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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 1794.99 and 1689.00. If the stock breaks down through support at 1794.99 then it will probably continue lower to 1689.00. The stock will meet resistance at 2095.50 and 2243.74. If the stock breaks up through resistance at 2095.50 then it will probably continue higher to 2243.74. The 200-day moving average is at 799.30. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (86.53).”
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