The recent news coverage of Tesla is negative. What happened in a car show in Shanghai has gone viral on the internet. Chinese folk were disappointed about how Tesla handled the customer complaint. Obviously that damaged its reputation. However, Tesla is still a great company. The recent pullback may give us a good buying opportunity.
On daily chart, it's coming towards a key demand zone with high probability of rebound:
1. Nice demand formation
2. Key fibs
3. Moving averages
4. flip
On daily chart, it's coming towards a key demand zone with high probability of rebound:
1. Nice demand formation
2. Key fibs
3. Moving averages
4. flip
Note
IT's deeply in the zone. Note
Price reacted to the zone. However, due to deteriorated situation in India, stocks are under pressure. The healthcare sector is supposed to attract more funds. 
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plan your trade and trade your plan
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.