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  • Writer's pictureTLivingstonBlog

Tesla Looks Recharged And Ready To Ride

Today, TSLA cleared a key resistance level and looks like it is ready to start moving again. After a big move in 2020, Tesla has been consolidating throughout most of 2021. These periods can be frustrating for traders, but once finished, large bases like this offer the potential for massive gains. Over the past few weeks, I have been watching Tesla to see if it can clear the $700 price level with conviction. I took a position in TSLA today as it is continuing to exhibit extremely bullish action. Time will tell if Tesla is indeed recharged and "ready to ride."

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Full Disclosure: I currently own Tesla.

Disclaimer: This information is issued solely for informational and educational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. None of the information contained in this post constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. From time to time, the content creator or its affiliates may hold positions or other interests in securities mentioned in this blog or the associated Twitter and Instagram feeds. The stock or stocks presented are not to be considered a recommendation to buy any stock or stocks. This material does not take into account your particular investment objectives. Investors should consult their own financial or investment adviser before trading or acting upon any information provided. Past performance is not indicative of future results.


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