See how the Falling Wedge is playing out for TSLA. View live chart.
Reversal pattern. Price likely to break upwards.
Traders are watching Tesla, Inc. (TSLA) as price action tightens. With a last close of $400.49, volatility remains active (1.04%). Price action has carved out a classic Falling Wedge. The trend indicator is reading 22.9/100, suggesting moderate momentum. A potential breakout level is identified at $424.68, targeting $453.4 with support near $380.15 (R:R 0.64).
What is your outlook on TSLA?