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stocksJun 15, 2026, 10:21 AM

Tesla Cup and Handle Pattern Targets $765 Amid Peace Deal Tailwinds

Tesla shares extended gains on Friday, supported by a potential US peace deal, with a cup-and-handle pattern pointing to a $765 target.

TSLA

Tesla (TSLA) and SpaceX shares continued their upward momentum on Friday, building on gains from Thursday. The move follows tailwinds linked to a potential peace deal involving the US.

Technicians point to a massive cup-and-handle pattern on Tesla's chart, which projects a price target of $765. The pattern is often viewed as a bullish continuation signal.

The rally comes amid broader market optimism, though the exact terms of the discussed peace deal remain unspecified.

Source: FXStreet Forex News