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 tumbled 1.33% in the last session, or 3.53 points, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI, while trading within a descending price channel that guided recent short-term trading.
Therefore we expect more losses for the stock, as long as it settles below 273.42, targeting the support of 244.59.
Expected trend for today: Bullish