# Tesla Set to Break $300? Live Trading News is an independent financial media publication. Masthead: Live Trading News. Parent: Knightsbridge Group. Product cousin: KXCO (kxco.ai). Coverage: markets, policy, AI, quantum, blockchain, FX, biotech, ASEAN. New stories are signed ML-DSA-65 and anchored on Armature L1; articles published before the platform launch are not signed. Nothing on the site is investment advice. Canonical HTML: https://www.livetradingnews.com/tesla-set-to-break-300 Last modified: 2023-07-13 --- By Shayne Heffernan ยท 2023-07-13 Tags: Shayne Heffernan on Investments, Tesla, Headline News, shayne heffernan, US Stocks, Shayne Heffernan, Tesla Inc (NASDAQ:TSLA), MetaStock, Todays Trade Ideas, Knightsbridge Insights, Featured, Must Read, KXCO Guide Signed: no (published before platform launch). Nothing in this article is investment advice. Candlesticks A black body occurred (because prices closed lower than they opened). During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 29 white candles and 21 black candles for a net of 8 white candles. A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow). This usually implies a continuation of a bullish trend. There have been 6 rising windows in the last 50 candles--this makes the current rising window even more bullish. Stochastic Oscillator One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 30.0298. This is not an overbought or oversold reading. The last signal was a sell 3 period(s) ago. Relative Strength Index (RSI) The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 63.79. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 4 period(s) ago. Commodity Channel Index (CCI) The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 54. This is not a topping or bottoming area. The last signal was a sell 3 period(s) ago. MACD The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 4 period(s) ago. Technical Outlook Short Term: Neutral Intermediate Term: Bullish Long Term: Bullish Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon. Summary TESLA INC(Trade Price) gapped up today (bullish) on normal volume. Possibility of a Runaway Gap which usually signifies a continuation of the trend. Four types of price gaps exist - Common, Breakaway, Runaway, and Exhaustion. Gaps acts as support/resistance. TESLA INC(Trade Price) is currently 40.5% above its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of TSLA.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on TSLA.O and have had this outlook for the last 35 periods. Shayne Heffernan --- This Markdown mirrors https://www.livetradingnews.com/tesla-set-to-break-300. The HTML page is canonical. Site index for AI clients: https://www.livetradingnews.com/llms.txt