Tesla stock rebounds after Musk-Trump feud, rising 5% to $316 with potential for bullish trend.

Tesla shares rebounded after a steep decline caused by the Musk-Trump feud. The stock rose 5% to $316 as the EV maker released data on second-quarter deliveries. Musk’s political involvement has hurt the Tesla brand, but the stock rallied 23% in Q2. Technical analysis shows potential for a bullish trend.

Investors should watch support around $285 and $225 on Tesla’s chart. Failure to defend these levels could lead to a drop to $225. A close above moving averages could push the stock towards resistance at $365 and $430, offering profit-taking opportunities for investors. Golden cross pattern signals higher prices.

Read more at Yahoo Finance: Watch These Tesla Price Levels as Stock Bounces Back from Sell-Off