50 day moving average (blue) crossed under 200 day moving average (red) = death cross
Historically they haven't meant much for TSLA, but this one is after a historically unprecedented rally and EV competition is ramping up.
I'm not shorting or selling but I will be on the lookout for a buying opportunity at a fraction of the current price within the next year or so.
Historically they haven't meant much for TSLA, but this one is after a historically unprecedented rally and EV competition is ramping up.
I'm not shorting or selling but I will be on the lookout for a buying opportunity at a fraction of the current price within the next year or so.
Comment:
must have been a bullish death cross