Tesla advances in volatile session - Analysis - 13-06-2018

Tesla's stock (TSLA) surged in the intraday levels, scoring a fresh profit of 3.21% in the last session, or 10.67 points, and ending a session marked with volatility, while managing to breach the downward correctional short-term trend line, with positive support from the 50-day SMA, coupled with a noticeable rise in trading volumes. 

Therefore we expect more gains for the stock, as long as it settles above 331.85, targeting the resistance of 389.61.