๐
TSLA โ Weekly Outlook
Price is holding above equilibrium (~400) after reclaiming structure.
Strong base formed in discount zone (~345โ300) now acting as support.
RSI on weekly = 71.4 โ momentum strong, trending into overbought.
Long-term projection points toward $1,217.56 (extension target).
๐ฏ Scenarios
Bull case (70%)
Hold >400 โ momentum unlocks premium zone.
Next upside pivots: 470 โ 600 โ 1,217 (extension).
Bear case (30%)
Break <400 โ return to equilibrium/discount at 345โ300.
Price is holding above equilibrium (~400) after reclaiming structure.
Strong base formed in discount zone (~345โ300) now acting as support.
RSI on weekly = 71.4 โ momentum strong, trending into overbought.
Long-term projection points toward $1,217.56 (extension target).
๐ฏ Scenarios
Bull case (70%)
Hold >400 โ momentum unlocks premium zone.
Next upside pivots: 470 โ 600 โ 1,217 (extension).
Bear case (30%)
Break <400 โ return to equilibrium/discount at 345โ300.
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.
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.