TSLA Catching Notable Support
After persistent rejections at the 21 day EMA, Tesla (TSLA) is back at the 100 day MA support around 657.31. Even if TSLA saw incredible flows, their cash burn on the aggressive (global) expansion is going to be hindered by tighter monetary conditions going forward. TSLA's bonds are incredibly important to it's viability/growth strategy, so we need to see a massive win for TSLA in the near future in terms of actual revenues/flows, or we could be heading back to the 500 level very soon...
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