Tesla stock is ‘on the edge of breaking this wedge' to the upside

The share price of electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) could be setting up to extend its recent rally, with technical indicators suggesting investors should anticipate a possible breakout.Notably, Tesla has capitalized on the near-term stock market momentum to establish its price above the $220 support zone. Over the past week, TSLA has gained over 5%, trading at $230 as of the latest market close.TSLA one-week stock price chart. Source: FinboldCentral to the upcoming rally is the equity ...