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In our previous analysis on TSLA stock price I noted it was time to stop being bullish and at least turn neutral. Price has since then pulled back towards $1,000 where we had our target area of $1,000 and $970.
TSLA stock price has already reached our downside pull back target. Price will find support at current levels at the 38% Fibonacci level of the decline. This does not rule out a shallow bounce and a new lower low. Trend is bearish and so far we consider each bounce as a selling opportunity. We continue to prefer to avoid this stock.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.
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