Mar 4, 05:18 PM

Tesla ($TSLA) Stock Hits 4-Month Low Amid Long-Term Downtrend and Bear Flag Formation in Descending Channel

Tesla ($TSLA) stock has been facing significant declines, with premarket drops and a downward trend. The stock failed to break above the $200 level convincingly, forming a bear flag. Shares fell as much as 7% amid a long-term downtrend, hitting a 4-month low and dropping below $190. The stock is now trading in a descending channel, breaking below the 20-day moving average.

#Tesla

Written with ChatGPT (GPT-3).

Sources

zerohedge@zerohedge
2 years ago
*APPLE SLIDES 2.2% PREMARKET TO SESSION LOW
CN Wire@Sino_Market
2 years ago
Tesla shares were down 1.8% pre-market after the area around the German factory was shut down following the fire. $TSLA https://t.co/gwIufohTBd
Markets & Mayhem 🤖@Mayhem4Markets
2 years ago
$TSLA continues to trade in a descending channel, now breaking below the 20-day moving average This is a pretty classic downtrend ... just need a new lower lower next https://t.co/SbKEdTXDWh

Additional media

Image #1 for story tesla-tsla-stock-hits-4-month-low-amid-long-term-downtrend

Tesla ($TSLA) Stock Hits 4-Month Low Amid Long-Term Downtrend and Bear Flag Formation in Descending Channel

Sources

Additional media

Similar Stories