Tesla’s stock price (TSLA) rose in the intraday levels after finishing the harmonic short term formation that is the AB/CD pattern, which is a positive pattern, combined with positive signals from the RSI after reaching oversold levels, amid the dominance of the main upward trend in the medium term, while still suffering due to trading below the 50-day SMA, hindering upcoming gains. 

 

Therefore we expect more gains for the stock, targeting the important resistance of $377.30, provided the support of $326.60 holds on.

 

Trend forecast for today: Bullish