The Nasdaq 100 index is wavering today after rallying by more than 0.80% yesterday. After dropping in the morning session, futures tied to the index have turned positive and are trading at $12,043, which is close to its all-time high of $12,473. At the same time, the fear and greed...
Tesla share price rose after hours as the company announced its Q3 earnings. For the fifth consecutive quarter, Tesla posts a profit, and the bulls have all the right to be excited. Tesla is one of the “darling” companies among retail traders and not only. It outperformed in 2020 despite […]
Tesla shares were 0.7% lower on Monday as the company gets set to release its latest quarterly earnings results. The company will release its latest results on Wednesday after the market close. Analysts are expecting to see earnings per share of $0.55c on sales of $8.3 billion. The stock was […]
Tesla’s share price has had a muted open this Wednesday after it was reported that analysts have scaled down the earnings projections for the next quarter and full-year. As the earnings season approaches, the next quarterly forecast has been downgraded from 57 cents per share to 55 cents per share. […]
Tesla share price trades lower by over 5%, as many view the Battery Day’s announcements as disappointing. After Elon Musk teased the market promising stunning announcements, it turned out that it was just a hype. In fact, a couple of days before the Battery Day, Musk downplayed the excitement, letting […]
Tesla poised to break above $500 as Musk hints at record quarter.
Tesla shares were 20% lower yesterday after the stock failed to achieve a listing on the S&P500. Tech stocks are also reeling from the latest news regarding the Japanese investment firm Softbank. In an article last week I said that Tesla stocks, “could drop another 15-20%”.
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Tesla continues to be sold off after missing S&P 500 listing.
The pair is now threatening to break out from the descending channel as the day’s candle tests the 0.91533 resistance (18 August high). A break above this level confirms the channel break and puts the pair on the path towards 0.92264, with 5/12 March lows at 0.93126 forming an additional […]
