Yesterday we saw $TSLA (Tesla Motors, Inc.) stock absolutely fly! Elon Musk is having one of those days, adding a massive amount to both his net worth and the company's market cap. There was a huge resistance wall around $358-$360 which we broke out with huge volume. The buyers stepped up in a big way, pushing us right through and up towards $370 currently.
Now, the next big testis this $370 level. This is an area we need to watch closely. If the bulls can hold enough strength to break and hold above $370, we can easily run from here. A clean break here could potentially set us up for a run all the way toward the next major target in the $430s.
The momentum is strong this week, and with teslas market cap back near $1.2 trillion, it feels like Tesla is officially back flying again.
We will Keep a close eye on this $370 level we are at now. Let's see if the momentum holds! What's everyone's take on this breakout move?
$SPX500$NSDQ100$SPY (SPDR S&P 500 ETF)... Show More
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Sun Dec 07 2025 09:42:28 GMT+0000 (Coordinated Universal Time)
