Richard Drury
With Tesla’s, Inc. stock (NASDAQ:TSLA) (NEOE:TSLA:CA) at a critical juncture, it’s time to look at technical signals that suggest challenges ahead. The high volatility of TSAL suggests major indecision around essential price levels, which this article is analyzing. With the most critical changes in the US monetary policy ahead, investors must set up a contingency plan and be prepared for multiple outcomes. In this article, I discuss strategies to navigate both a continuation or an inversion of the downtrend by offering a solid contingency plan and discussing the risks and opportunities on both sides.
A Macro Perspective
While the US financial sector shines as the strongest performer, the technology sector has performed stellarly in the current year. Still, some cracks have come up in the past few weeks, underscoring the sector’s dependence on a few companies’ market value, which could lead to a correction, as the…
