TESLA Technical Analysis: Weekly Chart
In the weekly charts, TESLA is trading in a down channel.
It is trading above 50 and 100 days SMA & below 20 days SMA.
The immediate support is 758.43 & the resistance level is at 879.09.
TESLA is trading in the down channel until there is a trend reversal.
TESLA Technical Analysis: Daily Chart
In the daily charts, TESLA is trading in a down channel.
It is trading above 20 days SMA & below 50 and 100 days SMA.
The immediate support is 781.12 & the resistance level is 852.31.
How to Trade TESLA this Week:
TESLA will follow the downtrend until their trend reversal. So, remain bearish on TESLA
TRADE SUGGESTION- SELL AT 837.96, TAKE PROFIT AT 781.12 AND STOP LOSS AT 852.31