Tesla

TSLA

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Tesla (TSLA) is below the $886.12 thresold, as it settled at $865.65 on Friday. This price action, including EMA10-EMA20 deadly cross, suggests short sellers are still in control. That will open up the possibility of a near term retest of $821.70 support with another one further down at $757.40. Alternatively, an EMA10-EMA20 golden cross in the daily time frame may favor bulls with nearest resistance at $1,012 and $1,080.

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