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Sunday, April 6, 2025
Nasdaq "Tesla Inc" Trading View & Signal DATE: 06-04-2025
Jai Shri Ram!
http://www.fxlive.in/
Nasdaq "Tesla Inc" Trading View & Signal: after "Trump" victory, we had seen very good rally in "Elon Musk's" Tesla share ((more then 100% rise))
My Question is: Is Tesla deserve this kind of rally Or is this genuine rally ???
I don't think so because it was trap, most of investors bought "Tesla" stock on higher price and higher valuation.
If we see fundamentally "BYD" giving him tough competition and "BYD" better than "Tesla",
as per current technical $295 is good trend-line resistance zone if market break and strong holding above $295 level then we can see next rally up to $340 but I don't think so it can rise. as per my point of view, sell on every rise and look for $180 and $140.
Regards
The Market thinker
MCX Commodity + NSE Equity and Forex Market
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