As the TESLA stock price chart shows, TSLA is taking an upward trend, the support S1 confirms that. Since 18 Mars increase to a specific maximum point (Point A, B, and C), and then take a break to prepare for another one. Right now, we have another increasing trend of TESLA. Two scenarios: -- Either, it will continue to reach a new maximum, and go back down as a break. That break will be decreasing and must not be below the level “L”, in that case, we can say it’s going up again. -- Either, it will go down below that level “L”, and in that case, we can say that this trend is ending.
Generally, we expect that it will go up, take a break by going down to bounce on a level that is higher than “L”, and go again in an increasing trend.
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