Watch These Tesla Price Levels as Stock Surges to 15-Month High
Key Takeaways
- Tesla shares are likely to remain in the spotlight after surging to a 15-month high Wednesday amid investor expectations that the EV maker could benefit from Donald Trump’s win in the presidential election.
- The stock has traded within an ascending triangle, a bullish chart pattern that indicates a continuation of the stock’s uptrend that started in April.
- Investors should watch key overhead levels on Tesla’s chart around $300 and $350, while monitoring important support areas near $265 and $230.
Tesla (TSLA) shares are likely to remain in the spotlight after surging Wednesday amid investor expectations that the EV maker could benefit from Donald Trump’s return to the presidency, as CEO Elon Musk has been one of the former…
