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Benzinga
120 days

Tesla Stock: Today's Top Price Target Set To $242.49

1. TSLA currently trades near pivot level of 230.65. 2. Bulls aim to reclaim 233.49; targets are set higher. 3. Bearish action could push TSLA down to 226.53. 4. Overall market sentiment remains cautious amid low volume. 5. Investors should monitor Fed comments for market influence.

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FAQ

Why Bullish?

TSLA's target levels suggest potential upward momentum if bulls maintain support. Similar historical breakouts have often resulted in significant gains.

How important is it?

Updates about TSLA's price action are critical for traders focusing on near-term fluctuations; thus, the analysis is somewhat important.

Why Short Term?

Short-term trading dynamics will primarily dictate TSLA's price based on current market sentiment and trading levels.

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