TSLA Stock Price: A Breakout is Near, Stock Surged Above 50-DEMA

TSLA Stock Price: A Breakout is Near, Stock Surged Above 50-DEMA

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TSLA stock price: The shares have experienced a long bullish trend since the start of this year
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The company has been growing exponentially well over the quarters, see the highlights below 
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The current stock price is just near the resistance level with a possible breakout, check before its late
Last Monday, Tesla (NYSE: TSLA) announced that it had delivered about 435,000 vehicles in the second quarter. It is slightly below Wall Street estimates by 20,000 and around 6% lower than the previous quarter’s deliveries. The company attributed this decrease in deliveries to scheduled downtime for plant upgrades and kept its full-year delivery estimate of 1.8 million vehicles.
During market activity last Wednesday, Tesla’s stock rose by 5.2% to $261. The stock cleared its 50-day moving average price of $250 and reached near its immediate resistance levels. That turned the investors’ heads around for a while.
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We współpracy z: https://www.thecoinrepublic.com/2023/10/08/tsla-stock-price-a-breakout-is-near-stock-surged-above-50-dema/

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