TESLA Price Technical Analysis: Weekly Chart
- In the weekly charts ,Tesla is trading in a downward channel.
- Tesla is near its crucial support of 20-days SMA. If it breaks this support, it will possibly test the 50-days SMA level.
- Tesla, will follow a downtrend in the coming weeks.
- Tesla’s crucial support level is at 791.59 which is near 20 days SMA as of now. There are no signs of a bullish trend.
- Bears have their tight grip on Tesla.
TRADE SIGNAL-TESLA SELL: 905.20, TARGET:-855.20, STOP LOSS:- 930.20.