What's Ahead For Tesla (TSLA)?

I have a question for Elon Musk (of course it's silly, but a little levity never hurts). Where's the next charging station located for his space-bound Tesla Roadster👀

The following news clip and videos from TheGuardian.com describe yesterday's spectacular space launch...
 

Video length: 00:01:37

Video length: 00:00:31

At the moment, price on this weekly chart of Tesla (TSLA) is embedded in a large downward-sloping consolidation zone. As long as it stays above its channel median, and as long as the momentum indicator remains above the zero level on this timeframe, there is a chance we could see it recover to retest prior all-time highs, and, even, push higher. Otherwise, a drop and hold below these levels could see it drop to the channel bottom around 280.00, or lower.

Perhaps yesterday's successful launch will be the shot in the arm to resuscitate this stock.
 

(Click on image to enlarge)

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Duanne Johnson • 6 years ago • Member's comment

Wow, that #ElonMusk video is unbelievable!

(2) | Reply • Share