With earnings out of the way and a new clean energy bill signed,
TSLA looks set for the next leg higher. Yesterday, the stock defended its 200EMA and made a push above the post-earnings high of $842. With better-than-feared earnings from
AAPL and
AMZN, the market looks set for higher prices in the coming period. As a result, the coast is now clear for
TSLA to clear $850 and reach the next resistance area around $875. Careful adding on strength, but keep it on your radar for overall sentiment in the growth sector.
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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.