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TESLA INC
(TSLA-Nasdaq):
Technical Viewpoint: From a low
of $546.98 on May 19, 2021 prices
rallied, reaching a
high of $700.00
on Jul 2, 2021. A
decline saw prices pull back, reaching a
low of
$620.46 on Jul 8, 2021.
Another rally saw prices penetrate
resistance, closing 7/28/21
at $677.35. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Jul 28, 2021 when the solid line crossed the dotted line to the upside.
Support: Remains at $620.45. Resistance: Is at $700.00.
Point & Figure: Reversed to the upside on Jul 28, 2021. A P&F upside
reversal takes place at $680.00. Summary: Technical indicators have turned bullish. BUY! Tesla Inc
(TSLA-Nasdaq) @ $680.50 Stop: Use a protective stop of $648.75.
Tesla Inc is currently trading @ $677.35 plus $31.68 on Jul 28, 2021. Price Objective:
$829.00. Risk/Reward: $31.75 VS. $148.50. Today's Risk Reward Ratio: 5:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$829.00
Risk/Reward:
$31.75 VS. $148.50
Risk/Reward Ratio:
5:1
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