TESLA INC. (NASDAQ:TSLA): UPDATE: Keep an eye on the 50/100-day EMA


Tesla stock pulled back sharply below its 600-day EMA on Friday, driven by several negative headline news. The stock could bounce off from here but there's no guarantee, as more selling could be ahead if its 100-day EMA crosses over the 50-day EMA. There is a trendline support ~ $210. Another support level is at $207.25, if the trendline support can't hold.

This note contained herein is our opinion and should not be construed as a recommendation to buy or sell. We have no position in TSLA. Click here to view the latest update!



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