TESLA INC. (NASDAQ:TSLA): Tesla stock could be heading down to $100!? 


 

"Evercore ISI slashes Tesla target by $100 after stock fails at critical level", per CNBC. The news sent the stock tumbling 6% today and is now testing its long-term trendline support at ~$140. A big selloff began last week after the 600-day EMA crossed over the 100-day EMA. There is a weak support at $124.35 before heading down to test the $100 level.

This note contained herein is not and should not be construed as a recommendation to buy or sell.


 

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