TESLA Technical Analysis: Weekly Chart

In the weekly charts, TESLA is trading in down channel. TESLA is currently trading above all SMA.

RSI is in buying zone which indicates bullishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 876.52 & the resistance level is at 970.65.

TESLA will trade in down channel until there is trend reversal.

TESLA Technical Analysis: Daily Chart

In the daily charts, TESLA is trading in an up channel. TESLA is currently trading above all SMA.

RSI is in buying zone which indicates bullishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 874.91 & the resistance level is at 970.77.

TESLA will trade in an up channel until there is trend reversal.   

How to Trade TESLA this Week:

TESLA will follow the uptrend until their trend reversal. So, remain bullish on TESLA.

TRADE SUGGESTION- BUY AT 926.72, TAKE PROFIT AT 970.77 AND STOP LOSS AT 874.91