Today’s instrument is Tesla Inc.’s stock traded in the Nasdaq exchange under the ticker TSLA. 

Looking at the TSLA chart, we can see that on the 20th of April, there was a big drop of the share’s price from around $180 to around $160, which was due to the worse-than-expected quarterly earnings announced, and then it was recovered to the lastly traded at around $165, which was supported by the announcement of higher car sale price in USA. Today, we could expect that recovery until the first resistance level at around $168-170 and then, if breaking through it is not possible, a price retreat should be expected.  

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