Watch These Tesla Price Levels After Stock Rallies to Highest Close Since February
Key Takeaways
- Tesla shares have posted three consecutive weeks of gains and are trading at their highest levels in more than two months.
- The stock confirmed a triple bottom pattern on Friday after breaking out above the formation’s neckline and closing above the closely watched 200-day moving average, setting the stage for a bullish reversal.
- Investors should watch crucial overhead areas on Tesla’s chart around $360 and $430, while also monitoring key support levels near $289 and $225.
Tesla (TSLA) shares come into the week trading at their highest levels in more than two months, as the stock has gained ground in each of the last three weeks.
The stock started gaining traction late last month after CEO Elon Musk, during the…
