Tesla has been honoring the long term downward trending line on daily/weekly chart.
This is the first time that it has had a close just above the line. If it gets a weekly close tomorrow at 238.50 or higher then this will open doors for higher prices in the coming weeks.
This is the first time that it has had a close just above the line. If it gets a weekly close tomorrow at 238.50 or higher then this will open doors for higher prices in the coming weeks.
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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.