Teetering Tesla

Cars Parked In Front Of Company Building

Image Source: Pexels

Hoo boy. On a day when the S&P 500 and the Dow 30 Industrials reached their highest points in human history, TSLA kept slipping. This does NOT look good for Tesla bulls. I could easily see this down to $170-$180 within days, as crazy as that may sound. I have no position at all, but that Fibonacci could fail with just a sneeze in the bleachers.


More By This Author:

XLU Steals The Show: Seeking Triple-Digit Gains Across The Portfolio
Worst. Investment. Ever.
Lifetime Highs

I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.