TSLA is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 21 days and may test it again within the next 19 hours.
Supports and resistances are primary concepts of technical analysis. TSLA is heading for an important price of 332.9500 – read about what this could mean for the future.
