Tesla
Long

TSLA is back in its previous channel

Having broken out of the narrow channel that Tesla traded within from May to October 2021, it has now returned to those same pre-established levels. Currently a beak above $950 is needed to get above the top of this channel. The upward slope of this channel should see it approach $1,000 by the end of March 2022. I have also drawn higher resistance levels that the stock has observed during previous break-outs from this channel.
Support and ResistanceteslaTrend LinesTesla Motors (TSLA)

Related publications

Disclaimer