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- Tesla stock just flashed a sell signal that could spark 14% downside, according to Fairlead Strategies' Katie Stockton.
- "Tesla is the first of the megacaps to challenge support, with a pending breakdown below its 50-day moving average," Stockton said.
- The technical sell signal comes amid more price cuts for Tesla's Model 3, X, and S vehicles.
Tesla stock is on shaky ground after it generated a technical sell signal, according to Fairlead Strategies' founder Katie Stockton.