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.
This content is for informational purposes only and is not intended to be investing advice.