(Finance) – Advances in large steps Tesla Motors, which is taking home a 3.2% rise to $ 877 per share. The stock does not seem to be affected at all by the sale of over 7.9 million shares, for a value of approximately 6.9 billion dollars, made by the founder Elon Musk at a price of 869.09 dollars, which the prices are aligning. A sale that, according to Musk, would have to do with the dispute for Twitter, which the numeor one of Tesla has given up buying.
The trend ofcompany active in the automotive sector in the week, compared to FTSE MIBnotes a lower relative strength of the stock, which could fall prey to sellers ready to take advantage of potential weaknesses.
The medium-term analysis confirms the positive trend of Tesla Motors. Although the short term highlights an easing of the bullish line at the test of the top 863.6 Euro. First support seen at 821.2. Technically, a negative development is expected in the short term towards the 801.2 support.