Tesla falls within descending price channel - Analysis - 20-02-2019
Economies.com
2019-02-20 13:19PM UTC
Tesla's stock returned lower while trading within a descending price channel in the short term, with negative pressure from the 50-day SMA, with a 0.73% loss, amid negative signals from the RSI.
Therefore we expect more losses for the stock, targeting the support of 279.28, as long as the resistance of 324.24 holds on.
Expected trend for today: Bearish
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