TSLA HEADING TO $276It's clear that TSLA has broken the $260 and $262 support levels. It's currently pulling back around the $262 area, aiming for a target near $276.Longby Novustrader6790
Scissors only, no crayons.I am an idiot, but it looks like these two shapes are painting the same picture. Please ignore this completely.Shortby Kmutch995
$TSLA #SupaHead n Shoulders #5Head 300+ Soon?!At heart I am a technical trader, now "Head N Shoulders" is legitimate bottom pattern, but NASDAQ:TSLA appears to be adding another "layer" to the pattern potentially... I wouldn't think of shorting this... With all this momentum post earnings , 300+ can be done sooner than you'd think. I prefer long dated calls to get the most out of this "Base" , can play short dates on DIPS ie; BTFDs - Proph Don't all in this , but some SERIOUS JUICE maybe instore for next week as well, personally I think it BUSTS OUT post election, maybe some frontrunners/insiders already know the results... #ThotsLongby Prophecies_R_Us227
$TSLA Going to $500+ Bought the NASDAQ:TSLA dip on Friday at the close. CB is $210.65. $500 initial TP, but I think she could run much higher. Weekly RSI bouncing off EQ. MIL:1K TP2 Longby drcrypto14Updated 5
Top 5 Weekly Trade Ideas #3 - TSLA Major Trend RetestTSLA had a huge run up after finally breaking above its downtrend it has been in since 2021 heading into a big event. The event ended up being a sell the news event and TSLA erased most of that rally instantly. However, it is holding up above the trendline after a near perfect retest. If it can hold I'd be targeting the trendline above and then ATH. If it breaks below this trendline here I would avoid longs and potentially look for shorts. Pretty critical spot here for the medium-long term. Very bearish if it can't hold IMO and very bullish if it does hold and continue the rally after a brief pause.Longby AdvancedPlaysUpdated 113
Analyzing Tesla's Meteoric Rise: A 22% Surge and Musk's OptimistTesla's stock experienced a dramatic surge of 22% on Thursday, marking its most significant single-day gain in over a decade. This extraordinary performance was fueled by a better-than-anticipated earnings report and CEO Elon Musk's bullish projections for the company's future growth. The electric vehicle (EV) giant's third-quarter profit margins were bolstered by a substantial $739 million in revenue generated from environmental regulatory credits. This unexpected windfall contributed to the company's overall financial performance and further fueled investor optimism. However, the primary catalyst behind Tesla's stock surge was Musk's optimistic outlook for 2025. The Tesla CEO expressed his belief that the company's vehicle growth could reach an impressive 20% to 30% next year, surpassing the 15% growth rate anticipated by analysts. This bold prediction ignited investor enthusiasm and sent Tesla's stock soaring. The impact of Tesla's stock surge was not limited to the company's market valuation. Elon Musk's wealth also experienced a significant boost, increasing Tesla's Meteoric Rise: A 22% Surge and Musk's Optimistic Outlook by approximately $26 billion. As a result, Musk's net worth now stands at nearly $270 billion, solidifying his position as one of the world's wealthiest individuals. Tesla's remarkable performance on Thursday can be attributed to several key factors: • Strong Earnings Report: The company's better-than-expected earnings report demonstrated its ability to deliver solid financial results, even amidst challenging market conditions. • Regulatory Credit Revenue: The unexpected revenue from environmental regulatory credits provided a significant boost to the company's bottom line. • Musk's Optimistic Outlook: Elon Musk's bullish projections for 2025 growth instilled confidence in investors and fueled expectations for continued strong performance. • Investor Sentiment: Positive investor sentiment surrounding Tesla's innovative technology, strong brand reputation, and growing market share contributed to the stock's surge. • While Tesla's recent performance has been impressive, it is important to note that the company still faces several challenges. These include intensifying competition from other EV manufacturers, supply chain disruptions, and potential economic headwinds. Additionally, Tesla's reliance on regulatory credits for revenue could diminish as stricter emissions regulations are implemented. Despite these challenges, Tesla remains a dominant force in the EV industry. The company's technological advancements, strong brand loyalty, and expanding global presence position it well to capitalize on the growing demand for electric vehicles. As Tesla continues to innovate and execute on its ambitious growth plans, it is likely to remain a key player in the automotive industry for years to come. In conclusion, Tesla's 22% stock surge on Thursday was a testament to the company's strong financial performance, Elon Musk's optimistic outlook, and positive investor sentiment. While challenges remain, Tesla's innovative spirit and strong market position make it a compelling investment opportunity for those willing to embrace the risks associated with the EV industry. Longby bryandowningqln0
