$Tesla Motors(TSLA)$ ππͺπ 100 More Reasons to Chart With Precision, Thank You, Aqa ππͺπ
Total Coins as at 29 May 2025: 35,961 πͺ | Consecutive Check-ins: 461 Days
I want to extend a heartfelt thank you to @Aqa for the recognition & thoughtful mention following TigerClubβs spotlight on my $TSLA post, which earned me an additional 100 coins ππͺ. That post wasnβt written for praise. It was about putting conviction into charts and clarity into trade structure, but your acknowledgment truly means a lot π.
From a structural standpoint, I still believe weβre witnessing the unfolding of a very specific wave formation on $TSLA. The ascending triangle is developing beautifully, and as long as we hold above $361.98, I remain positioned for a bullish continuation. In my view, weβre building toward a test of the upper Bollinger Band, currently tracking near π― $381.27.
As for the Fed minutes due at 2:00 PM EST, Iβm not positioning around them. Theyβre dated, backward-looking, and have been eclipsed by over 50 tariff headlines since the last meeting. In my opinion, theyβre more noise than signal. $TSLA isnβt reacting to stale policy notes. Itβs responding to Muskβs real-time execution, whether through Optimus, xAIβs Colossus, or the upcoming Robotaxi launch.
Technically, weβre now just inches away from the 100% extension of wave a, with that key $370β$400 green target zone coming into play. I still see short-term momentum as favourable for a breakout into that area before hitting any major resistance.
π Hereβs how I currently frame the Fibonacci roadmap:
If $TSLA has anchored support at the 38.2% Fib, then the path to the 76.4% Fib is likely to follow. From there, we could see price accelerate toward 61.8%, and eventually push toward π― $507.71, a level aligning both structurally and with institutional gamma exposure.
π Maximum downside risk: $305.52
π Maximum upside potential: $507.71 π―
π― Key level to watch: $361.98
Iβve plotted all of this using my custom Fib settings on the 8-hour candlestick chart via TradingView, and those levels continue to validate the larger wave thesis.
If $TSLA holds the $361.98 pivot, I expect a strong push toward the $370β$400 zone. A breakout from there opens the door to a run at $507.71, especially if $NVDA earnings ignite a fresh AI rotation tonight.
Once again, π thank you @Aqa for spotlighting my work, and to all the traders keeping this platform sharp, data-driven, and forward-focused. Iβll keep doing what I do, decoding charts, reading macro, and preparing for the next inflection.
π’ Donβt miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets ππ Iβm obsessed with hunting down the next big movers and sharing strategies that crush it. Letβs outsmart the market and stack those gains together! π
Trade like a boss! Happy trading ahead, Cheers, BC πππππ
@TigerClub @TigerStars @TigerPicks @Tiger_comments @Daily_Discussion @Tiger_Earnings @TigerWire
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