The EV company’s stock has risen by +12.06 this year as it is set to deliver its Q2 report after the bell. Recently, investors were excited about the company’s achievement when it reported that it produced its first Cybertruck after 4 years when it unveiled the prototype. This has seen Tesla’s stock accumulate about +4.25% gains heading into today’s earnings report. An upbeat report and good forward guidance from the board about the future will be the catalyst for its price to continue climbing higher. A view of the price from the Daily time frame indicates the price is slightly out of a wedge which means the $313.59 resistance could be its next stop.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.