TESLA WEEKLY BREAKING BEARISH TRENDLINE $301 TARGETAfter breaking trendline and showing on the 15 minute a healthy pull back to support. I can see TESLA going to a possible major resistance of $301. My $256 downtrace was made this morning to go higher. Longby soymundo210
TSLA CHART ART BECAUSE IF YOU DON'T CELLE EARLY THEN WHY GO BIG?I'm honestly so bullish on trends for DOGE and TSLA and spaceX, which has seemingly allowed amazon to stabilize in a way that I could even see use with APPLE, AMD, even MSFT. Free X with purchase of a DOGE? haha don't count out AR and MOOOVIES or marbles, I mean marballs or ya know super stuff. Say I'm not consistent with DOGE coin and TSLA and I'll call bullshit any day of the week, bet on that. I do literally vow that a doge will keep the markets free fair and X rated for FREE speech, and then charge the F out of those that can pay. Like logically thinking if DOGE was a high price and say, another assets class like BTC or ETH, was crashing to a low, ya know, sell your DOGE coin for 420 and maybe even higher like $12000. Advertising is cheap compared to that, DM warren Buffet and ask how much money coke spends on advertising, I think cola X could maybe genetically modify sugar for taste but safety given such a huge discount on advertising, there is a lot of money to drop into education and rail and shipping and so many more. the future is AMAZING X in a big forest of DOGE. If say Cola and other companies bought DOGE for 12k per coin, could the price go higher? 42,069. Zero because a good idea is a good idea even if you have no idea who a person is but believe in an outcome that seems inevitable, likely, ironic and literal? OH MAN if DOGE WENT THAT HIGH and big companies bought the dip and you sold at a really high price, you maybe could ask, should I look at other coins like BTC and ETH that project bearish all the sudden, or maybe you like time in over timing a market and you say, DOGE is long term. Bumpy, maybe at times, but lasting. Like millions of years maybe. Time works slightly different in space. Send a coin up to space like 5 years ago and it could return 12 years later having seen "X" years pass on, like does that count as time travel? What even is time travel but letting an investment grow in space for a long time when maybe only a short time passes on earth or do I reverse that thought. Oh well, I'm just a dumb insect creature named crazy guy 42069 twitterdogeX and believe that if the charts say it's possible, it can all the sudden be possible. I wish for exactly what I deserve. The best wish. I fee from fines, in the words or Mark, fuck it. You should know what I know, which is nothing other than a long term opinion, and an objective look at why doesn't someone get in more trouble for saying things on TWitter about DOGE price and Tsla price and taking a company private. Like are they giving you a 5 year warning of intention saying that if you think critically and occasionally call a short sell dumb, and seeing that price isn't out of reality at 420.69 for either asset. Doge obviously more explosive, and rightfully so, EVEN Bezos probably likes Dogs, and value can definitely be there with Amazon, and continue to fund projects like massive clocks and space venture, space is so big you can have multiple companies do things in different directions. Russia and Venus seems worth exploring and SpaceX is going to mars, and China like the moon, Blue origin maybe takes us to pluto with your long term thinking. Bet you can't get there before Elon colonizes a new planet, call it MarsX. Idk X is a letter that could just attach so many places and fit microtransactions that aren't stupidly overpriced or just ya know buy low sell high if that is your thing. Me, I'm thinking I like DOGE coin so much, might see what else it can be used for once it rolls out. You can view a lot of my doge tinfoil hat stuff right here on tradingview where it all has been just sitting waiting for a curious person to ask questions. by nicktussing77111
Tesla bull momentum Q3Relative volume 2.9/D Want to see that we are below the closing price to go long and fill the pre-market gap. First 260.3 tp is thereafter 50% of holdings must be checked daily with trailing stop I believe in a strong bull race after the positive q3 report and a lot of buzz around bull analyses. To have approved pos long, we must be bearish pre-market with a RR above 1:2 Today's date: 10/25/2024 Will update when USA opens with potential entryLongby OssianHUpdated 114
Tesla weeklyWeekly chart. Indicator that shows the Drawdown on the stock. The orange line represents the 200 period simple average Indicator author @julien_eche Make your opinion, before placing an order. ► Thank you for boosting, commenting, subscribing!Longby DL_INVEST111
