Tesla Technical analysis

Tesla Technical Analysis

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 840.31 & the resistance level is at 938.87.

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 over bought zone which indicates mild bearishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 847.68 & the resistance level is at 932.39.

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 892.34, TAKE PROFIT AT 932.39 AND STOP LOSS AT 847.68

About Author

Related posts

AUDNZD Technical Analysis

AUDNZD Price Technical Analysis

AUDNZD Technical Analysis: Weekly Chart In the weekly charts, AUDNZD is trading in an up channel. AUDNZD 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 1.0973 & the resistance level is...

Read More
SAP AG Technical Analysis

SAP AG Price Technical Analysis

SAP AG Technical Analysis: Weekly Chart In the weekly charts, SAP AG was trading in down channel. SAP AG is currently trading below all SMA. RSI is in buying zone which indicates bullishness. MACD is currently below zero which indicates bearishness. Its immediate support is 89.94 & the resistance...

Read More

Leave a Reply