Tesla intraday: the upside prevails as long as 645.6 is support

TRADING ANALYSIS

Tesla intraday: the upside prevails as long as 645.6 is support

Our pivot point stands at 645.6.

Our preference:
The upside prevails as long as 645.6 is support.

Alternative scenario:
The downside breakout of 645.6 would call for 635.2 and 629.

Comment:
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Tesla is trading above both its 20 and 50 period moving average (respectively at 646.5 and 644.76).

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