Tesla: ⬇️ Sell
– Tesla broke the support zone
– Likely to fall to support level 260.00
Tesla recently broke the support zone located between the support level 294.00 (former resistance from April and March) and the 50% Fibonacci correction of the upward impulse from April.
The breakout of this support zone accelerated the active minor ABC correction 2 from the end of May.
Tesla can be expected to fall to the next support level 260.00, which is the former resistance from the start of April.
Source: Fxpro