By diving into the #Tesla stock chart, we can observe that the price has reached a critical supply zone. The pattern emerging on the chart suggests that a significant downturn in Tesla's stock could be imminent. However, keep an eye on the crucial resistance at $199—if the price breaks and holds above this level, it would invalidate this bearish outlook. Should the decline unfold as expected, we are looking at potential targets of $168, $139, and $119. Stay tuned for updates as the situation evolves!

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CFDChart PatternsDXYForexforexsignalsforextradingTechnical IndicatorsStocksteslaTrend AnalysisTesla Motors (TSLA)XAUUSD

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