Tesla Hits New Highs! Will Santa Bring a $500 Gift for Xmas?
Tesla’s stock is delivering holiday cheer, hitting an all-time high of $436 just in time for the season. Analysts are buzzing about where Santa might steer this EV sleigh next. Using the Fibonacci retracement tool, the 161.8% extension suggests a gift-wrapped target of $571.93, while the trendline forecasts a cozy $490-$530 range by New Year’s Eve.
But wait, there’s more in the stocking! Tesla’s breakout was accompanied by high trading volume, like elves working overtime in the workshop. Meanwhile, the RSI is sitting at a frosty 78, suggesting Tesla might need a pullback before flying higher. Analysts are chiming in, with some predicting $472 and others dreaming of even higher targets for 2025.
If things go the other direction, keep an eye out for the $390-$400 range for key support. A break below this could mean Christmas is canceled.
Will Tesla soar like Rudolph or will Jack Frost be nipping at investor's hopes? Only time will tell, but one thing’s for sure: Tesla is the star atop this year’s stock market tree. Keep your eyes on the chart for more festive moves!
Let's sleigh the stonk market together! For more analysis and chart trends subscribe and launch that 🚀 to new all time highs!
But wait, there’s more in the stocking! Tesla’s breakout was accompanied by high trading volume, like elves working overtime in the workshop. Meanwhile, the RSI is sitting at a frosty 78, suggesting Tesla might need a pullback before flying higher. Analysts are chiming in, with some predicting $472 and others dreaming of even higher targets for 2025.
If things go the other direction, keep an eye out for the $390-$400 range for key support. A break below this could mean Christmas is canceled.
Will Tesla soar like Rudolph or will Jack Frost be nipping at investor's hopes? Only time will tell, but one thing’s for sure: Tesla is the star atop this year’s stock market tree. Keep your eyes on the chart for more festive moves!
Let's sleigh the stonk market together! For more analysis and chart trends subscribe and launch that 🚀 to new all time highs!
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