Watch These Tesla Price Levels as Stock Hits Brakes Ahead of Q4 Deliveries Report
Tesla(TSLA) Investopedia·2024-12-30 03:50
Key TakeawaysTesla shares will be in focus to start the week after logging two consecutive days of losses, as investors look ahead to the EV maker’s fourth-quarter deliveries report.The stock has consolidated within a pennant, a chart pattern that signals a continuation of the current uptrend.A measured move, which calculates the distance in points of the impulsive move higher that preceded the pennant and adds that amount to the pattern’s top trendline, forecasts a price target of $615.During pullbacks, in ...