Today’s instrument is the Tesla Inc. stock traded on the NASDAQ exchange under the ticker TSLA.

Looking at the TSLA chart, we can see that after the announcement of its quarterly results on the 19th of October, it started its downtrend toward the current level of around $204.10. Because Musk is under the scrutiny of the US government, we could expect today a further decline in the price of Tesla towards the psychological support level of around $200.

Chart

This article was originally published by Fxstreet.com.Read the original article here.

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