Tesla Stock Price Levels to Watch After EV Maker’s 32% Third-Quarter Gain
Key Takeaways
- Tesla shares are likely to remain on watchlists after gaining 32% in the third quarter, as the company prepares for a big October of potential market-moving events.
- The stock has moved above a long-term downtrend line and the 200-week moving average in recent weeks.
- Investors should monitor important higher price levels on Tesla’s chart around $265, $300, and $400, while eyeing the key $225 region as a possible support area during periods of weakness in the stock.
Tesla (TSLA) shares are likely to remain on watchlists after gaining 32% in the third quarter, as the company prepares for a big October of potential market-moving events.
In recent months, investors have bid up the EV maker’s stock amid growing expectations…
