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发帖数: 1932 | 1 Tesla: Beware Of A Dead Cat Bounce
Tesla’s shares have fallen over $30 or 10% in March to $289 since Elon Musk
announced a $35,000 Model 3 version and that it would be closing almost all
of its stores (which is now planned to be between 30% to 50% of them). The
stock is down over $87 or 23% from their recent high of $376.79 on December
13 last year. It settled around $276 for three days last week before it
moved higher to almost $291 on Monday before dropping over $7 on Tuesday to
$283 but has bounced back up by around $6 today to around $289.
The chart below shows that the stock has topped out around $380 four times
since June 2017 with a low-end of a range near $250. However, since mid-
December when it last failed to break through the resistance level, it has
been making a series of lower highs and lower lows, which is not positive
price action.
It has had some timeframes when it has moved higher for a few days but has
resumed moving lower. The tide may turn positive when Musk announces the
Model Y tomorrow, but be aware of any upturn being a dead cat bounce. |
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