Strong Growth Stock Technical Setups. Analyze technical breakout patterns in stocks which are growing strongly while having decent profitability and health.
Overall TSLA gets a technical rating of 5 out of 10. In the last year, TSLA was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, TSLA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 242.21, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
We found 3 important support areas.
3 important resistance areas can be observed.