TESLA IS LOSING VALUE CAUSE OF PORSCHE?

After a strong bull behavior in the first half of 2020, now is starting to get bear as we can see the MACD indicator changing the price with a non-stable William’s Alligator index due to the necessity of a readjustment in the price. As Tesla has become the most valuable automotive Industry, recently Porsche have announced that they will make only Electrical Cars, making the German house a very strong competitor in the Europe field mainly, due to that the price as the exclusivity have fall. Not a financial advice.

Entry zone: 369.15
Stop lose: 388.67
Target zone: 330.74