Tesla Stock Rises for 5th Straight Session—Watch These Key Price Levels
Key Takeaways
- Tesla shares closed higher Tuesday for the fifth straight session as the EV maker recovers some of the ground lost during a two-month selloff.
- After briefly dropping below the 200-week moving average in recent weeks, Tesla shares have reversed gear to climb back above the closely watched indicator, forming two bullish hammer candlesticks in the process.
- Key areas of overhead interest on Tesla’s chart sit around $300, $385 and $680, while important support levels lie near $217 and $155.
Tesla (TSLA) shares closed higher Tuesday for the fifth straight session as the EV maker recovers some of the ground lost during a two-month selloff.
The latest gains come after an all-hands meeting last week where CEO Elon Musk…
