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Tesla (TSLA) slumped 8.88% after the electric-car maker offered a higher discount of $7,500 on Model 3 and Model Y vehicles in the U.S

Tesla (TSLA) slumped 8.88% after the electric-car maker offered a higher discount of $7,500 on Model 3 and Model Y vehicles in the U.S| FXMAG.COM
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DAILY MARKET NEWSLETTER
December 23, 2022
 
   
 
 
 
Pre-Market Session
News Sentiment
Technical Views
 
 
 
   
 
 
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 1tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 1 Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
 
 
 
 
   
 
 
 
Price MovementAnalyst ViewsTargetPivot
 
Dax (Eurex)14,044.00
+88.00 (+0.63%)
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 2tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 2
13,850.00
14,080.00
 
 
FTSE 100 (ICE Europe)0.00
0.00 (0.00%)
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 4tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 4
7,420.00
7,500.00
 
 
S&P 500 (CME)3,856.00
+6.75 (+0.18%)
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 6tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 6
3,815.00
3,870.00
 
 
Nasdaq 100 (CME)11,066.75
+12.50 (+0.11%)
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 8tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 8
10,950.00
11,185.00
 
 
Dow Jones (CME)33,260.00
+52.00 (+0.16%)
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 10tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 10
32,950.00
33,330.00
 
 
Crude Oil (WTI)78.27
+0.78 (+1.01%)
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 12tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 12
77.60
79.20
 
 
Gold1,794.18
+1.662 (+0.09%)
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 14tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 14
1,803.00
1,783.00
 
 
 
 
   
 
 
 MARKET WRAP 
 
 
 
 
Market Wrap: Stocks, Bonds, Commodities

On Thursday, U.S. stocks tumbled again. The Dow Jones Industrial Average slid 348 points (-1.05%) to 33,027, the S&P 500 fell 55 points (-1.44%) to 3,822, and the Nasdaq 100 slumped 279 points (-2.49%) to 10,956.

Regarding U.S. economic data, third-quarter gross domestic product growth was finalized at an annualized rate of 3.2% on quarter (vs +2.9% in the previous estimate). The latest number of initial jobless claims rose to 216,000 (vs 225,000 expected).

The U.S. 10-year Treasury yield added 2.2 basis points to 3.684%.

Automobiles (-7.81%), semiconductors (-4.6%), and energy (-2.31%) sectors lost the most.

Tesla (TSLA) slumped 8.88% after the electric-car maker offered a higher discount of $7,500 on Model 3 and Model Y vehicles in the U.S.

Micron Technology (MU) fell 3.44%, as the memory-chip maker reported lower-than-expected quarterly earnings and announced plans to cut its workforce by about 10%.

CarMax (KMX) declined 3.66% after the company posted an 86% drop in quarterly profit on weak demand for used cars.

From a technical point of view, 3M (MMM), McDonald's (MCD), Microsoft (MSFT), and Walmart (WMT) crossed under their 50-day moving average.

European stocks also closed lower. The DAX 40 fell 1.30%, the CAC 40 declined 0.95%, and the FTSE 100 was down 0.37%.

U.S. WTI crude futures settled little changed at $78.26 a barrel.

Gold price slid $21 to $1,792 an ounce.

Market Wrap: Forex

The U.S. dollar index held steady at 104.40.

EUR/USD fell 12 pips to 1.0593.

USD/JPY dipped 7 pips to 132.39.

GBP/USD declined 46 pips to 1.2036. U.K. data showed that third-quarter gross domestic product declined 0.3% on quarter (vs -0.2% in the previous estimate, +0.2% in the previous quarter).

AUD/USD dropped 42 pips to 0.6665.

USD/CHF gained 47 pips to 0.9314, and USD/CAD increased 33 pips to 1.3645.

Bitcoin was flat at $16,785.

Morning Trading

In Asian trading hours, USD/JPY climbed to 132.65. This morning, Japan's data showed that consumer prices increased 3.8% on year in November (vs +3.9% expected).

Meanwhile, EUR/USD was broadly flat at 1.0605 and GBP/USD was little changed at 1.2035.

Gold edged up to $1,795.

Bitcoin rose to $16,824.

Expected Today

France's producer prices index is estimated to be up 20.3% on year in November.

In the U.S., durable goods orders are expected to drop 0.5% on month in November, while personal spending and income are both anticipated to grow 0.3%. Also, November new home sales are estimated to be down 5.0% on month and final readings of December Michigan consumer sentiment index is expected at 59.1.
 
