The analytical company TeleTrade believe that shares Tesla (TSLA) is still relevant for investment , as rising prices may continue in the future. From the standpoint of production only , Tesla definitely did the right thing that you can compare the innovative approach of the revolution smartphones from Apple (AAPL).
What is really important for investors in deciding to invest , so is the price . The analysts of TeleTrade believe that in order to make money in stocks , you need to pay attention to their cost. As for the Tesla, that the company’s shares recently tested the local resistance , and it is expected that they will fall to test support. And then resume their decline from the corresponding zones of resistance.
Also worth pointing out that when Tesla tested the highs , this could serve as a signal to some traders to sell shares. Many investors do not want to sell their shares , but for those investors who are not in TSLA, this consolidation can be an entry point . However , wait for training and testing more precise level of support with a view to enter the market to purchase.
In TeleTrade believe that right now TSLA can be considered for investment , but given the sharp fluctuations related to the news , things can change very quickly in the future . It is worth emphasizing that the current figures are far from reflecting Tesla capitalization. Shares may be triggered again in the near future because of possible news. In a sense, it can be assumed that investing in Tesla currently very dangerous, especially after such a strong movement was observed . In this regard, the best option for the trader is not ready to take a big risk , it would wait for the obvious support level . Shares currently trade at TSLA 236.75 dollars per share, saved prospects for growth. Today’s price added 1.18 %.