Cathie Wood Is Buying Tesla—Should You?

Tesla shares were in a firm downtrend at the start of April, remaining well below their December all-time high. Although the stock has not set a new low in nearly a week, momentum is still weakening and investor confidence appears to be fading. The piece is a technical/positioning update rather than a fundamental catalyst.

Analysis

Tesla shares were in a firm downtrend at the start of April, remaining well below their December all-time high. Although the stock has not set a new low in nearly a week, momentum is still weakening and investor confidence appears to be fading. The piece is a technical/positioning update rather than a fundamental catalyst.