$Tesla Motors(TSLA)$ Looking at the chart, the low on June 26th was 368.60, which became a monthly support level that held until 342.86. I'm not saying past performance predicts the future, but yesterday's low of 369.42 is worth noting. As a trader without a strong directional bias, I'd acknowledge that a bearish thesis carries high risk right now from fundamental, technical, and sentiment perspectives. If earnings beat expectations, the technical setup is there and sentiment could push the momentum.
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