$TSLA

17 Jul 2023

TSLA hits over $300 if prev days hod holds here ! Easy play! Just broke out of the golden pocket!

17 Jul 2023

Nota

TSLA , - TSLA hits over $300 if prev days hod holds here ! Easy play! Just broke out of the golden pocket! The Tesla stock demonstrated a positive trajectory by gaining 1.25% on the last trading day, Friday, July 14, 2023, with the price increasing from $277.90 to $281.38. This marks the stock's fourth consecutive day of gains, creating anticipation about whether it will sustain its upward momentum or experience a minor pause in the coming days. Throughout the trading day, the stock exhibited a fluctuation of 3.25%, reaching a low of $276.31 and a high of $285.30. Over the past 10 days, the stock has risen in 7 of them, resulting in a 9.27% increase over the past 2 weeks. Notably, the volume increased alongside the price on the last day, which is viewed as a positive technical sign. In total, there were 10 million more shares traded compared to the previous day, with a total of 120 million shares being bought and sold, amounting to approximately $33.66 billion.

Currently, the stock is positioned within the middle segment of a wide and robust rising trend in the short term, indicating the potential for further upward movement within this trend. Based on the prevailing short-term trend, it is projected that the stock will experience a significant rise of 89.70% over the next 3 months. Furthermore, there is a 90% probability that the stock will maintain a price range between $491.57 and $566.60 at the conclusion of this three-month period.