Tesla (
TSLA) is sitting at a crucial structure:

Click chart above to see the detailed analysis👆🏻
Despite the -60% correction which we have been seeing over the past couple of months, Tesla still continuously validates its overall uptrend. That's exactly the reason for my strong bullish thesis and the assumption, that after we see bullish confirmation, Tesla will reject the current support area.
Levels to watch: $250, $400
Keep your long term vision,
Philip (BasicTrading)
Click chart above to see the detailed analysis👆🏻
Despite the -60% correction which we have been seeing over the past couple of months, Tesla still continuously validates its overall uptrend. That's exactly the reason for my strong bullish thesis and the assumption, that after we see bullish confirmation, Tesla will reject the current support area.
Levels to watch: $250, $400
Keep your long term vision,
Philip (BasicTrading)
Trade active
Tesla - (click chart above to see the in depth analysis👆🏻)
After testing our patience lately, Tesla now seems to finally reject the previous structure towards the upside as expected. This just validates the bullish break and retest continuation with Tesla eventually heading for new all time highs as well.
Levels to watch: $250, $400
Keep your long term vision!
Philip (BasicTrading)
Trade closed: target reached
Tesla - (click chart above to see the in depth analysis👆🏻)
With the perfect creation of bullish confirmation, Tesla is now clearly rejecting the major confluence of support. Everything remains valid and there is clearly a higher chance, that Tesla will continue even higher going into the second half of 2025.
Levels to watch: $400
Keep your long term vision!
Philip (BasicTrading)
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Disclaimer
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Free: SwingTrading-Academy👇
discord.gg/jgdrYXwqyD
SwingTrading.Simplified.
Investing.Simplified.
#LONGTERMVISION
discord.gg/jgdrYXwqyD
SwingTrading.Simplified.
Investing.Simplified.
#LONGTERMVISION
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.