Take a look at these Tesla price levels according to the shares at the highest conclusion since February

Tesla (TSLA) parts have been with its highest level in the week for more than two months, since the share has won ground in each of the last three weeks in the past three weeks.

The stock gained at the end of the last month, after CEO Elon Musk, during the earnings in the first quarter of the company, in the first quarter, that he would spend less time in the Department of Government Efficiency or “Doge” and more time in his work in the company.

In recent times, the Tesla shares received a thrust after the Trump government announced a trade agreement with Great Britain and proposed that more were on the road. Trade News will probably also set the tone this week, even after the finance minister Scott Bessent and the sales representative Jamieson Greer have conducted “essential progress” in the US China talks held at the weekend, and added that the details would be discussed on Monday.

The Tesla shares have recovered from around 40% compared to the low of the last month. However, the share has declined 26% since the beginning of the year until the end of the year, which is partly due to the fact that the participation of Musk in the Trump administration could weigh up sales of the car manufacturer.

In the following we take a closer look at Tesla's diagram and use technical analyzes to point out the decisive price level that investors will likely observe.

Triple bottom confirmation

The Tesla shares placed a triple floor on the table between the beginning of March and the end of April and set the stage for a bullish reversal.

In fact, the stock confirmed the pattern in the trading session on Friday, broke out over the excerpt of the formation and closed over the closely observed 200-day moving average (MA). In addition, the relative strength index signals the optimistic price and is comfortably under overbought level to offer enough space for further advantages.

Let us identify two decisive overhead areas in the Tesla table, in which the shares may encounter resistance and also find important levels of support for monitoring in future retracements.

To observe decisive overhead areas

The Tesla shares increased by almost 5% to around 298 US dollars on Friday, the highest final level since February 25th.

Another purchase this week was able to take Tesla Bulls a step into the 360 ​​dollar area. Investors who have accumulated stocks at lower prices can search for exit points near a trend line near a trend line that connects this year's February -F transmission -swing High last year.

The purchase above this area can see a rally towards 430 US dollars. This level in the table could deliver the sales pressure near the January tips, which also match the trough of the first withdrawal after the shares set its record high last December.

To monitor main support levels

The first level that has to be observed during the retracements is 289 US dollars. This area in the table offers a confluence from the nearby 200-day-MA and the excerpt of the triple bottom pattern, which may flow into future support from an area of ​​previous resistance.

The sale below this level was finally able to check Tesla shares on 225 US dollars. Investors in this region near the three prominent trogs that mark the low point of the triple floor can search for buying options.

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Until the date on which this article was written, the author has none of the above securities.