FenzoFx—Tesla (#TSLA) bounced from the ascending trendline and closed yesterday's session at the volume point of interest, the $322.3 mark. This level is above the monthly VWAP, meaning bulls are gaining, and bears are losing money.
That said, we expect the uptick in momentum to resume, targeting $338.9, and if this level is breached, the stock will likely aim to fill the Fair Value Gap at $350.0.
That said, we expect the uptick in momentum to resume, targeting $338.9, and if this level is breached, the stock will likely aim to fill the Fair Value Gap at $350.0.
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Knowledge Should Be Free – And So Is Your Path to Trading Success.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.