Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Tesla's stock fell 0.16% in the last session, or 0.46 points, while trading within descending price channel that guided recent short-term trading, with negative pressure from the 50-day SMA, countered by positive signals from the RSI.
Therefore we expect more losses for the stock, as long as the resistance of 290.92 holds on, targeting the support of 270.10.
Expected trend for today: Bearish