Tesla’s Roadster goes airborne. TSLA jumps nearly 5%. 🚀
Tesla shares rose almost 5% in Friday’s premarket trading after Elon Musk unveiled the new Roadster and demonstrated its airborne capabilities. (wsj.com)
The prototype performed an aerial maneuver using SpaceX-developed thrusters. Production targets 2028, so my read is investors are reacting to renewed enthusiasm around Tesla’s technology, ahead of revenue from this model. (ft.com)
On the TSLA perpetual 1H chart, price sits near $379.75 after rebounding from $355.91.
$383 is the immediate resistance. A breakout and successful retest would strengthen the bullish setup, with $390 and $400 as potential upside levels.
I’m watching $377–$378 for initial support, followed by $370–$372. RSI near 71 signals strong momentum, but also an overbought reading.
My view: bullish momentum, with $383 as the next test. Holding support after the initial surge matters more than chasing the headline.
#TeslaRevolution
Tesla shares rose almost 5% in Friday’s premarket trading after Elon Musk unveiled the new Roadster and demonstrated its airborne capabilities. (wsj.com)
The prototype performed an aerial maneuver using SpaceX-developed thrusters. Production targets 2028, so my read is investors are reacting to renewed enthusiasm around Tesla’s technology, ahead of revenue from this model. (ft.com)
On the TSLA perpetual 1H chart, price sits near $379.75 after rebounding from $355.91.
$383 is the immediate resistance. A breakout and successful retest would strengthen the bullish setup, with $390 and $400 as potential upside levels.
I’m watching $377–$378 for initial support, followed by $370–$372. RSI near 71 signals strong momentum, but also an overbought reading.
My view: bullish momentum, with $383 as the next test. Holding support after the initial surge matters more than chasing the headline.
#TeslaRevolution