TESLA (TSLA) Moving in a channelGood morning everyone!
Quick 4.5 minute update on Tesla! We're looking alright but in the short term, we'll need to see a move above our short term resistance at $233-$234 before we can see a move up into $240-$245. Very possible.
NFP was just released today so make sure you take care for any intraday volatility, otherwise my view is Tesla is moving in a channel and we're going to keep at least a short term bullish posture until we break the channel (either way).
Bullish price target is $400 (no timeframe associated) and Bearish price target would be a sweep of that $150 level in the event of global financial catastrophe.
Trade safely nerds!