news 
Title: Tesla Stock Price Reaches ‘Death Cross’ Status
Tesla’s stock price has been a rollercoaster ride since the start of the year, and it looks like things are taking a turn for the worse. The company’s index has flashed the dreaded “death cross” signal, which is not exactly what I’d call a silver bullet to send its value soaring higher.
The death cross is a market phenomenon that occurs when the 50-day simple moving average falls below the 200-day simple moving average. This is usually seen as a bearish sign for investors and a clear indication of an impending downturn in Tesla’s stock price. So, if you’re one of those who have been riding the Elon Musk train to success, now might be a good time to start rethinking your investment strategy.
The fact that this event has occurred so early in the year does not exactly bode well for shareholders. This kind of bearish signal usually indicates a major correction or even a potential crash is on the horizon.
Source: https://gizmodo.com/tesla-stock-price-reaches-death-cross-status-2000589799
