$Tesla Motors(TSLA)$ ๐ On 5Aug2024, $TSLA marked a pivotal low at $182 before erupting into a parabolic climb that topped out at $488 by mid-December. That wasnโt just a recovery. It was a roadmap.
Weโre now within striking distance of that anniversary. The price is coiled just beneath multi-month resistance, volume has dried up into compression, and macro conditions mirror last yearโs setup. Technicals show a confirmed wedge breakout. Options flow is heating up with 2026 LEAP calls, and ARK has re-accumulated over 140,000 shares in just weeks.
This isnโt about nostalgia. Itโs about positioning. Every major Tesla run has started when sentiment was split, volatility faded, and the chart tightened. Thatโs the exact setup weโre staring at now. If $325 clears, we could be looking at a Fibonacci move toward $414, then $741. The robotaxi rollout, Optimus roadmap, and battery margin expansion are all quietly stacking under the surface.
Iโm watching this zone closely. The next multi-month trend could already be in motion.
๐ข Donโt miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets ๐๐ Iโm obsessed with hunting down the next big movers and sharing strategies that crush it. Letโs outsmart the market and stack those gains together! ๐
Trade like a boss! Happy trading ahead, Cheers, BC ๐๐๐๐๐
@Tiger_comments @TigerPicks @TigerStars @TigerWire
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@Barcode looking forward for it to spring into action!
Great article, would you like to share it?
Great article, would you like to share it?