TSLA Extends Rally on EMA Support Near $435.79
Shares of Tesla Inc (TSLA) declined 1.43% to $435.79 on May 31.
Key indicators suggest a bullish bias:
Moving Averages
Price trades above the 9-day EMA ($430.44) with a bullish stack. The 21-day EMA at $419.23 provides support.
Momentum
RSI at 59.9 is in neutral territory. MACD is bullish (12.06 vs signal 11.36).
Volatility
Bollinger Band width at 17.5% indicates normal volatility.
Traders are watching $384.45 on the downside and $458.34 on the upside.
