According to the News, the Tesla Model Y was the best selling vehicle overall in California in 2022, surpassing the Toyota Camry. Tesla has also moved up to #2 in brand popularity. 1 out of every 10 vehicles sold in CA is now a Tesla. Model 3 was the 2nd best selling vehicle in CA.
Chart: TSLA daily
Chart: TSLA longer time frame
Everyone hated Tesla while TSLA was at $100, and Now everyone loves Tesla at $200. And we also should be aware that TSLA is already up over 86.2% YTD.
From tech side of analysis, 200ish is a huge level for TSLA. In this scenario, the trend will remain bullish , and it’ll seek higher levels, until a clear reversal sign coming out. The next level will be somewhere around 200 EMA which is 227ish.
Even if you are a TSLA lover, you still need to be cautious and be aware of the risk. And this $20 range trade will not be easy. And this is exactly why you should NOT TO DO when you trade or invest.
Please feel free to express your ideas and thoughts in the comment section.
Everyone hated Tesla while TSLA was at $100, and Now everyone loves Tesla at $200. And we also should be aware that TSLA is already up over 86.2% YTD.
From tech side of analysis, 200ish is a huge level for TSLA. In this scenario, the trend will remain bullish , and it’ll seek higher levels, until a clear reversal sign coming out. The next level will be somewhere around 200 EMA which is 227ish.
Even if you are a TSLA lover, you still need to be cautious and be aware of the risk. And this $20 range trade will not be easy. And this is exactly why you should NOT TO DO when you trade or invest.
Please feel free to express your ideas and thoughts in the comment section.
