Tesla Motors Inc (TSLA): The Technicals Are Looking Good For The Stock

$TSLA monthly chart

  • The monthly chart removes all the noise and what we are left with is a great looking chart.
  • Note the three months of tight closes earlier in the year and potentially once again this month with a close around $242.
  • If $TSLA is able to hold the 10-month moving average, a break above the current two-month high should generate plenty of buying interest.
  • This is not an official setup. We are just monitoring the action for now.

This article is brought to you courtesy of Morpheus Trading, LLC.

Pages: 1 2

Leave a Reply

Your email address will not be published. Required fields are marked *