Tesla’s Stock Races Higher
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After reporting better than expected earnings, it looks like Telsa (TSLA) could have more room to run. The stock is also trending higher in a rising wedge formation and with the earnings report beating expectations, we could very well see a breakout of above the stock’s recent high.
As you can see by looking at the chart in the video, TSLA has been firing on all cylinders, and if the market rally continues, we can expect TSLA to rise with it. One telling clue we had in the past on the stock is the inverse head and shoulders we had not too long ago, signaling the stock may be ready to move higher, and sure enough, it did.
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