Tesla is set to continue cruising upward despite strong sell indicators arising and constantly failing. Tesla is defying the odds in this hot market and with news of the $7500 tax credit for owning a Tesla automobile, the stock will only further rise. Fundamentals can impact trading to a point where the technicals are useless. The debt ceiling deal bull run is also in effect and should be simmering down this week.
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.