Tesla stock technical analysis:
As you can see from the chart outlined above, Tesla stock seems to be on a very strong support line which used to be a previous resistance.
We're now currently hovering around the support area of $260-ish. Tesla fundamentals also look quite strong as it's operating at a profit, China factory is on the way and its Battery business looks quite solid as well.
Definitely a buy for me.
*disclaimer: I am long Tesla, ticker symbol TSLA
As you can see from the chart outlined above, Tesla stock seems to be on a very strong support line which used to be a previous resistance.
We're now currently hovering around the support area of $260-ish. Tesla fundamentals also look quite strong as it's operating at a profit, China factory is on the way and its Battery business looks quite solid as well.
Definitely a buy for me.
*disclaimer: I am long Tesla, ticker symbol TSLA