Tesla boosts margins and surprises with strong quarterShares of Tesla (Ticker AT: TSLA.US) surged more than 11% following the release of its third-quarter results, which beat investor expectations. The company highlighted by breaking its streak of four consecutive quarters of missing earnings per share (EPS) estimates, driven by a significant improvement in its margins. During the earnings call, CEO Elon Musk highlighted the achievement of a record quarter, attributing the growth to lower manufacturing costs and Cybertruck achieving a positive gross margin for the first time. In addition, Tesla boosted revenue thanks to the sale of regulatory credits and rapid growth in its energy storage business. Technical: After a bearish month retreating -19.22% from its value at $265.11 to $212.16 on the 23rd, yesterday's trading generated a bullish gap up candle that has recovered its price to $260.48. The stock is at the high end of a long term bearish range, we will see if the company pierces $278.00 to show that the company's management is really taking market leadership. The control point of the price bell of the company is clearly located around $253. The average crosses show us that the 50 average has used the 200 average as support to generate the candlestick represented yesterday, we will see if this movement develops in an expansive way. The RSI shows an advance of the stock to an overbought level of 64.90%, so this price evolution could extend for a while. Positive outlook for the future Musk reaffirmed that the company will launch more affordable models in the first half of 2025 and expects overall production to grow by 20% to 30% next year. In addition, Tesla plans to accelerate Cybertruck production in 2026, while autonomous driving technology (FSD) will surpass human safety levels by the second quarter of 2025. Ride-hailing service is also expected to be available in Texas and California next year. Despite the enthusiasm of many analysts, some such as Bill Maurer warn that Tesla's high valuation remains a concern, along with increasing competition in the electric vehicle and robotaxi market. Other market events: • Boeing faces cash flow problems due to strikes. • Amazon introduces fuel discounts for Prime members. • Asian market showed mixed performance while US futures point to a positive S&P 500. Ion Jauregui - ActivTrades Analyst Longby ActivTrades115
BULLISH ON TESLA?Tesla is showing on the weekly timeframe it is properly touching the Bearish trendline. Tomorrow will define if it breaks the trendline or reverse. I am bullish currently with Tesla going up to $301 but only if during the 1 min timeframe it indicate it is going up to the previous day high. If it shows any sign of retracement at trendline, I have expectations to drop to the previous pivot around $216 before attempting another run. Question is, are the buyers exhausting for tomorrow? by soymundo211
Will TSLA "sell the rip and buy the dip"? TA for Oct.25, 2025Technical Analysis Resistance Levels: $264.87: This is the high from the most recent surge, which may act as a strong resistance level if the stock continues its upward momentum. $262.10: Also a recent high that was tested and might serve as short-term resistance, especially given the quick rally. Support Levels: $249.89: This is a significant level based on past consolidation, which can act as a support if the stock retraces. $230.17 and $223.80: These represent deeper supports from prior levels of accumulation, especially during the run-up. If a pullback occurs, these levels could provide bounce points. Price Action: TSLA had a notable gap up with strong buying volume, as shown by the large green candles and rising volume bars. The MACD is positive, but it shows a slight slowing in momentum. Given the stock’s recent run, traders might start taking profits, leading to short-term pullbacks. Volume: Volume spiked significantly during the price increase, which is typical in earnings-related rallies. However, such moves can be unsustainable in the short term, and without continued buying pressure, we may see a temporary reversal or sideways consolidation. Trader Psychology FOMO (Fear of Missing Out): Given the massive rally post-earnings, many retail traders who didn’t participate earlier may rush in at higher prices, hoping for a continuation. This could create choppy price action as traders buying at the top get nervous and start exiting if the stock doesn’t immediately keep rising. Profit-Taking: Institutional traders or large investors may be inclined to lock in gains after such a strong move. This could lead to short-term sell pressure. If tomorrow opens with a gap down, it might trigger additional selling as traders seek to protect their profits from the recent rally. Overconfidence: After such a sharp