Tesla shares have broken out of that resistance trendline and have now pulled back to retest that line and the shorter-term 50%. This could potentially mean a bounce is coming, but this is definately a more risky play. If it breaks down that trendline things could go south very quickly. Good Luck!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.