Tesla vs Cobalt (resource)Interesting. High cost of cobalt (need for batteries in cars) could be a potential maximum for Tesla's stock price.
Low cost of cobalt may hint at a good extry point to invest.
NASDAQ:TSLA
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of Cobalt Futures is 24,300 USD / TNE — it hasn't changed in the past 24 hours. Watch Cobalt Futures price in more detail on the chart.
Track more important stats on the Cobalt Futures chart.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Cobalt Futures this number is 30.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Cobalt Futures shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Cobalt Futures. Today its technical rating is sell, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Cobalt Futures technicals for a more comprehensive analysis.