TSLA continues its downtrend as the stock could not rally with the overall market yesterday afternoon. It posted a new yearly low below $630. The longer it stays below $680, the higher the probability we will see a move below $600 in the coming weeks. Watch it for sentiment in growth stocks. A possible breakdown of this stock will directly affect 
ARKK as well. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.