Tesla's stock set for a ‘death cross' on Monday: 3 reasons why it's a risky buy
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Tesla's stock is approaching a bearish 'death cross' technical pattern, signaling potential further price decline. The stock's performance is being influenced by Elon Musk's recent activities and involvement in various high-profile initiatives, creating uncertainty for investors.
April 12, 2025 | 1:30 pm
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The approaching death cross indicates potential further downside for Tesla's stock, with Musk's multifaceted activities adding market uncertainty.
Death cross occurs when 50-day moving average crosses below 200-day moving average, typically signaling bearish momentum. Combined with current market sentiment and Musk's varied engagements, this suggests potential short-term stock price decline.
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