highhand
12-23 22:18

$Tesla Motors(TSLA)$  

Bullish price that broke out from resistance and ATH. It looks like going higher short term. Probably 500 is a good resistance. 

We don't know what Elon is going to do or say in the future.. But stock price is heading in the right direction despite fundamentals not backing it at the moment

ARK Fund Trims Tesla After New Highs: Time to Take Profits?
After hitting a new high on Monday, Tesla saw Cathie Wood trim her position in the stock. While Tesla remains within a technical buy zone, analysts have lowered their expectations for fourth-quarter vehicle deliveries. On Monday, ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Autonomous Technology & Robotics ETF collectively sold 60,715 shares of Tesla, cashing out an estimated $29.67 million. With Tesla trading near recent highs, would you take profits here? Could 2026 be a breakout year for Tesla—or another period of consolidation like this year?
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