Tesla's stock busts through 50-DMA resistance into bull-market territory

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Tesla bulls finally succeeded Monday to get the electric vehicle giant's stock past upside technical resistance and into fresh bull-market territory.

Tesla Inc.’s bulls finally succeeded on Monday, after multiple attempts over nearly two weeks, to get the electric-vehicle giant’s stock past upside technical resistance and into fresh bull-market territory.

A couple of bullish fundamental catalysts, like an analyst upgrade and a labor battle that Tesla’s rivals are facing, helped bulls get the stock TSLA over the line.

 

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