What a month it was for
TSLA
! A month before, so many people were expecting the stock to fall beyond 100 Dollars, yet it rose by 33% this week alone and closed just above the resistance level of 175 Dollars. Technical indicators are positive on the daily timeframe so there can be more to come but it should be watched closely as it gets closer the moving average on the weekly timeframe. If the positive momentum continues, and the price sees acceptance above this resistance, we can see it rising above 200 Dollars in the following weeks.
TSLA
! A month before, so many people were expecting the stock to fall beyond 100 Dollars, yet it rose by 33% this week alone and closed just above the resistance level of 175 Dollars. Technical indicators are positive on the daily timeframe so there can be more to come but it should be watched closely as it gets closer the moving average on the weekly timeframe. If the positive momentum continues, and the price sees acceptance above this resistance, we can see it rising above 200 Dollars in the following weeks.