Tesla has faced recent challenges, with CEO Musk failing to appease investors. However, despite struggling to justify its lofty valuation, Tesla stands out as more than just your typical automaker. It has revolutionized the automobile industry, spearheading the shift towards electric vehicles. A key component of Tesla's competitive edge lies in its pioneering use of AI, a feature yet to be fully adopted by other automakers.
While these fundamental aspects may not directly impact my price action strategy, what intrigues me is identifying a support level that could potentially trigger a reversal towards the upper boundary of the downward channel on the daily chart.
While these fundamental aspects may not directly impact my price action strategy, what intrigues me is identifying a support level that could potentially trigger a reversal towards the upper boundary of the downward channel on the daily chart.