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 sharpens decline - Analysis - 25-03-2019

Economies.com
2019-03-25 11:44AM UTC

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 

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