigerbbs.com/dbd099972f177a5bb9c4f8a5666b4a77","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.12.13","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158229884,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":158289992,"gmtCreate":1625151138016,"gmtModify":1703737284569,"author":{"id":"3586860879856205","authorId":"3586860879856205","name":"OSKSengKuan","avatar":"https://static.tigerbbs.com/97721afc6a50503709ed00a319e55a36","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3586860879856205","idStr":"3586860879856205"},"htmlText":"Yeah","listText":"Yeah","text":"Yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/158289992","repostId":1155333823,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5095842,"gmtCreate":1625179811861,"gmtModify":1663230403528,"authorId":3570813663502369,"author":{"id":3570813663502369,"idStr":"3570813663502369","authorId":3570813663502369,"name":"eeez","avatar":"https://static.tigerbbs.com/3e4f974ced53f13a2b714d56018e7b43","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":158289992,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":88,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1155333823"}