Tesla (TSLA) Weighs Down the Nasdaq. How Low Can the Stock Go?

Tesla (TSLA) stock has confirmed a breakdown reversal pattern, and dropped towards our first target. We got great follow through today, but Stocks are now getting a bid due to Fed Chair Jerome Powell easing fears. Both Tesla and Apple impact the Nasdaq greatly, and is the reason why the tech index lead the other markets downwards…however we are at a major zone where we could expect to see buyers step in.

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