Strong reversal indications now for $TSLA from its RSI and MACD and the share price has now jumped from $215 to $278 now after testing the 0.78 Fib support level.
Price is now back above the 200 WMA and now moving towards the 200 Day MA at $285.
Holding above both of these MA's is a bullish signal to the market that buyers are stepping in.
Again we are seeing another strong company not spending too much time below its 200 WMA, in this case, less than 3 weeks, we are also seeing this on the $AMD chart too.
$TSLA can reverse to the upside now and made a higher high above $488, $285 is the next level the bulls need to convert to support.
Chaitanya
2025-03-25 12:52:45 +0000 UTCThomas
2025-03-25 12:46:50 +0000 UTCJessyyRabbit
2025-03-25 11:35:12 +0000 UTC