Tesla consolidates at 730 and 706 with low volume.
Tesla shares pushed through 706 after successfully holding the support line at around 644, as indicated on the daily chart but made little progress to the upside.
The share prices have been consolidating at 730 and 706 for more than a week and will probably need to hold the current support line at 706 to continue to the upside. The last time shares traded at this level were around April, and the price manages to reach 768 before pulling back as indicated on the price chart. Failing to hold above 706 could see a retest of 644
Tesla shares pushed through 706 after successfully holding the support line at around 644, as indicated on the daily chart but made little progress to the upside.
The share prices have been consolidating at 730 and 706 for more than a week and will probably need to hold the current support line at 706 to continue to the upside. The last time shares traded at this level were around April, and the price manages to reach 768 before pulling back as indicated on the price chart. Failing to hold above 706 could see a retest of 644
