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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 387.65 and 361.43. If the stock breaks down through support at 387.65 then it will probably continue lower to 361.43. The stock will meet resistance at 461.94 and 502.49. If the stock breaks up through resistance at 461.94 then it will probably continue higher to 502.49. The 200-day moving average is at 217.91. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (65.50).”
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