Can Tesla Q2 Earnings Spark A Golden Cross? Here's What The Charts Indicate
Portfolio Pulse from Surbhi Jain
Tesla Inc (NASDAQ:TSLA) is expected to report Q2 earnings of 60 cents per share and $24.2 billion in revenues on July 23. The stock has mixed technical signals but shows potential for a Golden Cross, which could be a bullish indicator. Analysts have a Neutral rating with a price target of $191.89, but recent ratings suggest a 5.19% upside.
July 22, 2024 | 12:56 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Tesla is expected to report Q2 earnings of 60 cents per share and $24.2 billion in revenues. The stock shows mixed technical signals but has potential for a Golden Cross, a bullish indicator. Analysts have a Neutral rating with a price target of $191.89, but recent ratings suggest a 5.19% upside.
The potential for a Golden Cross, combined with a Q2 earnings beat, could drive bullish momentum in Tesla's stock. Despite mixed technical signals, the overall outlook is cautiously optimistic. Analysts' recent ratings suggest a slight upside.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100