Tesla shakes off negative pressure - Analysis - 14-01-2019

Tesla's stock kept rising in the short term while trespassing the resistance of the 50-day SMA, shaking off its negative pressure, amid the dominance of the upward short-term term and scoring another profit of 0.66%, or 2.29 points, while the RSI reached overbought levels. 

Therefore we expect more gains for the stock, as long as it settles above 339.21, targeting the pivotal resistance of 376.79. 

Expected trend for today: Bullish