TradeTrio

TESLA INC | PARALLEL CHANNEL BREAKING

Long
BATS:TSLA   Tesla
TESLA INC

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.

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