Expert maps Tesla’s path to $2,000 record high
Photo: Finbold
Tesla (NASDAQ: TSLA ) stock could be approaching another major bullish expansion, according to technical analysis by TradingShot . In a TradingView post on October 12, the analyst identified similarities between Tesla’s current long-term chart and the setups that preceded its previous major rallies. TradingShot’s monthly chart projects a potential Tesla stock price target of $2,000 between 2028 and 2030, provided the stock maintains its ascending channel dating back to its June 2010 initial public offering. The analyst divided the channel into green buy, blue intermediate, and red sell zones, using Fibonacci levels to identify potential support and resistance.
Source: Finbold
