As you can see from the chart, at the moment, Tesla is bouncing between a support and a resistance level. The Bullish Trendline is also playing a key role. Last earnings release was stunning with a surprise of over 40%. Fundamentals are definitely bullish and price action just did a sideways correction.
Everything seems ready for a new strong uptrend that will be only confirmed by a strong break of the resistance area.

Sky is not the Limit

The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.
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