Tesla hits new record highs - Analysis - 13-07-2020

Tesla's stock rallied 10.78% in the last session, regaining footing and hitting fresh record highs, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, countered by negative signals from the RSI. 

Therefore we expect more gains for the stock, targeting the resistance of 1,583. 

Expected trend for today: Bullish