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Tesla stock reached its first resistance line now, and it’s a very crucial turning point for us here. If TSLA fails to cross this line, the scenario might get risky again, in the end, this is still a decline on the daily chart. On the other hand, what if TSLA surpasses this resistance area? Could this cause a bullish reversal? This is why I’m telling you guys, this is a breakpoint for TSLA, and it seems, it all depends on how it’ll react from here.
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This post was originally published on Smell The Musk
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