$Tesla Motors(TSLA)$ tsla broke above the 200 and 20 simple moving averages without any resistance, if it can continue to trade above them it will be very bullish and I expect tsla to continue to trade higher. But if they fail to hold as support then it's a false breakout and back down it goes. Can the moving averages hold as support?
$Tesla Motors(TSLA)$ tsla bounced off the 200 sma as support and made a new high of $414. I believe it will continue to make higher highs and higher lows in the near term. Do you think tsla can make a new all time high before 2027?
$Tesla Motors(TSLA)$ broke above the 200 simple moving average and a down trending channel, it retested the 200 SMA as support and bounced off, this price action is very bullish. As long as price can stay above the 200 SMA it will continue to stay in a uptrend and I will trade it with bullish options strategies like a bull put spread