Tesla’s stock (TSLA) rose in the intraday levels, while trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels, thus tackling the downward secondary trend line in the short term as it tries to shake off negative pressures.
Therefore we expect the stock to rise and target the important resistance of $205.30, provided the initial resistance of $177.00 was breached.
Trend Forecast: Bullish
Between 3570.00$ support and 3800.00$ resistance.
Between 68000.00$ support and 71600.00$ resistance.
Between 78.80$ support and 81.80$ resistance.