Tesla Earnings: Technicals Reveal Stock Headed Lower, Rally Ended in September

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Tesla Inc Notícia

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Stocks Analysis by Ali Merchant covering: Tesla Inc. Read Ali Merchant's latest article on Investing.com

The company operates through Automotive and Energy Generation and Storage. The Automotive segment includes the design, development, manufacture, sale, and lease of electric vehicles as well as sales of automotive regulatory credits. The Energy Generation and Storage segment is involved in the design, manufacture, installation, sale, and lease of stationary energy storage products and solar energy systems, and sale of solar energy systems incentives.

A volume spike on monthly charts is the beginning point of a rise. See May 2013 & Jan 2020 in the following chart.TSLA has been hovering inside a large symmetrical triangle since November 2021 after recording the highest stock price at 414.50.Decline to 138.80 ended in April 2024Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

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