FX.co ★ Technical Analysis of Tesla for September 30, 2021

Tesla has corrected higher from from support at 539.49 and should be able to move closer to resistance at 823 before turning lower again towards the 50% corrective target of the rally from 35.40 to 900.40 seen at 468.61.

Support is now seen at 718.62 and as long as this support is able to act as a floor, Tesla should be able to fight its way higher to the 823 target to complete the ongoing correction from 539.49.