Tesla has broken decisively above the 390 – 400 USD consolidation zone and is now trading around 443 USD after a very strong bullish expansion.
Technically, the stock remains extremely strong above EMA34 and EMA89, while EMA34 continues moving further above EMA89 — confirming strong bullish momentum across multiple timeframes.
After such a fast rally, a short-term technical pullback may appear soon. The key support zone to watch is 420 – 410 USD.
If price retests this area with weak selling pressure, Tesla could continue higher toward 460 USD and potentially 480 USD.
Technically, the stock remains extremely strong above EMA34 and EMA89, while EMA34 continues moving further above EMA89 — confirming strong bullish momentum across multiple timeframes.
After such a fast rally, a short-term technical pullback may appear soon. The key support zone to watch is 420 – 410 USD.
If price retests this area with weak selling pressure, Tesla could continue higher toward 460 USD and potentially 480 USD.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.