Tesla Stock: Sell Signal After Non-Event (Technical Analysis-Downgrade)

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Tom Lloyd holds an MBA in Accounting from St. John’s University, where he also taught courses on stock market mechanics. Prior to his time as an educator, Tom served as a Wall Street professional, marketing fundamental, quant, and technical research to professional portfolio managers. He is also the author of the book “Successful Stock Signals for Traders and Portfolio Managers.”

Tom leads the investing group Daily Index Beaters where he strives to help his group beat the indexes by sharing a range of reports focused on what smart money and insiders are trading. His Stocks In Demand signal combines both fundamental and technical analysis to help inform both short-term trade and long-term investment ideas. Learn more.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Short position through short-selling of the stock, or purchase of put options or similar derivatives in TSLA over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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