In this analysis, we will show you why you need to sell Tesla´s stocks.
Following the behaviour of the stock, we can notice that it evolves following curved lines.
During the last 2 months, the price dropped to make a support at 632 but it is now consolidating which leads us to a support at 782.
With the curve trend between June and August, and the trend line following the maximum reached at each period, we expect that the price first will rise to 950 then will go down to 782 until the end of the month and then rebound to reach the trendline around 1036
Following the behaviour of the stock, we can notice that it evolves following curved lines.
During the last 2 months, the price dropped to make a support at 632 but it is now consolidating which leads us to a support at 782.
With the curve trend between June and August, and the trend line following the maximum reached at each period, we expect that the price first will rise to 950 then will go down to 782 until the end of the month and then rebound to reach the trendline around 1036
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