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Trend Analysis: TSLA has been trading in an ascending channel for several months, with higher highs and higher lows visible since April The recent price action broke above the midline of the channel but is currently consolidating near the $420-$425 area
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Trading involves buying and selling financial instruments such as stocks, currencies, or commodities to profit from price movements Beginners must understand various order types before placing trades A market order executes immediately, and a limit order executes at a trader-specified price level
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