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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 1027.48 and 964.06. If the stock breaks down through support at 1027.48 then it will probably continue lower to 964.06. The stock will meet resistance at 1429.50 and 1541.22. If the stock breaks up through resistance at 1429.50 then it will probably continue higher to 1541.22. The 200-day moving average is at 584.08. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (90.89).”
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