$Tesla(TSLA.US)Tesla breaks through key technical level with heavy volume, strong short-term momentum

Tesla (TSLA) rose sharply in early trading today, reaching $352.178 by 10:07 AM ET, up 4.03% with a daily gain of $13.648. The stock broke through the key resistance level of $350, hitting a recent high.

From a technical perspective, the BOLL Bands show the upper band at $367.71, and the current stock price remains between the middle and upper bands, indicating further upside potential. The MACD indicator shows a golden cross, supporting short-term bullishness.

Trading volume increased significantly, with turnover reaching $11.082 billion and a turnover rate of 1.16%, indicating strong buying interest. The intraday high was $355.87, and the low was $347.57, with an amplitude of about 2.3%, indicating a healthy technical adjustment.

Note that the TTM P/E ratio has reached 193.21x, and high valuations may bring pressure for a pullback. It is recommended to pay attention to the resistance performance in the $355-360 range. If the breakout fails, a technical pullback may occur.

Short-term strategy: You can follow the trend to be bullish, but you need to strictly control your position and set a stop loss below $345.

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