Tesla Stock Chart Trend Line Worth Noting

Tesla Inc (TSLA) continues to scream higher. With the 5-1 stock split set to take hold, many small investors are buying in hopes of higher highs. Tesla is up 50% since the stock announced the stock split. While investors continue to run into the electric car maker, there is a Tesla stock chart trend line worth nothing. If you connect the two highest points in February 2020 with the last epic reversal high in June 2020, both trend lines extend and hit the current price today, just above $2,000/share. While this stock has defied fundamental analysis and technical analysis, it is still worth nothing.

 

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