📊 TSLA Technical Analysis (Daily Timeframe)
After a period of consolidation inside a Symmetrical Triangle, Tesla’s price is now showing a potential breakout to the upside. This could be an early signal for the beginning of a new bullish wave.
🔹 Key Support: $323 – $325
🔹 Next Resistances: $375 and, if broken, higher targets at $400 – $420
The 50-day moving average is currently supporting the uptrend, and a confirmed close above the $346 level would strengthen the bullish outlook.
⚠️ However, if the price fails and breaks below $323, the bullish scenario may lose validity and a corrective move could follow.
After a period of consolidation inside a Symmetrical Triangle, Tesla’s price is now showing a potential breakout to the upside. This could be an early signal for the beginning of a new bullish wave.
🔹 Key Support: $323 – $325
🔹 Next Resistances: $375 and, if broken, higher targets at $400 – $420
The 50-day moving average is currently supporting the uptrend, and a confirmed close above the $346 level would strengthen the bullish outlook.
⚠️ However, if the price fails and breaks below $323, the bullish scenario may lose validity and a corrective move could follow.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.