KulKashKlan

TESLA a break above 775

Long
NASDAQ:TSLA   Tesla
Shares closed 2.75% higher to 774.39 in stock market trading Friday, breaking out past a 764.55 buy point in a cup-with-handle base.

Shares have found support near their 21-day exponential moving average. Its relative strength line is trending upward, as its 50-day line is also sloping up again.

Tesla's RS Rating is 85 out of a possible 99. Its EPS Rating is 72.

Among U.S. automakers with a growing slate of EVs, General Motors (GM) and Ford (F) each rose 0.5%. Recent IPO Lucid Motors (LCID) fell 3%.

Tesla's China-based rivals Nio (NIO) declined 1.5%, Xpeng (XPEV) dipped 2.5% and Li Auto (LI) ended the day mostly flat.

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