Tesla amid positive outlook - Analysis - 18-01-2018

Tesla's stock (TSLA) rose in the intraday levels, scoring a new profit of 2.09% in the last session, or 7.10 points, amid positive support from the 50-day SMA, while getting buoyed by exiting a descending correctional price channel that limited recent short-term trading. 

Therefore we expect more gains for the stock, as long as the support of 312.87 holds on, targeting the resistance of 368.58.