Friday, December 1, 2017

$300 Looks Like an Important Line For Tesla's Stock (TSLA)

When TSLA didn't rebound (much) yesterday we thought it time to take a look at the chart.
This is one of those times the big round number actually does matter, a decisive break below and there's not much support until the stock gets back to the March launching pad, down around $240.

TSLA Tesla, Inc. daily Stock Chart
Up only 0.43% on Thursday, the stock is changing hands at $304.25 down $4.60 (-1.49%) in early premarket trade.