American Stocks Analysis

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 rises amid negative pressures - Analysis - 16-04-2019

Economies.com
2019-04-16 12:56PM UTC

Tesla's stock rose 0.36% amid negative pressure from the 50-day SMA, with negative signals from the RSI, while trading within a descending price channel that guided recent short-term trading. 

 

Therefore we expect the stock to decline, as long as the resistance of 277.67 holds on, targeting the support of 254.46. 

 

Expected trend for today: Bearish 

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