Tesla (TSLA) Price Near $826.03; Pin Bar Pattern Appearing on Chart, 2 Day Up Streak Snapped, in an Uptrend Over Past 14 Days
Or to view things another way, note that out of the past 10 days tesla inc’s price has gone up 8 them.
(Last Updated January 12, 2021)
Hello! This is the news page for Tesla Inc. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
On TSLA, there is currently an uptrend on the 90, 30 and 14 day timeframes.
The moving averages on TSLA indicate a trend that is clearly bullish.
The chart below illustrates.
Or to view things another way, note that out of the past 10 days tesla inc’s price has gone up 8 them.
This move happened on lower volume, as yesterday’s volume was down 23.49% from the day before — and down 8.23% from the same day the week before.
The price move occurred on stronger volume; specifically, yesterday’s volume was up 9.98% from the day prior, and up 52.3% from the same day the week before.
This move happened on lower volume, as yesterday’s volume was down 39.09% from the day before — and down 8.21% from the same day the week before.
This move happened on lower volume, as yesterday’s volume was down 5.03% from the day before — and down 9.08% from the same day the week before.
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.
Back in october, the company filed a petition in a federal court for the cancellation of 89 million shares of its common stock.
Will continue to add to my holdings with tesla buying during dips and bi weekly.
For additional context, note that price has gone down 6 out of the past 10 days.
But they don’t have the infrastructure to build cars to compete with the likes of $tsla.