Tesla Earnings Preview: Elon Musk Up Against the Wall Amid Flurry of Red Flags

This earnings season, all eyes are on Tesla as investors await their report amid a substantial decline in stock price.

On a positive note, many investors and analysts currently perceive more risk than opportunity. Therefore, a surprisingly strong and unexpected quarterly performance could result in significant short-term appreciation.Looking at the charts, we can see that the low, currently serving as potential bearish support, is around the $112 mark.

Conversely, if things turn out better than anticipated, the initial bullish test might occur around the 30-week moving average on the weekly timeframe, situated at $191.(The link directly calculates and applies the discount of an additional 10%. In case the page does not load, you enter the codeSearch for the best stocks based on your expectations, taking into account hundreds of financial metrics and indicators.

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