rally, some traders may overestimate the stock's ability to keep climbing, possibly buying at resistance levels without considering the broader market conditions. This creates the risk of buying exhaustion, leading to pullbacks. Tomorrow's Outlook Bullish Case: If TSLA breaks above $264.87 with strong volume, it could test higher levels, with potential to run into the $270 range. This scenario would likely require continuation of the buying momentum from today. Bearish Case: If TSLA fails to break resistance at $262.10 or $264.87, it may pull back to the $249.89 support level. Profit-taking could lead to a deeper correction down to $230 if the selling intensifies. Disclaimer This analysis is for educational purposes and should not be considered financial advice. Always conduct your own research and consult with a professional before making any trading decisions. Trading carries risk, and you should be aware of the potential for loss.by BullBearInsights5
Tesla why $303 is a price with high probabilityTESLA - I can bore you with many lines of text, and assert why Tesla will pop super hard, Up, from hear to earnings and after. But I can convey to you the same level of urgency, with more granularity, with the attached Image of the chart.... The fundamentals are incredible, strong, powerful. Elon backing Trump has secured for free, massive advertising for the brand at a global level. The popularity of Tesla, Elon, Spacex, and Trump, are going through the roof. This is value added to the Tesla shares that is not part of GAAP. This value does translate into sales, have no doubt.Longby imcnf5c4ffUpdated 7
TESLA BREAKING UP!!!! Se you all at $260'sWe have flipped a key resistance level. Long and strong now! Patience pays Longby ZelfTradeUpdated 2212
Tesla Net Income IncreaseTesla’s third-quarter net income rose 17.3% as electric vehicle sales increased for the first time this year. The company reported a $2.17 billion profit, up from $1.85 billion in the same period of 2023. Despite price cuts and low-interest financing, it was Tesla’s first profit increase in 2024. Revenue rose 7.8% to $25.18 billion, but missed Wall Street's estimate of $25.47 billion. Tesla earned 72 cents per share, beating the 59 cents expected by analysts. Given the strong earnings growth and improving sales, Tesla’s stock price has potential for further increase, possibly reaching its previous high. This is not a financial advice.Longby Charts_M7MUpdated 4414
TSLA Elliott-Wave UpdateIf Price breakes out of the blue line, Im very bullish on Tesla. The (a-b-c-d-e) scenario remains possible if the blue line proves to be a strong resistance. But sentiment currently favors the bullish scenario. Longby PF_Analysis224
TSLA Short IdeaHuge explosion for TSLA on the triangle retest right before earnings. All the way back up to a previous double top/trendline resistance. If it continues moving higher I would look for puts around the trendline above. I'd say a good stop would be around the 170-175 area.Shortby AdvancedPlays117
TESLA Have today's upbeat earnings erased the Robotaxi disaster?Tesla (TSLA) reported yesterday third-quarter results that beat Wall Street estimates and said it expects to achieve "slight" growth in deliveries this year. This was enough to send the price in an after-market frenzy and so far in-session rising almost by +20%. In fact, Tesla's market cap has increased by $126B today, the largest single day jump ever! Those earnings may prove to be pivotal for the automaker as they come just a few days after the Robotaxi event, which the market considered disappointing. So can those earnings result be enough to reverse Tesla's fortunes, which has been massively underperforming relative to (particularly) the rest of the Magnificent 7? Well this can be answered through a technical perspective, with a chart that we published more than 2 months ago (August 15, see chart below): That was Tesla's Channel Up since the January 06 2023 market bottom on the 1W time-frame, where we caught a buy just after the August 2024 Low. We projected that to be halfway through the new long-term Bullish Leg of the Channel. The recent October correction can be viewed as the April 24 2023 2nd wave of the mid-term pull-back of the Bullish Leg. On the current analysis we view the same pattern but on the 1D time-frame, where the 1D MACD in particular excels at illustrating the identical nature of the two Bullish Legs price actions. Right now the MACD is forming the 2nd clean Bullish Cross under the Lower Highs belt, a formation which on May 04 2023 turned out to be the confirmation that started the 2nd phase of the Bullish Leg that completed a +195% rise from the January 2023 bottom. As a result, not only do we expect the stock to reach Resistance 1 (299.50), which is the July 19 2023 High before the year ends but also test Resistance 2 (385.00), which is the April 05 2022 High by January 2025. Our Target long-term remains a straight up $380.00 as we pointed out those months back. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot3362
