>>> Join us to access robo analyses for over 16,000+ stocks! <<<
Tesla Inc (TSLA) “On a long-term technical basis, the stock (TSLA) is trading above its 200-day moving average which generally implies it is in a positive trend.
The stock has support at 968.99 and 869.82. If the stock breaks down through support at 968.99 then it will probably continue lower to 869.82. The stock will meet resistance at 1027.50 and 1087.28. If the stock breaks up through resistance at 1027.50 then it will probably continue higher to 1087.28. The 200-day moving average is at 528.97. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (82.07), and turning down, which suggests a pause or possible pullback, especially if near resistance. Confirm this with the Short-Term and Daily Outlook to keep from exiting prematurely.”
>>> Join us to access robo analyses for over 16,000+ stocks! <<<