Tesla, Inc. manufactures and sells fully electric vehicles, solar energy generation systems and energy storage products. It also operates a network of vehicle service centers and Supercharger stations. The company operates through two segments: Automotive and Energy Generation & Storage.
Stock 360 view:
1. Average Analyst Price Target: USD 691 - Hold 2. Hedge Fund Activity : Decreased by 299k shares last quarter 3. Insider Activity : Sold shares worth $ 7.1 Million last quarter 4. Technicals : Positive 5. Recent News Activity : Positive
The Daily chart exhibited up for TSLA shows various key levels and their key breakouts, with divergences and confirmations on RSI. Interestingly, as witnessed in so many other charts, some trend lines are more important than others. Here too, we can see the support line from the triangle break continues to be of importance as the extended line continues to act as the upper band for the current channel that TSLA is trading in. RSI forming aa spending triage and price moving in a channel.
Ideal way to play this would be a break of the channel, preferably with confirmations
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price trending down, as expected within the channel. Look for buy opportunities near the channel bottom and the 20 SMA