Tesla's weekly chart showcases a bullish breakout from a symmetrical triangle pattern. The RSI on the same timeframe remains supportive, adding weight to the potential for price increases. This is a promising technical setup, but a major event looms – earnings on Tuesday after the market closes. The post-earnings price action will be crucial in determining Tesla's next move. Stay tuned!
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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.