Stock Of The Day: Emotions Drive Tesla As EV Maker Finds Resistance At This Level

For example, as you can see on the chart, since July the $266 level has been resistance for Tesla. Read Also: Here Is Why Investors Do Not Like Good Earnings From Microsoft And Meta, Hotter Inflation Data If understood and applied correctly, Technical Analysis is the study of investor and trader psychology. Successful traders understand that emotions make technical analysis patterns appear on charts. Some of these graphical illustrations of emotions and psychology can be seen on the chart of Tesla, Inc. TSL ...