Going Long Tesla? These Are the Resistance Levels to Watch Out For.

Tesla’s (NASDAQ:TSLA) stock has been on a rollercoaster ride over the past few months. Since April, it has nearly doubled in price to $270 per share but could not hold, reversing to under $200 per share. This price turned it into one of Tesla’s resistance levels that investors considering long positions want to watch.The electric vehicle giant’s price action resulted in a Golden Cross between its 50-day and 200-day moving averages (MAs). Understanding what might be next becomes crucial as the 200-day MA has ...