Tesla Stock Technical Analysis: is trading in a strong uptrend today, having recorded a high of $268 and a low of $254, and is currently trading at $268.
Tesla Stock Technical Trading Price Analysis:
Price action shows the stock trading above the moving averages, reinforcing the uptrend and reflecting the strength of demand for the stock.
Tesla Stock Indicators Analysis:
- MACD Indicator: The indicator shows strength in the positive direction, indicating continued upward momentum and investor confidence in the stock.
Expected Trading During the Day:
The stock is expected to continue its uptrend, with the possibility of testing new resistance levels. If the buying pressure continues, we may see additional increases.
Trading strategies based on Buy/Sell levels
| Tesla Stock | In case of buying | in case of selling |
| Entry point | 275 | 253 |
| Target Point 1 (TP1) | First resistance: 284 | First support: 245 |
| Target Point 2 (TP2) | Second resistance: 291 | Second support: 240 |
| Stop Loss (SL) | 253 | 275 |
Tesla is showing strength in the uptrend supported by technical analysis. It is important to follow technical levels and indicators to ensure informed trading decisions.
