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Tesla Inc (TSLA) “On a long-term technical basis, the stock (TSLA) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 553.45 and 481.57. If the stock breaks down through support at 553.45 then it will probably continue lower to 481.57. The stock will meet resistance at 786.19 and 914.29. If the stock breaks up through resistance at 786.19 then it will probably continue higher to 914.29. The 200-day moving average is at 292.28. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (92.36).”
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