TSLA: Wave 4 or Explosive Momentum – Get Ready for a Big Move
📈 Weekly Scenarios
Bullish scenario:
The price holds the $436–$449 zone, ending the correction with wave 4.
Breaks above $470–$471, triggering wave 5 → target of $488–$505+.
Consolidation:
The price is in the $436–$471 range, without a clear breakout, preparing for the next impulse.
Bearish scenario:
Breakthrough of support at $425–$397 → possible reversal or deep correction instead of growth.
✅ Conclusion
Tesla is at an important wave crossroads – it either completes the correction and prepares for a strong rally, or reverses downward.
Key points to watch: $436–$449 (correction support) and $470–$471 (resistance breakout).
Confirmation of the wave structure and price reaction at these levels will be critical for making trading decisions.
📈 Weekly Scenarios
Bullish scenario:
The price holds the $436–$449 zone, ending the correction with wave 4.
Breaks above $470–$471, triggering wave 5 → target of $488–$505+.
Consolidation:
The price is in the $436–$471 range, without a clear breakout, preparing for the next impulse.
Bearish scenario:
Breakthrough of support at $425–$397 → possible reversal or deep correction instead of growth.
✅ Conclusion
Tesla is at an important wave crossroads – it either completes the correction and prepares for a strong rally, or reverses downward.
Key points to watch: $436–$449 (correction support) and $470–$471 (resistance breakout).
Confirmation of the wave structure and price reaction at these levels will be critical for making trading decisions.
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.