This chart of Tesla, Inc. (TSLA) shows a clear shift from a strong downtrend into a bullish recovery. Initially, the price was moving inside a descending channel (red zone), indicating consistent selling pressure. However, the price eventually broke out of this channel with a sharp upward move, signaling a potential trend reversal.
After the breakout, the price formed a consolidation range around the green support zone (near 370–372), showing stability and accumulation. The presence of the cloud (likely an Ichimoku indicator) suggests the market is trying to build bullish momentum above support.
Targets:
First Target: Around 390–395 (short-term resistance area marked on chart)
Second Target: Around 410–412 (major resistance / target point shown above)
After the breakout, the price formed a consolidation range around the green support zone (near 370–372), showing stability and accumulation. The presence of the cloud (likely an Ichimoku indicator) suggests the market is trying to build bullish momentum above support.
Targets:
First Target: Around 390–395 (short-term resistance area marked on chart)
Second Target: Around 410–412 (major resistance / target point shown above)
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telegram channel link
t.me/+r9_PoETjAr85Nzlk
join to get daily basis 2-3 free signal for educational purpose
t.me/+r9_PoETjAr85Nzlk
get information about Gold, BTC and forex market
t.me/+r9_PoETjAr85Nzlk
t.me/+r9_PoETjAr85Nzlk
join to get daily basis 2-3 free signal for educational purpose
t.me/+r9_PoETjAr85Nzlk
get information about Gold, BTC and forex market
t.me/+r9_PoETjAr85Nzlk
Related publications
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.