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Watch These Tesla Price Levels as Stock Accelerates to Fresh Record High
TSLATesla(TSLA) Investopedia·2024-12-17 04:45

Key TakeawaysTesla shares continued their extended post-election rally on Monday, rallying to a new record high after Wedbush boosted its price target on the EV maker's stock.The shares have trended sharply higher after breaking out from an ascending triangle, though the relative strength index signals extremely overbought conditions, which could lead to short-term profit-taking.Bars pattern analysis, which extracts the stock’s sharp trending move from late June to early July and overlays it from the ascend ...