Tesla Stock Looks To Build On Positive Momentum
| Oct 08, 2021 09:00AM ET
Looking at Tesla's (NASDAQ:TSLA) 4-hour chart, we can see an uptrend for the past few months.
The stock has climbed steadily, slowly building momentum in hopes to reach its all-time high at $900.
At the time of writing, Tesla is hovering around $793, with overhead resistance at $807 and its closest support base at $764.
Today we could expect a pattern continuation and a price action move towards the $807 resistance level.
However, if it fails to hold above $793, it could move towards the $764 support level.
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