Shares of Tesla Inc., a leading manufacturer of electric cars, are trading at 213.00.
On the daily chart, the price is correcting within the ascending channel with dynamic boundaries of 280.00–197.00.
On the four-hour chart, after the reversal at the support line of 185.00, an upward trend is developing, the key obstacle for which is the high of the beginning of the month of 225.00. The consolidation above will allow the quotes to reach the resistance line and the annual high of 270.00.
Technical indicators have given a buy signal: fast EMAs on the Alligator indicator have crossed the signal line upwards, and the AO histogram is rising in the sell zone, forming ascending bars.

Trading tips
Long positions may be opened after the price grows and consolidates above 225.00, with the target at 254.00. Stop loss is 220.00. Implementation period: 7 days or more.
Short positions may be opened after the price declines and consolidates below 205.00, with the target at 181.60. Stop loss — 212.00.
加载失败()