Saturday, July 20, 2019
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Technical Analysis – Tesla rebounds on descending channel

Tesla stock rebounds on descending channel after touching 28-month lows. Tesla’s stock price has been developing within a descending channel over the last five months and during the previous period, it challenged the return line once again. Also, the stock recorded a fresh 28-month low of 197.88. Looking at the short-term momentum indicators, they paint a cautiously positive

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