Tesla stock held where it needed to on the long-term chart (below), but could see some resistance on the short-term chart (above). Click to Enlarge Watch out for the Tesla earnings report, Nov. 7.

Below this, Newsom continued, the next key chart level would be the 61.8% retracement of the rally, which comes in at $1,278.60. “To me, those are the two key numbers that need to hold,” he said.

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