Tesla stock crossed the middle BB line from bottom to top, the trend is bullish

$Tesla(TSLA.US)$ $NIO Inc(NIO.US)$ $XPeng(XPEV.US)$ $BYD COMPANY(01211.HK)$ Based on the TA chart Bollinger Band indicator, Tesla stock crossed the middle line from bottom to top, this is an overweight signal, and it is considered that the share price turns long. This is a bullish trend. The stock rose 6.22% and broke the resistance 200 USD when the market closed today.

It was forecasted that the stock will turn bullish using MACD and other indicators last week. You can read the article here:
Tesla's golden cross indicates a long-term bull market emerging

Tesla stock crossed the middle BB line from bottom to top, the trend is bullish

Source: All charts quoted here are from the Moomoo app.

$BYD COMPANY(01211.HK)$ $BYD Co.(BYDDF.US)$ $S&P 500 Index(.SPX.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Tesla(TSLA.US)$ $VOLKSWAGEN A G(VWAGY.US)$ $NIO Inc(NIO.US)$ $Li Auto(LI.US)$ $XPeng(XPEV.US)$ $General Motors(GM.US)$ $Ford Motor(F.US)$ $Rivian Automotive(RIVN.US)$ $MERCEDES-BENZ GROUP AG(MBGAF.US)$ $TOYOTA MOTOR CORP(TOYOF.US)$ $GEELY AUTO(00175.HK)$ $Stellantis NV(STLA.US)$

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ZnWC

I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.

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