TSLA Macro analysis | The bigger picture | Long-term holders

TSLA completed 5 waves up in a leading diagonal, and is making its correction down in wave 2, finding support at the trendline just below the weekly pivot. The structure is bullish/ The weekly 200EMA is the downside target, sitting above the High Volume Node, S1 pivot and 0.5 Fibonacci retracement. A high confluence terminal area.

📈 Weekly RSI has unconfirmed hidden bullish divergence

👉 Analysis is invalidated above wave 5