Tesla’s Breakout Rally Has Target at Projected Target $365

How high can $Tesla Motors(TSLA)$ go

• The projected resistance level at $365 is estimated by measuring the height of the recent base formation (shown on the chart) and projecting this distance upwards from the breakout point.

• This method is commonly used in technical analysis to identify potential price targets after a breakout.

• Additionally, $365 coincides with historical resistance, further strengthening this projection as a key reference level.

Using DLCs for Short-Term Trading

• If the price approaches or tests the $365 resistance, short-term traders can monitor for breakout or rejection signals.

• A breakout above $365 with momentum may favour long DLCs ( $TESLA 3xLongSG261006(TSYW.SI)$ ), as these instruments track upward movement with leverage.

• Conversely, if price stalls or reverses near $365, short DLCs (e.g. $TESLA 3xShortSG261006(TSXW.SI)$ )could benefit from any pullback.

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