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Tesla price breaches upward correctional trend line - Forecast today - 10-07-2025
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Tesla price breaches upward correctional trend line - Forecast today - 10-07-2025
Jul 10, 2025 7:41 AM

Tesla, Inc.s stock price (TSLA) declined in latest intraday trading, under continued negative pressure from trading below the 50-day SMA, with negative signals streaming from the Stochastic despite it reaching oversold levels. The recent drop also resulted in a break below a short-term upward correctional trend line, adding further negative pressure on the stock.

Therefore we expect the stock to decline in upcoming trading, as long as the resistance of $318.45 holds on, targeting the support level of $273.20.

Todays price forecast: Bearish

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