>>> Join us to access robo analyses for over 16,000+ stocks! <<<
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. However, the stock has recently broken through an important trendline at 712.79 suggesting the next support level is at 610.48. This weakness suggests the long-term trend is turning neutral.
The stock has support at 610.48 and 508.18. If the stock breaks down through support at 610.48 then it will probably continue lower to 508.18. The stock will meet resistance at 712.79 and 944.78. If the stock breaks up through resistance at 712.79 then it will probably continue higher to 944.78. The 200-day moving average is at 339.53. This will also act as support. The stock is neutral according to the Stochastic Indicator (52.85).”
>>> Join us to access robo analyses for over 16,000+ stocks! <<<