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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 implies it is in a positive trend.
The stock has support at 698.30 and 598.77. If the stock breaks down through support at 698.30 then it will probably continue lower to 598.77. The stock will meet resistance at 968.99 and 1090.11. If the stock breaks up through resistance at 968.99 then it will probably continue higher to 1090.11. The 200-day moving average is at 325.71. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (72.24).”
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