Over the past 1 year, Mr Market has been merciless on popular technology-focus and growth-themed stocks like Tesla in face of the Fed's ferocious rate hikes and inflationary pressures, which has shifted institutional and investors' focus to more defensive-focus and commodity plays.
The 🪄MAGIC question stands: Should you still trade or invest in Tesla?
In today's post, I will share with you my 3 Quick Technical Analysis (TA) evalution matrix on Tesla - namely: "PERFORMANCE", "POWER TREND", and "POWER STRENGTH". These will help traders and investors make informed decisions to trade or invest from a technical perspective. I hope you will find them useful!
Comments
Fyi everyone :)