Connect with us

Hi, what are you looking for?

Investing

Tesla’s stock is the most overbought in nearly 2 years

Tesla Inc.’s stock chart suggests that bulls may be running out of breath after a record-long win streak, which could spell trouble for the stock in the near term.

The electric vehicle giant’s stock TSLA broke its previous win-streak record on Monday, then stretched it to 13 straight sessions on Tuesday. On Wednesday, the stock was in danger of snapping that streak, as it slipped 0.7% in afternoon trading.

The…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

Videos

Watch full video on YouTube

News

This week’s Fed meeting is extraordinary, and it could shock investors in a way we haven’t seen since 2008. So, I’m doing the weekly...

News

This article was written by Follow Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure, and commodities. He...