Tesla exposed to negative pressure - Analysis - 14-12-2021

Tesla's stock (TSLA) fell 4.98% in the last session amid the dominance of the downward correctional short-term wave, trespassing the support of the 50-day SMA and doubling negative pressure, settling thereafter at 966.41, with negative signals from the RSI, amid the dominance of the main upward trend in the medium term. 

Therefore we expect more losses for the stock, targeting the pivotal support of 880.00, provided it settles below 986.00.

Expected trend for today: Bearish