Tesla Motors Inc TSLA shares are trading lower by $5.00 (2.7 percent) at $198.56 in Thursday's session. Its announcement that all its vehicles will now have self-driving capacity has attracted more sellers than buyers.
After a lower open, it could only rally another $0.08 to $202.20 before resuming its move lower.
The ensuing decline breached Wednesday's low ($198.06), reaching $197.05, but has now rebounded above that level.
If the decline continues, there may be limited support in the issue until Tuesday's low of $193.26. Monday's low comes in just under that low at $192.00.
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