Tesla
Long

Tesla -> The Bulls Are Pushing Higher

1 846
Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .

Just a couple of weeks ago Tesla stock perfectly tested and rejected a quite strong previous support zone towards the upside.
However this bullish move of about 80% is still not over yet in my opinion, since we still have some room towards the upside until we retest the next resistance area.

From a daily perspective I am now just waiting for a short term retracement back to the previous resistance zone which is now turned support, then I will wait for some bullish confirmation and then there is a high chance that we will see the next weekly push towards the upside.

Thank you for watching and I will see you tomorrow!

You can also check out my previous analysis of this asset:
https://www.tradingview.com/chart/TSLA/OyRKWq45-Tesla-Analysis-26-01-2023/

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