Tesla On The Rise

Tesla recently had it’s own Artificial Intelligence (AI) Day, touching upon its further development to have fully autonomous driving and announcing other products and developments, such as the Tesla Bot. While doing so, the company’s stock prices has been continuing a steady uptrend. Previously, the stock prices fell below $700, however, this week’s recent break of the price shows a level of optimism.

  • Should the price break above $700, the stock may continue its uptrend with bulls in control.
  • However, should the price break below the current trendline set, we may see a trend reversal.