Tesla jumps and breaks pattern

Note: This section contains information in English only.
Source: Dukascopy Bank SA


The support of the 50.00% Fibonacci retracement level at 892.23 was strong enough to cause a sharp surge. The surge slowed down near the upper trend line of the channel down pattern, during the last day's of 2021 trading.

Afterwards, after a short lived retracement down to the support of the 50-day simple moving average, the stock price jumped at the start of 2022 trading. Namely, the stock price jumped more than 14.00%, compared to the 2021 closing price.

On Tuesday, January 4, the stock was expected to continue the surge, as it faced no technical resistance. The only resistance could be provided by the all-time-high level at 1,244.44. A passing of this level might find resistance only in round price levels.

Meanwhile, a potential move back down could look for support in the 50-day simple moving average near 1,065.00, before looking for support in Fibonacci levels at 975.35 and 892.23.
Back to articles

Actual Topics

Tue, 04 Jan 2022 12:25:44 GMT

Germany 40 index approaches all-time high

During Tuesday's early European trading hours, the German top 40 stock index surged, as it reached above the 16,000.00 mark. In the near term future, the index was expected to reach the 2021 high level at 16,300.00. A continuation of the surge of the German index could find resistance in round price levels like the 16,400.00 and 16,500.00 marks. However, take

Mon, 27 Dec 2021 10:09:26 GMT

Alphabet stock bounces off support line

On December 20, the stock price for Alphabet found support in the lower trend line of the channel up pattern, which had guided the stock price up since the 2020 March coronavirus stock drop. In the near term future, the share price was expected to test the resistance of the November high levels at 3,005.00/3,020.00. Note that the November high

Subscribe to "Fundamental Analysis" feed

Subscrever
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre as opções binárias do Dukascopy Bank / Plataforma de negociação Forex, SWFX e outras informações relacionadas com Trading,
ligue-nos ou faça-nos um pedido para ser contactado.
Para saber mais sobre a plataforma de negociação Dukascopy Bank CFD / Forex, SWFX e outras informações relacionadas com negociação,
por favor entre em contato conosco ou faça um pedido de retorno de chamada.
Para saber mais sobre a plataforma de Trading / Trading de Crypto/ CFD / SWFX e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para saber mais sobre o programa de Introdutor de Negócios e outras informações relacionadas à negociação,
ligue-nos ou faça-nos uma pedido para ser contactado.
Para obter mais informações sobre uma potencial cooperação,
ligue-nos ou faça-nos um pedido para ser contactado.