Tesla regains footing - Analysis - 30-11-2021

Tesla's stock (TSLA) returned higher with a 5.09% profit, settling at 1,136.99 and erasing past losses, amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA.

Therefore we expect more gains for the stock, targeting the pivotal resistance of 1,242.49, provided it settles above 1,101.70.

Expected trend for today: Bullish