Tesla Weekly to 4 Hour Deep Analysis EVERYTHING YOU NEED TO KNOWMorning Trading Family Tesla broke out of the zone we expected it would with a quick fake for the bears then the positive news punched Tesla up like no tomorrow. Today I break Tesla down into the nitty gritty using all the tools to give you levels to look out for in the coming days. Overall Tesla can hit 300 and beyond but we have a few levels to hit before we get there. Enjoy the video If you liked this content, follow, like, share and boost: truly grateful for your time and your comments Mindbloome Trading Trade What You See Long12:59by Mindbloome-Trading6
Tesla’s Q3 Earnings — Profit Surges, But is it Sustainable?Tesla’s Q3 earnings report surprised Wall Street, with the electric vehicle (EV) giant posting a 9% increase in profit*, surpassing expectations. Despite revenue coming in slightly below forecast, Tesla’s stock surged over 12% in after-hours trading. Elon Musk’s bullish tone during the earnings call added to the positive sentiment, as investors focused on Tesla’s future growth prospects. *Source: Washington Post However, while there’s plenty to be optimistic about, it’s important to look at both the opportunities and the potential risks associated with Tesla’s future. Let’s dive into what the numbers reveal and what lies ahead for Tesla. Breaking Down the Numbers Tesla’s Q3 earnings per share (EPS) came in at $0.72*, exceeding Wall Street’s forecast of $0.60. Revenue, although slightly below expectations at $25.18 billion, reflected solid growth compared to the previous quarter. Gross margins also came in stronger than anticipated, with Tesla reporting a margin of 19.8%, a notable improvement from earlier in the year. *Source: Yahoo Finance However, the revenue miss raises questions about Tesla’s ability to meet aggressive growth targets in a more challenging economic environment. With rising inflation and potential supply chain disruptions, future earnings could face more pressure than expected. Technical Setup — Post-Earnings Momentum or Short-Term Bounce? Tesla’s post-earnings chart shows a short-term rebound, supported by the 50-period Simple Moving Average (SMA). The stock initially dropped but quickly recovered, riding along this moving average and signaling possible near-term bullish momentum. While the Relative Strength Index (RSI) indicates strong buying interest, it's important to take into account the volatility Tesla’s stock has shown in the past. Although there is optimism about Tesla’s future growth, the stock’s history of significant price fluctuations suggests that gains could be temporary, particularly if broader market conditions weaken or investor sentiment changes.While the Relative Strength Index (RSI) suggests strong buying interest, it’s essential to consider the volatility Tesla’s stock has experienced in the past. Although investors are bullish on Tesla’s future growth, the stock’s history of significant price swings means that gains may be short-lived if broader market conditions deteriorate or investor sentiment shifts. Positive Margins Amid Production Increases —But Can They Last? One of the key takeaways from the report was Tesla’s ability to maintain healthy margins as it ramps up production. The cost of goods sold (COGS) per vehicle hit a historic low of $35,100, contributing significantly to profitability. However, there’s no guarantee these margins will be sustainable, especially as Tesla faces increasing competition in the EV market. Additionally, while Tesla’s Cybertruck has finally achieved a positive gross margin, it remains to be seen whether the vehicle will meet sales expectations in the long term. New product launches always carry risks, including potential production delays, cost overruns, and uncertain consumer demand. What’s Fueling the Bullish Sentiment—and Should Investors Be Cautious? Investors have several reasons to remain optimistic about Tesla. Musk was upbeat during the earnings call, highlighting Full Self-Driving (FSD) technology, vehicle deliveries, and future product launches. However, it’s worth noting that FSD has been delayed multiple times, and regulatory approval remains uncertain. Investors should be mindful of the risks associated with over-reliance on future technologies that are still in development. Tesla’s ambitious production goals—such as the plan to launch a sub-$30,000 EV by 2025—could also face challenges from supply chain constraints, material costs, and the increasing competition from established automakers and new entrants. Tesla’s energy business is currently seeing strong demand, and the Megapack factory in Shanghai is nearing completion. With multiple growth drivers in play, investors seem to be focusing less on the near-term revenue miss and more on Tesla’s long-term vision. Tesla and