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April 10, 2023- Next support is currently $7.98 away at $177.08
While on a 5 day downtrend With a marginal improvement upon Thursday's session, Tesla recovered back to $185.06 after dipping down to $179.74, in a session that followed Wednesday's $185.52 close value.
Tesla hit a significant low of $108.1 around 3 months ago, but has since recovered 71.62%.
Chart analysis indicates Tesla is climbing away and is now $7.98 from the $177.08 support line.
Meanwhile, mixed performances were seen by other consumer discretionary stocks as Alibaba added 4.25% to its value, and traded at $102.74. Toyota went down 1.1%, closed at $140.42. Amazon traded at $102.06 after closing Thursday's trading day at $101.1 (up 0.95%).
Upcoming fundamentals: United States EIA Short-Term Energy Outlook is scheduled for tomorrow at 16:00 UTC.
