The Long Investor
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$TSLA TOP 20
🕑 Added 2025-03-25 11:33:56 +0000 UTCStrong reversal indications now for $TSLA from its RSI and MACD and the share price has now jumped from $215 to $278 now after testing the 0.78 Fib support level.
Price is now back above the 200 WMA and now moving towards the 200 Day MA at $285.
Holding above both of these MA's is a bullish signal to the market that buyers are stepping in.
Again we are seeing another strong company not spending too much time below its 200 WMA, in this case, less than 3 weeks, we are also seeing this on the $AMD chart too.
$TSLA can reverse to the upside now and made a higher high above $488, $285 is the next level the bulls need to convert to support.
Comments
Chaitanya
I doubt if the $285 level it can hold, given that the delivery numbers about to release on April 2. I believe Delivery numbers definitely would miss the wall st. exp for Q1.
Thomas
Does the ABC correction look finished?
JessyyRabbit
are you buying cap?
