Tesla Stock Price Levels to Watch After Volatile Stretch
Key Takeaways
- Tesla shares have gained ground the past two sessions after a five-day losing streak during which the stock lost 18% of its value.
- Despite the recent pullback, the shares have trended sharply higher since breaking out from an ascending triangle in early November following the U.S. presidential election.
- Bars pattern analysis forecasts a price target of around $745 and projects the current uptrend may last until early March.
- Investors should watch important support levels on Tesla’s chart around $370 and $300.
Tesla (TSLA) shares have gained ground the past two sessions after a five-day losing streak during which the stock lost 18% of its value.
The stock hit a record high in mid-December amid optimism that CEO Elon…
