It’s too early to be optimistic about Tesla

In this editionStock Chart TV‘Sfinal bar, Dave analyzes the gains in 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 on TSLA, Dave points out what you need to look for to declare a clear bullish trend.

See Dave’s cumulative pre-decline chart here.

This video originally premiered on June 17, 2024. Keep watchingour dedicatedfinal barPageOn StockCharts TV!

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