the EV Market —Competition Heats Up Tesla’s dominance in the EV market remains strong, but the competition is rapidly increasing. Companies like Rivian, Lucid, and traditional automakers are all ramping up their EV production. While Tesla’s cost advantage and brand recognition position it well, investors should be cautious about the growing competitive pressure. There’s also the macroeconomic backdrop to consider. A potential economic downturn could hurt demand for premium EVs, and while Tesla has plans to introduce more affordable models, it remains to be seen if this strategy can mitigate any broader market slowdown. What’s Next for Tesla Investors? Tesla’s stock surge in after-hours trading is promising, but can it sustain its momentum? Analysts will be watching whether the stock can break above the 50-day moving average, a key resistance level. Investors should be aware of the risks posed by macroeconomic uncertainty, increasing competition, and potential production challenges. For long-term investors, the Q3 earnings report solidifies the view that Tesla is more than just a car company—it’s a technology and energy giant. But even with multiple growth avenues, the road ahead is not without bumps. Maintaining profitability while scaling production and navigating market headwinds will be critical for Tesla’s long-term success. Tesla's Future Looks Bright, but Risks Remain Tesla’s Q3 earnings report was more than just a surprise—it reinforced confidence in the company’s future growth. However, while the numbers are promising, investors must stay mindful of the risks. From increasing competition to macroeconomic pressures and potential delays in new product launches, there are plenty of factors that could impact Tesla’s future performance. For investors bullish on Tesla’s long-term vision, there’s reason for optimism. But with any growth stock, especially one as volatile as Tesla, it’s important to weigh both the opportunities and the risks before making any investment decisions. The material provided here has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Whilst it is not subject to any prohibition on dealing ahead of the dissemination of investment research we will not seek to take any advantage before providing it to our clients. Pepperstone doesn’t represent that the material provided here is accurate, current or complete, and therefore shouldn’t be relied upon as such. The information, whether from a third party or not, isn’t to be considered as a recommendation; or an offer to buy or sell; or the solicitation of an offer to buy or sell any security, financial product or instrument; or to participate in any particular trading strategy. It does not take into account readers’ financial situation or investment objectives. We advise any readers of this content to seek their own advice. Without the approval of Pepperstone, reproduction or redistribution of this information isn’t permitted. by Pepperstone8
TSLA: Buy ideaOn TSLA today we would have a real bullish trend after the break of the vwap indicator as well as the resistance line with force.Longby PAZINI19113
Tesla (TSLA) Shares Surge by 11%Tesla (TSLA) Shares Surge by 11% As shown by Tesla's stock chart, trading closed below $213.50 yesterday. However, following the main trading session, the company reported its third-quarter earnings: → Earnings per share (EPS): actual = $0.72, expected = $0.59 → Gross revenue: actual = $25.46 billion, expected = $25.18 billion Additionally, Tesla forecasted a sharp increase in vehicle sales, assuring investors that CEO Elon Musk remains focused on expanding the company's core electric vehicle business. According to Reuters, this earnings report positively impacted investors who were previously concerned about: → Profit margins shrinking due to price cuts. → Musk potentially being distracted by new projects like the Cybercab robotaxi, Robovan, and humanoid robots (Optimus Gen), which were unveiled during the "We, Robot" event that caused a TSLA stock drop on October 11. As a result, Tesla's pre-market share price shows a rise of over 11%, indicating that today's trading may open around $235. The technical analysis of Tesla's (TSLA) stock chart provides crucial insights into the stock's recent bullish momentum: → Since May, Tesla's stock has moved within an upward channel (shown in blue), with the lower boundary acting as significant support (indicated by blue arrows). → The downward rounding in October (shown by the red arrow) may signal bearish pressure aimed at testing this support. The bullish momentum following the earnings report suggests that the attempt to break below the channel's lower boundary failed. Therefore, bulls may continue to push TSLA's price upwards within the existing channel. It's possible we could see another attempt to challenge the key resistance level at $260 by the end of the year. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen2210