Tesla has broken its short-term downward parallel channel (highlighted with dotted lines). It has completed its correction and is attempting to revert to its primary bullish trend.
A minor resistance may pose a challenge for Tesla, represented by the falling resistance (double line).
We anticipate an upside movement until 313, which serves as a significant horizontal resistance.
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.