Tesla, the baby of Elon Musk, has been getting a lot of hype recently due to the release date of their latest model rapidly approaching. But many analysts are skeptical, after all we are talking of a company that had negative results throughout all its lifetime ($2,997,237 in 2016). It is very clear that stocks will see a significant drop in price, and that time may be now! The double top formation combined with the RSI trend indicate an almost certain drop in value of the stock in the reopening and the exit price is anyone’s guess. GRAPH HERE