 
 
 
 UK MARKET NEWS 
 
 
 
 
Retail, basic resources and insurance shares gained most in London on Wednesday.

From a technical point of view, Ashtead Group (-1.5% to 4725p), Diageo (-0.81% to 3663p) crossed under their 50-day moving average.
 
 
 
 
 ECONOMIC CALENDAR   
 
 
 
TimeEventForecastImportance
 
08:00
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 16tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 16
Building Permits Final (Nov)
1.342M
MEDIUM
 
 
08:30
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 17tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 17
Personal Income MoM (Nov)
0.3%
HIGH
 
 
08:30
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 18tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 18
Personal Spending MoM (Nov)
0.3%
HIGH
 
 
08:30
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 19tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 19
Durable Goods Orders MoM (Nov)
-0.5%
HIGH
 
 
08:30
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 20tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 20
PCE Price Index YoY (Nov)
5.5%
MEDIUM
 
 
08:30
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 21tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 21
PCE Price Index MoM (Nov)
0.2%
MEDIUM
 
 
08:30
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 22tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 22
Durable Goods Orders Ex Transp MoM (Nov)
0.1%
MEDIUM
 
 
10:00
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 23tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 23
Michigan Consumer Sentiment Final (Dec)
59.1
MEDIUM
 
 
10:00
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 24tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 24
New Home Sales MoM (Nov)
-5%
MEDIUM
 
 
10:00
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 25tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 25
New Home Sales (Nov)
610k
MEDIUM
 
 
13:00
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 26tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 26
Baker Hughes Total Rig Count (Dec/23)
 
HIGH
 
 
 
 
   
 
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 27
 
 
 
   
 
 
 NEWS SENTIMENT 
 
 
 
 
BHP Group PLC
2,537.50 GBp
 
 
 
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 28tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 28
 
 
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 29tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 29tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 30tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 30
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 31tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 31tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 32tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 32
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 33tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 33tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 34tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 34
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Uniper SE
2.916 EUR
 
 
 
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 35tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 35
 
 
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 36tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 36tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 37tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 37
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 38tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 38tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 39tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 39
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 40tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 40tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 41tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 41
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Volkswagen AG
145.85 EUR
 
 
 
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 42tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 42
 
 
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 43tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 43tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 44tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 44
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 45tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 45tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 46tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 46
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 47tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 47tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 48tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 48
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deutsche Bank AG
10.636 EUR
 
 
 
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 49tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 49
 
 
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 50tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 50tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 51tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 51
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 52tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 52tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 53tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 53
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 54tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 54tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 55tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 55
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SIG PLC
29.50 GBp
 
 
 
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 56tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 56
 
 
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 57tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 57tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 58tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 58
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 59tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 59tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 60tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 60
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 61tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 61tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 62tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 62
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
BioNTech SE
179.88 USD
 
 
 
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 63tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 63
 
 
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 64tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 64tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 65tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 65
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 66tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 66tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 67tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 67
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 68tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 68tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 69tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 69
 
 
 
 
 
 
 
 
 
 
 
 TECHNICAL VIEWS 
 
 

 
 
EUR/USD Intraday: intraday support around 1.0570.
 
Pivot:
1.0570
 
Our preference:
Long positions above 1.0570 with targets at 1.0635 & 1.0655 in extension.
 
Alternative scenario:
Below 1.0570 look for further downside with 1.0550 & 1.0530 as targets.
 
Comment:
The RSI is mixed to bullish.
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 70tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 70
 
 
 
 
 
 
 

 
 
Euro Stoxx 50 (Eurex)‎ (H3)‎ Intraday: turning down.
 
Pivot:
3850.00
 
Our preference:
Short positions below 3850.00 with targets at 3800.00 & 3760.00 in extension.
 
Alternative scenario:
Above 3850.00 look for further upside with 3895.00 & 3930.00 as targets.
 
Comment:
The RSI is below its neutrality area at 50%
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 71tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 71
 
 
 
 
 
 
 

 
 
Brent (ICE)‎ (G3)‎ Intraday: 79.60 expected.
 
Pivot:
83.00
 
Our preference:
Short positions below 83.00 with targets at 80.65 & 79.60 in extension.
 
Alternative scenario:
Above 83.00 look for further upside with 83.80 & 84.70 as targets.
 
Comment:
As long as the resistance at 83.00 is not surpassed, the risk of the break below 80.65 remains high.
 
tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 72tesla tsla slumped 8 88 after the electric car maker offered a higher discount of 7 500 on model 3 and model y vehicles in the u s grafika numer 72
 
 
 

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