It’s TOO EARLY to Be Bullish on Tesla

In this edition of StockCharts TV‘s The Final Bar, Dave breaks down an upside follow-through day for the S&P 500 and Nasdaq, and highlights the continued weakness in market breadth indicators. Dave identifies key levels to watch for GLD, FSLR, ENPH, TSLA, AVGO, and BIO. Focusing in on TSLA, Dave points out what we’d need to see to declare a clear bullish trend.

See Dave’s chart of cumulative advance-decline lines here.

This video originally premiered on June 17, 2024. Watch on our dedicated Final Bar page on StockCharts TV!

New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.