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TSLA Trying to Hold Above Support

Written By: ChartChamp

October 8, 2024

TSLA is approaching the long awaited 10/10 robotaxi event. The price is trading near the light blue support line around $240.57, and TSLA is trying to hold this support level to remain bullish headed into the robotaxi event. These Tesla events are usually sell the event news so my best guess is a selloff for TSLA. However, if I were to short I would prefer an entry in the white resistance zone between $264.72 and $271.23. So far TSLA already had a rejection within that zone and is struggling to rebound back up.

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