Chris Remington@beehaw.orgM to

Technology@beehaw.org · 8 days ago

Tesla Stock Price Reaches 'Death Cross' Status

cross-posted to:
technology@lemmy.world

50

Tesla Stock Price Reaches 'Death Cross' Status

Chris Remington@beehaw.orgM to

Technology@beehaw.org · 8 days ago

cross-posted to:
technology@lemmy.world

Fitting for a CEO who loves to play martyr.

Chat

audaxdreik@pawb.social
link
fedilink
English
arrow-up
21·
8 days ago
Second paragraph?

Tesla is just the latest to see the symbol of bearishness, which occurs when a company’s 50-day moving average crosses and drops below the 200-day average.

As an example,

https://assets.finbold.com/uploads/2024/06/What-is-a-death-cross--1024x631.jpg

Technology@beehaw.org

technology@beehaw.org

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@beehaw.org

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

285 users / day
1K users / week
3.18K users / month
7.59K users / 6 months
1 local subscriber
38.6K subscribers
3.17K Posts
52.1K Comments
Modlog