Tesla Inc (TSLA)

[hedge_fun]

IBD Alert earlier today on TESLER…….

BASES AND BREAKOUTS

TESLA (TSLA)

Buy Point: 367.71 | Buy Zone: 367.71 - 386.10

Current Action: Tesla is in a choppy consolidation that has a proper buy point of 367.71, according to IBD MarketSurge chart analysis. Tesla was added to IBD Leaderboard Monday as it cleared a handle-like entry at 338. The relative strength line is rising as shares look to extend a three-day winning streak that saw them retake their converged 50- and 200-day moving averages. Earnings and sales have declined in the latest two quarters but the stock rose last week as the company scrapped its Dojo supercomputer project. Over the weekend, Chief Executive Elon Musk announced that the robotaxi service would be soon open to the public.