Tesla seems to be exiting an oversold condition as it looks to begin its next bullish move. Even during its recent pullback, the price respected the support line while the RSI never dipped below 50. Both are good signs of bullish strength.
The stock price will have to clear a gap down that occurred on November 22nd but assuming it can do that I have my three potential price targets noted. The price will not have much in pre-existing volume to fight through as the VPVR shows.
The stock price will have to clear a gap down that occurred on November 22nd but assuming it can do that I have my three potential price targets noted. The price will not have much in pre-existing volume to fight through as the VPVR shows.