Tesla Motors Can’t Clear This Key Technical Hurdle

By | March 26, 2015

Scalper1 News

Going into Thursday, Tesla Motors (TSLA) stock is down more than 4% in March. Once again the luxury electric car maker’s shares ran into resistance at their 50-day moving average line, falling fell 3.7% on the stock market Wednesday following an analyst downgrade. Tesla has been bouncing around mostly below this key technical level since September, indicating uncertainty and a lack of institutional support. Tesla has been in a downtrend since Scalper1 News

Scalper1 News