Made a post yesterday on the topic of Tesla's share price direction after earning, below was most of the things said in the post:
"Looking at past pattern base on technical, Tesla has the tendency of going opposite direction from current price action after earning reports. Since Tesla has came down from its recent high of 260s just a month ago (about -17%) thus a high tenancy of the share price heading back up. It's current price is both near the support side of a bullish channel it has been trending since April, it is too supported by the 200 & 150 EMAs."
At pre-market, Tesla is up about 12% hovering around 240, this figure is still 10% lower then its recent height of 260s, expecting the share price to head back towards that, while it need to stay above 263 to to be really bullish again
@Daily_Discussion @MillionaireTiger @TigerStars @CaptainTiger @TigerEvents
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.
- jollyfo·10-25 11:14That's an interesting observationLikeReport
- AuntieAaA·10-25 12:01GoodLikeReport