UBS Group (UBS) released its forecasts for Tesla (TSLA) sales in Q2. They are looking for a -9% Year-over-Year sales decline for Tesla (TSLA) but +10% Quarter-over-Quarter sales growth for the second quarter. That sent Tesla (TSLA) shares back towards the highs of the current consolidation range. It has now reversed back below the 186.88 mid-point peak in the consolidation to trigger a double-top short-sale (DTSS) entry using the 186.88 price level as a covering guide.
Short-Sale Set Up - Tesla (TSLA) 6/24/24
Published: | 24 Jun 2024 11:40 ET |
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