Tesla stock is one of the most talked about and heated stocks across the markets. Many instances that took place lately including Tesla and CEO Elon Musk ended up affecting the Tesla stock price. Broadly TSLA stock price fell since August, roughly about 30%. During the same time period, NASDAQ lost 8%.
Tesla stock price constantly decreases down under selling pressure. Amid lower-highs trend buyers failed to hold asset prices above support trendline. Undoubtedly its intense bearish while price is approaching the 0.382 level of Fib retracement as a support zone. This is the last defending zone of bulls, below this level bears may aim for the $150 mark. Moreover, the RSI is remaining into the oversold zone.
Stock – TradingView
Analysts holding diverse views regarding TSLA stock considering its below 200 USD or its at 50% discount from previous year and even dropped at the levels of 2020.
Dissatisfying Twitter Deal Negatively Impact TSLA Stock
Past several instances had enough po
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