Tesla's stock value drops below key support levels, causing concern for investors.
TL;DR Summary
Tesla's stock has fallen below another key Fibonacci chart level, dipping into a support zone at January's upside price gap. The stock sank as much as 4.6% to an intraday low of $153.21, before paring some losses to be down 3.4% in afternoon trading. This could put the stock on course to test the next big support zone, which extends below $150.
- Tesla’s stock falls below a key chart level, dipping into a ‘gap’ support zone MarketWatch
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- One Easy Way Elon Musk Could Boost Tesla Stock. He Won't Like It. Barron's
- Here’s Why You Should Invest in Tesla (TSLA) Yahoo Finance
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