Tesla holds support, could rocket above $700 | TSLA Technical Analysis, Price Predictions, News


 

Technical analysis, price predictions and news on Tesla stock for week ending 07/10/2021.  Tesla held key support level and will have to find a way to breakout above $700.  A break above that level would be very bullish, however, my conviction to the bull side would increase dramatically if Tesla could break above resistance at $720.  To the downside, we have support of the top of the wedge and 200DMA at around $630

 

Tesla news this week includes:

  • Colin Rusch from Oppenheimer adds another BUY rating on Tesla
  • Berlin Economy Minister expects Tesla to begin production  this year despite delays
  • Tesla Model 3 is best selling car in the UK for June
  • Tesla adding rear wheel steering feature to Cybertruck
  • FSD Beta 9 Release end of week
  • Someone purchased Tesla ads that appeared in NYC’s Times Square

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