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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 1225.34 and 1084.51. If the stock breaks down through support at 1225.34 then it will probably continue lower to 1084.51. The stock will meet resistance at 1794.99 and 2019.36. If the stock breaks up through resistance at 1794.99 then it will probably continue higher to 2019.36. The 200-day moving average is at 660.70. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (73.22).”
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