⚡ Tesla (TSLA) – Breakout from Demand Zone, Big Upside Potential
TSLA recently respected the strong demand zone around $220–$240 and has bounced sharply with increasing volume, signaling renewed buying interest. Price has now cleared immediate resistance and is forming higher lows a bullish sign.
📍 Entry: $282.16
🎯 Targets:
TP1: $330 (mid-level)
TP2: $367.34 (major resistance zone)
❌ Stop-loss: Below $242.79
This setup offers an excellent risk-to-reward ratio with a potential breakout rally if broader market sentiment supports tech.
Volume spikes confirm accumulation, and momentum indicators are likely flipping bullish. Keep an eye on price action near $300 for further confirmation.
TSLA recently respected the strong demand zone around $220–$240 and has bounced sharply with increasing volume, signaling renewed buying interest. Price has now cleared immediate resistance and is forming higher lows a bullish sign.
📍 Entry: $282.16
🎯 Targets:
TP1: $330 (mid-level)
TP2: $367.34 (major resistance zone)
❌ Stop-loss: Below $242.79
This setup offers an excellent risk-to-reward ratio with a potential breakout rally if broader market sentiment supports tech.
Volume spikes confirm accumulation, and momentum indicators are likely flipping bullish. Keep an eye on price action near $300 for further confirmation.
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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.