Tesla stock price trend for July 2024

 I don't recommend investing in specific stocks or coins.

Investment is an individual investor's decision, so please think carefully before making an investment.

1. I don't operate messenger or Telegram group talk chat.

2. I don't recommend or recommend investment in specific stocks.

3. I don't sell specific indicators for a fee.

4. This post contains personal analysis and thoughts, so I would appreciate it if you could use it as a reference when making investments.

Hi bro

This time I'm going to talk about Tesla stock.

I like Elon Musk very much.

His quirky behavior makes me laugh.

However, it is true that Tesla's software technology is innovative.

It is true that the hardware quality of Tesla cars is poor, but Tesla has shown that cars can run on electricity.

However, there is still a long way to go to catch up with the quality and technology of famous automobile companies such as Toyota and Mercedes-Benz.

The chart below is Tesla's daily candle chart.

Tesla recorded the lowest price for 2024 on April 22nd.

And the V pattern rebounded, showing an 89% increase in 79 working days.

If the upward trend continues during July, it is expected to rise to $290 to $300.

Fed Chairman Powell has spoken of the possibility of cutting interest rates in September.

Today, the US core consumer price index and unemployment claims will likely be the most important factors in lowering interest rates.

Bros who own Tesla stocks should continue to hold them instead of selling them.

Bros who are currently interested in Tesla stock should check what the price is next Monday and consider buying.

The reason is that the quarter price resistance line is too strong and thick.

This is because if it fails to break through the quota price resistance line at $263, it may fall again.

This is my opinion.

I hope that this post will be helpful as a reference for your investment.

I hope to God that today will be a successful investment day.