Magnificent Seven Stocks Performance:
Company Name | 2024 YTD Performance |
---|---|
+12.21% | |
+22.2% | |
-11.87% | |
+46.3% | |
+13.36% | |
+72.36% | |
-28.82% |
It looks like the trends of $Apple(AAPL)$ , $Tesla Motors(TSLA)$, and other individual stocks are opposite.
Especially Tesla has been maintaining an upward trend in the recent trading days
In the news part, $Tesla Motors(TSLA)$ plans robotaxi launch in August, latest move in autonomous driving market.
From the technical part, Seems the $Tesla Motors(TSLA)$ is bottom forming?
Starting to show signs of a short term bottom in recent weeks the RSI & MACD give off bullish divergences as it printed higher lows!
Emotions were being pulled in every direction on that news that turned out to be fake all while price formed a double bottom.
Let's see how the market holds up
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