Regrowth of Tesla

09 february 2022 89
Elena_Baklanova
Elena_Baklanova

Listed among the best MarketCheese authors
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The bullish hammer helped Tesla to slip the resistance of 900 where stocks diligently try to consolidate.


When bulls gain their strength, we can see again the test of the psychological level of $1000.


Good 4Q 2021 reporting of the company might suggest following growth of its stocks.


Plus, in February and March, the sector of US Consumer Discretionary which includes the company tends to grow.


Which means the preconditions for Tesla to grow and soon we can probably see the price of its stocks above $1000.

Elena_Baklanova
Elena_Baklanova

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
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