Stocks have started 2016 on a sour note, dropping hard in heavy volume amid weak Chinese manufacturing data. As the market sells off, five tech names are showing some bearish technical action in the stock market today: Amazon (AMZN), Tesla Motors (TSLA),JD.com (JD), Weibo (WB) and Sohu.com (SOHU). All are featured on IBD’s Stocks On The Move list, which takes a look at stocks that are making moves in big volume. Let’s go to the charts. Amazon
Tesla Motors (TSLA) delivered 17,400 Model S and Model X vehicles in the fourth quarter, hitting the lower end of its full-year target of at least 50,000, the luxury electric car marker reported Sunday. Tesla Motors initially expected to ship 55,000 vehicles in 2015, but revised that to 50,000-55,000 in August and then 50,000-52,000 in November. Global Equities Research managing director Trip Chowdhry said last week that Tesla might reach the high
Tesla Motors (TSLA) delivered 17,400 Model S and Model X vehicles in the fourth quarter, hitting the lower end of its full-year target of at least 50,000, the luxury electric car marker reported Sunday. Tesla Motors initially expected to ship 55,000 vehicles in 2015, but revised that to 50,000-55,000 in August and then 50,000-52,000 in November. Global Equities Research managing director Trip Chowdhry said last week that Tesla might reach the high