Tesla stalling? Tesla
Short Term
We look to Sell at 282.85 (stop at 294.03)
Previous support level of 280.00 broken. Posted a Double Top formation. The bias remains mildly bearish but there is scope for a move in either direction at the open. Further downside is expected although we prefer to sell into rallies close to the 282.00 level.
Our profit targets will be 249.72 and 216.00
Resistance: 280.00 / 313.00 / 383.00
Support: 249.00 / 217.00 / 207.00
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