Business

Tesla Stock Charts Show Two Major Levels of Potential Support


Tesla  (TSLA)  inventory is rolling over once more on Monday. At the session low, shares have been down 5.2% and have been hitting new 52-week lows within the course of.

While the remainder of mega-cap tech is holding up okay on the day, the group has been beneath severe selling pressure as of late.

In tech, it looks like solely Tesla and Apple  (AAPL)  are propping issues up, though the latter is flirting with a move lower given the weekend studies of decrease iPhone manufacturing.

As it pertains to Tesla, the inventory reacted poorly to its third-quarter supply outcomes in early October, then reacted poorly to earnings on Oct. 19.

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