Tesla Stock Alert: Bulls Need to Reclaim One Key Area

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The Street

By Bret Kenwell Tesla stock is trying to rally following its sales update out of China. Is it enough to push the stock above a key level? Tesla (TSLA) – Get Tesla Inc. Report stock looked strong last week before a painful one-day drop of 9.2% on Friday changed the stock’s short-term outlook. The bulls looked to extend the stock’s winning streak to four days on Thursday, as shares were up more than 5.5% at one point. However, with the overall market decline pressuring shares, Tesla stock declined 0.9%. The early rally came after the company reported solid sales data out of China, which proved t…

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