Tesla Bouncearea pulling back from alltime high
After passing the alltime high most likely a massive pullback will occure due to the overheated stockmarket and the overheated Tesla in specific. Since Tesla is having a high volatile background I assume that this will remain in the short time future as well.
Due to the fact that Tesla is a favorite of the people due to the Trump election and due to the fact that it is a car producer with a high capability of producing and adopting software it will be favored by a lot of people. Therefore there will be always investors jumping in fast if prices will fall. That is way I assume short bounce back arriving at a main resitance zone.
Due to the fact that Tesla is a favorite of the people due to the Trump election and due to the fact that it is a car producer with a high capability of producing and adopting software it will be favored by a lot of people. Therefore there will be always investors jumping in fast if prices will fall. That is way I assume short bounce back arriving at a main resitance zone.
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