Tesla (TSLA Stock): Better-than-expected results

Today’s instrument is the Tesla Inc. stock traded in NASDAQ exchange under the ticker TSLA.

Looking at the TSLA chart, we can see that it has recovered from its 52W low of $101.81 to the last traded price of around $144.40. Last night, it announced the quarterly earnings with better-than-expected results. Today, we should see the price climb above the level of $150 where some resistance could be expected. Its strong resistance level is located at around $155.