Tesla Stock Chart Pattern Points to $759 — a 92% Move From Here
The post Tesla Stock Chart Pattern Points to $759 — a 92% Move From Here appeared on BitcoinEthereumNews.com. Tesla (TSLA) stock trades near $394 as two maturing chart patterns approach resolution. A weekly cup and handle and a daily symmetrical triangle both suggest a decisive move within days or weeks. Volume keeps contracting on both timeframes, while the Relative Strength Index (RSI) sits near 50 on each. That balance leaves Tesla stock pinned between $470 resistance and $350 support. Weekly Cup and Handle Pattern Points to $759 The weekly chart shows a cup that formed between the late 2024 top near $480 and the mid 2025 trough near $240. Price returned to the rim in December 2025 before pulling back, and the decline into the April 2026 low appears to form the handle. Volume has declined across the entire formation, a behavior often seen in valid cup and handle structures. Meanwhile, the weekly RSI reads just below 50, reflecting neutral momentum. TSLA weekly chart / Source: Tradin