Reported 3 days ago
Tesla shares are under scrutiny as they experienced consecutive losses ahead of their fourth-quarter deliveries report, expected to reveal around 510,000 units sold, which indicates growth. The stock has formed a pennant pattern suggesting a continuation of the uptrend, with a target price of $615. Investors should monitor support levels at $360 and $300, particularly if the stock breaks below the pennant's lower trendline.
Source: YAHOO