Technical analysis

Tesla Wave Analysis – 22 March, 2022

Tesla Wave Analysis – 22 March, 2022

• Tesla broke resistance level 876.00
• Likely to rise to resistance level 1000.00

Tesla recently broke the resistance level 876.00 (top of wave 1 from March) and the 38.2% Fibonacci correction of the downward impulse from January.

The breakout of the resistance level 876.00 accelerated the active short-term impulse wave 3 of wave (C) from last month.

Tesla can be expected to rise further toward the next round resistance level 1000.00.

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