Watch These Tesla Stock Price Levels After Post-Earnings Surge | Global News Avenue

Tesla (Tesla (TSLA) Stocks have obtained the foundation in Wednesday’s extension, because the optimism of autonomous driving prospects for auto manufacturers The results of the fourth quarter This is under the expectations of Wall Street.

CEO Elon Musk (Elon Musk) Tell investors’ income Conference call The company’s complete autonomous driving technology continues to cause major infringement. Musk said that in other development projects, the company plans to start using the autonomous driving software of the Tesla car in the company’s Austin Factory in June. From June, this year may be wider Public release.

Tesla said the sales of vehicles that are expected to decline for the first time in 2024 have re -increasing this year. The company also said that its more affordable model plan is Still on the right track Production in the first half of this year, although the appearance or cost of Tesla, which has not yet been reasonable, has not yet been affordable.

After Tesla fell more than 2 % at a conventional meeting, it rose 4 % in the transactions after get off work to around $ 405. In the past 12 months, the stock has increased by more than doubled. Since the presidential election in early November, this stock will be directly beneficial to the car manufacturer while hoping that Musk and President Donald Trump will be closely connected to Essence

Below, we carefully studied Tesla’s chart and applied Technical analysis Determine the key price level worthy of attention.

Focus logo mode

Since the record of reaching a record last month, Tesla’s stock ownership merge In one bannerA rally chart mode indicates that the stock rising trend is paused for a short time, and then moved higher. Indeed, the price looks like gap Above the trend above Thursday, the upward momentum of the stock can be restored.

Investors should also pay attention to increase Transaction volumeIt has been steadily declined in the recent national flag model.

Let us analyze Tesla’s chart to determine the long -term bullish goal, and point out several main mains Support level Watch during possible answers.

Watch the target

In order to projection to watch the goal, investors can use Bars mode tools to analyze the previous trends on the chart to predict the future movement methods.

When applying the tool to Tesla shares, we get it to the stock trend From October to December, it is superimposed from the downward trend line of the national flag model. This heralds a goal of about $ 790, which is a place that closes about the price on Wednesday Lock in profitEssence

We chose this earlier trend because it follows the merger period similar to the current banner model of the stock.

Main support level to monitor

During the decline, investors should first watch the level of $ 360. At this location, stocks can find support at the two minors peak This was formed on the chart in November.

Sales below this level may find a larger drop to about $ 300. The area on the chart may attract interest in nearby purchases Physical circular quantity And the famous July 2023 SwingThis marks the high record of the stock until the election -oriented breakthrough in November last year.

In the end, the further sale door opened the door and dropped to $ 265. Investors may find accumulation Given that it discovered the sharing of the area confluence Supporting support 200 -day mobile average And the trend line of multiple peaks on the chart can be traced back to October 2023.

Regarding the comments expressed in InvestOpeDia, viewpoints and analysis are only used for information purposes. Reading us Warranty and responsibility exemption statement More information.

As of the writing of this article, the author does not have any of the above securities.