The Tesla 'Powerwall'

When looking at Tesla's stock chart, I’ve got to say that the $257-$260 level represents a tremendous barrier over the short-term.

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Image Source: Unsplash

I have every selfish reason for this to just keep going up forever, but as a chartist, I’ve got to say that the $257-$260 level represents a tremendous barrier to Tesla, short-term. I would remind you that earnings come out after the close of July 23, and the “big Robotaxi event” is scheduled for Aug. 8.


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