A possible breakout here for Tesla

It seems like Tesla is making further progress with its possible breakout towards the upside. Currently, its shares are trading at around $250.32 a share, and we can see that the price has now edged above the trendline resistance of the triangle. The possible breakout is highlighted by the green oval on the chart, if a close above the trendline occurs then the next potential target for the bulls here would be $268.93. Followed by $278.92 and then $299.29. The support here is now the previous trendline resistance of $245.48, a move back into the triangle could then see a re-test of this week’s low ($228.20). The outlook remains rather neutral until any further confirmation, but it could be argued that the bias has now slightly shifted towards bullish. Unless there was a break below $228.20, which would then entice the bears to look towards the support of $211.80 (along the trendline). Looking at the technical indicators, they support the mentioned outlook. The MACD is still in theory negative but it looks like it will move above its signal line, potentially turning positive. The RSI has risen over recent weeks and is now positive as it reads 55.