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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 1366.54 and 1274.07. If the stock breaks down through support at 1366.54 then it will probably continue lower to 1274.07. The stock will meet resistance at 1689.00 and 1794.99. If the stock breaks up through resistance at 1689.00 then it will probably continue higher to 1794.99. The 200-day moving average is at 728.14. This will also act as support. The stock is slightly oversold according to the Stochastic Indicator (33.02).”
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