* Today's Sector Analysis: "Energy " Institutional Technical Viewpoint
Buy Alert!   (INDU): $ Stop.  $ P-Stop  $ P-Objective
Dow Jones Ind: 35,084.53 Jul 28, 2021 * Price Objective: 52,499    Volume Two No. 2464

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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