Tesla
Long

TESLA - Analysis 2021-06-25

Tesla is starting a bullish phase.

The signs are as follows:

1° on 4 June it touched and then rebounded from the Ema 200 daily;
2° on June 23 it broke 23.60 Fibonacci and also EMA 50 daily
3 ° on June 24 broke the bearish trend line (white line) started on January 26


Yesterday there was a strong gap up opening with a rise almost to the resistance at $ 700 and then returning to a Fibonacci 38.6%.
In the next few days, a possible drop to $ 657 to close the gap but even if it does reach this level, it should start again.

Next resistance indicated:

- $ 700
- $ 721
- $ 760

I recommend observing, discussing, Like if you like it, but as always, always use your head for operations !!
Beyond Technical AnalysisbeyondtechnicalanalysisTechnical IndicatorstechnicalindicatortechnicalindicatorsTrend AnalysisTesla Motors (TSLA)

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