Tesla has completed a clear corrective ABC structure, with wave C finding support near the $300 zone.
The recent rebound suggests the potential start of a bullish impulsive leg, targeting successive resistance zones.
A short-term reaction zone where minor correction may occur could be found near the quick Target area $375
$420 Price target aligns with prior wave B structure and a key liquidity zone.
$475 target projects the completion of this bullish cycle, marking a full recovery from the corrective phase.
Tesla’s structure hints at renewed accumulation and potential continuation toward higher highs as sentiment shifts back to growth optimism.
You can find more details on the chart.
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- Ytv Market News
- Share-market news writer and analyst with deep experience covering equities, commodities, forex, and cryptocurrencies for readers in the USA, UK, Canada, and Australia. Ytv Market News delivers timely market updates, practical trading insights, and clear explanations of macro and company-level catalysts that move prices. Combines on-the-ground financial reporting with technical analysis, using concise charts and actionable ideas to help investors and traders make smarter decisions.
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