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Tesla Teetering Atop A Treacherous Terrain Terrified Of The Trap! Whew...

|Includes: Tesla, Inc. (TSLA)

Tesla is continuing its move lower since the spinning top it made from earnings. 240 support is doing all it can do and the stock may continue to stick to it until the moving averages catch up to it. The RSI is under 50 and may continue its move lower to the 20's where it likes to reverse but the MACD is another story. It has much further to go. Either way, the stock is bearish again. - Tesla ($TSLA) charts (updated 8/11/15)