Right now TSLA is at the point where it is at the Lower Main Channel Support and the the Upper Minor Channel Resistance. There has been an increase in momentum and the accumulation started to pick up. The trend is not broken yet, it is just at the extreme levels. So This ER will be a crucial to continue the trend to the upside or start a downtrend.
A good ER and a good outlook will make it go above 244 creating a strong short squeeze that could make it jump to a target price of 260.
A good ER and a good outlook will make it go above 244 creating a strong short squeeze that could make it jump to a target price of 260.
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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.